CEO Corner: Five Tips to Help You Stay out of Trouble with the IRS ---Susan Wilson Solovic, CEO - SBTV.com, author of "The Girls' Guide to Building a Million Dollar Business" It's tax time again and guess what: ...

The IRS's Definition of Self-EmploymentAccording to the IRS, you're self-employed if you carry on a trade or business as a sole proprietor, an independent contractor, a member of a partnership or if you're otherwise in business for yourself. You can ...

Tom Davis, from the IRS, explains the benefits of Filing your tax return electronically. View Now

In Arizona the transaction privilege tax (TPT) is a tax on the privilege of doing business in the state. This transaction privilege tax is, in effect, a sales and use tax. The tax is measured by the amount or volume of business transacted by ...

In Mississippi the sales tax is levied on the privilege of engaging in business. The tax is measured by the gross proceeds of sales that are derived from the business or occupation. The tax is imposed on the gross proceeds of sales of tangible ...

In Texas a tax is imposed on the sale at retail of taxable items and upon the storage, use or other consumption in the state of taxable items purchased, leased or rented from any retailer for storage, use or other consumption in Texas. Sales and ...

The tax laws have historically been used to encourage certain activities that the government deems desirable, but that people might not otherwise undertake on their own because the economic rewards are perceived as insufficient. The nine credits in ...

Most people start a business because they want to accomplish something or make money for themselves (usually both). But what if you want to do this for someone or some thing other than yourself? What if you want to start a successful charitable ...

Many people can calculate their taxes using the tax tables provided by the IRS in the instructions to the 1040EZ, 1040A, or 1040. Simply take the taxable income amount from Line 43 of Form 1040, Line 27 of Form 1040A, or Line 6 of ...

Determining the level of control you have over your workers is the key to resolving the issue of whether your workers are employees, for whom you have payroll tax obligations, or independent contractors, for whom you do not. When IRS auditors ...

In most cases, whether you have an obligation to withhold and pay payroll taxes will depend on whether your workers are properly classified as being employees or independent contractors. Unfortunately, the standards used in distinguishing between ...

As a small business owner, it's important for you to be aware of what your tax payment obligations are and when they are due. You may be thinking "that stuff is impossible to keep track of!" While it can be a pain, even if you use a tax adviser or ...

Don't miss a beat on taxes Tax time is approaching for many small businesses. Make sure you're ready with this roundup of timely tips and tools. Keep good records When it comes to taxes, you no doubt want to minimize hassles and maximize deductions. ...

Internal Revenue Service Resources Internal Revenue Service Access to IRS Tax Help and Tax Products All of the options in one place of how to acquire tax help and products from the IRS. Business and Specialty Tax Line ...

When you sell your business you're likely to face a significant tax bill. In fact, if you're not careful, you can wind up with less than half of the purchase price in your pocket, after all taxes are paid! However, with skillful ...

Consult with legal and accounting professionals for specific advice in these areas. Taxes One of the biggest challenges of any business is paying taxes. Not only are taxes due, there are penalties for missed payments, or ...

Copyright © 1999-2006 Edward Lowe Foundation. www.edwardlowe.org All rights reserved. How To Determine The Legal Structure Of Your Business Should your business be a proprietorship, partnership, limited ...

Taxes and Accounting While it may not be the most exciting part of your business, keeping proper records and financial statements is clearly one of the most important things a business owner can do. At some point, you may need ...

If your business is organized as a corporation, you have a choice: you can either sell the stock in the corporation to the buyer, or you can have the corporation sell its assets to the buyer, leaving the corporate "shell" in your ...

10 Critical Tax Time ConsiderationsIs your business ready for tax season? While you may only have to file income taxes once a year, it's something you should be thinking about year round. Many business decisions you make will have tax implications ...

Why not e-file your tax return? You'll likely save time and money — and get any refund due you back quicker. By Scott Cronk Provided by Today, most people are finding they can prepare and file their own tax returns in minutes, ...

Not-too-late deductions Even though the curtain has come down on 2004, you can still take advantage of a few opportunities to reduce last year's tax bill. By David Meier Provided by ...

Taxes, Schmaxes     --by Aliza Pilar Sherman Aliza Pilar Sherman is a Web pioneer, marketing and business expert ...

The key word is 'deduct' when it comes to your taxes Q: I hate to say that it's that time of year again, but it's that time of year again. Might you have any good tax tips for us?   -- Jason H., Chicago. A: ...

Good records are key to an IRS audit Q: Help! I was notified by the IRS that my small business (a sole proprietorship) is going to be the subject of an audit. I don't think I did anything wrong, but I'm not sure. What should I ...