With 77 million baby boomers reaching retirement, and half of the middle to upper management in this country reaching retirement age in the next five years, our country is soon to lose many of its most experienced workers.

The process of misclassifying workers, or treating workers as independent contractors when they should be considered employees, is a serious problem. The situation is a particular problem in the IT field and other "white collar"...

Incorporation is one of any number of ways to structure a business. These include a limited liability company, an S-corporation and a C-corporation. Each structure has benefits and drawbacks, and it is important to decide which ...

Many businesses can benefit from incorporation. The main benefit of incorporation for most businesses is that it shields the business owner from lawsuits and protects their assets in the event that the company is the target of a...

One challenge with freelancing and independent consultant work that you may not have considered is securing business insurance. Business insurance will protect you and your business against unfortunate mistakes and mishaps.

There are some reasons an individual would choose self-employment over working for someone else, but not everyone is willing to take on the problems and stress of owning a business. For some, the notion of running every aspect o...

If you have a home business, getting yourself organized should be a priority. Lack of planning and organization reduces productivity, increases stress, and strains working and personal relationships. Precious work time can be lo...

Being your own boss is certainly rewarding, but few people think about the extra work of preparing invoices and tax forms. Independent contractors need to be aware that being independent of the client company is a special tax si...