Small Business Taxes

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Small Business Taxes

Question: can I file my small Business Taxes with my personal taxes?

I own a small in home daycare and I was wondering if I should file my small Business Taxes with me and my husbands personal taxes?




Answer: If you didn't incorporate than yes it has to be filed with your personal return. A home daycare has some special rules so you should consider seeing a tax preparer since you probably don't have enough tax knowledge to get through it the first time on your own. You will have to include with your return Schedule C Profit or Loss from Business, Schedule SE Self Employment Tax, Form 8829 Business Use of your Home and the numbers carry to the other forms - the 8829 carries to the C, the C carries to the 1040, the SE carries to the 1040 -if you have no idea what I'm saying then it's time to make an appt. with a tax preparer.

Ohio's ranking in small business study a 'gold star'

On Ohio's resumè in pursuing economic development, the results of the recent 2009 Small Business & Entrepreneurship Council's Small Business Survival Index would be placed in the section labeled "Special Honors."

Small Business Owners Benefit Most from Tax Planning


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