Home » All Of Our Content » The Taxes You Pay as a Sole Proprietor [Mini Guide]

× Share this Article

Facebook
Twitter
Email
LinkedIn
Google+

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

March 21, 2018 Michelle Mire

Share this Article
Facebook
Twitter
Email
LinkedIn
Google+

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 Google Plus Follow on Twitter 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...

First Name

Last Name

Country

Opt-in To Future Emails

Thank you!

Error - something went wrong!

First Name

Last Name

Country

Opt-in To Future Emails

Success!

Download the List

Error - something went wrong!

No thanks

Most Recent Articles

Handing Off the Reigns: 5 Steps to a Viable Succession Plan

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

About the Author

Previous Article

Next Article

Most Recent Articles

When should you worry about a succession plan for your business? There's no time like the present. These 5 steps will walk you through the process of planning for your business' future success.

Productivity at work is down because employees are struggling with financial stress. But it doesn't have to hurt your business. This employee benefit will reduce stress and boost loyalty.

Managing and balancing your business's budget isn't easy, but it is necessary. Here are 9 strategic tips that keep your budget in line--and available for your biggest growth plans.

If your small business doesn't have an HR department, you're responsible for the tasks usually handled by human resource management. This mini-guide will cover the basics of what you need to know.

Paycheck vs pay stub, total pay vs net pay, contributions vs deductions and who is FICA anyhow? This simple infographic answers your questions and explains how to read a paycheck.

How do you help make sure your employees are engaged and involved? You take the lead in creating a culture of learning that promotes openness and more.

Once you've hired someone, onboarding is the next step in the process. Make a checklist and master the onboarding process for your restaurant.

Looking for a small business loan can be complicated. Should you turn to a business loan broker to save time and find the best option? This article weighs the pros and cons.

While there's an acceptable level of flying by the seat of your pants in the startup world, at a certain point you have to get a firm grip on your financials.

More and more small businesses are using freelancers for specific skills and projects. Find out where to begin and how to find the right freelancer. Includes a list of the top freelance sites.

What are the latest updates to Wagepoint's payroll software? This update will tell you about new improvements and features within in the main app as well as for Canada and the United States.

While it's common to mention accountants and bookkeepers in the same breath, it's important to know that each is its own professional designation with specific roles and responsibilities.

You're a small business, but you still want to do all that you can to create a positive work culture and show your employees you care. These 10 HR hacks can help.

Tax season is a complicated time for small business. This article for the Fundera Ledger explains how payroll year-end affects your overall small business taxes — and which on you should do first.

During tax season, small business owners are scrambling for time and helpful resources. Learn about five resources that can help keep your business taxes on track.

Being a self-employed sole proprietor puts you in a unique category where your business and personal income are one in the same. Find out how this affects your taxes too.

In a guest post for Simple Order, Wagepoint explains the ways in which payroll, time tracking and scheduling apps help restaurant managers and their employees.

Self-employed and a sole proprietor? If so, here's what you'll need to know as you file your business taxes with your personal taxes using a Schedule C along with your 1040.

As a startup, it's hard to know where to start at tax time. This list will tell you about 10 tax deductions that your startup can use to lower your tax bill.