Thinking about becoming an independent contractor? One of your first considerations is probably taxes. And rightly so; the process of filing and paying taxes as an independent contractor is both different and more
Learn why accurate financial statements are crucial for small businesses. Understand P&L, Balance Sheet, and Cash Flow to make informed decisions and grow your company.
As a business owner in the post-COVID era, you’ve probably wondered if you should hire an independent contractor instead of an employee. After all, there are lots of independent contractors and freelance workers
It’s that time of year again: IRS notice season. No, it’s not an official season, but for tax professionals like myself, it might as well be! Have you received a notice from the
If you’re a business owner, you know how complicated the finances can be! You work hard to keep track of daily expenses, pay your invoices promptly, and pay your employees. You try to
When people invest in a CPA, they often want to know how to get the most value from the CPA’s services. What should they ask? What information should they provide? How involved should
Many people are thinking about opening a franchise these days, and it’s easy to see why. Franchises are a smart business model that allows you to open your own business and be your
This past May, Governor Tim Walz signed a new bill that would entitle Minnesota’s workers to paid time off starting January 1, 2026, making Minnesota the 12th state in the nation to require
Adjustments to federal tax brackets, deductions, credits, and more are not new—they happen every year. This year’s changes are small and are largely related to inflation, but regardless it’s important to be informed
This blog was originally published on January 25th, 2022 but has been updated on January 18th, 2023. Tax season is upon us, which means it’s time to start preparations for your 2022 tax
