The freelance workforce in the U.S. is growing rapidly. In 2017, 57.3 million Americans freelanced. That number climbed to 73.3 million by 2023, and projections from Statista estimate it will reach 90.1 million by 2028, representing a more than 40% jump in just over a...
Before you can determine whether an individual providing services should be treated as an employee or an independent contractor, you must consider all the relevant facts regarding the degree of control you have over the worker and the amount of independence the worker has....
Despite the rollback of some U.S. federal regulations and considerable political turbulence, the private sector continues to advance the integration of sustainability into their corporate strategies and reporting. In fact, our most recent CFO Sustainability Outlook Survey showed that 91 percent of organizations that are...
Construction is a profitable industry, but there is one major challenge. If you're in an area that's blanketed with cold and snow in the winter, you may have significant periods of downtime for your business. Depending on where you live, you and your workers have...
Wondering what your options are to reduce spending and increase income? Here are some tips:...
There are many benefits to being your own boss, but the first step in starting a new business is picking the right entity in which to operate that business. As discussed below, there are many types of structures available for a new business, and the...
Even a successful and growing small business may be asked for an audited financial statement by a banker, investor, creditor, or buyer. These third parties often want some assurance that the financial statements provided by your business are reasonably accurate and free of any major...
Are you worried about the likelihood of your business being audited by the IRS? If so, there are a lot of preventive red flags that you can keep an eye out for when looking to protect your business from being the focus of an audit....
In a recent announcement, the IRS is reminding would-be entrepreneurs of the importance of understanding the tax implications of setting up their own businesses. To start with, you have to choose a form for your business. Your choice has a lot of implications for taxation...
The small business pages on IRS.gov serve as comprehensive guides for people looking to navigate the entire life cycle of their business as well as their business-related tax obligations....
