Employee or Independent Contractor? Learn How to Classify Both cover

Employee or Independent Contractor? Learn How to Classify Both

Employers often misclassify employees as independent contractors. Misclassification can have significant ramifications for the employer and the worker.
Employer-Offered Benefits That Can Save You Money and Taxes cover

Employer-Offered Benefits That Can Save You Money and Taxes

Tax law includes tax and financial benefits that employers can offer to employees. If your employer offers these benefits, consider taking advantage.
Hiring Independent Contractors? Make Sure They’re Properly Handled cover

Hiring Independent Contractors? Make Sure They’re Properly Handled

Many businesses use independent contractors to help keep costs down. But be careful that these workers are properly classified for federal tax purposes.
The Tax and Bookkeeping Challenges of the Freelancing cover

The Tax and Bookkeeping Challenges of the Freelancing

It seems like more and more employees are turning to freelance work. According to one recent study, there are now 73.3 million people freelancing in the US.
Retirement saving options for your small business: Keep it simple cover

Retirement saving options for your small business: Keep it simple

You may be reluctant to set up a retirement plan for your small business due to administrative burdens. Here are two options to consider with fewer requirements than traditional qualified retirement plans.
Don't Ignore Household Employee Payroll Tax Rules cover

Don't Ignore Household Employee Payroll Tax Rules

If a domestic worker provides services in/around your home, a tax liability may exist. If the worker is your household employee, you need to know.
Potential Tax Advantages of Hiring Your Child This Summer cover

Potential Tax Advantages of Hiring Your Child This Summer

Thinking about hiring your high school or college-age child to work in your business? You could reap significant tax benefits.
Gig Work Can Have Tax Consequences You Never Considered cover

Gig Work Can Have Tax Consequences You Never Considered

Gig work brings a newfound sense of freedom but also a number of potential disadvantages. This will become especially apparent when it comes to tax season.