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Business Use of Vehicles
If you use vehicles in your small business, how and when you deduct for the business use of those vehicles can have significant tax implications. It pays to learn the nuances of mileage deductions, buying versus leasing and depreciation of vehicles. Special rules for business vehicles can deliver healthy tax savings. Read more…

Video: What is Schedule C-EZ: Profit or Loss from a Business?
When you earn income from self-employment, preparing your tax return can be more complicated than when you earn income from an employer. Schedule C-EZ can make the filing process much simpler. Watch this video to learn more. Read more…

Penalties for Not Filing a 1099-Misc IRS Form
One of the most common reasons for receiving a 1099-MISC is performing work as an independent contractor. Read more…

What Is the IRS Form 941?
You must file IRS Form 941 if you operate a business and have employees working for you. Certain employers whose annual payroll tax and withholding liabilities are less than $1,000, might get approval to file the annual version—Form 944. Read more…

What Is Schedule J: Income Averaging for Farmers and Fishermen
Income averaging for farmers and fishermen provides a way to balance an income tax burden over several years, reducing the effects of both lean and bounty years. Schedule J is the Internal Revenue Service form used when you want to average your fishing or farming income. Read more…

More Small Business Taxes Articles

Affordable Care Act (Obamacare) Survival Guide For ALEs Does Your Company Need to File Form 1095-B? LLC Tax Filing Rules What is Form 8903: Domestic Production Activities Deduction S-Corp Federal Tax Filing Dates Maximizing Tax Deductions for the Business Use of Your Car Do Chapter Sub S Corps File Personal Tax Returns? What is Schedule F: Profit or Loss from Farming What is Form 8881: Tax Credit for Small Employer Pension Plan Startup Costs A Guide to Paying Quarterly Taxes Depreciation of Business Assets What Online Business Owners Should Know about IRS Form 1099-K Filing a Business Tax Extension Who Pays the Transient Occupancy Tax? When and How to Incorporate When the IRS Classifies Your Business as a Hobby What Is the IRS Form 4562? Closing a Business How to Pay Employer Federal Taxes Video: Can I Deduct the Cost of a New Computer on My Taxes? Estimated Taxes: Common Questions The Home Office Deduction Video: IRS Rules for Reasonable Business Expenses Startup Business Tax Tips What Is Form 8941: Credit for Small Employer Health Insurance Premiums Standard Mileage vs. Actual Expenses: Getting the Biggest Tax Deduction What is Form 8919: Uncollected Social Security and Medicare Tax on Wages How an S-Corp Can Reduce Your Self-Employment Taxes Managing Assets Tax Advantages to Incorporating What Is IRS Form 720? Starting a Business Estimated Taxes: How to Determine What to Pay and When Video: Tax Tips for Small Businesses Video: Guide to Payroll Taxes Can Cellphone Expenses Be Tax Deductible with a Business? How Do You Get a Business Tax ID Number? Reporting Self-Employment Business Income and Deductions New Small Business Legislation Benefits Both Businesses and Individuals What is Form 4136: Credit for Federal Tax Paid on Fuels How the PATH Act Benefits Small Business Owners Limited Liability Company Taxes Are 501C3 Stock Investment Profits Tax-Exempt? Tax Tips for Sole Proprietors Can I Convert My LLC to an S-Corp When Filing My Tax Return? Driving Down Taxes: Auto-Related Tax Deductions Is Interest on Credit Cards Tax Deductible? Can I Write Off Credit Card Interest on My Taxes? How Does IRS Form 1095-B Affect Small Businesses? Mobile Phones, Internet and Other Easy Tax Deductions Taking Business Tax Deductions What is a Schedule K-1 Tax Form? How to File Federal Income Taxes for Small Businesses Little-Known Tax Tips for Small-Business Owners Business Tax Preparation What is IRS Form 8829: Expenses for Business Use of Your Home Summary of Business Tax Law Changes 2010-2017 Small Business Break: Get a Refund of Taxes Paid in Previous Years
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