Understanding which IRS tax forms your small business must file and when helps you avoid penalties and stay financially organized. Federal forms differ for sole proprietors, limited liability ...

If you have formed a limited liability company that is being taxed as an S corporation, also called an S Corp, you will at some point need to become acquainted with form 1120-S. The IRS Form 1120-S is ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

Filing taxes for small businesses can be overwhelming and intimidating. There are so many questions you need to answer to get it right. What are the right forms for my business? What taxes am I ...

Tax preparation is complex and often confusing, even when you’re filing individual income tax as an employee with a single source of income. When you’re a first-time entrepreneur, however, the ...

If you acquired some new equipment in 2004, don't forget about the much improved depreciation write-off. Attention small-business owners: As you prepare your business tax forms and schedules, don't ...

Here's how to complete Form 8832 so you can tell the IRS how to classify your business for tax purposes. Many, or all, of the products featured on this page are from our advertising partners who ...

The One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance ...

For most Americans, tax day comes once per year. That’s not the case for businesses though. If you own a business, you have to file tax forms on a regular basis. There are deadlines you must stay on ...