Do you pay independent contractors? The IRS and labor departments are lovin’ them some audits right now.
In the new economy, nearly 1 in 3 people are working as independent contractors, and the number is growing. Worker misclassification has become a hot issue for the IRS and state labor agencies because many entrepreneurs and small businesses apply the wrong standards when determining whether they can pay someone as independent contractor. Labor audits are increasingly […]
If you were working with Hustle Creative, your tax prep would be nearly complete by now. Check out our services below and get in touch to see how we can make your financial life a breeze. BASIC –$150/month. Great for part-time businesses, individuals, and start-ups. Save money by capturing expenses and income throughout the year […]
There are great reasons to incorporate: to define the terms of a partnership, and to protect your assets. If you are going into business yourself, then you should assess the risks of the business you are entering, and whether or not you have assets worth protecting. Most people just starting their business likely do not […]
Effective companies have set procedures to promote consistency and reduce wasted time. We specialize in creating agile operational procedures that fit your particular way of doing business, whether it’s a traditional office setting or on-the-go from a smartphone. Areas of expertise include: Sales Day-to-day operations Billing Payroll Expense tracking Bill Pay Project Management You’ve been […]
Paper is temporary and expensive. You can manage it, or it can manage you. On average: • It costs $5 to file a paper document, and then $20 to find it later. • It costs $250 to reproduce a paper document (text, graphics, photos, layout). The average typing speed of the business user is < […]
Filing legal forms with the city of New York can be an opaque and frustrating process. Services like LegalZoom will do some of the work for you, but it can be pricy. Here’s a step-by-step guide on filling out and filing Form x201, Certificate of Conducting Business Under An Assumed Name For An Individual. If you’re not sure whether […]
Financial records are the first thing potential lenders and investors want to see. Inaccurate or disorganized business records make it difficult to file your taxes, or can lead to hefty fines from the IRS. The first step in growing your business is getting your money under control. You’ve been hustling hard. Time to Hustle Creative. […]