Choosing between an EIN and your SSN affects privacy, tax filing, and your ability to hire or open business...
A convertible note is short-term debt that converts into equity at a later financing round, letting startups...
Federal filing rules determine how a new single-member LLC reports income, pays employment tax, and elects...
Tax basis rules determine how a partner’s outside basis changes after cash or property distributions...
A concise checklist of the federal tax forms most first-time small business owners need to file. Knowing...
Changing your business entity can alter how income is reported, who pays tax, and whether the business...
Choosing the correct tax return form determines how your business reports income, claims deductions,...
Knowing which tax forms apply in your first year helps avoid penalties and capture deductions. Requirements...
State franchise taxes are state fees for the right to do business in a state; income taxes are levied...
Filing your first small-business return means reporting business income, expenses, and taxes to the IRS....