Laura Jackson is a legal writer and an active member of the Georgia Bar Association with experience in federal affairs, state government, appellate advocacy and regulatory matters. Katie Gray is a ...

All money earned, whether as a wage, salary, cash gift from an employer, business income, tips, gambling income, bonuses, or unemployment compensation, constitutes income for federal tax purposes.

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such as an S corporation (S corp), limited liability company (LLC) or partnership. “The way you form your business drives your taxes and influences the way you’re taxed,” said enrolled agent ...

She has spent the last five years working on small business content to help entrepreneurs start and grow their businesses. She’s well-versed in the intricacies of LLC formation, business taxe ...

When taxes are due, choosing good tax software can ... When we asked him how to report business income from a 1099-NEC, he answered our questions within minutes and provided step-by-step guidance ...

Correction: A small business owner’s taxes in 2026 would be a 115% increase, not 180% increase, as previously stated in the 11th paragraph Small-business owners face a tough choice this election ...

With the Relay Business Checking account, your LLC has access to unlimited fee-free transactions and you don’t have to worry about paying monthly service fees or overdraft fees. There is no ...

This is especially true for businesses with a more formal structure, such as a limited liability company (LLC). Business credit cards are useful in these situations because they can help you ...

slowing economic growth and reducing competitiveness," said the conservative Tax Foundation. A Penn Wharton School of Business analysis of Harris' overall economic plan predicted a GDP decrease of ...