On March 3, 2021, the Small Business Administration (SBA), in conjunction with the U.S. Department of the Treasury, adopted an interim final rule (IFR) that: (1) allows individuals who file an IRS ...

NEW YORK (Reuters) - While this year's taxapalooza is off to a slow start because of the earlier U.S. government shutdown, one thing already is clear: your refund might be a whole lot smaller than you ...

Understanding which IRS tax forms your small business must file and when helps you avoid penalties and stay financially organized. Federal forms differ for sole proprietors, limited liability ...

If you are a sole proprietor, you report your business profit or loss on Internal Revenue Service Schedule C of Form 1040, Profit or Loss From Business. If you sell merchandise or manufacture a ...

Form 1040, U.S. Individual Income Tax Return, is one of the most important documents that CPAs who do tax work will encounter. In addition to providing a view of the current tax situation, the form ...