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If you run a business, you can expect to pay a variety of different taxes. The form of business you operate, however, will determine which taxes you’ll owe and how
Are you thinking about joining the trucking industry as an owner-operator? Being your own boss and setting your own hours may sound enticing, but the life of a long-hauler isn’t
Independent contractors, freelancers, gig workers, and others who are self-employed typically use 1099-MISC to record their earned income when preparing their tax returns. Although working for yourself is very rewarding,
Owning a business can be very rewarding. It gives you the freedom to determine where and when you want to work, as well as the type of work you want
Small business owners were especially hit hard during the COVID-19 outbreak. Even in areas where restrictions have loosened up, many are still struggling to survive. A recent report from the
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allowed those who are self-employed, as well as household employers, to defer the payment of certain Social Security taxes on their
This year has been a challenge for most small businesses due to the COVID-19 pandemic. Although the Paycheck Protection Program (PPP) and the Coronavirus Aid, Relief, and Economic Security (CARES)