Employee or Independent Contractor: What the IRS Says About It
We’ve previously discussed how the terms “independent contractor,” “gig worker,” and “freelancer” all mean the same thing: basically, they are all self-employed and not an employee of someone else. It’s important to know...
Does My Business Need An EIN?
Starting a business comes with many decisions. One being, “does my business need an EIN?” Let’s backtrack to what an EIN is. So what exactly is an EIN? They are employer identification numbers or tax Id. numbers. Simply put, an EIN is equivalent to a...
How to Save THOUSANDS on Business Taxes in 2021
New year, new tax season! The beginning of a new year is the perfect time to reassess your business and find ways to improve your bottom line, including reducing taxes. Aside from properly tracking expenses and taking tax deductions, there is one thing that you can...
Business Identity Theft
We’ve all heard of identity theft, but did you know that there’s such a thing as business identity theft?! Yeah, me neither… But guess what?! It IS a thing! And It is shockingly easy for business identity theft to happen. So what does business...