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Are You Classifying Your Employees Correctly?

Posted by Marcelino Dodge on
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Business
Are You Classifying Your Employees Correctly?

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Many employers are looking for ways to save money on employment taxes. Is it wise to try and pay individuals doing work for you as contractors? Or, is it better to just pay workers as employees? Is this a good idea to save some money? The Internal Revenue Service and many state departments of labor have tests that determine whether an individual is an employee or an independent contractor. I will discuss these tests and what the potential consequences could be for businesses that fail to properly classify and pay their employees. The costs to your business of not properly classifying your employees can be very devastating. This is not a chance that businesses should take.

Click here and get this vital information that all business owners need to know.

What Do I Do With These 1099’s? NEC? MISC? K? Letters Mean What?

Posted by rstapholz on
0
Empowerment
What Do I Do With These 1099’s? NEC? MISC? K? Letters Mean What?

You received your W-2 and some bank interest. Thinking you have all your forms you go to the tax professional and have your taxes filed. Then, the day after your tax return is sent to the IRS a form 1099 with the letters “NEC”, “MISC”, “K”, or some other letter appears in your mailbox. What do you do? Is there anything you need to do? Should you have been expecting the form? Is the form correct? As these questions pass through your mind you think back to 2021 and finally figure out what could have generated the 1099. But, what do you do now? Having a tax professional, not just a tax preparer or a “tax expert”, working with you could have prevented this unexpected surprise. Learn how to deal with these now and how to prevent such surprises in the future.

Click Here for the complete story…

Building a Brand Ethos – It’s Personal

Posted by Editor on
0
Business
Building a Brand Ethos – It’s Personal

This week’s episode of The Brand Ambassadors continues the discussion of workforce engagement and motivation. Hosts Merritt and Gary welcome guest Jeffrey Candelaria of Konnection Now. Jeffrey helps businesses get the most from their employees by deploying Authenticity and Action. We’ll talk about how to demonstrate executive commitment, foster employee buy-in, and drive improved operations through authentic communication.

Join us at 9 am EST this Friday for The Brand Ambassasors!
www.voxoptima.com
www.KonnectionNow.com

Making the Leap: Navigating the Transition from Employee to Small Business Owner

Posted by Editor on
0
Business
Making the Leap: Navigating the Transition from Employee to Small Business Owner

Paul Brashier

Paul Brashier spent 23 years as an executive in finance and accounting, but two years ago he decided to pursue a long-held dream to own his own business. He and his wife, Kathryn, acquired Snelling’s Huntsville-based franchise which specializes in executive search and employment solutions. Transitioning from a career as an employee to owner brings both excitement and challenges. From the fun: setting strategy, identifying growth opportunities, devising a marketing plan, celebrating wins, and managing a diverse team. To the more demanding: Building an infrastructure, managing costs, working with the former owner, and developing incentive plans. Paul was accustomed to wearing many hats from his prior roles, but owning and managing a business required him to take that talent to a whole new level. To Learn more Tune into The Business Edge.

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