Small Business Tax Center
BY Mark J. Kohler
Before you think of incorporating your startup in a "tax haven" state, here is what young entrepreneurs need to know.
May 7, 2013 in Tax Center
Why Internet Sales Tax is Bad Public Policy (Opinion)
April 30, 2013 in Tax Center by Scott Shane
The Marketplace Fairness Act, expected to pass in the Senate on May 6, requires online retailers to charge shoppers their state's sales tax. Is the law a poor political move?
How to Buy More Time on Your Taxes With an Extension
April 12, 2013 in Tax Center by Mark J. Kohler
Don't feel pressured to file by April 15. If you're scrambling to get your taxes done this weekend, you might be better off filing for an extension. Here's how to do it the right way.
Simple Strategies for Last-Minute Tax Filers
April 8, 2013 in Tax Center by Eric Matthews
You have one week left to get your taxes done, but that doesn't mean you have to scramble. Here are some simple strategies to make the process go smoothly.
5 Questions to Ask Before Filing Your Taxes
April 4, 2013 in Tax Center by Mark J. Kohler
Don't file your taxes just yet. You could save yourself more money by answering these five simple questions.
6 Fundamental Tax Tips for Entrepreneurs
April 2, 2013 in Tax Center by J.D. Roth
Follow these simple rules to maximize your money--while staying on the IRS's good side.
Tax Dilemmas Add to Burden of Healthcare Reform for Entrepreneurs
April 1, 2013 in Tax Center by Arlene Weintraub
With tax deadlines fast approaching, here's an important look forward at the tax implications of Obamacare on your business.Frequently Asked Questions
Tax IDs
- How do I get a tax ID number?
- How long does the tax ID process take, and is there a quicker way to get one?
- What do I do if the IRS issues more than one ID number for my business?
- The IRS says I have to apply for a new tax ID, but all my records are under my current tax ID. What should I do?
- Do I have to file a tax return for a business with a tax ID that never got started?
IRS Forms 1099 and W-2
- Do I issue 1099s or W-2s to employees who are family members?
- What do I do about an undeliverable W-2?
- Do I have to send my attorney and accountant 1099 forms?
- Do I have to send a subcontracted LLC a 1099 form?
- Should I send a consultant a W-2 or a 1099 if I was her only client?
- If most of the individual sales I generate for my service business are $600 or less, do I have to pay taxes on them?
More Articles
Are You Leaving Money on the Table? 5 Often Overlooked Tax Deductions
March 26, 2013 in Tax Center by Amrik Randhawa
At tax time, novice entrepreneurs will quickly find out just how complex the U.S. tax system is. But don't let that stop you from taking advantage of a few key tax deductions.
Tax-Time Crunch: 3 Deduction-Tips To Help Boost Your Bottom Line
March 20, 2013 in Tax Center by Catherine Clifford
April 15th is right around the corner. Here's how to minimize what you owe to Uncle Sam.
7 Tips for Keeping Receipts Organized for Tax Time
February 22, 2013 in Tax Center by Mark J. Kohler
Your accountant will love you if you follow these record-keeping basics. And auditors will have less cause for concern.
How to Keep Your Zen During Tax Season
February 20, 2013 in Tax Center by Catherine Clifford
Here are five recommendations for keeping things copacetic this tax season.
How the IRS Classifies Independent Contractors
February 18, 2013 in Tax Center by Entrepreneur Staff
The Internal Revenue Service scrutinizes the use of contractors carefully, so don't let worker-classification rules trip you up or you could wind up extra taxes, penalties and interest. Here's how to avoid tax problems with 1099 workers.
Jesse Jackson: Turn Big-Company Tax Dodging into Small-Business Funding (Opinion)
February 8, 2013 in Tax Center by Scott Shane
The liberal activist recently proposed using multinationals' overseas cash to fund U.S. small businesses.
It's the Uncertainty, Stupid (Opinion)
January 14, 2013 in Tax Center by Scott Shane
Washington policy makers would like nothing more than for small business to boost hiring and investment. The best thing they could do is come to some agreement on the deficit and enact rules about all the laws they've passed.
10 Questions to Ask Before Hiring a Tax Accountant
January 14, 2013 in Tax Center by Jane Porter
While you may think of accountants as numbers people, a good accountant does more than just crunch the numbers. Here's what to ask to find the best one.
Tips for Writeoffs, Obamacare and Keeping the Tax Man at Bay
January 9, 2013 in Tax Center by Mark J. Kohler
Tax accountant Mark Kohler offers need-to-know advice to business owners.
The Fiscal Cliff Deal and Small-Business Job Creation
January 8, 2013 in Tax Center by Scott Shane
While the political compromise in Washington might have been an overall plus for the U.S. economy, the measures are likely to damp small-business employment.
What You Need to Know About the Fiscal Cliff Deal and Saving Taxes in 2013
January 4, 2013 in Tax Center by Mark J. Kohler
Here's what entrepreneurs need to know about the American Taxpayer Relief Act.
What Entrepreneurs Need to Know About What's Ahead in 2013 for the U.S. Economy
January 1, 2013 in Tax Center by Scott Shane
Given the business outlook for the coming year, it's hard to find any winners and the list of losers is long.
Fiscal Cliff Worries? Starting a New Business Could Be Your Best Tax Option
December 19, 2012 in Tax Center by Mark J. Kohler
Higher taxes are all but certain. Here are four ways starting a new business can help you offset the impact of any fiscal cliff changes.Calculators
Break Even Calculator
Break Even Analysis is an expected component of most business plans. This calculator shows how much revenue you need to cover both fixed and variable costs.
Cash Flow Calculator
This calculator shows you how B2B sales, carrying inventory and rapid growth can affect your business's money.View all calculators »
Forms and Resources
Financial Record Storage Chart
Use this checklist to ensure that you're saving the right financial records for tax purposes and keeping them for an appropriate amount of time.
Federal Tax Forms
Download the most common tax forms needed by businesses and individuals.
State Tax Forms
Your resource for finding the state tax forms you need to fill out
Glossary of Tax Terms
Get in the know with our alphabetical list of tax terms for your business.Entrepreneur Bookstore
What Your CPA Isn't Telling You
Life-Changing Tax StrategiesMore Info »


