Wednesday, June 24, 2015

Employee Versus Independent Contractor: The Pros & Cons

Let’s look at hiring an employee versus independent contractor including the pros and cons.
If you are wondering if you should hire full time employee or use independent contractor, don’t make the mistake of thinking they are basically the same thing. They aren’t. READ MORE

Tuesday, June 9, 2015

Business Closing Checklist

There are important actions that must be taken when closing a business. These filing need to be filed through an annual return for the year you go out of business. If you have employees, you must file the final employment tax returns, in addition to making final federal tax deposits of these taxes. Also attach a statement to your return showing the name of the person keeping the payroll records and the address where those records will be kept. There are other items on the business closing checklist. READ MORE