I want to talk about S corporation partnerships in this week's blog post. And here's why: S corporations provide great tax savings, but … [Read more...] about S Corporation Partnerships Let You Break Rules
New business
How Hourly Billing Problems Destroy Profits
I’ve talked a lot over the years about how hourly billing problems can destroy profitability in small service businesses. But a new service business … [Read more...] about How Hourly Billing Problems Destroy Profits
Do California S Corporations Save Taxes?
Typically S corporations save their shareholder-employees significant amounts of payroll taxes. But because of the California Subchapter S franchise … [Read more...] about Do California S Corporations Save Taxes?
What’s Wrong with the Economy
Have you followed or heard about Robert Gordon’s diagnosis of what’s wrong with the economy? I read Gordon’s book, “The Rise and Fall of American … [Read more...] about What’s Wrong with the Economy
How to Grow a Small Business
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
Seven Reasons for Starting Your Own Business
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
George Washington’s Business Secrets
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
Paying Zero S Corporation Shareholder-Employee Wages
I stumbled onto an online forum discussion recently where participants were berating some new S corporation owner about paying zero S corporation … [Read more...] about Paying Zero S Corporation Shareholder-Employee Wages
Accounting System Recommendations for Novice Bookkeepers
Small-business owners ask us all the time about how they should set up their accounting system. Accordingly, in our office, the accountants have … [Read more...] about Accounting System Recommendations for Novice Bookkeepers
Lessons from Liberty Tax Service, Part 2
Last week I posted a pretty glowing review of Liberty Tax Service’s franchise model. In short, I basically fawned over the stuff Liberty does really … [Read more...] about Lessons from Liberty Tax Service, Part 2