Many small business owners hire a professional accountant for their taxes, but I do my S-Corp taxes online myself.
TaxAct is the biggest major tax-prep software company to offer a completely online option to complete my business form 1120S.
The biggest competitors, like TurboTax and H&R Block, only offer the ability to complete an 1120S if you have a Windows computer, leaving Mac users like me out of luck.
Using TaxAct on Tax Day 2020 could be a smart move if you’re a small business owner »
If you make money through a side hustle or run your own full-time business in the US, you have to report and file taxes for your business.
When I moved to California in 2016 and took my online business full-time, I created an S-Corporation, a business entity that gives me some big legal protections and tax benefits over running as a sole proprietor or a standard LLC.See the rest of the story at Business Insider
To discover more visit: feedproxy.google.com