Don’t Mix Personal and Business

Don’t Mix Personal and Business

One of the biggest irregularities that I see are the mixing of personal and business expenses. It starts with simply using the business account to pay for every personal expense. There are two things mixing personal and business causes: Your liability protection from...
How To Prepare For Tax Season

How To Prepare For Tax Season

Be Organized I was once asked by one of my clients on how to prepare for the upcoming tax season for their small business. I put it simply as, “being organized.”¬†You need to be organized with your receipts, invoices and any kind of records that you have to...
Should You Charge Sales Tax?

Should You Charge Sales Tax?

Sales Tax is a complicated and tricky matter to tackle. I find this topic always comes up when I’m working with a client on their small business. What Should You Charge Sales Tax For? Sales tax should always be charged to your customer when you sell tangible...
1099 vs W-2

1099 vs W-2

So Which One Should You Use? The 1099 vs Employee classification is a huge topic of discussion among my clients. In this post, I will try to clarify when someone should be paid using a 1099 or a W-2. The Factors That Go Into The Decision There is no exact science as...