Are you running an SaaS business? You know, "software as a service"? And are you taking the Software As A Service Sec. 199 domestic production … [Read more...] about The Software As A Service (SaaS) Sec. 199 Loophole
Really Simplified Guide to Small Business Obamacare Rules
A couple of weeks ago, we did a blog post for tax accountants about how the Affordable Care Act rules apply in 2016 to small businesses. When Bob … [Read more...] about Really Simplified Guide to Small Business Obamacare Rules
Little Known Benefits of an S Corporation
Many small business owners and basically every accountant knows the attraction of an S corporation. In a nutshell, an S corporation allows a … [Read more...] about Little Known Benefits of an S Corporation
Seven Reasons for Starting Your Own Business
Okay. Sure. I get it. Starting your own business involves risks. You end up, usually, with a big chunk of your personal wealth tied up in the … [Read more...] about Seven Reasons for Starting Your Own Business
Diseconomy of Subscription-Style Services
I’ve got a new idea to really boost the profitability of my small CPA firm. You might want to try something similar, so I’ll share the gambit. … [Read more...] about Diseconomy of Subscription-Style Services
Thomas Jefferson’s De Facto Bankruptcy
You probably know that Thomas Jefferson wrote the Declaration of Independence. You may remember that he negotiated the best real estate deal in the … [Read more...] about Thomas Jefferson’s De Facto Bankruptcy
Perpetuating a Family Business
This week I want to talk about perpetuating a family business. I mentioned in last week’s blog post my recent trip to Virginia. And the trip, a … [Read more...] about Perpetuating a Family Business
George Washington’s Business Secrets
We probably all expect to get the truly great business insights from some Harvard or Stanford business school professor who has just completed … [Read more...] about George Washington’s Business Secrets
Safe Harbor S Corporation Salaries
One of the challenges of setting a reasonable compensation amount for shareholder-employees of an S corporation is that no official “safe harbor” … [Read more...] about Safe Harbor S Corporation Salaries
Paying Zero S Corporation Shareholder-Employee Wages
I stumbled onto an online forum discussion recently where participants were berating some new S corporation owner about paying zero S corporation … [Read more...] about Paying Zero S Corporation Shareholder-Employee Wages