A week ago you read the story and watched a video on FOX News. The dramatic news story made a point that things are bad...very bad. And things are going to get worse.
David Lightfoot is in the thick of business reality and offers his thoughts and perspectives regarding the "fiscal cliff":
The small business owner is feeling the tax burden but may be unsure of how or why. The biggest challenge to small business owners is complying with government regulations. The ChamberofCommerce.com has created this infographic to shed some light on the subject:
If you are new to freelancing or thinking of becoming a freelancer, you’ll no doubt have lots of questions, especially about the legal and regulatory paperwork you need to obtain and manage throughout the business year.
Freelancing, particularly if you are unincorporated, is one of the least paperwork-intensive forms of business ownership. Nevertheless, you are still a business and you need to be sure you have the right licenses or permits, make estimated tax payments on time, report your earnings each year, and deal with client paperwork such as contracts, non-disclosure agreements, and more.
As 2010 comes to a close, it is time to tackle taxes and planning for your business. If you are an entrepreneur who believes that debt is overwhelming and bankruptcy is the next step, here is an article from Wystan North:
