If you are a new business owner trying to better understand IRS Schedule C, this video is for you. If you’re self-employed, you report your income and business expenses on Schedule C of Form 1040. You determine your profit, on which you pay tax, by subtracting your expenses from your income….(read more)
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It’s a great video with quality contents. Learnt about Stray Admin from a friend ever since I’ve been handling documents such as these with ease including Tax statements like schedule c and more he makes taxing easy.
I wish someone would do a video for gas royalty owners on how to report royalty income on schedule C.
Good video thank you
How do I file state and federal FINAL TAXES for single member llc. I didn't use or make any money. What forms do 8 need
Stimulus check $1400
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Hi! Does anyone know what like 29 really means?
I strongly recommend bulbtools on Instagram they're good and legit with this kinda stuff
You never fail with your words,Thanks so much for your help and support! Heesak on telegram you're the best
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Great Video. How do i figure line 41 "Inventory at end of year", will these line total help me arrive at inventory for end or year or physically count inventory? Thank you.
Why is my bank's underwriter writing me an email about a SIGNED schedule 1040 2019 that I sent to the IRS? Where is this area to sign?
I have had a side business in wood working and crafts for a few years. In 2020, I did not have any income or expenses. People did not want anyone coming into their home, so there was no business activity at all. There were no sales and no expenses. How do I report this on my taxes? Do I just put zero for everything? What if I want to close out the business? How do I do that?
What about the last section? It says cost of labor isn’t that the same as wages??