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The Wrong Business Entity Can Cost You Thousands in Additional Taxes

Posted by Michael Beauchemin on Thu, Oct 04, 2012 @ 03:10 PM When setting up a business, you have a choice of what type of business entity you would like to select.  Each business entity has its advantages and disadvantages.  The best business entity for you largely depends on several factors: Your personal tax situation, the income…

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Small Businesses Needing More Clients Should Consider Thumbtack

One of the biggest challenges businesses face is finding new clients. Companies spend thousands, tens of thousands of dollars and in some cases for large companies hundreds of millions dollars in advertiser. Often times,, companies buying the advertising do not track the success of the money invested in the advertising.  A better value would be…

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A Win for Businesses – Senate Votes to Repeal 1099 Requirement

Businesses scored a big win yesterday as the Senate voted to repeal the 1099 reporting requirements that was part of the Healthcare bill.  This requirement had been the topic of several blog articles that can be found here, here, here and here.  In these blog articles, we highlighted the devastating impact and high costs that this requirement…

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Is a CPA Important to a Business?

So, you started a business and bought a copy of QuickBooks.  You are going to load up that bad boy on your computer, enter a few numbers and away you go.   You’re all set to keep detailed financial records. Who needs to spend a few hundred dollars a month for the services of a CPA.  You’re…

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