Get fast, knowledgeable answers to your tax questions from the CPAs at NASE TaxTalk, your online resource for tax advice. Get
information about incorporation, home office deductions, new tax laws and more from Certified Public Accountants (CPAs) who
focus on assisting the self-employed and small-business owners.
Taxes! Most Americans cringe at the thought of paying taxes. Worse, is
the high demand the Internal Revenue Code places on citizens to prepare
their tax returns and calculate the correct tax. Understanding the tax code
has been likened to the dream of trying to escape danger and being unable
to move your feet. Accordingly most taxpayers have a fairly high level of
frustration when in comes to tax matters in general and the Internal
Revenue Service in specific.
There is a very special group of taxpayers: the self-employed small business
owner. The tax return of the self-employed contains schedules and forms
not required by other working Americans and in many respects is more complicated
and expensive to prepare. Further, the small business owner typically does
not have the financial resources to retain tax accountants for detailed
transaction review, planning and return preparation.
This information resource is intended to bridge that gap for the self-employed
individual. It is not intended to replace the role of the tax professional
in your business matters. As always, it is recommended that you consult
with your own business professionals for your specific facts and circumstances.
NASE TaxTalk provides you with the following online tools to help cope with your tax headaches:
TaxTalk Resource Library
Get information about typical tax issues faced by the self-employed: