When you are paying an independent contractor (not an employee) and you paid them more than $600 in that calendar year, you are required to issue them a 1099 by
The reports that I would recommend looking at, and the main report that you’re going to want to use on a day-to-day basis is a Profit and Loss statement (P&L).
I get asked this question all the time, and the answer is – it depends. Let’s say you just started a company and you are not making any money, yet. First
As a W-2 employee, there is pretty much nothing deductible. The laws changed in 2018, and there were things that you could deduct prior to that such as unreimbursed mileage