Employees or Independent Contractor ... Use different forms 1099, W-9, W-4, W-2 ... Oh my! Employees and Independent Contractors have completely different forms to submit. In a previous post, we talked about the differences between an employee and independent contractor. Now, let's talk about the forms. I get asked about these business forms, and the [...]
Category Archives: Entrepreneur Essentials
Tips brought to you from Barb Brady. I am an accountant that specializes in accounting and advising for small businesses. I bring you tips about a variety of small business topics. Entrepreneur Essentials brings you helpful info as you navigate the day-to-day challenges of owning a business.
18
May
May
"But really, it's a business expense !?" As I work with small business, I hear this frequently: "These expenses are required for me to run my business and I want them recorded on my business books". The reality: you may want them recorded and consider them a necessity, but the IRS tax rules may say: [...]
11
May
May
"I need to document my mileage?" If you own your own business, the mileage deduction is something you should think about. What do you need to do today? The answer: track your mileage. We will talk about: Why track it Methods to use for tax deduction What to track FAQ's - some common questions I get [...]
21
Apr
Apr
Decisions - which type to hire? When businesses need to hire, they many times want to hire ... an independent contractor. I get it. There are benefits. Generally speaking: Employers want workers to be independent contractors instead of employees. Workers want to be employees instead of independent contractors. So, let's jump in and talk about the [...]
20
Apr
Apr
"A first decision?" Yes, a first decision. What is your business structure? There are many articles that will talk with you about "How to Choose a Business" or "Am I ready to Own my Own Business". But this post is for those of you who have taken the leap. One of the first decisions should [...]