Your small business taxes are based on the type and structure of your business. If you recently started a small business, you might be wondering which forms you need to file and what your tax obligations are as a business owner. Check out this small business tax filing guide to l...
How much of your paycheck goes to taxes? What portion of my paycheck is withheld for federal deductions? What portion of my paycheck is withheld for state and local payroll deductions? What percent of your paycheck goes to taxes? How to change your take-home pay? How do non-governmental...
Business loans work much in the same way aspersonal loans. You apply to borrow a specific amount from a lender, such as a bank or online lender, and it will assess whether it wants to lend to you and, if so, at what interest rate. If it makes you an offer, you can decide if th...
How to file your taxes for free Click here to view interactive content Direct File Direct Fileis a free IRS program for filing federal tax returns online. In 2025, Direct File is open to eligible taxpayers in 25 states: Alaska, Arizona, California, Connecticut, Florida, Idaho, Illinois, Kans...
A good way to check to make sure you're withholding enough is through the IRS'sTax Withholding Estimator. READ: 15 Tax Questions Answered. When Should I Increase My Withholding? If you owe taxes at the end of the year, consider increasing your withholding. ...
For example,If I Madeis an online home business that sells video classes to creative professionals, such as “How to take wedding photos” or “Taxes for creatives.” Cosmetics brandYegi Beauty, on the other hand, combines online courses with a product catalog, to create a full shopping and...
Take the time to register a business bank account and obtain a business credit card and business insurance to make handling your funds easier. Keeping your personal and business accounts separate makes filing taxes for your business much easier. It can also help you automate some of the financial...
Even if you’re not paying someone else to do payroll for you, it’s still considered a business expense. This is because your employees’ wages and your share of payroll taxes cut into your profit margin. And if business slows down, you may be faced with the difficult decision of delayi...
Choosing a business structure is one of the most important decisions you’ll make. The legal structure you choose will determine how you pay taxes and how government entities view your business. Importantly, your business structure will determine whether or not your profits are taxed on a pass-...
Choosing a business structure is one of the most important decisions you’ll make. The legal structure you choose will determine how you pay taxes and how government entities view your business. Importantly, your business structure will determine whether or not your profits are taxed on a pass-...