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Best Ways to Pay Yourself as a Business Owner

by Elizabeth calander Jul 27, 2026

Quick Answer: The best way to pay yourself depends on how your business is taxed. Sole proprietors and most partners take owner’s draws or distributions. S corp and C corp owners who work in the business pay themselves through payroll, and there are IRS rules that back that up. Get this wrong and it can…

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Employee vs. Independent Contractor: What Small Business Owners Need to Know

by Elizabeth calander Jul 20, 2026

QUICK ANSWER: An employee works as part of your business, and you generally have the right to control when, where, and how the work is done. An independent contractor runs a separate business and controls how the job is completed. Calling someone a contractor, paying them through accounts payable, or giving them a 1099 does…

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Direct Deposit vs. Paper Check: Which Is Best for Your Team?

by Elizabeth calander Jul 16, 2026

Quick Answer: For most small businesses, direct deposit is the better everyday choice. It’s faster, safer, easier to track, and more convenient for employees. Paper checks can still make sense as a backup or for certain employee situations. The right answer is the one that pays your team on time, follows state rules, and keeps…

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Payroll Compliance Checklist for Small Businesses

by Elizabeth calander Jul 13, 2026

Quick Answer: Payroll compliance means paying your employees correctly, withholding payroll taxes, depositing those taxes on time, filing the right forms, and keeping good records. A simple checklist helps catch problems before they turn into penalties. Here is something we see more than we would like. A business owner gets an IRS notice in the…