If you are a self-employed individual or the owner of a business, you can file your business taxes along with your personal income taxes. However, paying taxes on a larger business with employees is more complicated and may necessitate more in the way of tax preparation.

Business taxes often require tax preparation to occur quarterly, not just once a year. If your business is large enough to have a payroll department or employ an outside payroll service, they will often take care of payroll tax preparation for you