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Tax Tip: Independent Contractor (1099) versus Employee (W2)

This question seems to come up more often than not - Am I (should I be considered) an independent contractor  or an employee?  The answer to this question is critical for both the employee (who could lose benefits, such as the right to claim unemployment, and incur...

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How To: Correctly Setup Sole Proprietorship

Before delving into the topic, I think it would be helpful to actually define what is a "sole proprietorship".  It is a business represented by a single individual without benefit of a separate legal entity (for example, corporation). This business "entity" type tends...

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Change of Focus – 2 Cents Blog

Not literally a change, per se, but more like an expansion of focus... As I have grown as a business owner and grown as a blog writer, I have found that I'd like to write more about growing a small business, as a whole, instead of just the accounting/financial aspect...

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End of Summer Reading List

I tend to read a lot (or at least I try to). Lately, I have been reading more thing online instead of off-line but I wanted to remind my fellow entrepreneurs and business owners that learning does not stop when you get a diploma or a degree. Learning continues until,...

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Q&A: Need Help With Client Engagement

Q: I have a client who has asked me to help him prepare financial statements. In looking at his books, they are completely a shambles. He has 7 (!) checking accounts, and not one of them can I reconcile in Quickbooks because it appears deposits were randomly recorded,...

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Hey There, I'm Joyce.  Virtual CFO & CPA to Creatives and Coaches
I help super smart entrepreneurs track their money and grow their businesses by co-creating their money map...a combo of systems that simplify, goals that inspire and milestones that encourage.
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