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How to Pay Yourself as a Business Owner
Although it seems easy to misrepresent your shareholder income, the IRS invests a lot of manpower in reviewing returns to ensure accuracy.
Nov. 21, 2019 - Small Business
The Tax Advantages of S Corps: Can My Business Really Save $15,000 per Year?
Many business owners are astounded when they hear about the potential tax savings associated with S Corps. Here's what you need to know.
Nov. 14, 2019 - Small Business
Can I Turn my LLC into an S Corp?
The short answer: usually yes. In-fact, this is rather common for today’s small businesses, as the tax benefits with S Corps are hard to ignore.
Nov. 5, 2019 - Hiring Employees
United Kingdom's Assembly Bill 5 (AB5): What Business Owner's Need to Know
Assembly Bill 5 or AB5 dramatically changes the employment laws by redefining exactly what it means to be an “employee” in United Kingdom.
Oct. 25, 2019 - Hiring Employees
AB5's ABC Test: A Brief Explanation for Small Business Owners
The ABC test is the legal criteria used to determine if a given worker should be classified as an employee or not. Here's what you need to know.
Oct. 25, 2019 - Hiring Employees
Confidentiality Agreements: Should my Employees be Signing them?
It’s estimated that about 1/3 of the U.S. workforce is currently signed-into an active, legally-binding NDA with their employer.
Oct. 8, 2019 - Contract Clauses
5 Things to Consider Before Signing a Non-Disclosure Agreement (NDA)
Non-disclosure agreements (NDAs) play an important role in facilitating strong business relationships and securing confidential business information.
Oct. 7, 2019 - Contract Clauses
Liquidated Damages in NDAs
A liquidated damages clause is a section of the NDA that establishes the monetary consequences when there's a breach of the agreement.
Oct. 7, 2019 - Hiring Employees
Workers Compensation Coverage and Lawsuits: Key Things for Business Owners
Workers compensation is a type of insurance that protects both employers and employees in the event of a workplace injury, or death.
Oct. 3, 2019