We often forget about ourselves because of how hectic our lives have become. So many things need to be accomplished each day and there never seems to be enough time to do it all. Eventually you find yourself working later and later. Then you start putting in time on the weekends. Eventually you are at [...]

Often in business you run into labor shortages. Your business is expanding at a rapid pace. Maybe you’ve won the bidding on a large job. Whatever the reason you are in the position of needing more help and quickly. The question is whether hiring some form of temporary labor is the right thing to do [...]

Being the person in charge can often be very exhilarating for someone experiencing such a feeling for the first time. Whether you are in charge of a project with a team of company employees that are reporting to you or a single employee that you might be responsible for. Either way we all get a [...]

The pressures people face as entrepreneurs can at times become burdensome. You are the boss, the one person within your company that is ultimately responsible for everything that goes on. Sometimes you may feel all alone in the world that makes up your life. And sometimes the pressure can seem overwhelming. Being in business for [...]

Many people choose what kind of business they want to operate based on opportunity. Maybe a friend comes to them with a proposal that seems like a can’t miss opportunity. Some inherit a business from relatives and sometimes people just think they can do something better than the other guy. But if you want to [...]

Many people are not very good at handling money. And if you are just starting a new small business you need to make sure that you handle yours very carefully. New business start-ups are usually underfunded to begin so spending a lot of money up front can ruin you before you’ve really had a chance [...]

There are two types of corporations in the United States. One is known as an S Corporation and the other is the C Corporation. Most corporations today fall under the C category. This category is not just for big businesses either. Small businesses can also be formed as a C Corporation. Usually a C Corporation [...]

So who exactly is subject to the IRS self employment tax? Sole proprietors, partners in a small business and independent contractors are the most common examples of people subject to the self employment tax. But just because you make a couple of dollars selling some stuff on an auction website doesn’t mean you’ll have to [...]