There’s been a lot of talk in the news recently about Congress raising taxes on the wealthy. Regardless of what the final legislation looks like, high earners can expect some […]
Category: Legal
Everything You Need to Know About Chapter 13 Bankruptcy
Bankruptcy is a last resort for most business owners, but sometimes it’s the best option. Filing for bankruptcy can protect you from your creditors, but it’s a complicated process with […]
LLC Advantages for Freelancers and Small Businesses
Choosing an entity structure for your business is not an easy call. You have a lot of options to choose, but LLCs are one of the most popular. We’ll cover […]
Best Invoicing Software for Freelancers and Independent Contractors
Businesses can’t survive unless they’re making money, and invoicing software can help you get paid quickly and efficiently. However, there are dozens of invoicing services on the market, and it’s […]
Can a Holding Company Protect Your Airbnb Assets?
Owning a business is very rewarding. However, you could lose everything if you run into legal troubles. For example, creditors could come after your Airbnb properties to cover an old […]
5 Things You Should Include Your Articles of Organization
Articles of organization play an important role in how you formally set up your business. This document outlines your business’s fundamental information and registers it with the state. You must […]
How to Calculate Profit Margin and Improve Profitability
Business owners need to understand their revenues and earnings to make effective business decisions. However, it’s not easy to keep track of this information manually because unanticipated expenses often come […]
How to Apply for Paycheck Protection Program Loan Forgiveness
The coronavirus pandemic forced many businesses to close their doors. Unfortunately, the lockdown has a disproportionate impact on smaller firms. Congress recently passed the Coronavirus Aid, Relief, and Economic Security […]
How to Calculate Amortization Expense for Tax Deductions
Amortization is a term you’ve probably heard a few times, but it’s a little tricky to define. To complicate things more, it has more than one meaning in the financial […]
What is a W9 Form and How to Get One
If you work as an employee, your employer automatically withholds money to cover your taxes. However, freelancers and independent contractors need to handle their own taxes. If you’ve been freelancing […]