Should you Incorporate? The good, bad and ugly about entity selection

Incorporate?  Form an LLC?   Be a sole proprietor?   Selecting the right entity structure is an important issue for every enterprise.    The best choice isn’t always obvious, and it can have a dramatic legal and financial impact on you. Over 75% of business owners chose the path of least resistance; they operate as […]

Is it OK to Pay Workers as 1099 Contractors?

Small business owners are always searching for ways to lower their taxes. One of the most common tactics is to classify workers as 1099 contractors, rather than as W-2 employees. When done within IRS guidelines, classifying a worker as an independent contractor will save your business a significant amount of money in payroll taxes and employee-related […]