Posted inBasics
Understanding an Employee Stock Ownership Plan, And How It Can Benefit Your Business
As a business owner, you might offer a variety of benefits to your employees, including…
Posted inBasics
Get the Lowdown on Different Types of Equity for Your Small Business
There are many different accounts you can use to record equity in your business accounting books.…
Posted inBasics
Basic Accounting Forms for Small Business That You Should Know
As a small business owner, you have many accounting responsibilities, like tracking your business transactions,…
Posted inBasics
How to Avoid Independent Contractor Misclassification and Protect Yourself From Penalties
Independent contractor vs. employee classification Before we dive into more about workers misclassified as independent…
Posted inBasics
What Is a Risk-adjusted Return?
A risk-adjusted return is when you or an investor (e.g., small business angel investors) measures the…
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When FUTA Taxes Are Due
Employers pay their FUTA tax to the IRS either quarterly or once a year, depending…
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What the FUTA Tax Credit Reduction States Are & How It Works
The federal FUTA tax rate is 6% on the first $7,000 paid to each employee.…
Posted inBasics
2018 FUTA Tax Rate & Form 940 Instructions
The Federal Unemployment Tax Act (FUTA) requires employers to pay a tax of 6% on…
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How to Choose Your LLC Tax Treatment
There are a number of factors to consider when deciding which entity type to choose…
Posted inBasics
What Your Responsibilities for LLC Taxes Are
The owners or members of the LLC are responsible for filing LLC tax returns and…