## The Genuine Article ## Real tax advice for real people. [**How to Report Self-Employed Business Income and Expenses**](/content/post/how-to-report-self-employed-business-income-and-expenses-3/index.html) by BossTax Admin \| Jan 24, 2025 \| Financial Planning, Tax Blog, Tracking Tips \| 0 comments Reporting your solo business at tax time If you are in business for yourself, you typically use the Schedule C to report your business income and expenses. The Schedule C is included in your personal income taxes, which are filed on the IRS Form 1040. You can use the Schedule C to report your income and expenses from any self-employed work you do, or work you do in a formal LLC part. [**Demystifying entertainment and party deductions**](/content/post/demystifying-entertainment-and-party-deductions/index.html) Wait a sec. I can’t deduct entertainment anymore? What if that’s my whole business? [**What to do if Your Records are Incomplete?**](/content/post/what-to-do-if-your-records-are-incomplete/index.html) Help! It’s almost tax filing time, and your records are, well, incomplete. What if you forgot to save your info? Don’t worry, you’re not totally out of luck. Read on to find out how to save yourself on tax day. [**Late Filing Taxes? Here’s What You Need to Do**](/content/post/how-to-report-self-employed-business-income-and-expenses/index.html) by Enrolled Agent at BossTax \| Jun 20, 2025 \| Tax Blog , Tracking Tips \| 0 comments Oh no! Is it already May?? Missing the tax... [**How to keep good records for the IRS?**](/content/post/how-to-keep-good-records-for-the-irs/index.html) But I’m not an accountant! What counts as “good recordkeeping” for the IRS? Read on to find out what’s required. [**How Much Should I Deduct?**](/content/post/how-much-should-i-deduct/index.html) How much should I deduct? Can I avoid all taxes by showing a business loss? Yes – but beware the IRS hobby rule. And of course, you could always be audited, so it’s best to stick to the facts.