Franchise business owner pay an initial franchise licensing fee, as well as ongoing residual fees that are due on an annual basis. Unlike your standard business...
1) Do I qualify to settle my tax debt with an offer in compromise?
You would have to file a form 433-A (OIC) with the IRS. In my experience an OIC is accepted ...
Before you can determine if you are subject to self-employment tax and income tax, you must figure your net profit or net loss from your business. You do this b...
Business formation isthe decisions that need to be made when creating the structure of your business. Choosing between different business structures, such as a ...
You must pay self-employment tax and file Schedule SE (Form 1040 or 1040-SR) if either of the following applies.
Your net earnings from self-employment (exclud...