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

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 ...

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

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 ...

The Revised Corporation Code of 2019 provided for the formation of One Person Corporations or OPCs, which makes it easier for entrepreneurs to limit their personal liability when running a business.

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 […] ...

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

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

Despite the remarkable value, many self-employed people are missing out on the "Credits for Sick and Family Leave." ...

A tax write-off or deduction are used by small businesses and large corporations alike. Deductions lower the the amount of income that is taxable.

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 ...