529 College Savings Plan
In this episode, we share some basics about the popular 529 college savings plan, including tax advantages and college costs that can be paid from distributions from the plan.
College costs
What is meant by college “cost of attendance”? We also discuss some things to consider that may lower the cost of college.
Employees vs Independent Contractor Classification
A discussion on employee vs independent contractor classification from a worker's perspective and an employer's perspective.
NFP Financial Transparency
What is financial transparency? and what are the benefits to financial transparency reporting in your nonprofit or business?
The self-employed and social security
We discuss how the self-employed pay social security taxes and report social security earnings vs those who are not self-employed.
Social Security Retirement Basics
In this episode, we discuss social security retirement terminology and things to consider when deciding when to claim your social security retirement benefits.
Basics of SBA Targeted EIDL Advance Program Funding
Under the Economic Aid act passed in December 2020, funding is available to businesses and nonprofits under the SBA Targeted EIDL Advance Program. We explain what it is, how businesses qualify and how the process works to apply for this funding.
Hiring employees, employment taxes and the small business employer
As a small business employer you must properly classify your workers and ensure that your business complies with its employment tax responsibilities. We also discuss a few other key steps in hiring employees.
Small Business Recordkeeping Part 2
We discuss the importance of small businesses keeping good records. In this episode, we discuss the reasons for good financial record keeping and types of documents necessary for a business to succeed.
Small Business Recordkeeping Part 1
We discuss the importance of small businesses keeping good records. In this episode, we discuss the reasons for good financial recordkeeping and types of documents necessary for a business to succeed.