Do I need to Incorporate My Small Business?

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I think one of the biggest reasons to not incorporate a business is simplicity. It’s simpler to be a sole proprietor. A sole proprietorship has the least amount of paperwork and administration. Anyone can start a business as a sole proprietor at any time. Nothing must be filed with the government or the IRS. Bookkeeping
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What tax forms do I need for my LLC ?

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The tax forms required for your LLC depend on how your LLC is classified. IRS Publication 3402 defines an LLC as : “a business entity organized in the United States under state law. An LLC may be classified for federal income tax purposes as a partnership, corporation, or an entity disregarded as separate from its
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What tax forms do I need for my Corporation?

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Corporation Tax Forms 1120 U.S. Corporation Income Tax Return Regular Corporations pay income tax on the net income that they earn and the tax form they file is the 1120.  Corporations must file an 1120 every year whether they have a profit or not. The tax form is due on the 15th day of the
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