The U.S. political landscape is constantly evolving, creating new challenges and opportunities for businesses. One significant trend is the rapid increase in spending on political advertising. According to a forecast by GroupM, U.S. election and advocacy advertising will reach an estimated $16 billion next year—a 31.2% jump from the 2020 presidential election. This surge presents […]

Managing payroll is a critical yet complex task for any business, requiring a reliable solution that can handle compliance, employee payments, and record-keeping with ease. Gusto Payroll Software has gained popularity for its user-friendly interface and comprehensive features, making it a go-to choice for many businesses. This Gusto Payroll Software Review is not compensated; however, […]

Understanding Blended Hourly Rates in Political Campaign Businesses There are a lot of ways to quote a project, but the two main strategies are hourly and project-based. In the case of hourly, it’s fairly straightforward with a small team doing similar work, but it’s not as easy to quantify when you have a larger team […]

As a campaign vendor, understanding billing practices and the distinction between commission and markup is essential. In this blog post, we’ll explore these concepts in detail and demonstrate how to accurately calculate each option. Gross vs. Net Rates First, let’s clarify the difference between gross and net rates. The gross rate represents the total amount […]

Running a small political business can be a challenging and time-consuming endeavor. One of the key aspects of managing a successful political business is proper accounting and bookkeeping practices. In this post, we’ll discuss some key considerations that you should keep in mind about accounting for small political businesses. Open a Separate Bank Account One […]

When starting a political business, one of the first decisions you’ll need to make is what type of business structure to use. There are several different types of business structures to choose from, each with its own set of advantages and disadvantages. The most common types of political business structures include sole proprietorships, partnerships, limited […]

Self-employment taxes refer to the taxes that self-employed individuals are responsible for paying on their income. These taxes include Social Security and Medicare taxes, which are collectively known as FICA (Federal Insurance Contributions Act) taxes. As a self-employed individual, you are responsible for paying both the employer and employee portions of FICA taxes. The current […]