The tax term used when determining in which localities a business must pay tax is called nexus. How nexus works often stumps even the most tax-savvy business owners, especially with the impact of online sales and constantly changing rules. By understanding and correctly determining nexus, you can avoid unnecessary penalties.
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How to Set Your Salary: What’s the Right Amount for a Small Business Owner?
Employees in larger firms often rely on the human resources department to establish pay scales, retirement plans and health insurance policies. In a small company, however, all those choices – and many more – fall to the owner. Here’s how to set your salary and the factors to consider.
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