LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the previous year.

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

While all freelancers are technically business owners, not everyone considers them such. In some instances, freelancers who ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to ...

Business growth. Incorporating an LLC can help the business maintain ... entity and must file an informational partnership tax return on Form 1065 unless it did not receive any income during ...