Having a W-2 job and a side business is a smart way to build something of your own. It can also create tax surprises if you’re tracking your side gig’s income and expenses casually....
Internal controls are one of the most useful tools a small business owner can put in place. They help reduce mistakes, improve accountability, and support more reliable financial reporting....
As seen in the Wall Street Journal! KRS CPAs has been named a 2026 Best and Brightest Company to Work For® in the Nation, as recognized by the Best and Brightest program and shared by the Wall Street Journal....
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...
