If your small business works with independent contractors, you may be required to report the amounts you paid last year by the end of the first month of the New Year. This reporting is done by sending 1099-MISC forms to nonemployee workers and filing copies with the...
The holiday season is underway, so you’ve probably made plans for your company already. But, if you are still on the fence, here are a couple of facts to consider: Christmas is a season, not a day. Depending on how a person observes the holiday, it can last up until...
Fraud guides are supposed to protect potential victims by alerting them to common schemes and instructing them on measures they should take to protect themselves. But in the upside-down, inside-out world that is the Internet, “dark web” sites provide information,...
Not every business transaction involves cash, and small businesses often find it beneficial to barter for goods and services instead of paying for them. Small business owners generally find that by bartering, they can get what they want below the market rate and save...
The short definition of fraud is theft by deception. Someone misrepresented pertinent facts, orally as an assurance or within the four corners of a contract, so that the other party to the deal got something other than what he bargained for. Blatant fraud could draw...