What Is an IRS 1099 Form? Top Things to Know, Who Gets One

You’ll get many forms when it’s tax time, but one you might not be familiar with is the 1099. Last year more people went off and did their own thing either to make more money ...

Why Some Businesses Don't Accept Personal Checks

Based on the findings of the Federal Reserve Payments Study (FRPS) issued on December 2021 there has been tremendous growth in customer payments via cards and ACH, and there has b...

Profit Margin Formula: How to Calculate It

Commentaries are rampant about a business failing or a very small portion of it being profitable. The discussion then pivots to how to track the health of the business continuousl...

EIN vs TIN: The Vital Differences You Need to Know in [2024]

When it comes to taxation in the US, there are different numbers that the state uses to identify people. These include Social Security Number (SSN), Employer identification number...

EIN vs TIN: Key Differences Every Business Owner Should Know

When it comes to taxation in the US, there are different numbers that the state uses to identify people. These include Social Security Number (SSN), Employer identification number...

New Jersey Minimum Wage – 2022

With the New Year approaching, employers in New Jersey can prepare themselves for impending changes to the minimum wage requirements of the state. In 2019, Governor Phil Murphy ha...

What is the Difference Between W-2 Employees and 1099?

Due to this expense, most small business owners are confused about hiring W-2 or 1099 employees for specific positions. There are significant differences between the two types of ...

How to Write a “No Refund Policy” for Your Business? [year] Update

Customers expect most businesses to offer a dedicated refund policy that explains when, how, and under what circumstances they can return the products or services they bought.&nbs...

Want to Go Into Business? Here Are The Best Cheap Franchises to Start

Starting a business from scratch and developing a customer base and brand recognition is challenging. Opting for a franchise can be one of the best alternatives. When you invest i...

Category: Small Business and Entrepreneurs