In this month’s Business Byte, LAEDA’s Assistant Program Manager of the Women’s Business Center, Sophie Werner, gives a brief overview of business insurance policies and highlights the importance of classifying employees correctly (W2 vs. 1099). Don’t risk what you’ve worked so hard to build!

Camden, NJ- On Thursday, January 14, 2021 LAEDA WBC hosted 2021 Tax Considerations for your Small Business with panelists Sheryl Paynter from U.S. Small Business Administration (SBA), Anthony Martinez and Carla Morrison from New Jersey Economic Development Authority (NJEDA) and Victor Garrido, enrolled agent, CPA and founder of GG CPA Services. The panelists gathered to discuss best practices for its views ready for small business as they approach tax season. Each representative wanted to ensure that business owners have accurate and complete records to show to the IRS without overpaying.

Tracy Ferguson is the owner of Passion Driven Parties, which is a one-stop shop for all of your event planning needs! Passion Driven Parties believes that every blessing in life should be celebrated- in spite of fact that we are living in a pandemic! She is also a graduate of LAEDA’s Entrepreneurial Development Training Program (EDTP). We had a chance to sit down with Tracy Ferguson to ask about her experience with entrepreneurship and LAEDA's training program.