What it means: NFIB has two new webinars available on-demand with tips to save more on taxes and a simple breakdown of tariffs with resources for small businesses.

Expert take: “There is no such thing as a 1099 employee. A 1099 is a contractor, a W-2 is an employee. For independent contractors you don’t pay employee-side FICA taxes or offer benefits like vacation or a 401(k). But make sure independent contractors have their own insurance and perform work for other businesses,” Timothy Coons, lawyer at Counxel Legal Firm.

NFIB held two webinars during tax season to provide expert tips to save money and guidance on how to navigate tariffs. Watch the on-demand webinars with Timothy Coons from Counxel Legal Firm, Holly Wade, Director, NFIB Research Center, and Elizabeth Milito, Executive Director, NFIB Small Business Legal Center.

Tips from a Small Business Attorney to Make and Save Money

This month we heard from a lawyer who actually likes helping businesses make money! Timothy Coons from Counxel Legal Firm shared some tips and tricks on using the law to make and protect your money!

The webinar covered:

• Dealing legally with negative online client reviews
• Hiring someone as a legitimate independent contractor vs employee
• Protecting your revenue stream using non-solicitation and non-disclosure agreements
• Making sure you get paid by customers/clients

Tariffs 101 and the Latest Updates

This was a special webinar added to the monthly schedule as a resource for small business owners to answer some of their questions about tariffs. Wade and Milito had an interactive discussion of tariff basics and shared the latest updates on administration actions.

Topics included:

• Tariffs 101 – What tariffs are and when they are assessed
• Tariff policy changes over the last two weeks
• Resources for small business owners on how to navigate tariff changes