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New business

Lessons from Liberty Tax Service, Part 1

January 11, 2016 By Stephen Nelson CPA

Picture of statute of liberty holding a sign that says income tax

A few weeks back, I attended a presentation for people interested in becoming Liberty Tax franchisees. A friend was thinking about the franchise, … [Read more...] about Lessons from Liberty Tax Service, Part 1

Filed Under: business taxes, management, New business, Strategy

Blue Collar S Corporations

December 1, 2015 By Stephen Nelson CPA

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I watched the CNBC television show, “Blue Collar Millionaires” over the summer. A good show, episodes (rightly) hammer home the point that America … [Read more...] about Blue Collar S Corporations

Filed Under: business taxes, Corporate taxation, New business Tagged With: S corporation

The Rich Get Poorer: the Myth of Dynastic Wealth

September 1, 2015 By Stephen Nelson CPA

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In the recent paper, “The Rich Get Poorer: the Myth of Dynastic Wealth,” Robert D Arnott, William J. Bernstein, and Lillian J Wu analyze the arguments … [Read more...] about The Rich Get Poorer: the Myth of Dynastic Wealth

Filed Under: business taxes, management, New business, personal finance, retirement

Ten Tips for Effective Web Marketing of Your Small CPA Firm

June 11, 2015 By Stephen Nelson CPA

I’m continually surprised, frankly, by how powerful a tool the web is for marketing for small businesses. I’ve regularly shared this observation … [Read more...] about Ten Tips for Effective Web Marketing of Your Small CPA Firm

Filed Under: management, New business

Will Obamacare Penalties Kill Your Small Business?

May 11, 2015 By Stephen Nelson CPA

So the first thing I need to say, before you jump to any wrong conclusions, is this: This blog is only about the nuts and bolts of you running a small … [Read more...] about Will Obamacare Penalties Kill Your Small Business?

Filed Under: business taxes, management, New business

Using the Delphi Method for Small Business Problem Solving

May 1, 2015 By Stephen Nelson CPA

Over the past year or so, something pretty remarkable, weird even, has gone on in a LinkedIn group I happen to be a member of. Note: The group name … [Read more...] about Using the Delphi Method for Small Business Problem Solving

Filed Under: management, New business, Strategy

How to Not to Become a Billionaire

January 19, 2015 By Stephen Nelson CPA

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Peter Thiel in his recent book From Zero to One makes a bunch of interesting, useful points about entrepreneurship. Thiel, as you may already know, … [Read more...] about How to Not to Become a Billionaire

Filed Under: management, New business, Strategy

Benchmarking for Better Financial Results

December 16, 2014 By Stephen Nelson CPA

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The American Institute of Certified Public Accountants (AICPA) just published a guest post (see here) I recently wrote about the online dynamic … [Read more...] about Benchmarking for Better Financial Results

Filed Under: management, New business, Strategy

Five Questions Your Business Plan Must Answer

September 8, 2014 By Stephen Nelson CPA

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To follow up on the last couple of weeks of blog posts about strategy and common business formulas, I thought this week I’d talk about how to write a … [Read more...] about Five Questions Your Business Plan Must Answer

Filed Under: management, New business, Strategy

Six Common Formulas for Small Business Success

September 1, 2014 By Stephen Nelson CPA

Drawing of light bulb with small business words and phrases written inside bulb

Professional business advisors like me hold all sorts of ideas about small business success formulas, or recipes. But can I share something that’s … [Read more...] about Six Common Formulas for Small Business Success

Filed Under: management, New business, Strategy

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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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