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Choose one of the following businesses and assume they are set up as a sole proprietor filing a schedule C on the Form 1040 -
Choose one of the following businesses and assume they are set up as a sole proprietor filing a schedule C on the Form 1040 - 1. Airbnb - 2. Landscaping business 3. Etsy store selling homemade soaps Research available business expenses available to your choice of busines. Write a summary report 2-3 pages max that you would present to the business owner regarding what to expect when filing their taxes for year one, once the business is operational. Utilize the RIA Checkpoint software to demonstrate what types of expenses are available and any tax credits they may need to be aware of as they prepare to start the business. Review a current Schedule C to prompt you on what may be relevant to your choice of business
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