Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

Sole proprietorships typically report business income on Schedule C, which corresponds with the individual tax return Form 1040. Because you file your business taxes with your personal taxes, you must ...

The April 18 tax deadline is near. If you're not ready, file for an automatic extension to Oct 16. Remember, an extension of time is not an extension to pay. So to avoid penalties, include a payment.

If you're one of the millions of Americans who have procrastinated filing their taxes ahead of the April 15 deadline, there is a way to get some breathing room: File for an extension. The step gives ...