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Stephen Nelson CPA

Download a free incorporation or LLC formation kit

March 21, 2014 By Stephen Nelson CPA

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10/6/2014 Editors note: On October 1, we discontinued our free giveaway of do-it-yourself incorporation kits... Sorry. See here if you're curious … [Read more...] about Download a free incorporation or LLC formation kit

Filed Under: Incorporation, New business

Seahawks Suggest Stratagems for Small Business Success

February 27, 2014 By Stephen Nelson CPA

Picture of Seattle Space Needle flying Seahawks 12th man flag

Last weekend, I finished reading Pete Carroll's book, "Win Forever." The book makes for a fun read. Especially for Seahawks fans wanting to--no … [Read more...] about Seahawks Suggest Stratagems for Small Business Success

Filed Under: management

Income Allocation Versus Asset Allocation: Why Income Allocation is More Important

February 17, 2014 By Stephen Nelson CPA

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You may have heard of, may even yourself use, the tactic of asset allocation in your own investing. And that's great. Asset allocation largely … [Read more...] about Income Allocation Versus Asset Allocation: Why Income Allocation is More Important

Filed Under: management, personal finance

Asset Seizures and Forfeitures and Your S Corporation

February 10, 2014 By Stephen Nelson CPA

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I've been a big fan of the FX series "Justified" the last few years. Based on an Elmore Leonard short story, "Fire in the Hole," the series follows … [Read more...] about Asset Seizures and Forfeitures and Your S Corporation

Filed Under: business taxes, management

Money Mistakes of the Top One Percent

February 3, 2014 By Stephen Nelson CPA

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This is the final post I'll do about the IRS personal wealth statistics on the richest one percent in America. At least for a while. What I am … [Read more...] about Money Mistakes of the Top One Percent

Filed Under: management, personal finance

Smart Wealth Strategies of the One Percent

January 27, 2014 By Stephen Nelson CPA

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The personal wealth statistics supplied by the IRS (which I’ve blogged about in other posts here like Joining the Top Five Percent or Top One Percent … [Read more...] about Smart Wealth Strategies of the One Percent

Filed Under: management, New business, personal finance

Caricaturing the One Percent

January 20, 2014 By Stephen Nelson CPA

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A few weeks ago, in response to all the renewed interest in Washington D.C. politics about the inequality of income and wealth in America, I cobbled … [Read more...] about Caricaturing the One Percent

Filed Under: management, personal finance

S Corporations, Health Insurance and Obamacare

January 13, 2014 By Stephen Nelson CPA

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The Affordable Care Act (also known as Obamacare) makes a number of changes to the way that small businesses account for and treat health insurance … [Read more...] about S Corporations, Health Insurance and Obamacare

Filed Under: Bookkeeping, personal finance

Joining the Top One Percent or Top Five Percent Club

December 27, 2013 By Stephen Nelson CPA

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  Politicians from both the left and right have begun to discuss again the inequality of wealth and income in the United States. I … [Read more...] about Joining the Top One Percent or Top Five Percent Club

Filed Under: personal finance

Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans

November 14, 2013 By Stephen Nelson CPA

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I spent a recent weekend golfing in Palm Springs with my brothers. We live in different parts of the country so the weekend is less about the bad … [Read more...] about Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans

Filed Under: management, personal finance

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Use our S corporation tax savings calculator to make a quick estimate of the annual tax savings per owner.

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Featured Posts

Use the Section 199A Deduction Calculator to estimate the new "Qualified Business Income" deduction.

Section 199A QBI Deduction Calculator

Starting in 2026, the Section 199A deduction works slightly different. Congress adjusted the formulas for inflation, improved how future inflation … [Read More...] about Section 199A QBI Deduction Calculator

Millionaires' tax limits charitable deductions

Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

If you’re a taxpayer likely affected by Washington’s new “millionaire tax?” Or you run a charity in Washington state? Yeah. You want to understand how … [Read More...] about Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

Sleeper material participation methods sometimes work for short-term rentals

Sleeper Material Participation Rules for Short-Term Rental Investors

Short-term rental investors often know the first three material participation rules—more than 500 hours, substantially all the hours, and 100 hours … [Read More...] about Sleeper Material Participation Rules for Short-Term Rental Investors

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