Tag Archives: entrepreneurs

Another Tax Year Is Now History

Tax filing in progress...

{8 minutes to read}  Before getting into the article, I would like to remind readers that enrollment season is now open. It’s this time of the year when you have the opportunity to enroll for your health care insurance and other employer-offered benefits. Now let’s continue.

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Considering the New Tax Laws, Is Starting a Business the Right Choice for Me?

Considering the New Tax Laws, is Starting a Business the Right Choice for Me? by Nadine Riley{6 minutes to read}  During tax season we are often questioned about starting a small business. However, throughout 2018, the two most asked questions we received were:

  1. I have been freelancing for some time now; do I incorporate or form an LLC?
  2. Since I will lose most or all of my deductions as an employee, I am considering having a conversation with my employer about paying me as an independent contractor rather than as an employee. Do you think this is a wise move?

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2017 Year-End Tax Guide for Businesses

2017 Year-End Tax Guide for Businesses by Nadine Riley*Due to the weekly changes and updates to the proposed tax law, some of this article’s content may have changed. Once the law is passed, we will update you.

{7:06 minutes to read} Now that each chamber of Congress has met, i.e. the House and the Senate, we now await the final verdict regarding how they will reconcile their differences and decide what will be the new tax law. Continue reading

Financial Mgmt Tools for Entrepreneurs and Small Businesses

Financial Mgmt Tools for Entrepreneurs and Small Businesses by Nadine Riley{4:36 minutes to read} Being a self-employed entrepreneur or small business owner can be exciting and frightening all at the same time. It is good to be the one who is calling the shots, but it is difficult to keep your fingers on all the necessary pulses so that you and/or your business thrive.

One of the most essential and useful tools in any business toolbox for a small business is proper bookkeeping. Without it, how do you account for all the money that flows in and out of your company? Is it possible that your business is losing cash at an accelerated rate without you being aware of it? You say your business is profitable, but you still find yourself with cash-flow problems. Continue reading