Small Business
Keeping Business and Personal Money Apart, and Why
Mixing business and personal money costs you at tax time, in an audit, and in court. Here is how to…
The Qualified Business Income Deduction, Explained
The QBI deduction lets many self-employed people and small business owners deduct up to 20 percent of business income. Here…
Business Licenses: How to Find What Your State Requires
There is no single business license in the U.S. Here is how to find the federal, state, and local permits…
Self-Employment Tax: How the 15.3 Percent Is Figured
Self-employment tax is 15.3 percent, but it is not figured on every dollar. Here is the Schedule SE math, the…
Sole Proprietor, LLC or S-Corp: The Plain Differences
Sole proprietorship, LLC, and S-corp compared in plain English: how each is taxed, what paperwork it takes, and when the…