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Stephen Nelson CPA

How to Grow a Small Business

August 22, 2016 By Stephen Nelson CPA

Picture of a small plant growing in a jar filled with coins

Some friends, all small business owners, got together over the weekend. As people tend to do at these get-togethers, the discussion soon turned to … [Read more...] about How to Grow a Small Business

Filed Under: management, New business, Strategy

Please Bump Your Prices for Inflation

August 15, 2016 By Stephen Nelson CPA

Closeup portrait of desperate young man showing clasped hands, pretty please with sugar on top isolated on gray wall background. Human emotion facial expression feelings, body language

Can I make a practical suggestion to you? You ought to be better about bumping your prices for inflation. No, I get it. The economy has been tough … [Read more...] about Please Bump Your Prices for Inflation

Filed Under: business taxes, health care, insurance, management, Strategy

The Software As A Service (SaaS) Sec. 199 Loophole

August 8, 2016 By Stephen Nelson CPA

Consultant promoting cloud computing resources and services

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

Filed Under: business taxes, Corporate taxation

Really Simplified Guide to Small Business Obamacare Rules

August 1, 2016 By Stephen Nelson CPA

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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

Filed Under: business taxes, health care, insurance, management

Little Known Benefits of an S Corporation

July 25, 2016 By Stephen Nelson CPA

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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

Filed Under: business taxes, Corporate taxation, Incorporation

Seven Reasons for Starting Your Own Business

July 11, 2016 By Stephen Nelson CPA

Conceptual Startup word painted on asphalt road

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

Filed Under: management, New business, Strategy

Diseconomy of Subscription-Style Services

June 27, 2016 By Stephen Nelson CPA

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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

Filed Under: management, Software

Thomas Jefferson’s De Facto Bankruptcy

June 20, 2016 By Stephen Nelson CPA

picture of Monticello, Thomas Jefferson's home in Virgnia

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

Filed Under: personal finance, retirement, Strategy

Perpetuating a Family Business

June 13, 2016 By Stephen Nelson CPA

Picture of Tobacco leaves drying in the shed.

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

Filed Under: management, retirement, Strategy

George Washington’s Business Secrets

June 6, 2016 By Stephen Nelson CPA

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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

Filed Under: management, New business, personal finance, Strategy

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Featured Posts

Powerball Lottery tax planning says you take the lump sum not the annuity

Powerball Lottery Tax Planning

A while back I talked about Lottery Tax Planning for a Billion Dollar Drawing. And what I said in the earlier article still stands... But the recent … [Read More...] about Powerball Lottery Tax Planning

Start counting hours for material participation before you launch

When Material Participation Really Starts (It’s Earlier Than Most People Think)

Material participation sits at the heart of many powerful tax strategies. Whether you’re running a small business, flipping houses, managing a … [Read More...] about When Material Participation Really Starts (It’s Earlier Than Most People Think)

R&D deductions work differently under the One Big Beautiful Bill

One Big Beautiful Bill’s New R&D Deductions

The OBBB, also known as the One Big Beautiful Bill, also known as the American Innovation and Growth Act of 2025, makes a useful change to the R&D … [Read More...] about One Big Beautiful Bill’s New R&D Deductions

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