Business Contents Archive

Chinese shoppers are abandoning brands like Nike and Adidas in favor of homegrown rivals. If you're going to read one story today, make it this one https://t.co/BmS1BE1dXE

“I have been appalled by the fear of vaccination by the big chunk of the nation,” Berkshire Hathaway Vice Chairman Charlie Munger says. “I think the risks of being vaccinated are way less than the risk of not being vaccinated. So it’s really massively stupid.” Full comments: https://t.co/uvAa6OOFk4

Since China declared a ‘war against pollution’ in 2014, the country has reported a 40% reduction in emissions: https://t.co/34cQbzrNg5 https://t.co/ZPmFOM3GvR

When you're interviewing a job candidate, be on the lookout for signs of civility. https://t.co/h0hA1mm0tA

Received garnishment for one of my employees.

This employee is super part time only about 10 hours per week, and she makes her own hours. I hired her on w4 but I don’t believe she participates in our 401k or anything like that, and I know she could technically be classified as a 1099 contractor. I have already done my part in the garnishment process, and I’ll have to start withholding wages next pay period, however it just dawned on me that maybe I should offer to reclassify her. I know that creditors can not garnish payments to independent contractors, so I’m considering offering that to her as an option. If that’s what we decide to do, then how should I go about notifying the court and the plaintiff? Do I send a notice of resignation or something? I’d ideally just have her put in a formal resignation and then immediately sign her back on as a 1099…

Robert Herjavec from "Shark Tank" shares his tips for entrepreneurs https://t.co/wd6O7PVNXk

U.S. stocks rise after Fed minutes released https://t.co/3BmfIZ0Bcx https://t.co/dRoZmBHX6A

Tax Benefits: Independent Contractor vs Forming a Business

Hey all! So long story short, I’m a comedian who will make income for the first time in 2022 in the form of royalties from a comedy special and album. I produced the project myself, so I have expenses. Is there a tax benefit to forming a business (LCC, Sole Proprietorship, S/C Corp?) as opposed to just going the independent contractor route and writing off expenses on a schedule c? Some more info: I plan to put out more specials/albums in the future. Plus, hoping the exposure will help sell tickets for road work. So more income could come from ticket sales as well as royalties. There’s also a possibility of monetizing a related youtube channel. So would it makes sense if all of this was under the umbrella of one business? Thanks!

Charlie Munger: Crypto traders 'want to get rich quick' without doing 'anything for civilization' https://t.co/coG907e8YH by @serwer and @MaxZahn_ https://t.co/X7a2oHUdAJ

Apple's shareholders have been urged to vote against Tim Cook’s $99mn pay package https://t.co/7kaM0RiFwC

Compassion is something leaders need to actively make time for. https://t.co/OFX1uwIUc8

NFL cheerleaders reveal some of the best and worst parts of their job See more on @PrimeVideo: https://t.co/bPyaXjqUI3 https://t.co/hvw1eikvK6

Munger on investing: "I think you have to figure out your level of skill, or the level of skill your adviser has, and that should enter the equation. But to everyone who finds the current investment climate... difficult and somewhat confusing, I would say: Welcome to adult life." https://t.co/1wSprGFz9I

Elon Musk gifted $5.7 billion worth of Tesla stock to charity in the span of 10 days in November. It’s just one more sign that the world’s richest person is taking philanthropy more seriously https://t.co/96lq8eDMCd

Following Apple, Google said it will limit ad tracking across apps on Android https://t.co/9jXYIInJrr