Q: What’s a C Corp?
Startups typically form C corps, along with other companies that need to raise capital, plan to go public, or eventually get sold. Learn more about the pros and cons of this unique business structure.
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Q: What’s a Multi-Member LLC?
A multi-member LLC is a limited liability company with two or more members. Married couples, family businesses, and businesses with multiple owners often form this unique type of LLC.
Q: What Are the 4 Types of Business Partnerships?
Why would you form an LLC partnership over, say, a limited partnership? Let’s dive into how these four business structures work and the pros and cons of each.
Q: Can I have an FSA and an HSA at the same time?
Health savings accounts (HSAs) and health flexible spending accounts (health FSAs) are employee benefits that allow eligible individuals to put...
Q: Health Insurance Premiums: What They Are, How They Work, and Other Stuff to Know
A health insurance premium is the amount an insured person pays every month for their health insurance. The premium is...
Q: What Is a Copayment?
A copayment or copay is a fixed dollar amount (e.g., $25) you pay out-of-pocket for receiving a covered health care...
Q: What Is a Timesheet?
A timesheet is a tool used to track how many hours an employee or contractor works over a: Time period;...
Q: What’s the Research and Development Tax Credit?
As a small business owner, you can save a significant amount of money each year with tax credits. The trick...
Q: What’s Form 940? Am I Required to File It?
Form 940 is a tax form that allows employers to report their annual FUTA (Federal Unemployment Tax Act) tax. Most...
Q: What’s an Individual Coverage HRA (ICHRA)?
By offering an ICHRA, you can reimburse your employees tax-free for health insurance bought on the individual market—letting you provide benefits without offering a group health plan.
Q: What Is a Section 125 Plan?
A Section 125 Plan, sometimes known as a cafeteria plan or as a “premium only plan” (depending on the purpose...
Q: Can I Use an FSA for Daycare Expenses?
Depending on the FSA, employees can use the funds in their flexible savings arrangements (FSAs) to cover the costs of...
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