Starting a business is exciting, but it can also be confusing and daunting. If you’re unsure if you should create an operating agreement for your limited liability company (LLC), the answer is yes. Do you need one? 100%. Absolutely. Every business that registers an LLC should create the operating agreement while in the very early […]
Most people borrow money or take out a loan at some point in their life. A car loan, a mortgage to finance a home purchase, a student loan to cover tuition and other education fees, or a short-term bank loan to cover any number of planned or unexpected expenses, we all borrow money at some […]
To avoid unwanted Internal Revenue Service (IRS) penalties, it’s important that employers complete W-4 and W-2 forms at the end of each tax year. However, knowing what each form’s requirements are and the differences between them can be challenging. This is especially true for a small business without a large payroll department. This article will […]
If you’re looking for a new place to rent, you will most likely be required to show proof of income to your potential landlords. There are many ways you can demonstrate this proof of income, pay stubs being the most common. Keep reading to learn how to get pay stubs as proof of income for a new […]
As a small business owner, calculating payroll yourself can be challenging and complex. Payroll not only involves paying your employees, but it also requires you to keep up with the latest labor and tax laws. To prevent serious problems when running payroll, you must understand how to set up an accurate payroll system and the […]
If you are in the market for a new car, you may be considering applying for an auto loan. Not everyone understands how auto loans work, including how banks verify income for an auto loan. If you have a less than impressive credit score, your income is the first thing that banks look at when […]
As a yoga teacher, you are tasked with helping people relieve stress and find inner peace. Unfortunately, tax season can be stressful for everyone, and yoga instructors are not exempt. Luckily, with a little preparation, tax season for yoga instructors can be easy to get through. Keep reading to discover some tax tips for yoga […]
Uncover the essentials of a paystub with our detailed guide. Learn what a paystub includes, why it’s crucial for financial tracking, and how it impacts both employers and employees. Ideal for anyone seeking to understand their earnings and deductions clearly.
Self-employment can be a very fulfilling career choice. However, although you have more control over your working hours and income, you also have more responsibility when it comes to taxes. As a self-employed taxpayer, it is important to stay up to date with tax deadlines, especially if you have to pay quarterly estimated taxes; otherwise, you […]
Every year, tax season seems to creep up and end just as quickly. With the stress (or excitement) associated with filing a tax return, it’s easy to get caught up and throw your tax documents away, forgetting to store them for future reference. Before you relax after completing your tax return, make sure that you know […]
