Business owners may be surprised to learn that there is such a thing as "bad income." There is also such a thing as good expenses.
Image courtesy of user "myrfa" on Pixabay.com Today I want to write about Form W-9 and when it's used. My discussion will focus on the most-common usage of Form W-9, which is to collect information from contractors so a Form 1099 can be prepared. I will not be getting into other uses of the [...]
A common question from business owners is, how can a small business avoid the crush of taxes and regulations while still staying within the confines of the law?
I say it depends on your cash flow and whether or not you can afford to pay yourself a reasonable salary for the work you’re doing.
Many of the business clients I work with are either side businesses, or side businesses that are turning into "real" businesses. I've written before about the struggle of taking a side business and turning it into something more. Today, I'm going to write about the choices a business owner has with their side business when they [...]