We are entering the new year, which means many people are setting goals for the new year. As a business owner, you should be doing the same thing. Creating a budget is one of the best practices you can start for your business. What Is a Business Budget and What Are Its Benefits? A…
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It’s been another exciting year, and so much has happened since we did our last year in review that we’d take a few moments and look back at everything. Each year brings about new opportunities, but this year saw a few things we were pleasantly surprised to see. Read on to see what the Protea…
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There is something to be said for the words we all speak. Day in and day out, we speak and hear thousands, sometimes millions of them. The words we choose say a lot about who we are and what we are passionate about. Here at Protea Financial, we love to share words of wisdom all…
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Another year is nearly over, and what an eventful year it has been. We have all been through a lot of ups and down over the last few years, and 2022 was no different. Thankfully, some aspects of life are starting to feel a bit more normal, and we were able to make some progress…
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Any time you are paid for work by a company, that company is required to report your payments to the IRS as income. Typically, this is done through a form W-2 because most, if not all, of the company’s payments go to employees. However, some companies do hire contractors or freelancers. These individuals work on specific projects
As the owner of your own business, you’re going to be spending a lot of your time and money on it. You need to keep track of all these expenses to accurately report them when you file your taxes at the end of the year. You can deduct many expenses related to running it. These…
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