The Taxes You Pay as a Sole Proprietor [Mini Guide]

March 21, 2018 Michelle Mire

Share this Article
Facebook
Twitter
Email
LinkedIn

A sole proprietorship is defined as the simplest business structure. That is until it comes to taxes, which are never really simple for anyone. In this article we wrote for StartupNation, we talk about the various taxes that sole proprietors have to pay. Enjoy the read!

About the Author

Blogmaster, content creator and inbound marketing guru at Wagepoint, Michelle enjoys simplifying complex payroll topics and generating articles with actionable advice for small businesses and startups. When not at the keyboard, she enjoys chocolate, running and quality television (not always in that order).
Follow on Twitter Follow on Linkedin Visit Website More Content by Michelle Mire

Accountants Versus Bookkeepers — What Every Small Business Should Know

While it's common to mention accountants and bookkeepers in the same breath, it's important to know that ea...

10 Practical HR Hacks for Small Businesses

You're a small business, but you still want to do all that you can to create a positive work culture and sh...

Most Recent Articles

Putting Payroll Year-End Into Perspective [Webinar Recap]

The Taxes You Pay as a Sole Proprietor [Mini Guide]

About the Author

Previous Article

Next Article

Most Recent Articles

Payroll year-end means reconciling year-to-date amounts for the current calendar year and issuing the related tax documents. Learn how this works and how to make it easier.

A big part of digital marketing is social advertising. Read on to learn about the benefits of social advertising and which platforms best suit your business.

As one year comes to an end and another's about to begin, it's also the best time to change or start using payroll software. See why timing is everything when it comes to small business payroll.

There is no one size fits all solution when it comes to payroll frequency. Read on to find out which payroll schedule is best suited for your business.

In honor of Women's Entrepreneurship Week, TSheets, Wagepoint and QuickBooks put the spotlight on three leaders from their world and the challenges and solutions that lie ahead.

Let's explore 7 employee retention strategies to ensure the strong, happy team you’ve built—stays the same strong, happy team you’ve built.

Using payroll software saves you time and money. Yet, 60% of small businesses still manage payroll manually in-house. Learn why there’s a better way.

Having a retirement plan available helps employees feel valued for the long-term. Learn what plan works best for your small business.

Restaurants tend to have razor-thin margins. When you're strapped for cash or want to grow, learn about 10 different financing options you can use in the US.

If you’ve been letting fear influence your decision to become an entrepreneur, here are three myths about entrepreneurship you can put to rest that could be standing between you and your dreams.

Money, money, money! There are lots of songs about the dollars — here's a list of of our top picks for when you're running payroll. Spotify playlist included.

When an employee with insurable earnings leaves a company, employers must issue a Record of Employment (ROE) to determine whether they are eligible for EI benefits.

Payroll for the construction industry can get complicated. Learn how to find the right payroll tool to fit your specific needs and budget.

US employer with Canadian employees or Canadian employer with American employees? Here's what you need to know about paying workers in the other country.

In this webinar recap, you'll learn how the combination of scheduling and timekeeping from 7shifts and payroll from Wagepoint can help your restaurant save time and money.

Growth for your business often means your processes get more complex. See if your HR systems are keeping up as you scale using these 7 signs.

If your payroll includes construction, trade, or field workers, your time-tracking needs are a bit more complex. This article recaps the simple solution of pairing TSheets with Wagepoint.

Hiring new employees can be daunting. Get inspired and learn from the experiences of other successful businesspeople with these 8 TED Talks.

Not every small business needs complex features for their timekeeping. Get to know Wagepoint's tool, Track, and get access to the live demo from our webinar.

Saving time and money is as simple as tracking time and money. Learn about the relationship between timekeeping and payroll, and how online tools can help your bottom line — all in our webinar recap.