The following is a recommended list of items for setting up your new business. Decide on a business name Choose your business name and...

The tax benefit of operating as a S-Corp come into play when business profits exceed a reasonable salary for the owner. Business owners...

There are a few different scenarios for issuing 1099s to contractors: Foreign contractors working outside the US - a 1099 does not need...

Possible deductions include: HEALTH INSURANCE - conditional, based on whether a self-employed individual is qualified to join their...