You are in the category: Entrepreneurship

How to distinguish between an employee and an independent contractor

For tax purposes classification matters The Internal Revenue Service has laid down specific guidelines that explain how to distinguish between an employee and an independent contractor. At times, these guidelines still do cause some consternation, for both employers and for employees. While some... More

How to prepare a 1099 for a contract worker

The Internal Revenue Service (IRS) requires that those who hire freelance contractors are required to report their earnings on an annual basis. Each contractor's earnings must be reported if they exceed $400. The IRS has made filing simple for those who use electronic filing or they may be filed... More

How to Make Extra Income

Generating ideas for both short-term and long-term income streams   Normal 0 false false false EN-US X-NONE X-NONE When you train yourself to look for opportunities, it is amazing how much income you can make while solving the problems of others. Regardless to whether it's... More

How to write a business plan

Plan for success Many great ideas for business never get off the ground; others start with enthusiasm only to slowly crumble away. A business plan provides a roadmap for you to follow to take your idea and turn it into reality. Eighty percent of the effort required in writing a business plan is... More