[Event] Ask the Experts: Self-Employed & Gig Workers

Join us on Wednesday, Mar 18th any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. Owning a business (and yes, that includes a for-profit side gig) comes with plenty of questions on what y... read more

Entity type

For a Walmart seller account, you must select an entity type that matches your IRS records, I have a single member LLC and not sure what entity type i should be using for tax purposes. My LLC sell on Amazon Seller Central but never ask for the entity... read more

Tax on Water

I started an LLC business selling private labeled bottled water to resell the water at wholesale prices. Do I need to charge my customers tax? Is there any dependency to the tax scenarios?If my customer gives the water away versus resells it? If so, ... read more

Tax Questions: W-2 + 1099 This Year, Multiple 1099s Next Year

Hello! I have a few questions about my tax situation. • My husband and I file married filing jointly. He has W-2 income. In this tax year I have part-time W-2 income plus one 1099 freelance income. Next tax year I expect to rely more on freelance wor... read more

Filing as LLC versus self employed

Hello, I have been running a part-time side business in health and wellness for several years, being paid directly by my clients, students, and by the facilities in which I teach/work (and get paid via 1099 NEC). So I am familiar with filing as a sel... read more

Sole Proprietor and 1099K deductions

I file as a sole Proprietor with my personal taxes. My 1099K (EBAY) does not include the deductions for fees, shipping etc. I do not see anywhere to take any deductions. Do I have to have an LLC to take these deductions? The standard deduction is sti... read more

Forms to submit when filing uneven quarterly est. tax payments for self-employed?

Hi, I have a question about making uneven quarterly estimated tax payments for self-employed. I am self-employed and have variable income. Rather than paying estimated taxes in equal installments, it will be easier for me to make four uneven payments... read more