Small Business, Big Ideas

with Jean Willard


Independent Contractor or Employee?

Small business owners often use the services of freelancers, independent contractors, or other small businesses. As a business owner, you might think of these people as independent contractors. But the IRS might not see the situation the same way. One of the most common questions we have to face as small business owners is, who is an independent contractor and who is an employee?

Posted at 02:02 PM | Permalink | Comments


The tax implications of summer fun

The dog days of summer are upon us. The sun is shining bright and hot, and if you’ve planned it right, your kids are occupied at camps and pools. All is perfect. Well, almost. Wouldn’t it be nice to be off work for the summer like the kids are off school? If you’re like many parents, you don’t have this luxury and must figure out what to do with your kids while you’re at work. Let’s think about some options: day care, summer camp, Grandma and Grandpa’s house. While each of these options has different appeals, let’s discuss the tax considerations.

Posted at 08:57 AM | Permalink | Comments


A step back amid uncertainty

This year has certainly brought plenty of questions about how politicians are able to meet their goals. No matter what your political views, I think most of us agree that politics is getting in the way of good reasoning and effective decision-making.

Posted at 12:50 PM | Permalink | Comments


So where’s the cash flow?

Last fall, I completed a charity walk that involved three days of walking to accumulate 50 miles. That walk taught me two things – you can do anything you set out to do, and introspection can be a good thing. One of the things that I thought about on that walk was that there are a lot of very brave people in the world. We are all working toward causes that we believe in, whether they be family efforts, a struggling business, or personal gain.

Posted at 09:08 AM | Permalink | Comments: 2


Phishing schemes and the IRS

Have you ever wondered what you’d do if you got an email from the IRS? We are all concerned about identity theft, and our use of computers puts us at a risk. If you ever receive an unsolicited email from the IRS, please know that it is not legitimate. The IRS does not initiate communication with taxpayers through the use of email. However, if you initiate contact with the IRS via email, the agency may reply to you via email.

Posted at 08:14 AM | Permalink | Comments