As an employer, you have an obligation to make timely deposits of the payroll taxes you withhold from employee paychecks and are responsible for paying to the IRS. Although no penalty exists for ...

The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers' compensation premiums are only deductible when they are ...

A tax levy is a seizure of property by the Internal Revenue Service to satisfy an unpaid tax debt. The IRS can legally seize your single-member limited liability company property to satisfy taxes ...

There is no special federal day care tax form. H&R Block says most day care providers work as independent contractors, so you file taxes the same way any self-employed business owner does.

In most cases, your tax obligation to the Canada Revenue Agency (CRA) is over and done with once you get the NR4 Form. That's not the case where the IRS is concerned, though. If you reside in the ...