Many people who launch small businesses start out as sole proprietors. Here are nine tax rules and considerations involved in operating as that entity.
Nine Tax Rules for Sole Proprietors
Tag: Schedule C
Biden’s Tax Proposals may Cause Increase in Audits
Biden’s tax proposals include an additional $80 billion in funding for the IRS. Some experts believe that audits of some small businesses will also increase.
Top IRS Audit Triggers
The IRS has said it will increase audits of small businesses by 50%. So, what audit triggers can your business look at to help avoid being targeted?