Many business owners don’t realize this but the classification of your workers is very important. It will impact your tax obligations, who owns their work product, and more. This is Part 2 (Tax Responsibilities) of a four part series on hiring employees and contractors. You can learn more in Part 1 (The Differences), Part [...]
Many business owners don’t realize this but the classification of your workers is very important. It will impact your tax obligations, who owns their work product, and more. This is Part 1 (The Differences) of a four part series on hiring employees and contractors. You can learn more in Part 2 (Tax Responsibilities), Part [...]
What is the GDPR? The General Data Protection Regulation (GDPR) is a new legal framework which the European Union will use to protect the personal information of European individuals. It was passed in 2016 and will become enforceable law on May 25, 2018. The GDPR provides the following rights for EU citizens: The right [...]
One negative side effect of entrepreneurship is dealing with taxes. But you can use these seven tips starting today to make your life easier next tax season. 1. First, understand how businesses are taxed There are essentially two ways the IRS taxes businesses and entrepreneurs. One is "pass-through" in which the business' owners pay [...]
There are essentially two ways the IRS taxes businesses and entrepreneurs. We'll explain them in as few words as possible in this post. The two primary tax structures Pass-Through Taxation: Most businesses are taxed as “pass-through” entities. This means the profits and losses of the company are passed through to the owners’ individual tax returns. [...]
Our presentation was selected again for WordCamp Kansas City! Join us to learn the Five Legal Issues Every Freelancer Should Understand. You can buy tickets and learn about WordCamp on their website. The presentation: If you are running a freelance business in Kansas City (or even just moonlighting), you should consider how the law impacts what [...]
Lessons on personal responsibility, leadership, and how to take extreme ownership of your life. Retired Navy SEALs Jocko Willink and Leif Babin led military units in Iraq which are often described as the most successful units to serve in the war. Today, they use their leadership skills to help others, including sharing important lessons [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! Part one covered what you can protect; part two explained how to secure your rights; and this post explores copyright infringement. What Constitutes Copyright Infringement Definition Copyright infringement occurs when [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! Part one covered what you can protect; this post explains how to secure your rights; and part three will explore copyright infringement. How To Obtain a Copyright Registration isn’t [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! This post one covers what you can protect; part two explains how to secure your rights; and part three will explore copyright infringement. What is a Copyright A copyright is just [...]