Posts by Jackie Lam
Can an LLC Issue Multiple K-1s?
Learn when an LLC should issue more than one K-1 tax form, along with some common mistakes made by business owners.
What Is the W-8BEN Form and How Can I Use It When Working with Businesses Outside the U.S.?
Here’s what small businesses need to know about the W-8BEN form and how it affects withholding taxes to foreign persons and businesses.
Climate Index Analysis: Best and Worst States for Small Business Taxes
Wondering which state is the best for small business taxes? The Tax Foundation’s State Business Tax Climate Index is a good place to start your analysis. Learn more.
How to Hire a CPA for Your Small Business
If you’re ready for next-level financial planning and strategy for your small business, you’ll want to hire your own CPA. Here’s how to do it right.
Freelance Taxes: How Much to Budget When You’re Self-Employed
Wondering how much self-employed folks should budget for freelance taxes? Here’s how to figure out what you’ll owe for estimate self-employed taxes.
Small Business: Tax Responsibilities You Should Be Aware of for Your LLC — and How Incfile Can Help
As an entrepreneur, small business taxes should be at the top of your financial priorities. Here are tax responsibilities for LLCs that you should know of.
Renting Out Your Home? Here Are Some Tax Rules
Renting out your home for part of the year can be a solid way to earn passive income during the summer months or for the busy tourist season. But before you do so, you’ll want to be aware of the tax rules, lest you get blindsided and end up paying more taxes than anticipated. Here […]
Business Tax Basics: What Every Business Owner Wish They Knew About LLC Taxes
Thinking about forming your small business as an LLC? If so, you’re probably curious about how doing so would affect your tax situation. And rightly so. While forming an LLC is a big, important step in protecting your personal assets when owning a business, it also adds extra considerations — and complications — on the […]
How to Manage Your Taxes as a Freelance Software Developer
If you don’t stay on top of your taxes all year, it will cost you down the line. Here’s how to manage taxes as a freelance software developer.
Tips to Balancing Your Personal vs. Business Finances
For solopreneurs or owners of microbusinesses — small businesses with nine or fewer employees — it can be difficult to manage both your personal and business finances. You might find it easier to mix them together, or some months you might find it difficult to remember which expenses were specifically for your business. And while […]
