Category: Business

What you need to know about the new 1099-NEC

If you own a business or are a freelancer/subcontractor to businesses, you are most likely very familiar with the 1099-MISC form.  This form has been used for the past 30+ years to report certain payments including payments to subcontractors, freelancers, service providers, landlords and attorneys. As if there haven’t been enough changes in 2020, there… Read More »

When An Expense Isn’t An Expense

  As business owners and freelancers, we pay a lot of different vendors for a lot of different things.  Most of these payments wind up on our Profit & Loss / Income Statement as expenses.  But there are a few that do not.  And these are usually the ones I get asked about.  “Why isn’t… Read More »

5 Reasons You Should Take Time Off

“I haven’t had a vacation in years.”, is a sentence I’ve heard many clients and potential clients state throughout the years I’ve been in business.  As a small business owner myself, I understand how difficult it can be, especially if you are a one-person operation, to take time off.  You feel guilty that you’re thinking… Read More »

Three Major Time Wasters for Business Owners

Time Management = Cash Management We’ve all heard the saying “Time is Money.” This is especially true when it comes to running your own business. As the main income producer in your business, it is essential that you work efficiently and effectively. Spending too much time on non-income producing tasks can have a negative effect… Read More »