Whether you’re an independent contractor, a business owner, or a common-law employee who has to report another form of income, the IRS Form 1099 is there to cover almost all bases. From freelancing income, stock dividends, and even abandoned properties and canceled debts, there are a lot of different forms for different incomes to declare. What are the Top 10 1099 Tax Write-Offs Everyone Should Know? Continue reading What are the Top 10 1099 Tax Write-Offs Everyone Should Know?
Making a website accessible is important for many reasons. Not only is it the right thing to do, but it can also help you attract and retain customers. What makes a good website accessible? Continue reading What Makes a Good Website Accessible?
It’s a good practice to get a W-9 form whenever you engage an independent contractor. When you request a W-9 form, you are indicating to freelancers that you plan to keep your business dealings formal. What is a W9 Form and Why would a business request one? Continue reading What is a W-9 Form and Why would a business request one?
We know that a good Return on Invested Capital is required to attract investors, but we also need our cost of capital (i.e. debt interest) to be lower than our Return on Invested Capital (what we do with investor money). The idea is to find cash for as little as possible and then invest it in projects within your company that will return as much as possible for less than the cost of capital. What is the weighted average cost of capital (WACC) and how is it calculated?
The coronavirus (COVID-19) pandemic has hampered small businesses around the world — and your company is no exception. Like many small businesses, your company may be managing business income loss and struggling to stay afloat during the pandemic. Learn how to save your struggling small business. Continue reading How to Save Your Struggling Small Business
Debt has been a vilified aspect of finances for a very long time. Still, it will be naive to think that it is not a necessary part of running a business. When managed wisely, a short-term business loan can help you expand and hire new employees. How do businesses manage debt? Continue reading How Do Businesses Manage Debt?