• General Bookkeeping

Independent contractors vs employees

If you are going to hire employees, I strongly recommend using a payroll service. Currently I like Gusto and Sure Payroll for easy and inexpensive online services. I can help you set up an account with either of these, or with ADP, Paychex, Heartland, or QB payroll if you prefer full service. If you are thinking of hiring contractors, keep in mind that you can pay contractors for services performed and deduct it as a contract labor expense instead of salaries and wages like you would for employees. You would need to get a W-9 form, and I think it’s a good practice to only hire someone who has their own business license.  I also would recommend having a clear agreement in writing with them which includes compensation and termination clauses plus an NDA.  This could protect you in case the IRS or L & I tries to say they were an employee.  To that point, there are specific rules about what qualifies someone as a contractor.  This is a good article to read https://esd.wa.gov/employer-taxes/independent-contractors

Reporting Metrics

Customized financial reports and KPI tracking that provide clear visibility into your business performance. We turn financial data into actionable insights to help support smarter, growth-focused decisions.

Payroll Services

Simple, dependable payroll solutions that help ensure employees and contractors are paid accurately and on time. We help reduce administrative burden while supporting payroll tax reporting and compliance needs.

Working Capital

Flexible working capital solutions designed to help businesses manage cash flow, fund growth, and support day-to-day operations. We help connect qualified businesses with strategic financing options tailored to their needs.

Bookkeeping

Reliable bookkeeping designed to keep your business organized, accurate, and financially informed. From reconciliations and month-end reporting to ongoing support, we help business owners save time and gain confidence in their numbers.