Category: Small Business
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Hiring Your First Employee: The Federal To-Do List
An EIN, Form W-4, Form I-9, new-hire reporting, payroll deposits, and posters: the federal steps every first-time employer has to get right.
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The Simplified Home Office Deduction: $5 a Square Foot
The IRS simplified method pays $5 per square foot of home office space, up to 300 square feet. Who qualifies, the exclusive-use test, and when actual expenses beat it.
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SBA Microloans: Small Dollars for a First Business
SBA microloans lend up to $50,000 through nonprofit lenders, and the average loan is about $13,000. How the program works and who it fits.
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What an LLC Protects and What It Never Will
An LLC shields your personal assets from business debts, but not from personal guarantees, your own negligence, or taxes. What the structure really does.
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An EIN Is Free: How to Get One Straight From the IRS
The IRS issues Employer Identification Numbers for free, usually in minutes online. Here is how to apply directly and skip the third-party fees.