by Candy | Nov 15, 2019 | Taxes
In a traditional job, an estimation of your federal and state income tax, as well as social security and Medicare taxes are taken from each paycheck. At the end of the year when you file your tax return, you will either receive a refund for the overage of taxes you...
by Candy | Nov 12, 2019 | Business, Community
Hiring a new employee can be a difficult process. Between attracting the right applicants, sending them through a screening process, and scheduling interviews, it takes a lot of work to find the right person to fit the role you’re trying to fill. By the time you...
by Candy | Nov 8, 2019 | Business
You’ve completed a job and sent out an invoice via PayPal when you get a message from your client asking, “Can I pay you through Venmo?” This scenario is becoming increasingly more common for small business owners. For anyone who is unaware, Venmo is an app that...
by Candy | Nov 5, 2019 | Business
Residual and passive income are often discussed in the online business world. In business, the two terms are used semi-interchangeably to refer to revenue that is automated. However, in the financial industry, the terms actually denote two very different things....
by Candy | Nov 1, 2019 | Business
As a business owner, you’ve most likely heard that having multiple streams of income is vital to growing and scaling your business. While having money coming in from many different places sounds ideal, knowing how to get started can be daunting. In this article, we...
by Candy | Oct 29, 2019 | Sales Tax
Unless you live in one of the five states that do not impose sales tax, the concept of paying a percentage of the purchase price of an item as tax is not a foreign concept. Sales tax is easily collected by sellers and paid by buyer since its rules are so...
by Candy | Oct 25, 2019 | Business
Taking the leap from “side-hustler” to “full-time freelancer” can be both exhilarating and terrifying. While being an entrepreneur is incredibly rewarding, it also has its pitfalls. Not having a regular paycheck or benefits can be a huge deterrent for many people who...
by Candy | Oct 22, 2019 | Business, Taxes
Being an entrepreneur comes with its own unique set of tax challenges. Self-employment taxes can seem complicated and overwhelming, but they actually boil down to four important categories. According to Accounting Web, the following four key issues are vital for...
by Candy | Oct 18, 2019 | Taxes
Benjamin Franklin famously penned that “in this world nothing can be said to be certain, except death and taxes.” This tongue-in-cheek idiom has become a popular lament that seems to resurface each tax season. Small business owners, especially, are affected by its...
by Candy | Oct 15, 2019 | Bookkeeping, Business
In order to fully maximize the efficiency of your company’s fiscal recordkeeping, you may choose to hire both a CPA and a bookkeeper. While it may be tempting to try to hire one person to manage all of your financial matters, a CPA and a bookkeeper each have unique...
