Day: October 8, 2014
The Sharing Economy and Small Business
In recent years, many workers have found new ways to earn a living, becoming their own bosses as they enjoy a freelance lifestyle. Whether they’re offering rides to the airport through Lyft or Uber, or running errands through TaskRabbit, people are redefining the way they earn a living and blazing a trail for future generations. But there are downsides to working this way. For freelancers, the unpredictability of work and changing pay structures make itRead More
Small Business Structure Basics: Proprietorship, Partnership, Corporation
Of all the decisions you make when starting a business, probably the most important one relating to taxes is the type of legal structure you select for your company. Not only will this decision have an impact on how much you pay in taxes, but it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money. The most common forms of smallRead More