Tax season doesn’t have to drain your business bank account. While most business owners know about tax deductions, many overlook the more powerful option: tax credits. We’re talking about direct, ...

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

If anything, remember you’ll make tax payments more frequently than you file tax returns. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

If you’re a business owner or have other types of taxable income, you may need to make quarterly estimated payments in order ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Filing small business taxes for the first time (or any time, really) can feel daunting, but it doesn't have to totally ruin your month. While the Internal Revenue Service, or IRS, is going to want to ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

Small business owners face a range of financial challenges now, including inflation, higher operating costs, and potentially slowing consumer demand. These economic headwinds often force entrepreneurs ...