Any business paying some people through payroll and others by invoice should check those labels before the books close on 2026. Owners reach Lang Tax Solutions in late January with the same story: a contractor paid on a 1099 for three years who works set hours, uses company equipment, and reports to a supervisor. Fixing that in November costs an afternoon; fixing it after the forms are filed costs far more. What decides whether a worker is a W-2 employee or a 1099 contractor? Control decides it, not the paperwork. An employee is someone whose work the business has the… Read More »
Building a 13-Week Cash Flow Forecast So a Slow Season Never Blindsides You
A slow season rarely surprises anyone. What surprises people is the one week inside it when payroll, a quarterly estimated tax payment, and an insurance renewal all land within four days. A 13-week cash flow forecast closes that gap, and it is usually the first thing Lang Tax Solutions builds with an owner whose business is profitable but whose checking account keeps getting tight. What is a 13-week cash flow forecast, and why 13 weeks? It is a projection of cash actually entering and leaving the bank account, listed by week, for one quarter ahead. Rolling means you add a… Read More »