What Is The Difference Between A License And A Franchise?

What is the difference between a license and a franchise? Many people confuse a trademark license and a franchise.  Even attorneys who are not experienced in the niche area of franchise law may find it confusing to differentiate between a trademark license and a franchise. Hopefully this article will help to clarify the difference. TRADEMARK […]

I-9 Employment Eligibility Verification

The Form I-9 Employment Eligibility Verification is one of the essential new hire forms that should be included in your New Hire Packet (along with the W-4 Form and in Pennsylvania, a Residency Certification Form).   The purpose of this form is to document that each new employee (both citizen and noncitizen) hired after November 6, […]

Onsite Vs. Virtual Services – Which Is Right For You?

Business owners think that if they outsource their accounting functions, that they need to conform to a single business model. At Core, we offer a custom solution to each client including Onsite, Virtual or a combination of both. Onsite Onsite services hold many benefits and is the right choice for clients who prefer face to […]

ROBS Plan

So, you are thinking about buying a business by rolling over your 401(k) or IRA by using a ROBS Plan…now what? Essentially, you can rollover funds from your existing 401(k) or IRA tax and penalty free, if the funds are used to buy stock in a business.  There are companies that offer the service of […]

Outsourcing Payroll: What are you waiting for?

One of the more intimidating things about running a business is hiring and paying your employees.  Core Financial Outsourcing, Inc. works with businesses in various industries and one of the most common questions we get is, how do you feel about payroll companies?  Is their service worth it?  Short answer: YES.  Long answer:  I work […]

Employee Vs. Independent Contractor

One of the most common questions I am asked by clients is how to determine whether a worker should be categorized as an employee and added to payroll or as an independent contractor. It’s important to understand the difference as there are consequences to misclassification. The key is that to be considered an independent contractor […]

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