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New business

In-N-Out Burger: Masterpiece Burger, Masterpiece Business

June 3, 2019 By Stephen Nelson CPA

I really, really like In-N-Out Burger. In fact, my opinion? In-N-Out delivers the very best fast food burger available. This blog post isn’t a … [Read more...] about In-N-Out Burger: Masterpiece Burger, Masterpiece Business

Filed Under: management, New business, Strategy

The Illusions of Entrepreneurship Professors

April 15, 2019 By Stephen Nelson CPA

Picture of professor in front of students

Late last year, I posted a couple of essays that defended Thomas Stanley’s Millionaire Next Door theory: Defending the Millionaire Next Door Theory … [Read more...] about The Illusions of Entrepreneurship Professors

Filed Under: New business, personal finance

How to Apply for a Washington Business License

January 2, 2019 By Beth Nelson CPA

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If your company does business in Washington, then you likely need a Washington business license. Luckily, applying for a new business license in … [Read more...] about How to Apply for a Washington Business License

Filed Under: business taxes, New business

The Millionaire Next Door Business Plan

December 3, 2018 By Stephen Nelson CPA

Last week, after reading the newest book in the “Millionaire Next Door” series, I critiqued the critics. More specifically, I pointed out how the … [Read more...] about The Millionaire Next Door Business Plan

Filed Under: New business, personal finance

Defending “Millionaire Next Door” Theory: What Stanley’s Critics Got Wrong

November 26, 2018 By Stephen Nelson CPA

Pile of banknotes of one hundred dollars. Selective focus. Closeup. Background.

I recently read The Next Millionaire Next Door, the latest book in the “Millionaire Next Door” series started by Thomas Stanley and William Danko more … [Read more...] about Defending “Millionaire Next Door” Theory: What Stanley’s Critics Got Wrong

Filed Under: New business, personal finance

Washington Small Business Payroll Setup Tips

July 16, 2018 By Beth Nelson CPA

Photo of pinned Olympia on a map of USA. May be used as illustration for travelling theme.

You know your business needs to hire employees, and you’re already on board with using a full-service payroll provider such as Gusto, Intuit … [Read more...] about Washington Small Business Payroll Setup Tips

Filed Under: business taxes, Corporate taxation, New business

Small Business Monte Carlo Simulation

May 28, 2018 By Stephen Nelson CPA

Picture of Playing cards with chips. Watercolor background.

Somebody asked me about building a small business Monte Carlo simulation worksheet. They’d seen the earlier blog post we’d done about stock market … [Read more...] about Small Business Monte Carlo Simulation

Filed Under: management, New business, Strategy

The Technology Entrepreneurship Intersection

January 29, 2018 By Stephen Nelson CPA

technology entrepreneurship intersection

Last week, this blog discussed one of the important small business insights from Bhu Srinivasan’s excellent book, Americana: A 400-year History of … [Read more...] about The Technology Entrepreneurship Intersection

Filed Under: management, New business, Software, Strategy

Small Business Postmortem: Funeral for a Friend

January 8, 2018 By Stephen Nelson CPA

Picture of napkin doodles someone makes as part of doing a small business post mortem

A few weeks ago, an old vendor we still buy a few items from called. And for an odd reason. They wanted help with a small business postmortem of their … [Read more...] about Small Business Postmortem: Funeral for a Friend

Filed Under: management, New business, Strategy

IRS Wealth Statistics Paint Fascinating Picture of Top One Percent

December 11, 2017 By Stephen Nelson CPA

IRS wealth statistics paint a different picture of the top one percent

IRS wealth statistics paint a fascinating picture of the wealthiest Americans—but oddly a picture that diverges from what the mainstream media … [Read more...] about IRS Wealth Statistics Paint Fascinating Picture of Top One Percent

Filed Under: New business, personal finance

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Featured Posts

Trump Savings Accounts provide a slick way for parents to save money for kids.

Trump Savings Accounts – Free Money from the Government

Child focused tax benefits have taken on many forms over the years.  We've had child tax credits, dependent care credits, education credits, 529 … [Read More...] about Trump Savings Accounts – Free Money from the Government

Combine Section 1031 like-kind exchanges with Section 168(k) bonus depreciation to create large deductions.

Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

Real estate investors know about bonus depreciation. They also know about 1031 like-kind exchanges. But not everyone realizes that the two rules can … [Read More...] about Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

100% bonus depreciation creates new opportunities for investors and entrepreneurs

The Section 168(k) Bonus Depreciation Purchased Requirement

You can get 100% bonus depreciation on tangible personal property assets you purchase and place into service after January 19, 2025. That seems … [Read More...] about The Section 168(k) Bonus Depreciation Purchased Requirement

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