Do I Have a Business or a Hobby?
We live in an age where anyone can be their own boss and turn their dreams and passions into a business. A lot of Americans have… Read more
Schedule C
Understanding the Form 1099-K
The information in this article is up to date through tax year 2019 (taxes filed in 2020).
If you are self-employed and… Read more
Self-Employment Tax Forms
The information in this article is up to date through tax year 2019 (taxes filed in 2020).
There are several forms that… Read more
The Ultimate Guide to Tax Forms
The IRS has hundreds of forms. Each one reports specific types of income, expenses and other financial data. The exact form(s)… Read more
Tax Prep Checklist for the Small Business Owner
Compiling all the necessary documents and IRS forms, and adhering to their various deadlines, can be a daunting task that… Read more
The Ultimate Guide to the 1099-MISC for the Freelancer
What is a Form 1099–MISC?
Form 1099 is an IRS tax form that reports income paid to you by someone other… Read more