Running a small business? Learn how to operate and grow a business with information from accounting and bookkeeping to how to obtain small business financing, get ideas for …

According to the IRS, you report your business income on Schedule C, subtract your expenses and end up with a net profit or loss. You write the result on Schedule 1 and then subtract it …

However, there are restrictions and procedures to follow in forming an S corporation. According to the IRS, in order to become an S-corp, the corporation must submit Form 2553 (Election by a …

List of Tasks for Running a Small Business. Take a look at an average punch-list for small businesses and you'll see a combination of income-producing and non-income producing …

What Is a Reasonable Cause of Late S Corp Filing?. An S corporation is an Internal Revenue Service designation that allows corporations that meet specific criteria to pay taxes solely at …

5 Resources You Need to Succeed to Start a Business. Starting a business can seem like a daunting task. In fact, it is. Of the many businesses that open each year, many fail to last as …

Like the IRA, investments grow tax-deferred and contributions are tax deductible. Depending on whether you have incorporated your business, you can contribute to the plan and claim a …

According to the SBA, some manufacturing companies can have up to 1,500 employees and still be determined to be small businesses. In mining, large businesses are those that have 500 or …

Top Reasons Businesses Close Down. By the fifth year in business, about half of all small businesses fail, according to the U.S. Small Business Administration. Common reasons cited …

If you qualify as a mid-size firm, your company is in good company. The National Center for the Middle Market calculates that mid-size companies account for about one-third of private-sector …