A Reader Asks…

I have an online business that does not have employees (except myself). Do i have to pay federal taxes? Does signing up for a federal tax ID begin the stages where I have to pay taxes? We are a online reseller of bags in California.
Thanks.

A Reader Asks…

I just finished my 1040 EZ form, but apparently I have to fill out a form for state taxes too? I had a job in 2 different states last year. What do I do I need to do to file state taxes?

A Reader Asks…

An employee pays federal tax, state tax, medicare tax, SUI/SDI tax and social security tax.. But, what type of taxes does a company pay for its profit/earnings?