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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…

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…

Video: Guide to Payroll Taxes
As an entrepreneur, you probably realize that there are some business expenses you just can't control—like the payroll taxes you have to pay for yourself and each person you employ. Watch this video to find out more about payroll taxes and how they may affect your business. Read more…

Tax Tips for Sole Proprietors
As a sole proprietor, you are in charge of your own business. You'll face additional taxes and reporting requirements, but you may also be eligible for certain business tax deductions. Read more…

When the IRS Classifies Your Business as a Hobby
If your business claims a net loss for too many years, or fails to meet other requirements, the IRS may classify it as a hobby, which would prevent you from claiming a loss related to the business. If the IRS classifies your business as a hobby, you'll have to prove that you had a valid profit motive if you want to claim those deductions. Read more…


More Small Business Taxes Articles

How an S-Corp Can Reduce Your Self-Employment Taxes What Online Business Owners Should Know about IRS Form 1099-K What is Form 8919: Uncollected Social Security and Medicare Tax on Wages What is Schedule F: Profit or Loss from Farming What Is Schedule J: Income Averaging for Farmers and Fishermen What Is Form 8941: Credit for Small Employer Health Insurance Premiums Little-Known Tax Tips for Small-Business Owners Startup Business Tax Tips Affordable Care Act (Obamacare) Survival Guide For ALEs Does Your Company Need to File Form 1095-B? How Does IRS Form 1095-B Affect Small Businesses? What is Form 4136: Credit for Federal Tax Paid on Fuels What is Form 8903: Domestic Production Activities Deduction What is Form 8881: Tax Credit for Small Employer Pension Plan Startup Costs Who Pays the Transient Occupancy Tax? Standard Mileage vs. Actual Expenses: Getting the Biggest Tax Deduction Maximizing Tax Deductions for the Business Use of Your Car How the PATH Act Benefits Small Business Owners A Guide to Paying Quarterly Taxes Driving Down Taxes: Auto-Related Tax Deductions Summary of Business Tax Law Changes 2010-2017 Business Use of Vehicles How to File Federal Income Taxes for Small Businesses Filing a Business Tax Extension How to Pay Employer Federal Taxes What Is IRS Form 720? Depreciation of Business Assets Is Interest on Credit Cards Tax Deductible? Can I Convert My LLC to an S-Corp When Filing My Tax Return? Small Business Break: Get a Refund of Taxes Paid in Previous Years Starting a Business New Small Business Legislation Benefits Both Businesses and Individuals LLC Tax Filing Rules Estimated Taxes: Common Questions When and How to Incorporate S-Corp Federal Tax Filing Dates Mobile Phones, Internet and Other Easy Tax Deductions Limited Liability Company Taxes Managing Assets What is the IRS Form 941? What Is the IRS Form 4562? The Home Office Deduction Tax Advantages to Incorporating Can Cellphone Expenses Be Tax Deductible With a Business? Closing a Business Do Chapter Sub S Corps File Personal Tax Returns? Taking Business Tax Deductions Can I Write Off Credit Card Interest on My Taxes? How Do You Get a Business Tax ID Number? What is a Schedule K-1 Tax Form? Video: IRS Rules for Reasonable Business Expenses What is IRS Form 8829: Expenses for Business Use of Your Home Video: Tax Tips for Small Businesses Estimated Taxes: How to Determine What to Pay and When Business Tax Preparation

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