Business and Taxes


If you are an independent contractor or run your own business, there are a few basic things to know when it comes to your federal tax return.

Generally, you are self-employed if you:

  • Operate as an independent contractor
  • Are the sole proprietor of a business or you practice a trade
  • In some way or another are in business for yourself
  • Receive a 1099-MISC from employer

Below are some resources to help with your business.

Business Forms and Publications

  • Small Business forms and Publications
    • Schedule C, Profit or Loss from Business
    • Schedule C-EZ, Net Profit from Business
    • Schedule SE, Self-Employment Tax
    • Form 1040-ES, Estimated Tax for Individuals
    • Publication 505, Tax Withholding and Estimated Tax
    • Publication 334, Tax Guide for Small Business
    • Publication 535, Business Expenses


Business Finance

Business Guides

For information regarding state-level requirements for starting and operating a business, please refer to your state’s website.

Other Business Entities