I'm running a small transportation company while working a full time job and
have never filed taxes for my business. Where do I start? What information to
I need?
BizResearcher | Window Shopper |
2/13/2013 - 11:42 am
If your business is a sole proprietorship or a single person LLC, you file a
Schedule C with your personal tax return. I assume you have a separate bank
account for the business and have kept good records of expenses and income.
If not, it may take some time to compile the appropriate information. If you
have had the business for several years and have not filed a return in those
years, you would need to file an amended personal return for the years you
need to report income.
kmurray | Community Moderator | 2/13/2013 - 2:53 pm
BizResearcher | Window Shopper | 2/13/2013 - 11:42 am
Schedule C with your personal tax return. I assume you have a separate bank
account for the business and have kept good records of expenses and income.
If not, it may take some time to compile the appropriate information. If you
have had the business for several years and have not filed a return in those
years, you would need to file an amended personal return for the years you
need to report income.
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