The Incfile Blog
One of the best reasons to incorporate your business as a limited liability company (LLC) is to be able to take advantage of the possible tax benefits. Forming an LLC is an important step to make...
Millions of Americans have a side hustle in addition to their full-time work. Whether it involves a hobby or dabbling in what may become a full-blown business, side hustles are a great way to earn...
What business expenses can you write off for your small business?
Tax season can be a demanding time for everyone. As a small business owner, pulling together all the necessary tax documents, reports and receipts on time can be a very stressful task. Sometimes,...
Whether you're already based in Texas and are planning to start a business or are considering moving your business to the Lone Star State, getting your Texas sales tax permit will likely be a...
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Small businesses often run on tight margins. You’ll need to pay self-employment, plus federal and state taxes on any profit you make. If you own a limited liability company (LLC), there are several...
"They can't collect legal taxes from illegal money." These rather boastful words are those of the notorious Chicago gangster, Al Capone — before the IRS caught up with him in 1931 and he was...
Online business tax calculators are a great starting point for understanding how much tax you’ll need to pay. You have some good options for the best tax calculators to use.
Knowing when to form a business and which type of legal business entity to create — such as a sole proprietorship, partnership or disregarded entity LLC — can be a complex decision. Not only is it...
If you're an influencer, you're in a relatively new industry with limited regulation, and you might be wondering: How do influencers pay taxes? You're not alone. Influencers definitely have a tax...
