To help you cruise through the process, here are some quick tips for how to file taxes on your own for the first time. 1. Gather all of your tax documents If you're expecting a refund, you might be eager to file your tax return as soon as you can. Throughout January, Februar...
Your federal income taxes are due by April 15th every year, but you can request an extension which will give you until August 15th to file them. Keep in mind that even if you file for an extension, any taxes owed are still due on April 15th, and interest will accrue on unpaid amount...
Wondering if you need to file taxes even if your LLC didn’t earn any income? Learn whether you need to file and how to file taxes for an LLC with no income.
If you did not meet any of the above conditions, you do not have to file income tax in Colombia in 2025. What Incomes are Taxed in Colombia? Colombia taxes the worldwide income of tax residents, while non-residents are taxed only on income sourced within Colombia. If you were a tax re...
Selling on eBay can be a fun hobby or a serious business. It’s important for everyone—whether you’re a casual seller or a full-blown business owner—to know how to report eBay sales on taxes. In this post, you’ll find information on what forms you need, how to calculate income,...
The self-employment tax consists of Social Security and Medicare taxes, but you might have other taxes to pay as well.
Claiming dependents can help you save thousands of dollars on your taxes each year. Find out who may qualify as our dependents. Read full article MARRIAGE Should You and Your Spouse File Taxes Jointly or Separately? The IRS strongly encourages most couples to file joint tax returns by extending...
proprietorships don't pay taxes or file tax returns directly. Instead, you must report the income you earn or losses you incur on your own personal tax return, IRS Form 1040, which is due each year by April 15. If you earn a profit, the money is added to any other income you have...
Click here to start selling online now with Shopify If you live in the US, this step-by-step guide will help you file small business taxes well before they’re due. What are the most common small business taxes? Your business type determines which taxes you need to pay. Sole proprietors...
So, it’s your first year of working a side gig. What does that mean when it comes time to file your own taxes? No matter how much you earn, you must report that income as a self-employed individual. And if you also have a full-time job on top of your side gig, both forms of...