While many childcare centers open up a separate place of business outside of their home, there are more than one million childcare providers who elect to offer services in their own homes to take care of children so long as they do so in accordance with their state laws. If they pursue this route, they […]

While many childcare centers open up a separate place of business outside of their home, there are more than one million childcare providers who elect to offer services in their own homes to take care of children so long as they do so in accordance with their state laws. If they pursue this route, they […]

Many handymen are solo operators and are considered to be independent contractors or self-employed and can still benefit getting an EIN. This means the IRS does not require them to have an EIN, or employer identification number. However, business owners should consider getting an EIN anyway, because it can prove to be a real asset […]

Many handymen are solo operators and are considered to be independent contractors or self-employed and can still benefit getting an EIN. This means the IRS does not require them to have an EIN, or employer identification number. However, business owners should consider getting an EIN anyway, because it can prove to be a real asset […]

Home health care businesses allow their owners to earn a living while also making a difference in others’ lives through medical or non-medical care. Both roles are essential for people with age-related conditions, disabilities, illnesses, and injuries. Building a home health care business involves a lot of hard work, including tasks common to all businesses, […]

Home health care businesses allow their owners to earn a living while also making a difference in others’ lives through medical or non-medical care. Both roles are essential for people with age-related conditions, disabilities, illnesses, and injuries. Building a home health care business involves a lot of hard work, including tasks common to all businesses, […]

You’ve probably already heard about an Employee Identification Number (EIN) if you’re self-employed. Instructions for starting your own business commonly advise you to complete paperwork like obtaining the appropriate licenses and insurance, along with obtaining an EIN online.  Certain businesses may be required to obtain an EIN before they can legally operate, which is generally […]

You’ve probably already heard about an Employee Identification Number (EIN) if you’re self-employed. Instructions for starting your own business commonly advise you to complete paperwork like obtaining the appropriate licenses and insurance, along with obtaining an EIN online.  Certain businesses may be required to obtain an EIN before they can legally operate, which is generally […]

Businesses of all sizes can utilize an EIN. Most will be required to obtain an EIN (FEIN), but a smaller percentage of business owners can elect to use their SSNs instead. However, there are many benefits for all businesses to obtain an EIN, even if not required under federal or state tax laws. Whether or […]

Businesses of all sizes can utilize an EIN. Most will be required to obtain an EIN (FEIN), but a smaller percentage of business owners can elect to use their SSNs instead. However, there are many benefits for all businesses to obtain an EIN, even if not required under federal or state tax laws. Whether or […]

Tax-paying entities must associate their tax returns with a unique identifier, such as a tax ID or Employer Identification Number (EIN), when filing their returns. In the case of individuals, this is usually their Social Security Number (SSN), but organizations typically use an EIN. This guide explores how tax IDs and EINs work and why […]

Tax-paying entities must associate their tax returns with a unique identifier, such as a tax ID or Employer Identification Number (EIN), when filing their returns. In the case of individuals, this is usually their Social Security Number (SSN), but organizations typically use an EIN. This guide explores how tax IDs and EINs work and why […]

Coffee shops are a great business model offering entrepreneurs terrific opportunities. You can open a café, franchise an existing brand (e.g., Dunkin’), operate a mobile coffee shop, or lease a kiosk or small space in areas such as hotels, malls, or other locations to sell coffee. The coffee market in the U.S. is profitable and, […]

Coffee shops are a great business model offering entrepreneurs terrific opportunities. You can open a café, franchise an existing brand (e.g., Dunkin’), operate a mobile coffee shop, or lease a kiosk or small space in areas such as hotels, malls, or other locations to sell coffee. The coffee market in the U.S. is profitable and, […]

Freelance writing is a growing industry. According to the Bureau of Labor Statistics, this job niche is expected to grow 4% through 2032, which is at an average rate when compared to other types of jobs. While freelance writers are most often independent contractors, like any other type of occupation, they need to pay taxes […]

Freelance writing is a growing industry. According to the Bureau of Labor Statistics, this job niche is expected to grow 4% through 2032, which is at an average rate when compared to other types of jobs. While freelance writers are most often independent contractors, like any other type of occupation, they need to pay taxes […]

An estate is a legal entity formed at the time of an individual’s (“decedent’s”) death and consists of all assets. Essentially, an estate equates to an individual’s net worth, which is distributed upon a person’s death. This includes, but is not limited to personal property, real estate, motor vehicles, boats, cash, and other items of […]

An estate is a legal entity formed at the time of an individual’s (“decedent’s”) death and consists of all assets. Essentially, an estate equates to an individual’s net worth, which is distributed upon a person’s death. This includes, but is not limited to personal property, real estate, motor vehicles, boats, cash, and other items of […]

A challenge all business owners face is failing to correctly file their taxes and not knowing their tax liabilities. In fact, many owners suffer anxiety and stress over it. Aside from the complexities of doing taxes, there is the issue of errors. Making tax mistakes can come with significant consequences, such as audits, fines, and […]

A challenge all business owners face is failing to correctly file their taxes and not knowing their tax liabilities. In fact, many owners suffer anxiety and stress over it. Aside from the complexities of doing taxes, there is the issue of errors. Making tax mistakes can come with significant consequences, such as audits, fines, and […]