SelfInformed

October 2016

  • Advocacy: The Benefits For Nonprofit Organizations

    Oct 31, 2016

    Type “nonprofit organization” into a search engine and you will get quite a variety of definitions. If you skip the legalese definitions — such as a “corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive”1— you will discover that there is an interesting definition that pops up: Nonprofit organizations are devoted to furthering a specific social cause or advocating for a particular point of view.

  • Searching for Self-Employment

    Oct 31, 2016

    Tim Smith is the owner of WorkerRental.com based in Amherst, Ohio. WorkerRental works as a hub for Self-Employed residential workers. The goal of WorkerRental is to connect self-employed small business owners who provide services that typically are needed around the house to homeowners who need those services. By cutting out large businesses, Tim hopes that the relationships built by those who use the site will help prove the value of small personalized business solutions.

  • Establishing My Own Salary

    Oct 31, 2016

    Q: My wife and I own a limited liability corporation. We just elected to be treated as an s corporation. We are trying to determine salary levels, and I read something about how the owner’s salary must be greater than employee’s for s corporations to minimize the chance of an IRS audit. What criteria should we use to establish our salaries?

  • Presidency, Senate, and House all up for grabs in 2016

    Oct 26, 2016

    For all accounts 2016 has turned into a once in a lifetime election that has thrown wide open not just which party will lead the White House, but what party will control the Senate and House. The safe assumption for many political observers in the midst of the primary calendar is that the House would remain safe in Republican hands and that the Republican majority in the Senate while possibly being chipped away ever so slightly, would remain in Republican control and that the fight for the White House would be the main event on November 8, 2016. It is safe to say that any pre-conceived notions or assumptions have been tossed out the window in what has become an eyebrow raising political cycle.

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