A common misconception about business is that paying someone in cash under the table is a great way to save money. This is, however, risky and costly to your business. In this article, we’ll illustrate why. Let’s say you’re an LLC with pass through taxation. Let’s also say you’re the sole owner of the company […]
Employee or Independent Contractor – IRS Version
Intro Businesses grow, and that’s a great thing, but if they grow wrong, they can face additional costs along the way. One of these areas you must grow correctly is with your new hires. There are many reasons you’d want to hire an independent contractor over an employee or vice versa when just starting out, […]