Two important aspects of running a small business is accounting and filing income taxes. In fact, they come together during tax season when small business owners file their Schedule C tax form. This ...

The 1040 Schedule C tax form is a required part of life for anyone who is the sole proprietor of a business. Those who spend their lives as salaried workers may never need to think about or use the ...

Sole proprietorships are the simplest business entity — their taxes are pretty straightforward, too. Many, or all, of the products featured on this page are from our advertising partners who ...

If you are a sole proprietor, you report your business profit or loss on Internal Revenue Service Schedule C of Form 1040, Profit or Loss From Business. If you sell merchandise or manufacture a ...