There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are ...

You can report the loss on Schedule C to your Form 1040 and write if off ... Not everyone makes a profit right away, so the IRS says you are presumed to be operating for profit if you make a ...