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All Posts by rachel

Kollath CPA > Articles by: rachel
The Tax Implications of Independent Contractors Uncategorized
March 10, 2022

The Tax Implications of Independent Contractors

Are your employees really employees, or are they actually independent contractors? It’s not just semantics; the IRS makes a...
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3 Ways To Prepare Your New Hires for Success General
February 24, 2022

3 Ways To Prepare Your New Hires for Success

A 2019 report by the Work Institute found that 43% of new hires quit within 90 days of employment,...
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Deducting Business Expenses: Separating Fact From Myth Accounting For Business
February 10, 2022

Deducting Business Expenses: Separating Fact From Myth

When you’re filing your tax returns, what expenses can you deduct from business income? It’s a complex question. To...
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The Tax Situation When You Have Employees Accounting For Business
January 26, 2022

The Tax Situation When You Have Employees

Once you have at least one person working for your business, you’re an employer. Being an employer comes with...
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What Exactly Is a "Tax Year"? Accounting For Business
January 14, 2022

What Exactly Is a “Tax Year”?

What Exactly Is a “Tax Year”? A tax year is an annual accounting period for keeping records and reporting...
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Quantitative vs. Qualitative Financial Forecasts: What's the Difference? General
December 28, 2021

Quantitative vs. Qualitative Financial Forecasts: What’s the Difference?

There are many types of financial forecasts, but they fall into two categories: quantitative and qualitative. To understand the...
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What Taxes Do Businesses Have To Pay? General
December 9, 2021

What Taxes Do Businesses Have To Pay?

If you’re running a business, you’re on the hook for a variety of taxes. But What Taxes Do Businesses...
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What to Know About Incorporation and Taxation Accounting For Business
November 24, 2021

What to Know About Incorporation and Taxation

Operating as a sole proprietorship or general partnership is the least complicated way to run a business, and many...
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What Is a Life Settlement and How Does It Work? General
November 9, 2021

What Is a Life Settlement and How Does It Work?

A life settlement is a way to get cash for a life insurance policy you no longer need or...
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The Ins and Outs of Small-Business Insurance Uncategorized
October 27, 2021

The Ins and Outs of Small-Business Insurance

If you have business interruption insurance, can it help you through the pandemic? Learn more about The Ins and...
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