Did you know that 68 million employees don’t have a retirement savings plan at all? This is often due to the fact that their employers — often small businesses — don’t offer employer-sponsored retirement plans. And small businesses aren’t eager to offer retirement plans for employees, either because they don’t know how to go about doing it or they can’t afford to.
Taxes may be the last thing you want to think about as a freelancer, but they’re still really important to pay attention to. Looking back, did you maximize your business expenses and keep your accounts in order? If not, there’s still time to set yourself up for success come tax time next year.
Whether you plan to create a crowdfunding campaign, pitch venture capitalists or investors, take out a small business loan, or use your own savings, there are strategies to succeeding in your efforts. Here we have 10 tips guaranteed to make your startup funding a success.
Launching a startup is one thing, but finding funding enough to keep it going through those difficult growing pains can be quite another. If you start a business without enough cash for at least the first year, you could be setting yourself up for failure. Fortunately, there are several funding options for you to consider.
Our CEO, Nellie Akalp, has been busy sharing her advice with soon-to-be entrepreneurs! She's given tips on keeping a business compliant, boosting your bottom line, and incorporating for freelancers. Take a look:
When it comes to filing your small business taxes, it can seem overly complex. After all, what qualifies as a deduction? Are you filing as the proper status? Don’t let tax season overwhelm you. Believe it or not, the IRS isn’t out to get you, but they do want you to play by the rules. These tips will help you alleviate the stress you feel this time of year and help you maximize your refund.
Welcome 2014! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2014 is no different. From health savings accounts to retirement contributions and standard deductions, here's a checklist of tax changes to help you plan the year ahead.
Whether you're a wiz at managing your finances or you look at it equal to getting a shot in the you-know-where, when you work for yourself, how you handle your finances can make or break your business. Here are seven tips to help you get on top of your company’s financial situation.
Now that your 2012 taxes are history, it’s time to breathe a sigh of relief. Another tax day has come and gone. And if you’re self-employed and operating as a sole proprietorship or a partnership, you dutifully filled out your Schedule SE and paid your self-employment taxes. I bet it made you wonder where all your hard-earned money went.
If you’ve never stopped to consider the big-picture future of your business, take a moment to do so now. Maybe you’ve been focusing so much on simply surviving, or on growing your business, that it hasn’t occurred to you to determine how you’ll leave your business, should you decide to down the road.