Running a small business can be very costly. Between office rent, payroll, office supplies, travel costs, those business expenses sure can add up fast. Thankfully, most of the costs and expenses that we incur in our business are tax-deductible business expenses. Here...
The S Corporation can be a powerful tax-savings tool for many small businesses. But despite its popularity, there is still a lot of confusion surrounding S Corporations. Let’s smash a few common myths about S Corps: Myth #1: S Corporations are a great...
California passed a new bill this week which is being called “The Uber law” that could have major impacts for a lot of businesses and workers. So what is the Uber Law and what does it mean? The bill focuses on the classification of “gig” workers. It’s a term that they...
How to Dissolve an LLC Here are a few of the important steps to dissolve an LLC: Check the Operating Agreement. Most Operating Agreements will describe the process that needs to be taken to dissolve the LLC. The Operating Agreement will how, when, and the process by...
How to Fill Out a W9 If you perform any work as an independent contractor, you will undoubtedly be asked to provide customers with a W9. Businesses are required to submit a form 1099-MISC for contractors that have been paid $600 or more during the year. The contractor...
