A great number of are drawn to the thought of running a business online through the opinion that whatever revenue attained on the web might be exempt from taxation. This however is a widespread disbelief due to the fact those who own internet businesses are still required to pay their taxes. Actually there's been a lot of controversy pertaining to internet businesses and taxation leaving many of the entrepreneurs who begun their online businesses with this particular false notion wishing they … [Read more...] about Will My Online Earnings Be Taxed?
self employment tax
As a self-employed individual/business owner, you are allowed a laundry list of business tax deductions. These are expenses that are necessary and relevant to your business tax filing. Every tax season business owners (small and large) neglect to maximize their chances of a sizable tax return because they overlook qualified deductions that they could have taken. Remember: "Uncle Sam" is not out to just give money away. But if you claim tax deductions fairly and legitimately, then there … [Read more...] about List of Business Tax Deductions