Minding the GAAP
Introduction McDonalds founder Ray Kroc once said, “It’s easy to have principles when you’re rich. The important thing is to have principles when you’re poor.” Small Business owners know that if they don’t have principles, they can soon wind up bankrupt and that their number one job is to protect their business by establishing a strong […]
Tax Tips For The Self-Employed
When you begin earning income by carrying on your own business, there is much to learn. Sole proprietors and independent contractors are two forms of self-employment. One major hit of being self-employed, is the self-employment tax one takes on. This additional tax hit can be up to 15.3%. A Schedule SE, Self-Employment Tax, can be used […]
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