Wayne M. Davies

If you own an S Corporation, you must file Form 1120S every year to report the income and expenses of your small business. The purpose of this article is to help you properly report all the legitimate expenses you are entitled to take. Like any business owner, you are in business to make a profit. But you also don't want to pay more tax than required, so read on to make sure you know where to report expenses on Form 1120S.

If your business is an S Corporation, you must file Form 1120S, U.S. Income Tax Return for an S Corporation. The purpose of this article is to help you get started preparing this return. Form 1120S is only four pages, but don't let it's length fool you. If you are going to do this return yourself, you're going to need some help.

If you are a Sole Proprietor who is deducting Car and truck expenses on Schedule C, Line 9, you may be required to complete Part IV of Schedule C, "Information on Your Vehicle." The purpose of this article is to explain how to complete this section of Schedule C.

For Sole Proprietors, Schedule C can be either your best friend or your biggest nightmare. There are parts of this two-page form that you will learn to love or grow to hate. There are five parts to Schedule C, and the purpose of this article is to help you with Part V, Other Expenses - hopefully this will become one part of Schedule C that you come to enjoy preparing.

If you are a sole proprietor, you must file Schedule C, Profit or Loss From Business. And if you are a sole proprietor whose business involves sale of a product, you must complete Part III of Schedule C, Cost of Goods Sold. The purpose of this article is to help you with this all-important task, because it is likely that Cost of Goods Sold is one of the largest expenses in your business.

Do you need help reporting expenses on your Schedule C? Are you wondering whether you've accurately captured all deductible business expenses for your Sole Proprietorship? Then this article is for you.

The purpose of this article is to help you prepare Part I of Schedule C without breaking into a sweat.

If you are a Sole Proprietor with a home office, you must file Form 8829, Expenses for Business Use of Your Home. The purpose of this article is to help you prepare this form without getting a headache.

What should you look for in a good tax preparer? Read on to find out.

The purpose of this article is to answer the question: "What do I do if a customer or client doesn't pay me? Do I get to deduct the lost sale amount?"