Can I Provide Services Instead of Capital to a New LLC?
Small business owners put their blood, sweat, and tears into ensuring the success of their company, which, though difficult to measure, are no less valuable than capital contributions. At the same time, if you are investing your time and energy into a limited liability company (LLC), you should establish a method of valuation for your […]
Complying With Estimated Quarterly Taxes
Not everybody who earns self-employment income needs to pay their taxes quarterly, but if you need to make estimated tax payments, knowing the deadlines is essential.
Considerations for Hiring Your Child as an Employee
Hiring your child to work in the family business can be a win-win situation for both you and your child.
Most Common Tax Deductions for Small Businesses
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted.
DIY Contracts: The Do’s, the Don’ts, and the Dangers
Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. In some instances, business owners attempt to create their own contracts by using templates available online. However, creating your own contract is fraught with many […]
Independent Contractor or Employee: When You’ve Crossed the Line
Expanding your business is a proud accomplishment in the right direction. On the one hand, your efforts are working and it’s time for more help, but on the other hand, you may have several employment legal questions to consider. Ultimately — it comes down to whether you’re looking to hire an employee or a contractor. […]
