Hey there, amazing startup founders! Today, let’s chat about a situation you might find yourself in: your new hire wants to be classified as a 1099 contractor. Sounds simple enough, right? Well, grab a cup of coffee ☕, and let’s delve into why this might not be as straightforward as it seems. Understanding the 1099...
When a startup is in a constant dance with the zone of insolvency, fundraising, talking to investors, and cutting budgets, employees start to lose faith and effort. In the challenging landscape of business, steering your team through difficult periods is both an art and a responsibility. It requires a balance of professional insight and empathetic...
If you’re at the helm of a startup and hiring, onboarding, and managing (and sometimes choppy)1099s, this blog is for you. Today, let’s talk about a not-so-fun, but super-important topic: 1099 audit triggers 📑🧐. Understanding 1099s: The Basics First things first, a 1099 form is what you use to report income paid to a contractor...
So, you’re thinking about bringing on interns? That’s great! Interns can inject some fresh energy and ideas into your startup. But there’s a lot to unpack about the intern game, especially around the myth of the ‘unpaid intern.’ Google “unpaid internship,” and most websites that pop up are law firms – ready to sue companies...
