Q&A: Just starting business. Have some tax questions – in AZ – HELP?

Question by ellehcim: Just starting business. Have some tax questions – in AZ – HELP?
We just started a business, for tax purposes described as “contracting”. Bc the business is so new we have no employees and no income as of yet. The only form we have rcvd is the transaction privilege tax return, which I know we would file with all zeros, but I wanted to make sure that we aren’t missing anything else. I am getting ready to take some classes, but those aren’t for another 2 weeks… HELP. Thank you in advance…

Best answer:

Answer by Jss
You may like to read this about self employed tax filing: http://taxipay.blogspot.com/2008/04/tax-filing-by-self-employed-sole.html

Also about W2 vs 1099-misc:
http://taxipay.blogspot.com/2008/03/w2-or-1099-employee-or-independent.html

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