June 30th is the half point of the year! Why not take a proactive view on your tax forms and review your employee and subcontractor. It is a great time to do a small business mid year review to look at your 1099-misc. subcontractors and your Employee W-2 information to make sure everything is in order. Check the following information: Official name of the subcontractor company, Employer Identification Number and addresses are correct. Subcontractors social security numbers are correct. … [Read more...]
How To Make Your Budget More Effective
Control your small business through budgeting is crucial to manage any small business. Every small business needs to check their incomes and expenses to make sure they have enough funds to do everything they want to do AND that needs to be completed. This is how I started an effective budget for my business. First, decide what software to use, like QuickBooks or Quicken or an online app that is reliable. Then, setup the file. Follow the instructions. They usually have step by step questions … [Read more...]
