Finances, flexibility, and misclassified risks are critical for business, making the decision between W-2 and 1099 employees hiring decisions. Learn more here.
The QBI (Qualified Business Income) deduction came about through the recent Tax Cuts and Jobs Act of 2017. Learn more about QBI here.
Trade credit is a great B2B business deal to finance growth. Learn more about a trade credit discount and if it's something you actually need for your business.
Navigating the tax scene can be confusing for small business owners with all the changes in health insurance. How can you know what is right for your business?
The tax election that the company makes with the IRS defines how you take profits out of an LLC. The benefits distributed are not salaries. Instead, the salary paid to reimburse an individual for helping the company is deducted from the business revenue. Then, the remaining amount is your profit.