• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Evergreen Small Business

Actionable Insights from Small Business CPAs

  • Home
  • Small Business FAQ
  • Monographs
    • Maximizing PPP Loan Forgiveness
    • Preparing U.S. Tax Returns for International Taxpayers
    • Maximizing Sec. 199A Deductions Monograph
    • Setting Low Salaries for S Corporations
    • Small Business Tax Deduction Secrets
    • Real Estate Tax Loopholes & Secrets
    • Preparing Form 3115 for the Tangible Property Regulations
    • Small Businesses and the Affordable Care Act (Obamacare)
    • Five Minute Payroll Monograph (2019 Edition)
    • Download Your Free Copy of the Thirteen Word Retirement Plan
    • Business Planning Workbook
    • Sample Corporate Bylaws
    • LLC Operating Agreement
    • Joining Our Affiliate Program
  • Our Bloggers
  • Free LLC Formation Kits
    • Alabama LLC
    • Alaska LLC
    • Arizona LLC
    • Arkansas LLC
    • California LLC
    • Colorado LLC
    • Connecticut LLC
    • Delaware LLC
    • Florida LLC
    • Georgia LLC
    • Hawaii LLC
    • Idaho LLC
    • Illinois LLC
    • Indiana LLC
    • Iowa LLC
    • Kansas LLC
    • Kentucky LLC
    • Louisiana LLC
    • Maine LLC
    • Maryland LLC
    • Massachusetts LLC
    • Michigan LLC
    • Minnesota LLC
    • Mississippi LLC
    • Missouri LLC
    • Montana LLC
    • Nebraska LLC
    • Nevada LLC
    • New Hampshire LLC
    • New Jersey LLC
    • New Mexico LLC
    • New York LLC
    • North Carolina LLC
    • North Dakota LLC
    • Ohio LLC
    • Oklahoma LLC
    • Oregon LLC
    • Pennsylvania LLC
    • Rhode Island LLC
    • South Carolina LLC
    • South Dakota LLC
    • Tennessee LLC
    • Texas LLC
    • Utah LLC
    • Vermont LLC
    • Virginia LLC
    • Washington LLC
    • West Virginia LLC
    • Wisconsin LLC
    • Wyoming LLC
  • S Corporation Kits
    • Alabama S Corporation
    • Alaska S Corporation
    • Arizona S Corporation
    • Arkansas S Corporation
    • California S Corporation
    • Colorado S Corporation
    • Connecticut S Corporation
    • Delaware S Corporation
    • Florida S Corporation
    • Georgia S Corporation
    • Hawaii S Corporation
    • Idaho S Corporation
    • Illinois S Corporation
    • Indiana S Corporation
    • Iowa S Corporation
    • Kansas S Corporation
    • Kentucky S Corporation
    • Louisiana S Corporation
    • Maine S Corporation
    • Maryland S Corporation
    • Massachusetts S Corporation
    • Michigan S Corporation
    • Minnesota S Corporation
    • Mississippi S Corporation
    • Missouri S Corporation
    • Montana S Corporation
    • Nebraska S Corporation
    • Nevada S Corporation
    • New Hampshire S Corporation
    • New Jersey S Corporation
    • New Mexico S Corporation
    • New York S Corporation
    • North Carolina S Corporation
    • North Dakota S Corporation
    • Ohio S Corporation
    • Oklahoma S Corporation
    • Oregon S Corporation
    • Pennsylvania S Corporation
    • Rhode Island S Corporation
    • South Carolina S Corporation
    • South Dakota S Corporation
    • Tennessee S Corporation
    • Texas S Corporation
    • Utah S Corporation
    • Vermont S Corporation
    • Virginia S Corporation
    • Washington S Corporation
    • West Virgina S Corporation
    • Wisconsin S Corporation
    • Wyoming S Corporation
  • Contact Nelson CPA

Incorporation

Section 1202 Qualified Small Business Stock Exclusion

November 27, 2019 By Christian Block CPA

Are you a small business owner who wants to sell your firm? Do you operate as a "C" corporation? You definitely want to know how Section 1202 … [Read more...] about Section 1202 Qualified Small Business Stock Exclusion

Filed Under: business taxes, Corporate taxation, Incorporation, New business

Subchapter S Election Timing Tips & Tricks

October 23, 2017 By Stephen Nelson CPA

Picture of Subchapter S election timing tips and tricks cover image

You want to understand how Subchapter S election timing works. Understand the timing, for example, and you avoid common mistakes. Further, understand … [Read more...] about Subchapter S Election Timing Tips & Tricks

Filed Under: Corporate taxation, Incorporation, S corporation

Buying a Small Business: Tips and Tactics

April 24, 2017 By Stephen Nelson CPA

Picture of small business owner opening his wine shop

I don't want to be negative about you buying a small business. Buying a small business can be a great option. But you need to be careful. Getting … [Read more...] about Buying a Small Business: Tips and Tactics

Filed Under: Incorporation, management, New business

Small Business Net Investment Income Tax Primer

October 31, 2016 By Stephen Nelson CPA

Picture of adult education class raising hands to ask questions.

