ARE YOU READY FOR S-CORP STATUS?

ARE YOU READY FOR S-CORP STATUS?

If you have ever read an article or blog about saving taxes as an online entrepreneur, you’ve heard of the S Corp election. The main benefit of an S Corporation is potentially to save on taxes, in particular on self-employment tax (SE tax).   THIS DECISION...
DO I NEED TO SEND A 1099?

DO I NEED TO SEND A 1099?

We’re closing in on 1099 season, so we’re here to help you determine if you need to send any or if you should expect to receive any. If you are unfamiliar, a 1099 is a tax form that a business owner sends out to both their contractors and the IRS each year, letting...