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Tax information for businesses

TaxWise Online

K
Written by Kenneth Lowe
Updated over a week ago

Tax information, tools, and resources for businesses and self- employed.

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Business types

Sole proprietorship

Someone who owns an unincorporated business by themselves.

Partnership

A relationship existing between two or more persons who join to carry on a trade or business.


International business
Foreign businesses with activities in the U.S. or domestic businesses with activities outside the U.S.

Corporation

A legal entity that is separate and distinct from its owners.


S corporation

Corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.


Limited Liability Company

A corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities.

Special tax law provisions may help taxpayers and businesses recover financially from the impact of a disaster, especially when the federal government declares their location to be a major disaster area.

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