If your business is an activity that many people enjoy as a hobby and isn't consistently profitable, there can be a fine line between "hobby" and "business."
The moment you dreaded is here: The IRS is going to audit your home-based business. Will the IRS disallow your home-office deduction? Read before you panic. Read more
Do you have a C Corporation, S Corporation or Partnership? This template can help you organize to make tax time easier for you or your tax preparer. Read more
36 percent of self-employed workers do not pay taxes. Why? How can these entrepreneurs avoid being audited?
What’s the difference between an S Corporation and a C Corporation? Read this blog to learn whether an S Corp or C Corp is the best fit for your small business.
Every retailer selling goods over state lines should understand modern interpretations of nexus and what it means for their business.
FEINs are issued by the IRS. Understanding exactly what an FEIN is, why you need one, and how to acquire one should help relieve any anxieties you may have. Read more
The goals of 501(c)(3) public charities often intersect with the desire to influence legislation (also known as lobbying). Learn how charities can lobby legally.
The IRS lets you deduct some of the costs of using a personal vehicle for business purposes. But make sure you’re following the rules.