This time of the year, tax accountants confront a common problem. That problem? Well, okay, this is awkward… but somehow, no one quite knows how, … [Read more...] about Late S Corporation Payroll Hacks
Section 199A Deduction Rookie Mistakes
Taxpayers and their accountants easily make Section 199A mistakes when they first start working with the deduction. We see that a lot in the returns … [Read more...] about Section 199A Deduction Rookie Mistakes
Cancelling Life Insurance: Three Rules for Pulling Plug
A nearly $5,000 invoice from a life insurance company sits on my desk. But I haven’t paid it yet. Because I'm considering cancelling the policy. … [Read more...] about Cancelling Life Insurance: Three Rules for Pulling Plug
How the IRS Destroyed the Section 199A Deduction for Small Business S Corporations and Partnerships
I’ve got some bad news, unfortunately. The IRS may have destroyed or dramatically reduced your Section 199A deduction. At least if you’re a typical … [Read more...] about How the IRS Destroyed the Section 199A Deduction for Small Business S Corporations and Partnerships
Small Business Succession Planning Secrets
I spent last weekend in eastern Montana with a handful of third and fourth generation farmers and ranchers, relatives of my wife. Truly beautiful … [Read more...] about Small Business Succession Planning Secrets
The Hidden Magic of Arithmetic Growth
Many investors know about geometric growth, which is what compound interest is. Investors, for example, know that if you earn an annual 5 percent … [Read more...] about The Hidden Magic of Arithmetic Growth
Are Houses Investments?
I got into a friendly argument with another financial writer recently. I said houses count as investments. He said houses didn’t count. We chatted … [Read more...] about Are Houses Investments?
A Dozen Reasons for Direct Real Estate Investment
Okay, I am not a direct real estate investment fanatic. Absolutely not. Further, I get that direct real estate investment burdens investors with … [Read more...] about A Dozen Reasons for Direct Real Estate Investment
What Lifetime Earnings Data Says About College Majors and Graduate Degrees
In a few weeks, students will start or return to college and register for classes. Given this, I thought it’d be a good time to follow-up on last … [Read more...] about What Lifetime Earnings Data Says About College Majors and Graduate Degrees
Rate of Return of Everything Line Charts
About a year and a half ago, a group of researchers published a study that summarized rates of return on equities, housing and bonds for 16 countries … [Read more...] about Rate of Return of Everything Line Charts