14
Nov
Steps To Starting A New Business
Image by yourbartender via Flickr
Starting a new business is exciting, however, there are a lot of administrative items to take care of. Here is a general guide on what to do.
12
Oct
Decrease Your Chances of Being Audited
Image via Wikipedia
According to IRS statistics your chances of being audited as a Schedule C Sole-Proprietorship are 3-4%, compared to an S-Corporation of 0.3-0.4%. So, your chances of being audited are about 10 times greater as a sole-proprietor. That sounds like a great reason to set your business up as an S-Corp!
Other ways to reduce your chances of being audited are: Read more 
