Most taxpayers probably aren’t thinking about avoiding net investment income tax. But they should. The net investment income tax hits more people than … [Read more...] about Avoiding Net Investment Income Tax
Asset Allocation for Small Business Owners and Entrepreneurs
In an online forum the other day, a long-time member advised someone to ignore their small business when considering their asset allocation. No one … [Read more...] about Asset Allocation for Small Business Owners and Entrepreneurs
Buying a Small Business: Tips and Tactics
I don't want to be negative about you buying a small business. Buying a small business can be a great option. But you need to be careful. Getting … [Read more...] about Buying a Small Business: Tips and Tactics
S Corporation Reasonable Compensation
Businesses often struggle with the "S corporation reasonable compensation" question. Set the number too low and you risk the wrath of the IRS. Set … [Read more...] about S Corporation Reasonable Compensation
When 1031 Like-kind Exchanges Don’t Make Sense
Real estate enthusiasts often go crazy about Sec. 1031 like-kind exchanges. But this tax planning gambit usually doesn’t make as much sense as you … [Read more...] about When 1031 Like-kind Exchanges Don’t Make Sense
Partnership Tax Consequences: What Your Financial Advisor Didn’t Tell You
Can we talk for a minute about partnership tax consequences? Specifically about a handful of issues that probably neither you nor your financial … [Read more...] about Partnership Tax Consequences: What Your Financial Advisor Didn’t Tell You
Small Business Net Present Value Analysis
Last week's blog post talked about how to calculate an internal rate of return for your small business investment returns. But you probably also want … [Read more...] about Small Business Net Present Value Analysis
Small Business Investment Returns Astronomical?
In this week's blog post, we're going to talk about small business investment returns. But if you read no further, please please take away this … [Read more...] about Small Business Investment Returns Astronomical?
Small CPA Firm Profitability
I’ve been fixated on the issue of small CPA firm profitability for a few months now—ever since I took the time to really dig into the … [Read more...] about Small CPA Firm Profitability
Benchmarking Small Business Revenues and Profits
Benchmarking small business revenues and profits often delivers big insights into a firm's health and prospects. Benchmarking revenues, for … [Read more...] about Benchmarking Small Business Revenues and Profits