October 2018 - Long & Long CPAs, PLLC

Special Regulations When Hiring Foreign Contractors in North Carolina

The workforce is tight and finding qualified workers is hard. To supplement your workforce, you may need to hire foreign workers/contractors. North Carolina has special regulations when hiring a foreign contractor. Special considerations with foreign contractors, as with all contractors you must get a W-9. Make sure the person filling it out checks the appropriate box as to type of entity.

New Business Start-up Tips | Costs & Organizational Expenses

Businesses in their first year of operation often have a loss. They are trying to build a customer base and establish themselves as a legitimate business. This can be expensive and the tax law limits how much of these “one time, first year expenses” a business can deduct. Startup costs include advertising, marketing, training and office expenses incurred before you open your business.