Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
Author Archives: Eric Killian
06
Mar
Mar
Curious what secrets accountants are holding back about the Employee Retention Credit? Here are 5 Employee Retention Credit (ERC) tips you’d pay an accountant for.
12
Oct
Oct
If you’re anything like our current clients, you’re probably skeptical of just how much you can get back in tax refunds and credits from the Employee Retention Credit. $34,000? $116,000? $365,000!? These are real numbers! More importantly, these are real amounts of cash being received by fitness businesses and gyms across the country thanks to […]
24
Aug
Aug
Like most good things in life, you have to ask yourself: Is the reward worth the effort? When it comes to getting that last wrinkle out of your linen shirt, we’d say the answer is probably “no”. If we’re talking about potentially receiving tens of thousands of dollars back for your business after an incredibly […]
22
Aug
Aug
Today’s guest post is by The Fitness CPA’s recommended human resources company, ERG HR. If you haven’t yet heard of ERG for fitness HR services, we strongly recommend you check them out! Most fitness business leaders don’t have the time or expertise to properly manage HR compliance. ERG created a simple framework that combines people […]
18
Aug
Aug
Started a Business in 2020 or 2021? You May Qualify as a Recovery Startup Business For The Employee Retention Credit If you started a business just prior to, or during, the pandemic… we’re sorry? But in all seriousness, congratulations on achieving a big milestone during such a tumultuous time. And we may have some encouraging […]
13
Jul
Jul
NPE and The Fitness CPA join forces to help fitness businesses improve profitability and accelerate growth. Here at The Fitness CPA, we’re excited to announce that we’ve officially become a part of the NPE faculty. Are you familiar with the team over at NPE? If you aren’t yet, here’s your sign to check them […]
Business Ownership, Employee Retention Credit (ERC)
Join Free Virtual Event: The Fitness CPA x Club Industry Future of Fitness 2021
15
Jun
Jun
Eric Killian, CPA of The Fitness CPA will be a guest speaker during Club Industry’s Future of Fitness 2021 Virtual Event on Wednesday, June 16, 2021. If you aren’t aware of Club Industry yet, you’re going to want to check them out. They are a knowledge powerhouse within the fitness industry, covering content from trending […]
Employee Retention Credit (ERC)
Why are gyms and fitness businesses getting back SO much money from the employee retention credit?
02
Jun
Jun
Would you rather watch than read? Join us over on YouTube! If you’re anything like our current clients, you’re probably skeptical of why so much money in tax refunds and credits is available from the Employee Retention Credit. “I thought, “No Way!?” Is this a prank? We’re getting back $116, 323! The […]