Our Blog

An ongoing series of informational entries

Closing a Business

August 27, 2017

There is more involved in closing your business than just locking the doors.  This section provides procedures for getting out of business, including what forms to file and how to handle additional revenue received or expenses you may incur...

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Business Taxes

February 14, 2017

The form of business you operate determines what taxes you must pay and how you pay them...

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Independent Contractor (Self-Employed) or Employee?

August 27, 2017

It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors...

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Employer ID Numbers

January 15, 2017

Do I need an EIN?  You will need an EIN if you answer "Yes" to any of the following questions...

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Business Structures

August 27, 2017

When beginning a business, you must decide what form of business entity to establish.  Your form of business determines which income tax return form you have to file.  The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.  A Limited Liability Company (LLC) is a business structure allowed by state statute.  Legal and tax considerations enter into selecting a business structure...

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