Monthly Archives - March 2018

Employee or a Contractor?,..Tips for Businesses Owners to Identify and Classify

A business may pay an independent contractor and an employee for the same or similar work, but there are important legal differences between the two.  For the employee, the company withholds income tax, Social Security, and Medicare from wages paid. For the independent contractor, the company does not withhold taxes. Employment and labor laws also...

Prescription for Business

As March begins, what is your Prescription for Business? We would like to share with you some of the things business owners can be doing to improve their business… 1) At the beginning of each month, you should be reconciling your accounting system. For example, after all bills are...