Questions abound regarding who has to file, selecting a return and how to file.
Tax returns How to file This tax tip addresses some of the confusion encountered by sole proprietors intimidated by the prospect of filing and what form to use. It also discusses what a person in business needs to know about using electronic filing systems. This means that business owners who don't pay until tax returns are due are likely to encounter trouble. The Internal Revenue Service requires business owners to pay these taxes as they earn income through the year. The problem for many owners is that they usually don't have tax money withheld from their wages the way employees do.