This article has been reviewed by tax expert Erica Gellerman, CPA. Ket highlights: Sole proprietorships are subject to pass-through taxation, meaning the business owner reports income or...
For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a mistake. Here are six steps that...
What is an IRS Form 1099-K? A 1099-K is a transaction record from third-party payment networks such as PayPal or Venmo. They fill out the...
Businesses buoyed by coronavirus relief funding may face a new wave of uncertainty this tax filing season as rules about how that money should be reported...
Next year, many people using peer-to-peer payment apps to sell goods and services — including gig workers, landlords and small-business owners — will be receiving...
