I don’t recommend a small business hold an attorney on retainer. But I DO recommend that a small business have a relationship with an attorney that they can call on when the need arises.
Image courtesy of user "Geralt" on Pixabay.com One time I was helping a small business owner who was going through a rough time with her business. It was leaking cash, she was taking almost nothing out for herself, and she was burned out. Her business only took in about $50,000, but somehow she had [...]
Question from a web visitor: why is the deduction for 1/2 of self-employment tax taken on the front side of the 1040 and not on the proprietorship’s Schedule C?