I’ve talked a lot over the years about how hourly billing problems can destroy profitability in small service businesses. But a new service business … [Read more...] about How Hourly Billing Problems Destroy Profits
Hidden Small Business Pension Plan Costs
A couple of times recently, I’ve gotten into, er, spirited discussions with people about whether some small business pension plan costs too much to … [Read more...] about Hidden Small Business Pension Plan Costs
Honest Talk about Actual Tax Deferral Benefits
A short, technical blog post this week: I want to talk very precisely about the actual tax deferral benefits you get when you use something like an … [Read more...] about Honest Talk about Actual Tax Deferral Benefits
Donald Trump’s Net Operating Loss Deduction
Normally, this blog won’t touch a topic like Donald Trump’s net operating loss deduction. This editorial tactic isn’t because we support Mr. Trump or … [Read more...] about Donald Trump’s Net Operating Loss Deduction
Multistate Taxation: Avoiding Costs and Hassles
Last week’s blog post talked about how multistate taxation works and got into some of the nitty gritty details of nexus, public law 86-272 and then … [Read more...] about Multistate Taxation: Avoiding Costs and Hassles
Small Business Multistate Taxation: A Short Primer
More and more entrepreneurs need to understand small business multistate taxation because more and more small businesses are expanding the … [Read more...] about Small Business Multistate Taxation: A Short Primer
Do California S Corporations Save Taxes?
Typically S corporations save their shareholder-employees significant amounts of payroll taxes. But because of the California Subchapter S franchise … [Read more...] about Do California S Corporations Save Taxes?
What’s Wrong with the Economy
Have you followed or heard about Robert Gordon’s diagnosis of what’s wrong with the economy? I read Gordon’s book, “The Rise and Fall of American … [Read more...] about What’s Wrong with the Economy
You Should De-Localize Your Small Business
Can I share an odd idea with you? And I know this is maybe going to sound crazy… I think you need to stop thinking about your small business as a … [Read more...] about You Should De-Localize Your Small Business
S Corporation Tax Savings Calculator
Okay, an interesting idea. If you know what your small unincorporated business will generate in profits this year? And then you have a … [Read more...] about S Corporation Tax Savings Calculator