The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

With the prevalence of side gigs and freelance work in today’s economy, many people are small-business owners without even realizing it. Working as a freelancer or independent contractor essentially ...

Filing the right tax forms does not prevent you from overpaying in taxes. The April 15 tax deadline has now come and gone, and most small business owners have no plans to think about taxes again until ...

Limited Liability Companies give business owners a unique blend of liability protection and some real tax flexibility. The main tax perk of an LLC is pass-through taxation, which lets profits flow ...

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your ...