Helen Keller once said, “Alone we can do so little; together we can do so much.” That’s essentially the idea behind companies that decide to form as a partnership. Earlier in this series on the different types of businesses, we talked about “Sole Proprietor Pros and...
Starting your own general contracting business can be exciting. You get to be your own boss, and your earning potential is only limited by your effort. But it can be an intimidating process too. Where do you begin? How do you know if you’re setting your business up...
As we move into the last quarter of 2021, we wanted to give you some small business tax tips to help you close out your year successfully. In this post, we’ll focus on everything you need to know about employing family members and how that affects your taxes. Starting...
Our clients who come to us for payroll help sometimes ask why they have to do tax withholdings on their employees. It’s a lot of work and it seems odd that it would be the employer’s responsibility. But have you ever wondered how payroll withholding helps a company's...
Before we answer “what is an income statement,” let’s back up a little in case you’re just joining us. In our last post, “3 Most Important Types of Financial Statements Your Business Needs,” we had you stranded on a deserted island. (Go back and take a look…it’s a...
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