Articles for business owners to read. Get caught up with the recent business trends to attract more customers. Regardless of what kind of business you operate, find ways to expand your business’ capabilities.
Planning a wedding is expensive, and when it comes to the honeymoon, many couples wonder if there’s a way to lighten the financial load—cue the intriguing idea of a honeymoon on business expense. At first glance, the concept of turning a romantic getaway into a tax-deductible trip might sound like the ultimate travel hack, but … Read more
As streaming platforms like Twitch, YouTube, and Facebook Gaming continue to grow in popularity, more and more individuals are becoming professional streamers, earning income from subscriptions, donations, advertisements, and sponsorships. However, a common question many new streamers ask is, do streamers pay taxes on their earnings? The answer is yes. Streamers, like any other content … Read more
When managing business expenses, many entrepreneurs, freelancers, and small business owners look for ways to reduce their taxable income. One common question is, “Can you deduct credit card interest for business?” The short answer is yes, but only if the credit card interest is tied to business expenses. While credit card interest can be a … Read more
Navigating Instacart 1099 taxes can be a daunting task for gig workers, but understanding the process is essential for avoiding penalties and maximizing your earnings. As an independent contractor for Instacart, you are responsible for reporting your income and paying self-employment taxes, which include Social Security and Medicare contributions. The Instacart 1099-NEC form is issued … Read more
Independent contractors, also known as 1099 contractors, are responsible for paying their own taxes since they are not classified as employees. Unlike traditional employees who have taxes withheld by their employers, 1099 contractors must calculate and pay their taxes directly to the IRS. This includes federal income tax, state income tax (if applicable), and self-employment … Read more
In Indiana, the question of whether a new employer can ask about your previous salary remains a significant topic as pay equity advocates push for legislative reform. Unlike many states that have enacted salary history bans to prevent employers from requesting or relying on past compensation information during the hiring process, Indiana currently has no … Read more
As the movement for salary transparency gains traction across the United States, more states are implementing laws that require employers to disclose salary ranges and compensation details in job postings. These laws aim to create a more equitable workplace by ensuring that potential employees have access to critical information about pay before accepting job offers. … Read more
When it comes to how to handle PTO for salaried employees, implementing a clear and comprehensive policy is crucial for both employers and employees. Salaried employees often have different needs and expectations regarding time off compared to hourly workers, making it essential to tailor PTO policies that reflect their roles and contributions. A well-structured PTO … Read more
When an employee decides to leave their job, whether voluntarily or involuntarily, one of the pressing questions that often arises is, “What happens to accrued vacation?” This article titled “What Happens to Accrued Vacation When You Leave?” will explore the various factors that determine whether employees are entitled to compensation for unused vacation days upon … Read more
In Vermont, the question of whether employers must pay out accrued paid time off (PTO) upon termination is a nuanced one. So, Does Vermont Require You to Pay Out PTO After Termination?”. Our article will clarify the legal framework surrounding PTO payouts in the state, highlighting that Vermont does not mandate employers to compensate employees … Read more