WHAT ARE THEY? AND HOW CAN WE GET MORE OF THEM? tax deduction / taks dih-duhk-shuhn / noun : A purchase of something “ordinary and necessary” for your business, and the subsequent use of that amount to lower the taxable income you have made. See what the IRS has to say HERE […]
Who’s a 1099? Am I a 1099? (maybe?) What is a 1099? Contract labor is an area that is often fuzzy for creatives. Let’s start with the basics: If you pay someone to do something for your business who isn’t your employee and is not a corporation you could have a 1099 situation […]
