Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...

The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.