Finance & Accounting

Piercing The Corporate Veil – When “Limited Liability” May Not Protect You

The limited liability associated with corporations and LLCs is among the best benefits to running a business as an entity rather than on your own behalf. But if you are not careful, you can lose that limited liability. We’ll explain how that happens in this post and provide tips on how to prevent it. [...]

How to Decide Whether to Hire an Employee or a Contractor

When hiring for your business you should carefully consider whether you need an employee or independent contractor because the differences are really important. If you hire an employee you will have more control over their work and performance, but you'll pay more to the government and have more administrative work. If you hire a contractor, you lose some [...]