Posts tagged: compliance
Multi-State Sales Tax When You Already Owe It
Economic nexus thresholds have been in effect since 2018. Most growing businesses cross them without noticing. Here is what remediation looks like when you find out late.
Bookkeeping vs. Accounting: The Distinction That Costs You When You Miss It
Bookkeeping is recording what happened. Accounting is interpreting what it means. New businesses routinely get one and expect the other. What falls through the gap.
Business Insurance: What You're Actually Buying
General liability, professional liability, a business owner's policy, workers' compensation. Each covers a different risk. What each type actually does and the failure mode of assuming one covers another.
Why We Use Gusto for Payroll (And What We Checked Before We Decided)
Gusto handles federal and state payroll filings, direct deposit, new hire reporting, and year-end W-2s. What we looked at before choosing it, what it does well, and what it doesn't handle.
Quarterly Estimated Taxes: The Mistake That Compounds
The IRS expects you to pay taxes on income as it's earned. Most first-year business owners miss at least one quarter. The mistake is not catastrophic, but it compounds in ways worth understanding.
What a Registered Agent Does (And Why You Probably Should Not Be Your Own)
The registered agent receives service of process and official state correspondence on behalf of the company. Most people do not think about this carefully. Here is what the role actually involves.
Contractor vs. Employee: The Test the IRS Uses (And How Companies Fail It)
The distinction between an independent contractor and an employee is not made by the agreement you sign. It is made by the actual nature of the working relationship.
Hiring Your First Employee: The Obligations Nobody Explains
Before the first employee starts, a set of legal requirements must be in place. None of this is explained during the hiring process. What you need, in order, before day one.
What Payroll Actually Requires Before You Hire the First Person
The decision to hire an employee triggers a set of obligations that most first-time employers discover after the fact. What needs to be in place before the first paycheck runs.