This is a guest post from Brian Tanner, who is a freelance writer for HP.
“There’s no place like home,” said Dorothy in the Wizard of Oz, and for the budding entrepreneur looking to launch a new business, that statement is more applicable than ever. Being that most home based startups have limited resources, setting up [...]
Archive for the ‘Self Employment’ Category
Six Tips for Creating an Affordable Home Office
Modified on March 5th, 2011 - 3 Comments
Filed under: Self Employment, Working
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The Home Office Tax Deduction
Do you have a home office? If so, have you ever considered taking the home office tax deduction? One common concern with taking this deduction is that it might trigger an income tax audit. But is that really the case?
Well… The general consensus seems to be that concerns over audits related to the home [...]
Modified on March 5th, 2011 - 8 Comments
Filed under: Self Employment, Taxes
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Develop a Small Business Continuity Plan
A friend of mine has a very successful side business. In fact, he earns more on his side business than he does from his full-time job. The only problem is that if he were to get hit by a bus, his business (and the income he earns from it) would disappear. That means that the [...]
Modified on February 15th, 2011 - 2 Comments
Filed under: Insurance, Self Employment, Working
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How to Hire the Perfect Business or Life Coach for Free
You will benefit in unimaginable ways if you hire a great business or life coach. I don’t care if you are trying to get rid of credit card debt, fix your marriage, or start saving for retirement. You can hire a great coach. And the good news is that the very best coaches will gladly [...]
Modified on October 4th, 2011 - 3 Comments
Filed under: Education, Productivity, Self Employment
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Do What You Love: A Sure Fire Recipe for Small Business Disaster
Even though the economy is challenging, you might be looking to change your career. Maybe you’ve even thought about opening your own business.
I’m with you. But tread carefully.
Common wisdom can be both helpful and dangerous.
For example, it tells us that most small businesses fail because they don’t have enough cash flow or are under-capitalized.
That’s true [...]
Filed under: Self Employment, Working
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Best Retirement Plan for Small Business Owners?
This is a guest post from Dan Wesley, who is the CEO of CreditLoan.com. If you like what you see here, please consider subscribing to their RSS feed.
Salaried employees generally have an employer-sponsored 401(k) retirement account administered by the company’s HR department. Failing that, many use Individual Retirement Accounts (IRAs) from local banks, credit unions, [...]
Modified on August 12th, 2010 - 10 Comments
Filed under: Retirement, Self Employment, Taxes
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Making the Most of Your Business Trips
Business travel can have a big impact on your career. Depending on what you do, you might travel to attend conferences, meet with clients, or explore new opportunities for expansion. If you’re a freelancer, such trips can be even more important, as they’ll help you expand your network of contacts, potentially bringing in new business.
Prepare [...]
Filed under: Self Employment, Taxes, Travel
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Income Smoothing and Emergency Funds
A reader named Vivian recently wrote in to ask if it’s okay for people with variable incomes to tap into their emergency fund during anticipated slowdowns:
My husband is a landscaper. During the winter his work gets a little slack. Does that mean that we can tap into our emergency fund to help cover our expenses [...]
Modified on June 18th, 2010 - 7 Comments
Filed under: Saving & Investing, Self Employment
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Second Quarter Estimated Tax Payments Due Today
This is just a quick reminder that second quarter income tax payments are due today. I almost forgot about this myself, but remembered at the last minute and have just written the state and federal checks.
If you’re wondering what this is all about, estimated tax payments most commonly apply to the self-employed and/or those with [...]
Filed under: Self Employment, Taxes
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Financial Guide for the Unemployed
Many of us are currently dealing with financial and/or economic challenges. One devastating problem that some of my neighbors and friends have recently faced is unemployment. Surviving with one less source of income due to a job loss can cause a lot of financial and personal stress.
As of right now, the Bureau of Labor Statistics [...]
Modified on June 18th, 2010 - 3 Comments
Filed under: Self Employment, Working
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