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2. Sole proprietorship - Wikipedia

   en.wikipedia.org/wiki/Sole_proprietorship

   They are responsible for maintaining the business's records and submitting an annual tax return for all income from self-employment and other work. [21] If revenue is expected to be more than £85,000 a year, they must also register for Value Added Tax. A sole trader can employ staff, but is personally responsible for any losses the business takes.

3. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income ...

4. 11 Steps to Make Sure Your Tax Return Is Accepted by the IRS

   www.aol.com/11-steps-sure-tax-return-170949017.html

   Use electronic filing: Filing your tax return online using either tax software or IRS Free File can help find deductions and tax credits you’re eligible for much more easily than filing by mail.

5. Best tax software for your 2024 returns: 5 simple ways to ...

   www.aol.com/finance/best-tax-software-110528837.html

   💰 Costs • DIY federal tax return: $0 • Assisted federal tax return: $8 to $50 What FreeTaxUSA offers. FreeTaxUSA is a part of the Free File program run by the Internal Revenue Service. It ...

6. Self-employment - Wikipedia

   en.wikipedia.org/wiki/Self-employment

   Self-employment provides work primarily for the founder of the business. The term entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to grow big or become registered, but the term startup refers to new businesses that intend to provide work and income for more than the founders and intend to have employees and grow large.

7. IRS e-file - Wikipedia

   en.wikipedia.org/wiki/IRS_e-file

   Tax preparation software with e-filing capabilities includes stand-alone programs or websites. Tax professionals use tax preparation software from major software vendors for commercial use. Of the 139.3 million US returns filed in 2007, 79.98 million (or about 57.4 percent) were filed electronically. [1]