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Articles, tagged with "schedule c", page 1
Taxes
Any single-member LLC can also choose to be taxed like a corporation by filing Form 8832. If you haven't filed Form 8832 and told the IRS you want to be taxed like a corporation, then by default you are considered a sole proprietor for tax purposes and sh...
Author: Trevor Beach
Economic Growth and Income Tax Rates
12th April 2011Any single-member LLC can also choose to be taxed like a corporation by filing Form 8832. If you haven't filed Form 8832 and told the IRS you want to be taxed like a corporation, then by default you are considered a sole proprietor for tax purposes and sh...
Author: Trevor Beach
Taxes
Your business activity must be included on a federal tax return. Which return and when it's due will depend on your choice of entity selection. If you are a sole proprietor or a single member LLC, put it on schedule C of your individual tax return (form 1...
Author: Abraham Williams
Real Estate Excise Tax or Transfer Tax Considerations
03rd February 2011Your business activity must be included on a federal tax return. Which return and when it's due will depend on your choice of entity selection. If you are a sole proprietor or a single member LLC, put it on schedule C of your individual tax return (form 1...
Author: Abraham Williams
Taxes
For the companies worldwide, tax return season is a hectic one. It is in this hurry that important tax details are overlooked while aiming for the profit curve for their businesses. Often, time is a casualty here, because the timely payment of the taxes...
Author: Carter Carroll
The best tax filing
06th January 2011For the companies worldwide, tax return season is a hectic one. It is in this hurry that important tax details are overlooked while aiming for the profit curve for their businesses. Often, time is a casualty here, because the timely payment of the taxes...
Author: Carter Carroll
Taxes
Over the last year, the United States government has taken a great interest in undisclosed foreign bank accounts. Individual taxpayers who file U.S tax returns, and who have any offshore or foreign accounts must report income from these offshore accounts...
Author: Kevin2
Frequently Asked Questions for Taxpayers with Undisclosed Foreign Bank Accounts
18th March 2010Over the last year, the United States government has taken a great interest in undisclosed foreign bank accounts. Individual taxpayers who file U.S tax returns, and who have any offshore or foreign accounts must report income from these offshore accounts...
Author: Kevin2
Business Law
When setting up a new business, arm yourself with all the facts before deciding what form of entity to choose. Because, whichever entity you choose for your business will have financial, legal and tax implications. Business owners often narrow their ...
Author: Lacy Katzen
Your Business Decision: S-Corp vs LLC?
17th March 2010When setting up a new business, arm yourself with all the facts before deciding what form of entity to choose. Because, whichever entity you choose for your business will have financial, legal and tax implications. Business owners often narrow their ...
Author: Lacy Katzen
Taxes
Each one of us may dread what April 15 is all about. After all, nobody really cheerfully files his or her taxes what with all the complicated forms and computations that you have to make. However, there are some ways by which you can ensure that your tax ...
Author: harry slay
Tax Tips That You Should Know
29th December 2009Each one of us may dread what April 15 is all about. After all, nobody really cheerfully files his or her taxes what with all the complicated forms and computations that you have to make. However, there are some ways by which you can ensure that your tax ...
Author: harry slay
Taxes
The degree of control that small business owners and the self-employed have over the timing is much greater than that of employees, and also depends on the structure of their businesses. For example, if a person is small business owner, and thus self-empl...
Author: kinal
Alternative Minimum Tax Planning - Importance of Controlling Your Income Small Business Owners & the
18th June 2009The degree of control that small business owners and the self-employed have over the timing is much greater than that of employees, and also depends on the structure of their businesses. For example, if a person is small business owner, and thus self-empl...
Author: kinal
Taxes
It is easy to see why a self-employed individual would see the self-employment (SE) tax as unfair. While in an organization, that same employee would have to pay taxes amounting to roughly 7.65 percent. However, as a self-employed individual, those same f...
Author: Ron Finkelstein
3 Tips to Reduce Self-Employment Tax
27th March 2009It is easy to see why a self-employed individual would see the self-employment (SE) tax as unfair. While in an organization, that same employee would have to pay taxes amounting to roughly 7.65 percent. However, as a self-employed individual, those same f...
Author: Ron Finkelstein