Small Business, Farm & Startup Tax Forum

Business & farm

Employee vs Contractor: Which is correct?

As a business owner, it’s important to know how you should treat payments you make to the people who work for you. The simplest explanation is that an “employee” has taxes withheld from their paychecks and receives a W-2 at tax time - while “contract... read more

LLC, Sole Proprietor, S-Corp, Partnership: What’s the Difference?

Creating a Limited Liability Company (LLC) is a common first step when starting a business, and there are good reasons. It’s a legal entity that potentially offers liability protection, but it’s usually easier and less costly to create than a corpora... read more

Can I Deduct My Home Office?

Working from home has its pros and cons! And if you do work from home, a juicy tax break would be a great bonus. Typically, being allowed to take a deduction for your home office is limited to self-employed individuals on the federal (IRS) side, but ... read more

Easily File 1099-NEC or W-2 Forms: Quick Employer Forms (QEF)

Did you pay someone to help with your business? If so, you might need to file a W-2 form for an employee or a Form 1099-NEC for contracted help. If you have bona fide W-2 employees, you’re probably already withholding taxes and you know those W-2 for... read more

Vehicle Deductions: All You Need to Know!

Do you want to drive away with massive vehicle tax deductions? Before you race to the tax-filing finish line, there are things you need to know to ensure that tax win! While vehicle deductions can be huge, there’s a great responsibility to thoroughly... read more

Self-Employed: Don’t Miss These Tax Moves!

You don’t know what you don’t know! For example, did you know that many self-employed taxpayers qualify for a health insurance tax deduction? Or did you know that if you don’t file the proper forms for employers and contractors (on time), the IRS cou... read more

Quick Links for Self-employed & Gig Workers!

Having a business is both exciting and rewarding! But it can be confusing if you don’t know what it means for your tax returns. Whether you’re starting off and plan to conquer the world with your new business, have a side gig for a little extra cash,... read more

guaranteed payments

I have a partnership with guaranteed payments to their partners but also have a very significant loss on the partnership. They pmts are for services so they should be subject to SE tax even though there is a loss on the partnership or am I mistaken??... read more

cannot navigate from my business taxes to file my personal taxes

2025 BUSINESS DESKTOP 1120 FORM

WHY WILL MY 1120 CORPORATION RETURN NOT SHOW IN PRINT PREVIEW?I CAN SEE IT UNDER "VIEW" AND I HAVE RAN THE "CHECK FOR ERRORS" AND NO ERROR SHOW. ALL OTHER FORMS SHOW UNDER PRINT PREVIEW BUT THE 1120 DOES NOT....WHY AND HOW DO I FIX IT?

I keep losing my data after inputting it.

What is the likelihood of me using TT if I can't get help

My return is not allowing me to insert data on schedule f

Line 4a cannot be entered on schedule f

How to quickly e-file 2024 taxes.

where to purchase the 2024 turbo tax package

State LLC return e-filed but can't print, TurboTax doesn't know it's filed

I completed the federal and state (California) 2025 returns for my LLC using TurboTax for Business. I then e-filed both federal and state returns. I received acceptance emails, both the IRS and the California Franchise Tax Board have accepted the ret... read more