RSU’s

RSU’s

How to Deal with RSU's Many clients ask us: “have you dealt with RSUs before?” We have, but before we dive any deeper into how we handle RSUs, let’s take a minute to discuss them. RSUs, or Restricted Stock Units, are a way to compensate employees. It’s a method that’s used very frequently in the tech industry. An employee is given stock grants that vest on a set schedule. On the vesting date, they receive the right to the stock, at which time it is taxed and included in the employee’s compensation. Sell to Cover: This usually is an option…
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What is the Difference Between Being Self-Employed and a Small Business Owner?

What is the Difference Between Being Self-Employed and a Small Business Owner?

Many people tend to use “self-employed” and “small business owner” interchangeably when discussing their business. At TL;DR, we refer to different types of clients as noted below: Self-Employed: Works for themselves Small Business Owner: Hires employees or independent contractors I refer to TL;DR: Accounting as a small business, especially since our team has grown, but that doesn’t mean that if you have hired employees that you can’t refer to yourself as self-employed. There is no tax difference between being self-employed or being a small business owner. The biggest dictator of your tax situation depends on how your business is formed,…
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