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personal finance

Money Mistakes of the Top One Percent

February 3, 2014 By Stephen Nelson CPA

Picture of maze

This is the final post I'll do about the IRS personal wealth statistics on the richest one percent in America. At least for a while. What I am … [Read more...] about Money Mistakes of the Top One Percent

Filed Under: management, personal finance

Smart Wealth Strategies of the One Percent

January 27, 2014 By Stephen Nelson CPA

Picture of poster with drawing business concept and money, close up

The personal wealth statistics supplied by the IRS (which I’ve blogged about in other posts here like Joining the Top Five Percent or Top One Percent a … [Read more...] about Smart Wealth Strategies of the One Percent

Filed Under: management, New business, personal finance

Caricaturing the One Percent

January 20, 2014 By Stephen Nelson CPA

Picture of a rider on horse

A few weeks ago, in response to all the renewed interest in Washington D.C. politics about the inequality of income and wealth in America, I cobbled … [Read more...] about Caricaturing the One Percent

Filed Under: management, personal finance

S Corporations, Health Insurance and Obamacare

January 13, 2014 By Stephen Nelson CPA

Picture of freeway sign with phrase Affordable Care Act

The Affordable Care Act (also known as Obamacare) makes a number of changes to the way that small businesses account for and treat health insurance … [Read more...] about S Corporations, Health Insurance and Obamacare

Filed Under: Bookkeeping, personal finance

Joining the Top One Percent or Top Five Percent Club

December 27, 2013 By Stephen Nelson CPA

Picture of mature African American couple (50s and 60s) at a country club, standing in front of clubhouse. Main focus on woman.

  Politicians from both the left and right have begun to discuss again the inequality of wealth and income in the United States. I … [Read more...] about Joining the Top One Percent or Top Five Percent Club

Filed Under: personal finance

Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans

November 14, 2013 By Stephen Nelson CPA

Picture of golf carts on course in desert.

I spent a recent weekend golfing in Palm Springs with my brothers. We live in different parts of the country so the weekend is less about the bad … [Read more...] about Absurdly Good Retirements: What Small Business Owners Can Learn from Public Employee Plans

Filed Under: management, personal finance

S Corporations with Foreign Shareholder-employees

September 6, 2013 By Stephen Nelson CPA

Picture of tropical beach.

A client asked a couple of interesting questions a week or two ago. Questions about S corporation foreign shareholder-employees. First, can an S … [Read more...] about S Corporations with Foreign Shareholder-employees

Filed Under: business taxes, management, personal finance, S corporation

Pension Deductions Versus Payroll Taxes

July 10, 2013 By Stephen Nelson CPA

Picture of Pink piggy bank with glasses standing on books next to a blackboard with simple retirement formula. Sharp focus on the piggy bank.

I've been hanging out at the bogleheads.org forum recently. And in a discussion about business owner salaries, another forum member asked how one … [Read more...] about Pension Deductions Versus Payroll Taxes

Filed Under: business taxes, personal finance

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Featured Posts

Washington millionaire tax creates two marriage penalties

Washington Millionaires Tax Marriage Penalty

The federal income tax sometimes creates a marriage penalty. But usually not. Most federal tax brackets, standard deductions and adjustments for … [Read More...] about Washington Millionaires Tax Marriage Penalty

Washington state millionaire tax statistics

Washington’s New Millionaires Tax Statistics

Washington's new 9.9% millionaires tax doesn't take effect until January 1, 2028, with the first returns and payments due in April 2029. That … [Read More...] about Washington’s New Millionaires Tax Statistics

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

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