Tips From T. Marie
JANUARY 4, 2023
Rather than hiring employees with the expenses of payroll, taxes and equipment, you can create a virtual team that can take care of individual projects and tasks without those expenses. Not having to provide office space, equipment, payroll, health insurance or payroll taxes is a huge benefit.
Allwork
JUNE 6, 2022
Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. Does this bring with it an opportunity to save costs? After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Working policies.
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BMT Office Administration
MARCH 3, 2023
IRC § 179 deduction for depreciable business assets Normally, when you buy a piece of office equipment, you must depreciate it over the number of years of its useful life. million of the cost of qualified property—machinery, equipment, standardized computer software, and improvements to nonresidential buildings—placed into service in 2023.
Small Business CEO
MAY 22, 2018
On top of that, the trucker’s ongoing requirement to maintain equipment, buy fuel and do payroll can sometimes leave the short-term fiscal strength of a company in a precarious state. However, startup companies suffer from high failure rates, and new establishments survive on thin profit margins.
Virtual Moxie
JANUARY 23, 2013
In 1997 when I founded AssistU , I said, and have continued to stand up and say that Virtual Assistance was never intended to be the inexpensive alternative to hiring employees, but the convenient, cost effective, and efficient one. Convenience comes at a premium. It just does.
BMT Office Administration
NOVEMBER 16, 2022
Does the business provide all necessary tools or equipment or does the worker provide their own tools? 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Independent contractors should have a high degree of control over their own activities.
Virtual Moxie
FEBRUARY 27, 2012
In 1997 when I started AssistU, I said, and have continued to stand up and say that Virtual Assistance was never intended to be the inexpensive alternative to hiring employees, but the convenient, cost effective, and efficient one. I wrote a post about this a few years ago, that I still agree with today. Convenience comes at a premium.
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