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Hiring a Freelancer? Here’s What That Means for Your Taxes

Up and Running

And with the rise in remote work during the pandemic, a shift in how businesses think about their employees and hiring practices, and the growing number of people pursuing business ventures online, it will likely keep growing. One of the most important things to consider is whether you’re working with an employee or an independent contractor.

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Does Your Small Business Need Workers’ Compensation Insurance?

YoungUpstarts

Statutory workers’ compensation laws are particular to each state, but in general, businesses having employees that are not large enough to self-insure must carry workers’ comp insurance. The Number of Employees You Have Matters. In most states, if you have just one employee you must carry workers’ compensation insurance.

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Business Ethics And Social Responsibility

YoungUpstarts

By treating employees and customers well, businesses can gain the community’s support. False or discriminatory advertising, negative treatment of employees and ignoring safety concerns in products can undermine consumer confidence. For example, small businesses depend on reputation and trust among people in the community.

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What Is a Benefit Corporation?

Up and Running

Now, you can create a benefit corporation in: Arkansas, California, Colorado, Delaware, Florida, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington D.C., with many more states in the pending legislation phase.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

At its peak, in 2010, Goodmail had roughly 40 employees. Both studies counted only incorporated companies with employees. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Comcast Corp., and Verizon Communications Inc. fell apart early that year, Mr. Dreymann says. New Jersey.

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Why Starting A Non-Profit To Create Social Change Is A Bad Idea

ReadWriteStart

Paid employees (including founders) are generally not eligible to sit on that board, which could limiting your independence. The state of Vermont, the first state to enact this type of company , explains that an L3C is “a cross between a non-profit organization and a for-profit corporation. Non-Profits Are Harder To Start, Sustain.

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Why Starting A Non-Profit To Create Social Change Is A Bad Idea

ReadWriteStart

Paid employees (including founders) are generally not eligible to sit on that board, which could limiting your independence. The state of Vermont, the first state to enact this type of company , explains that an L3C is “a cross between a non-profit organization and a for-profit corporation. You have to establish a formal board.

Vermont 114