Tax obligations vary depending on the legal structure of the business. If you’re self-employed (sole proprietorship, LLC, partnership), you’ll claim business income on your personal tax return. Corporations, on the other hand, are separate tax entities and are taxed independently from owners. Your income from the corporation is taxed as an employee. Need more information? Contact us today!
AMJ Bookkeeping LLC helps individuals and businesses in the community prepare their taxes, manage their finances and plan for the future!