business expenses

Marketing and Pricing for Small Businesses

To determine where and how you can successfully sell your product or service (and at what price), you will need to use one of the most critical elements of business planning – market research. This includes interviewing potential suppliers and investigating your competition and consumer base.

Business Eligibility for Schedule C-EZ

Your business may be eligible to use the abbreviated Schedule C-EZ instead of the longer Schedule C when reporting business profit and loss on your federal income tax return, according to the IRS.

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit.