Contributing author

Kim Porter

Kim Porter covers personal finance topics for AARP The Magazine, Bankrate, U.S. News & World Report, Reviewed, Credit Karma, and more. When she’s not writing, you can find her training for her next race, reading, or planning her next big trip.

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Contributing author

Kim Porter

Read more from Kim Porter

A Guide to California’s New Employment Credit (NEC)

Need a Parental Leave Policy? Here’s How to Set Up an Amazing One

Federal and State Reimbursement Laws for Remote Employees

How to Set a Reasonable Salary as an S Corp

How to File Taxes for Your S Corp

Everything to Know About Pre-Tax Deductions and Contributions

What is a Capital Account and How Does It Work?

S Corp vs. LLC: What’s the Difference Between an S Corp and an LLC?

What’s the Difference Between Form 1120-S and Form 1040?

Tax Evasion vs. Tax Avoidance: What’s the Difference?

The Difference Between Tax Deductions and Tax Credits, Explained

What Is the Pregnant Workers Fairness Act?

Everything You Need to Know About the Difference Between an Interest Rate and APR

What Is the Difference Between a PEO and an EOR?

What is the SBA Microloan Program and How Can I Apply?

How to Create a Restaurant Business Plan

The Employer’s Guide to Time Tracking

ACH Payments, What They Are, and How They Work

What is a Business Owner’s Policy and Do I Need One?

Will Your Business be Required to e-File Taxes in 2024?

The Employer’s Guide to Illinois Mandatory Paid Leave

What Is the Difference Between an ATS and an HRIS?

What’s the Difference Between a Startup and a Small Business?

What Is Bank Redundancy and How Can It Reduce Risk?

Labor Department Proposes New Rule on Worker Classification

Will Employer FUTA Taxes Increase in Tax Year 2022?

How Personal Credit Affects Business Credit—and Vice Versa

What is an Applicant Tracking System (ATS) and How to Choose One

How to Start a Nonprofit Organization

How to Avoid Bias in Performance Reviews

What is a Non-Disclosure Agreement (NDA)?

What is an HRIS and Does My Company Need One?

What Is An Annual Report (AKA a Statement of Information) and Do I Need One?

The Small Business Owners Guide to Form 7004 to Get a Tax Extension

The Employer’s Complete Guide to Hazard Pay

What is a Personal Guarantee on a Business Loan?