According to the IRS, self-employed individuals can fall into any of the following categories: Sole proprietor or independent contractor. Member of a partnership that practices a trade or runs a ...

Keeping a tight grip on finances is critical for the success of small businesses and freelancers. The best small business ...

A new standard deduction for small businesses that would supplement the existing standard deduction available to all tax ...

Here’s our expert take on what the best small business accounting software looks like. What Is the Best Accounting Software? The best small business accounting software is Intuit QuickBooks Online.

When it comes time to file your taxes you don't have to fill out a separate business tax return; you simply report your business' gains and losses on a Schedule C and attach it to your Form 1040 ...

Starting your own business as a sole proprietor? That’s exciting. It’s also a little bit scary when you think about it. But don’t let the worry consume you. This guide […] ...

Visit americanexpress.com to learn more. As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to ...

We weigh below the pros and cons of sole proprietorships so you can make the best decision for your business ... number when you fill out tax forms like the W-9. Using an EIN offers an extra ...

Small businesses don't always have the resources to pay for a financial professional. These accounting tools can help them ...

Two of the most common forms of business for individual ... businesses that function as sole proprietorships include freelance writing, tutor services and accounting businesses.

Choosing the right legal structure for your business can make the difference between success or failure. Explore the pros and ...

Being a sole trader means that you run your own business as an individual and are essentially self-employed. This is the most popular way of trading in the UK, with 4.24m sole proprietorships ...