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New business

Lessons from Liberty Tax Service, Part 2

January 18, 2016 By Stephen Nelson CPA

Picture of 1040 tax return

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

Filed Under: business taxes, New business, Strategy

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

Picture of man using circular saw

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

Picture of an abandoned derelict mansion

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

Picture of man standing in front of gigantic whiteboard.

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

Picture of sign with word benchmarking in big yellow letters

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

Picture of entrepreneur working on clear writing board.

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

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Featured Posts

Use the Section 199A Deduction Calculator to estimate the new "Qualified Business Income" deduction.

Section 199A QBI Deduction Calculator

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

Millionaires' tax limits charitable deductions

Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

If you’re a taxpayer likely affected by Washington’s new “millionaire tax?” Or you run a charity in Washington state? Yeah. You want to understand how … [Read More...] about Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

Sleeper material participation methods sometimes work for short-term rentals

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 … [Read More...] about Sleeper Material Participation Rules for Short-Term Rental Investors

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