As a small business owner, you might have considered hiring a 1099 subcontractor. In some ways, a subcontractor can give you more flexibility than an employee. Subcontractors are responsible for their own permits and payroll taxes.
Read More Hiring a 1099 Subcontractor: Do Your Homework
You might have considered incorporating your small business. Do you know how to form a C Corp? Forming a C Corp takes more time and money than other types of business structures. But, you are free from personal liability.
Read More How to Form a C Corp
With fewer people carrying cash, it’s common for customers to break out a credit card for everyday purchases. While credit cards offer customers more spending options, swipe fees attached to charges could mess with your small business finances.
Read More Should You Pass Along Swipe Fees to Customers?
When you set up your business, you choose from several types of business structures. The structure you operate under affects your tax liabilities, so selecting the right one for your business is crucial. Forming an S Corp is one business entity option. Knowing how to form an S corporation helps you decide how you will […]
Read More How to Form an S Corp
As a business owner, you are likely familiar with traditional methods of raising capital such as seeking help from business angel investors or venture capitalists. However, business owners also have the opportunity to raise funds via crowdfunding. So, what is crowdfunding?
Read More What Is Crowdfunding, and How Can it Take Your Business to the Next Level?
As a business owner, you’re likely always on the hunt for ways to save time and money. Maybe you use basic accounting software to track incoming and outgoing money. Or, maybe you automate your email marketing with a tool that sends emails to your customers or vendors for you. If you love saving time and […]
Read More Electronic Funds Transfer Process: What to Know
Many small business owners invest their own money to help fund their startups. According to one study, 78% of small businesses rely on their personal savings for initial funding.
Read More What Is Business Equity, And How Does It Represent the Value of Your Small Business?
Your cash flow statement can give you an idea of your business’s current financial health. But, wouldn’t it be nice to see your company’s future cash flow? You don’t need a crystal ball to view your cash flow’s future. Instead, create a cash flow projection. Read on to learn about cash flow projection and how […]
Read More Cash Flow Projection: Glimpse into Your Financial Future
Many employers use flexible spending accounts (FSAs) to help employees pay for their medical-related expenses. Years ago, the “use it or lose it” rule was the main guideline for how employees could spend their money. Under this rule, employees forfeit any leftover money to you at the end of their plan year. Now, you have […]
Read More What Can Employers Do with Forfeited FSA Funds?
Important documents go missing or get damaged all the time. An employee’s Form W-2 is one document that might be subject to those fates. An employee might send the form through the wash, toss it out with the junk mail, or simply lose it out of their back pocket. No matter what happens to the […]
Read More How to Perform a Form W-2 Reissue