If you’re an entrepreneur or small business owner, you want to know about how the Obamacare net investment income tax works. Accordingly, in this blog … [Read more...] about Small Business Net Investment Income Tax Primer

Filed Under: business taxes, Incorporation, personal finance

Little Known Benefits of an S Corporation

July 25, 2016 By Stephen Nelson CPA

Picture of woman telling man a secret

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

Should You Use an S Corporation for a Sideline or Part-time Business?

March 2, 2015 By Stephen Nelson CPA

Picture of women working at computer with baby in lap

  Pretty regularly, people come to us for help with an S corporation they've already set up. And that’s fine. We love helping small … [Read more...] about Should You Use an S Corporation for a Sideline or Part-time Business?

Filed Under: business taxes, Incorporation, management

Are One-person S Corporations Illegal?

January 2, 2015 By Stephen Nelson CPA

Picture of man smoking cigar and counting money.

  A client came into the office the other day and mentioned she had heard one can’t use an S corporation for a one person business or for … [Read more...] about Are One-person S Corporations Illegal?

Filed Under: business taxes, Incorporation, management, personal finance

Download a free incorporation or LLC formation kit

March 21, 2014 By Stephen Nelson CPA

Picture of entrepreneur working on clear writing board.

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

Steps for Electing Sub S Status for Washington LLC or Corp

July 11, 2013 By Stephen Nelson CPA

Picture of scissors cutting a piece of paper with taxes written on it.

In earlier posts, I've described how to set up your own Washington corporation or limited liability company. And I've talked about the rules for and … [Read more...] about Steps for Electing Sub S Status for Washington LLC or Corp

Filed Under: business taxes, Incorporation, New business

How to Make S Elections for Washington Businesses

July 9, 2013 By Stephen Nelson CPA

Picture of legal document and judge's mallet

Both Washington state corporations and limited liability companies can elect to use the tax accounting rules described in Subchapter S of the Internal … [Read more...] about How to Make S Elections for Washington Businesses

Filed Under: business taxes, Incorporation

  • Go to page 1
  • Go to page 2
  • Go to Next Page »

Primary Sidebar

Welcome

Nelson CPA publishes this blog to help and encourage small business owners. Click here to learn more about our firm.

Need to help clients with their PPP loan forgiveness applications?

Updated for 2019 tax year changes and now available in print from Amazon!!

Maximizing Sec. 199A Deductions

International tax issues?

Preparing US tax returns for international taxpayers

Maximize S corporation tax savings

Setting Low S Corporation Salaries

Free retirement planning help

Picture of Thirteen Word Retirement Plan book

Featured Posts

Work opportunity tax credit provides big tax savings for employers

Don’t Forget About The Work Opportunity Tax Credit!

The Work Opportunity Tax Credit, or WOTC for short, gets little attention these days.  COVID relief programs such as the Paycheck Protection Program … [Read More...] about Don’t Forget About The Work Opportunity Tax Credit!

Fixing 199A Deduction Errors is awkward but a good idea.

199A Deduction Errors Cost Small Businesses Big Refunds

The Section 199A deduction lets business owners avoid federal income taxes on that last twenty percent of their business income. Which sounds … [Read More...] about 199A Deduction Errors Cost Small Businesses Big Refunds

Roth alternatives exist blog post

Ten Best Roth Alternatives

All the talk about tax law changes, including changes to the Roth rules and then the prospect of higher tax rates for some, seems to be jacking … [Read More...] about Ten Best Roth Alternatives

Recent Comments

  • Stephen Nelson CPA on 199A Deduction Errors Cost Small Businesses Big Refunds
  • Mona Jones on 199A Deduction Errors Cost Small Businesses Big Refunds
  • Stephen Nelson CPA on 16 Ways of Qualifying for Employee Retention Credits
  • Chris on 16 Ways of Qualifying for Employee Retention Credits
  • Jerry Seo on 16 Ways of Qualifying for Employee Retention Credits

Archives

Search

Copyright © 2022 Stephen L. Nelson, Inc. · News Pro On Genesis Framework · WordPress