Category Archives: Tax

23 Jan 2017
Self Employed

Taxes for the Self-Employed – What You Need to Know to Avoid Audits

If you’ve been self-employed for any length of time, then you’ve probably heard the horror stories about fellow business owners being audited.  In fact, the IRS tends to pay close attention to sole proprietorships of all sizes and is particularly tough on businesses that deal mainly in cash. Offering decades of industry experience, the team
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17 Jan 2017
Tax deductions

Top 10 Tax Deductions for Self Employed

It’s no one’s favorite time of the year.  After the New Year, many small business owners start anticipating the dreaded end of the fiscal year, also known as tax season.  And while finding the money to pay Uncle Sam can be tough for the cash-strapped small business owner, there are some ways to minimize the
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11 Dec 2016
W2-vs-Independent-Contractor

Key Differences Between a W-2 and a 1099

As another tax season approaches, you might be wondering about the various responsibilities that await your small business. From deciding what deductions are valid to determining what forms to fill out, the stress level is often high for those who run their own companies. Fortunately, Accurants is here to help. Here are some of the
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30 Sep 2016
Payroll

Understanding the Basics of Payroll

If you’re the owner of a small business, the odds are good that the following statement is familiar: You couldn’t do your job without your employees, but sometimes dealing with your employees can feel like a job. Rarely is this more accurate than in the world of payroll.  Referring to the steps and processes involved
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29 Jul 2016
Hiring your Child for your Business

5 Reasons Why You Should Hire Your Child For Your Small Business

Wondering how to keep your kids busy during the summer months? If you’re a small business owner with older children, you might want to think about bringing them onto the payroll. While we’re not advocating for making your kids work 40 hours a week, a little time at the family shop or office can be
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