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
entrepreneurship
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 m … [Read more...] about Sleeper Material Participation Rules for Short-Term Rental Investors
Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Washington state taxes the estates of high-net-worth residents and high-net-worth nonresidents who own property in the state. The tax rates start at … [Read more...] about Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Nate Silver On the Edge: Actionable Insights for Entrepreneurs
I read Nate Silver’s On the Edge on a recent trip to the California desert. The book isn’t really about entrepreneurship or small business ownership pe … [Read more...] about Nate Silver On the Edge: Actionable Insights for Entrepreneurs
The Real Estate Investment Every Entrepreneur Should Consider
I’m not a real estate investment fanatic. I mean, sure, I think real estate investment probably belongs in most people’s portfolios. But you can do tha … [Read more...] about The Real Estate Investment Every Entrepreneur Should Consider
The Section 183 Schedule C Problem
Last month we blogged about potential issues with short-term rentals and Section 183. Section 183 is part of the tax law that says you cannot deduct … [Read more...] about The Section 183 Schedule C Problem
Advanced S Corporation Tax Planning Secrets
Note: Updated June 18, 2026 for One Beautiful Bill Act changes. Five million small businesses operate as S corporations. And surely most of those … [Read more...] about Advanced S Corporation Tax Planning Secrets
Wealth Building Insights from Latest Federal Reserve Study
The Federal Reserve's newest Survey of Consumer Finances provides at least a couple of big, actionable, wealth building insights. Ironically, much … [Read more...] about Wealth Building Insights from Latest Federal Reserve Study
The Qualified Family-Owned Small Business Deduction
If you own or invested in a Washington state small business, you want to know about the qualified family-owned small business deduction. And here’s … [Read more...] about The Qualified Family-Owned Small Business Deduction
Six Hacks to Simplify Small Business Accounting and Taxes
Starting a new business? This suggestion: Keep your small business accounting and your taxes simple. Really simple. The reason? In the post-pandemic … [Read more...] about Six Hacks to Simplify Small Business Accounting and Taxes