Free guides

Nácar & Ledger's Quick Q&A

Just starting out

Getting the foundation right

For first-time owners — before the mistakes are expensive to unwind. Start with the overview →

I'm the only owner of my LLC — how do I actually pay myself?

The right way to take draws without a tax surprise waiting at the end of the year.

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It's my business and my money — do I really need to keep them separate?

Why every entity — LLC, S-corp, or just a DBA — needs its own financial identity.

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More starter guides on the way

LLC vs. sole proprietor, quarterly tax surprises, your first 1099, and recordkeeping — in progress.

Creator extras

A brand sent me free stuff instead of paying me — is that taxable?

The "it's not real money" myth that catches almost every new creator.

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I have 1099s from five different platforms — am I reporting this right?

How to reconcile multiple 1099s without double-counting, or missing, your income.

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Worker classification

W-2 or 1099 — and getting it right before it's expensive

For owners who are hiring, converting a role, or relying on contractors and VAs.

Should this new hire be a W-2 or a 1099?

Getting worker classification right the first time.

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Employee or contractor? How the IRS actually decides

The foundational three-part test, explained plainly.

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We just converted a 1099 to W-2. Now what?

Figuring out what you owe for last year, before anyone asks.

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Your VA passes the IRS test. Does it pass Rhode Island's?

Why RI and MA use a second, stricter test — and why healthcare practices are especially exposed.

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Is my therapy practice's VA a 1099 contractor or an employee?

Scheduling, intake, and billing are core to a therapy practice — exactly why this trips up so many solo practices.

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Intercompany transfers & shareholder loans

Money moving between entities you own

For owners running more than one LLC — where a simple transfer stops looking simple.

Real estate investors

Fix & flip and buy & hold bookkeeping

Same asset class, opposite accounting rules — a flip is inventory, a rental depreciates. Get either one crossed and the numbers stop telling the truth.

Not sure which one applies to you?

Every business is a little different.

If you'd rather just ask, we're glad to talk it through directly.