Sole Proprietorship Taxes Explained

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Sole Proprietorship Taxes Explained

This video self employed taxes explained covers everything you need to know about taxes for a sole proprietor. We cover what you need to do as a self employed person. Check out our site for more information: http://clearvaluefinance.com/self-employed-taxes-for-dummies/

In this video, about sole proprietorship taxes explained, we cover self employment taxes and the Schedule C. If you are a sole proprietor or single member LLC, this is a good guide for you to follow for your tax obligations, filing, and estimated tax payments.

Please know the importance of tax write-offs as well as your tax filing and tax reporting obligations with the IRS. We’ll also cover estimated tax payments to see whether you will get penalized. Please let us know if you have any questions and we’ll be happy to answer them.