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How Small Business Owners Can Start Preparing For Retirement Today
Dan Levenson March 16, 2017
A common approach to retirement for small business owners today is that their business is their retirement. The plan is that they will either sell the business for cash when they are ready to retire or [...]
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The Biggest Changes To Small Business Health Insurance In 2017
Gauri Gupta December 06, 2016
Health insurance is confusing for many people, especially if you are a small business owner trying to navigate the ever-changing waters of employee benefits. If you don't take the time to understand the changes that will [...]
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Extension Issued For Filing Forms 1095-B and 1095-C In 2017
Gauri Gupta November 29, 2016
The due date for filing 2016 Forms 1095-B and 1095-C has been extended by 30 days according to Notice 2016-70, issued by the Department of the Treasury and Internal Revenue Service on November 18. This [...]
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FAQ: Is Business Insurance Tax-Deductible?
Dan Levenson June 16, 2016
When running a business, tax deductions are helpful to defray some of the costs involved with keeping your business profitable. One of the more common questions that tends to come up is: "Is business insurance [...]
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4 Tips For Writing Off Home Office Expenses For Independent Contractors
Dan Levenson September 01, 2015
If you work as an independent contractor, you're probably all-too-familiar with just how stressful things can be around tax time. You're responsible for paying your own taxes rather than having them automatically deducted from your [...]
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Business Licensing Requirements For A Company Working Nationally
Dan Levenson July 28, 2015
Whether you operate a single-person LLC, have a small business with just a few employees, sell goods and services, or receive business contracts in other states, many states require you to have a variety of business [...]
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1099 Tax Deductions: What Every Independent Contractor Needs To Know
Dan Levenson July 15, 2015
Working as an independent contractor comes with great benefits: flexible schedules, choosing your own work, and occasional work sessions in pajamas are favorite perks among freelancers. At tax time, however, independent contractors often get the [...]
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What is a Federal ID Number? The Basics
Insuranceguru April 09, 2011
If you are a company with employees, you must apply for a Federal ID Number. This number identifies your business with the US government and Internal Revenue Service (IRS). It's very easy to obtain. Watch [...]
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