Tax
When Should You Consider an ESOP for Your Contr...
When should you consider an ESOP for your contracting business? You consider one when you run a profitable, stable company, you want to sell to your crew instead of an...
When Should You Consider an ESOP for Your Contr...
When should you consider an ESOP for your contracting business? You consider one when you run a profitable, stable company, you want to sell to your crew instead of an...
When Should You Become an S-Corp? The 2026 Inco...
The question every trade contractor eventually hits is when should you become an S-Corp trigger — the income level where the election becomes worth the added cost and paperwork. An...
When Should You Become an S-Corp? The 2026 Inco...
The question every trade contractor eventually hits is when should you become an S-Corp trigger — the income level where the election becomes worth the added cost and paperwork. An...
What a W-2 Employee Really Costs in Taxes vs 10...
When you put someone on W-2, the wage on the offer letter is only the starting number. On top of it you owe 6.2% for Social Security (on wages up...
What a W-2 Employee Really Costs in Taxes vs 10...
When you put someone on W-2, the wage on the offer letter is only the starting number. On top of it you owe 6.2% for Social Security (on wages up...
Transition From Handyman Work to a Licensed Con...
If you're planning to transition from handyman work to a licensed contracting business, the tax and legal picture shifts the moment you cross the licensing line. The handyman exemption that...
Transition From Handyman Work to a Licensed Con...
If you're planning to transition from handyman work to a licensed contracting business, the tax and legal picture shifts the moment you cross the licensing line. The handyman exemption that...
SEP-IRA vs Solo 401(k) for Contractors: Which O...
Short answer: For 2026 both plans top out at $72,000, but they get there differently. A SEP-IRA can only reach that ceiling through the employer piece — up to 25%...
SEP-IRA vs Solo 401(k) for Contractors: Which O...
Short answer: For 2026 both plans top out at $72,000, but they get there differently. A SEP-IRA can only reach that ceiling through the employer piece — up to 25%...
Should You Sell Your Contracting Business? What...
The question of whether you should sell your contracting business — and what makes it worth buying — comes down to one thing the buyer can verify: transferable cash flow....
Should You Sell Your Contracting Business? What...
The question of whether you should sell your contracting business — and what makes it worth buying — comes down to one thing the buyer can verify: transferable cash flow....