When it comes to investing in a franchise, if it’s run properly, some of the main pros are the fact that everything is practically laid out for the franchisee. They figure out all of the ins and outs as they already have: a credit card processor set up, software to track your orders from [...]
Some assumptions that y'all had about accountants are that they hate their jobs, are perfectionist, and their jobs are boring. it's good that they worked really hard and negative stereotype would be that they could be boring well boring I am NOT shocked by that at all because that's exactly what I [...]
If you have your own business and you’re making money, you’re probably giving some of that money to your children. That could be by giving them an allowance every month, savings account, or paying for their college, etc. By hiring your kids in your business, you could be giving them that “allowance” or money [...]
What is an LLC? An LLC is a entity structure where the owners are not personally liable for the company's debts or liabilities. What is an S Corp? An S Corp can be set up either as an LLC or a corporation. Then the IRS tax election can be made to adjust how the [...]
If you own a business you know that when hiring independent contractors, a 1099 form must be given to them by the end of the year. A 1099 form is used to report to the IRS how much money was paid to that contractor throughout the year. It’s important to note that a 1099 [...]
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hello everyone I'm Andrea and I'm here with sherry Tolbert and today we will be talking about the new tax codes impact on divorce. The high income tax payer typically had to pay alimony to the lower income tax payer, so the higher income, the higher income tax payer got to deduct that [...]
For me or any business owner you know I think the franchises are really special at laying out how to do things, so I would think that if you are a person who doesn't like to be told what to do and how to do it, then it would not be that [...]
it's nice to have that because you just don't know what the year is gonna bring exactly and it's much harder to get a line of credit when things are going badly that's true so you should have one if things are going fine and then you have that back up so you [...]
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