Calling someone a contractor does not make them one. Here is how worker classification is actually judged, and what it costs when the answer comes back wrong.
small business
How Much Should You Pay Yourself? Setting a Reasonable Salary as an S Corp Owner
Pay yourself too little and the IRS can reclassify your distributions as wages. Here is how to set a reasonable salary as an S corp owner, and why mid-year is the time to fix it.
Smart Money Moves for Small Businesses in an Uncertain Economy
You cannot control the economy, but you can control how prepared your business is. Here are practical money moves for small businesses in an uncertain economy.
Can the IRS See Your Venmo, PayPal, or Cash App Transactions?
The 1099-K rules for payment apps changed again for 2026. Here is when Venmo, PayPal, and Cash App report to the IRS, and why your business income is taxable either way.
The Real Cost of Hiring: Why an Employee Costs More Than Their Salary
Salary is only the starting point. Here is what the real cost of hiring an employee looks like once payroll taxes, insurance, and onboarding are added in.
Profit vs. Cash Flow: Why a Profitable Business Can Still Run Out of Money
Your profit and loss statement can look great while your bank balance tells a different story. Here is why profit and cash flow are not the same, and how to manage the gap.
New Child Savings “Trump Accounts” Launch July 4: What Parents and Business Owners Should Know
A plain-English guide to the new Trump Accounts, the $1,000 seed, the $5,000 limit, how to activate safely (and dodge the scams), and what business owners can now offer.
12 Financial Metrics Small Business Owners Should Track
Operating a small business is an exhilarating and, at times, overwhelming endeavor. There are so many details to keep track of that it’s easy to forget about the nuts and bolts of your organization’s finances. Small business owners have a lot on their plate. Whether...