Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that I’ve seen commonly trigger an audit and discuss how to avoid these red flags.

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Update (Nov. 8, 2024): The IRS has officially introduced its new form ...

Tax day isn’t until April but maybe some of you out there are already looking to get ready to file your taxes sooner than ...

Understanding these rules early can reduce uncertainty and keep entrepreneurs focused on growing the business.