For small business owners, it is important to make sure
that you are reporting your independent contractors correctly on your
taxes. It can be confusing and hard to remember when it comes to employees
versus independent contractors, since they often do the same work and get
paid similarly. However, the IRS does not see it that way, and you can get
into some serious trouble if you report your contractors incorrectly.
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A new analysis from
HealthPocket, Inc., shows that health insurance premiums have remained
steady in the lead up to the implementation of highly anticipated mandatory
insurance coverage provisions of the Affordable Care Act (ACA). Between
February 1 and May 1, 2013, health insurance premiums increased by an
average of 1.2 percent per plan.
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Developing a unique small
business marketing campaign in a traditional industry shouldn't have to be
boring, nor should it break the bank. Identifying certain aspects of your
company's personality to emphasize in your marketing message can be an
authentic and cost-effective strategy in helping to differentiate yourself
from the pack.
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Appearing on a reality TV
program can propel a small business from unknown to a household name,
reports the Washington Post. The recent success of several reality TV
programs that focus on the owners of small companies is driving other small
businesses to seek out opportunities to appear on a reality TV program.
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According to online leading
platform Biz2Credit, small business lending is on the rise. The survey
shows that large banks (those with over $10 billion in assets) approved
16.8 percent of small business loans in April, which is up from 15.7
percent in the month of March.
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According to Entrepreneur, New
York’s City Council has passed a bill requiring companies with more than 20
employees to provide five days of annual paid sick leave to their
employees. The new law goes into effect next April.
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According to Fox Small Business,
a recent survey shows that 97% of those businesses surveyed use social
media such as Pinterest, Twitter, and Facebook to market their businesses
versus only 17 % that use location-based advertising, such as Foursquare.
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