Thoughts on growing a business, raising money, getting the word out,
and increasing profits. Plus, ZipBooks news!
If you use contract employees (also known as independent contractors, freelancers, or self-employed workers), you know you have to issue them a 1099-MISC if you pay them over $600 in a year. But what’s this new thing called a 1099-K, and what does it have to do with your business? In other words, what’s the […]
Read MoreTaxes can get all kinds of complicated. You have to fill out a series of forms that you don’t understand and then the IRS penalizes you when it’s not done properly. There’s no reason to make things harder than they need to be. So, let’s break down the Schedule K-1 form together. Very basically, a […]
Read MoreIf this is your first year in business, you are about to experience filing taxes as a business owner. This can either be a complete pain or a piece of cake, depending on how savvy you are when it comes to taxes and deductions. When you’re a regular employee, you receive a W-2 form that […]
Read MoreYou may have heard the phrase blockchain before, but we’re going to try to explain what it means so that small business owners that aren’t cryptocurrency gurus can keep up. Blockchain is basically a digital ledger for bitcoin transactions. But what’s a bitcoin? Bitcoin is a brand name (think Kleenex or Band-Aid) that has become […]
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