Should You Incorporate?

incorporateAs a business owner, you’re faced with dozens of important decisions every day. But the decision on whether or not to incorporate is one that should be given more consideration than most. Given the fact that Americans spend more on civil litigation than any other industrialized country1, the security of incorporating may be more than worth your while. But is it really worth the hassle and added expense? Read more…

Filed under:Business Tips

Recordkeeping for Tax Purposes

files-high-24906856
No matter what the weather is like, April 15th can be a pretty cold, harsh day for some businesses in any part of the country. Especially if recordkeeping isn’t your strong suit. But poor record keepers need to beware. Even the best CPAs can only use the information you provide them in the event of an audit. Read more…

Filed under:Business Tips

Money-Saving Tax Tips for Home Offices

v1b_r1

The end of the year is drawing close, which means it’s time to start thinking about taxes. That also means it’s time to start pulling all of your documents together to make your life a little easier for dealing with Uncle Sam. Here are a few general tax tips for home business owners to make sure you aren’t paying any more than necessary. But remember, since every tax situation is unique, it’s always best to consult a tax professional. Read more…

Filed under:Business Tips

Classifying a Worker: Independent Contractor or Employee?

man

A fine line separates an independent contractor from an employee and knowing that distinction can help you decide which worker best fits your situation and Internal Revenue Service guidelines. Read more…

Filed under:Cost of Business