Paying Your Business Taxes

How to Collect and Report Sales Tax for Your Small Business

If you sell goods or some services you probably need to collect sales tax, and the rules for each state differ.

50-State Guide to Business Income Tax

Information on small business income tax in every state.

What is Franchise Tax?

Despite its name, a "franchise tax" is not a tax on McDonalds or other franchises.

State Taxes on Recreational Marijuana

All states that have established a legal market for recreational marijuana impose hefty special taxes on its sale.

When Do You Need to File Form 1099-MISC?

The Form 1099 is one of the IRS's main weapons in fighting under-reporting by the self-employed. Find out your obligations to file one as an employer.

Severance Pay Is Subject to FICA Taxes

Severance payments are wages and are subject to regular FICA taxes.

Five Things Business Owners Can Do at Year-End to Lower Their Taxes

Don't miss out on these valuable tax-saving opportunities.

Independent Contractors Must Pay Self-Employment Taxes

If you have a second job as an independent contractor, you'll have to pay self-employment taxes on the income you receive.

State Income Tax Withholding Requirements for Small Businesses

Here are the basic rules on state income tax withholding for employees.