Self Employment
What Should Your Salary Be?
One of the more difficult things to determine as a small business owner is what your salary should be. Setting your own salary can be a tricky task, especially in markets that see highs and lows. Determining your salary depends a lot on the development stage of your business and how it’s doing. If your [...]
IRS Audit Red Flags, Part 4
In the previous installment of this series, we looked at three issues affecting both individuals and businesses that can raise a red flag with the IRS and trigger a tax audit. In this last installment we address two issues that often get red-flagged by the IRS due to the complexity of the issues, Self-Employment and [...]