A sole trader is the simplest form of business in the United States. Whenever a single proprietor engages in business activities without a formal organization and keeps the profits for himself, he is ...

The IRS hasn’t created specialized tax forms for individual trading businesses. Traders enter gains and losses, portfolio income, business expenses and investment expenses on various forms. It’s often ...

Embarking on a new business venture is both thrilling and daunting. Of course, congratulations are in order—starting your own company can be incredibly rewarding. But as you step into the ...

Many or all of the products and brands we promote and feature including our ‘Partner Spotlights’ are from our partners who compensate us. However, this does not influence our editorial opinion found ...

Starting a business is an exciting and full of self-discovery adventure. That being said, one question we often get here at Real Business is which business structure of these two is more tax efficient ...