If filing your small business taxes yourself becomes too complicated or confusing, it's advisable to consult with a professional the first time so you'll understand all of the steps and documentation needed. Step 1. Gather each tax form you need to fill out for the type of business you own.
Definition of profit sharing. : a system or process under which employees receive a part of the profits of an industrial or commercial enterprise.
ARTICLES BY TOPIC Â¦ MISCELLANEOUS 1996 The Age-weighted Profit Sharing Plan, a New Tool for Retirement By David Langer The age-weighted profit sharing plan is an intriguing new tool for the design of retirement plans, permitting employers to make contribution allocations on the basis of age as well as salary.