How Business Types are Taxed

Tax Due Date for 2011 taxes is April 17, 2012. Business taxes filed on Schedule C are due on this date, as part of the owner's personal 1040 tax return. Two other tax payments are also due on April 17: First installment of estimated income taxes for 2012, and the monthly payroll tax deposit for the first quarter 2012.

This article shows a comparison of the three top business tax software providers - TurboTax, TaxAct, and H&R Block At Home, including e-filing and state business taxes.

This article details the specific business income tax form to be completed by each type of business.

Sole proprietors and single-member LLC owners file their business tax returns on Schedule C. The net income from this form is included with other income on the individual's Form 1040 - personal tax return.

Double Taxation

How is a sole proprietorship taxed? What about a corporation? An LLC? This article will give you the information you need to prepare taxes for each legal form of business.

How to file an entity election for an LLC on Form 8832.

How an S Corporation files income tax.

How a corporation pays income tax.

Describes how a single-member limited liability company or multiple-member limited liability pays income tax.

When you are considering what type of business to select, consider how each business type pays income taxes. This article compares the types of businesses and explains how each type pays its income taxes.

How a partnership pays income tax.

How a sole proprietorship pays income tax

Lists all the taxes an s corporation pays including income taxes, employment (payroll) taxes, sales and excise taxes, and property taxes.

Lists all the taxes a corporation pays including income taxes, employment (payroll) taxes, sales and excise taxes, and property taxes.

Lists all the taxes a limited liability companypays including income taxes, self-employment taxes and employment (payroll) taxes, sales and excise taxes, and property taxes.

Lists all the taxes a partnership pays including income taxes, self-employment taxes and employment (payroll) taxes

Lists all the taxes a sole proprietorship pays including income taxes, self-employment taxes and employment (payroll) taxes

How an LLC pays state taxes; which states tax LLCs.

A limited liability company (LLC) is not a federal taxing entity, but an LLC must still pay taxes on its net income. Learn about how a single-member or multiple-member LLC pays income tax, how states tax LLCs, and how an LLC can elect to be taxed as a corporation.

A limited liability is taxed as either a partnership (if it has multiple members) or a sole proprietorship (if it has one member). But an LLC can elect to be taxed as a corporation. Read this discussion of the advantages and disadvantages of having your LLC taxed as a corporation.

A limited liability is taxed as either a partnership (if it has multiple members) or a sole proprietorship (if it has one member). But an LLC can elect to be taxed as a corporation. Read this discussion of the advantages and disadvantages of having your LLC taxed as a corporation.

An LLC has some advantages, from a tax standpoint, but it also has some disadvantages. This article describes both the advantages and disadvantages of an LLC so you can get more information on which to base a decision. The taxes for an LLC are compared to the taxes paid by a corporation or by the owners of a corporation.

You must file a separate Schedule C for each sole proprietorship or single-member LLC owned by you, and by your spouse, if you file jointly.

How social security and medicare work for a husband-wife business filing as a qualified joint venture.

Getting ready for filing business taxes? This list of tax filing documents for business types will help you prepare to work on your business taxes or to take your business taxes to a CPA or other tax preparer.

How a corporation and s corporation pay income tax. A corporation pays income taxes using Form 1120, while an S corporation uses Form 1120S.

Find out what you need to prepare to complete Form 1120-S. This article is a general outline of the information required on Form 1120-S - U.S. Income Tax Return for an S Corporation, including schedules.

How to file a tax extension for your business or personal taxes. Learn when to file, which form to use, how to pay the tax, when the tax extension is due, and more.

Some commonly asked business tax extension questions, including questions about filing for businesses with no income, why you can't file a second extension, how the IRS approves or rejects tax extensions, and filing an extension in your state.

Information about the form to use for different business and personal income tax returns.

Information about the length of time for an automatic tax extension on federal income taxes.

Garage sales must pay taxes too: sales taxes, income taxes. Garage sales and yard sales must also comply with local regulations for business licenses and permits.

Owners of booths in farmers markets and flea markets must pay taxes too: sales taxes, income taxes, self-employment taxes, employment taxes, at a minimum.