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personal finance

Real Estate Professional Loophole

June 19, 2017 By Stephen Nelson CPA

Picture of real estate professional audit occurring

Earlier this year, the tax court issued a decision about the real estate professional loophole. A dentist, one Dr. Zarrinnegar, had used the real … [Read more...] about Real Estate Professional Loophole

Filed Under: individual income taxes, personal finance

Spotting Investment Scams

June 12, 2017 By Stephen Nelson CPA

Picture for spotting investment scams post, which shows a man holding a get really rich sticker

This week, I want to talk about spotting investment scams. Okay, sure, a funny topic for a CPA to broach. But every year, our CPA firm sees a … [Read more...] about Spotting Investment Scams

Filed Under: investment, personal finance, retirement

Paying Zero Income Taxes on Average Income

June 5, 2017 By Stephen Nelson CPA

Picture for pay zero income taxes on average income blog post

Last week, I blogged about how to pay zero federal income taxes on a $100,000 income. But that’s not very relevant to most readers. First, the U.S. … [Read more...] about Paying Zero Income Taxes on Average Income

Filed Under: individual income taxes, personal finance

Pay Zero Income Taxes on $100,000 of Income

May 29, 2017 By Stephen Nelson CPA

A few weeks ago, in a blog post about income tax brackets, I pointed out that some people who make $100,000 a year pay zero income taxes. That “pay … [Read more...] about Pay Zero Income Taxes on $100,000 of Income

Filed Under: business taxes, personal finance, retirement

Retirement Plan B Tips: Dozen Ideas for a Better Plan B

May 26, 2017 By Stephen Nelson CPA

Picture of chalkboard for plan a and plan b

Over the last week, this blog has provided several posts related to this idea that you need a retirement plan “B” to deal with the very real … [Read more...] about Retirement Plan B Tips: Dozen Ideas for a Better Plan B

Filed Under: investment, personal finance, retirement

Monte Carlo Retirement Plan B Calculations

May 25, 2017 By Stephen Nelson CPA

Picture of roulette wheel for blog post about monte carlo simulations and retirement plans

Over the last few days, the Evergreen Small Business blog has described why and how you need to develop a "plan b" for your retirement. On  Monday, … [Read more...] about Monte Carlo Retirement Plan B Calculations

Filed Under: investment, personal finance, retirement

cFIREsim Retirement Plan B Calculations

May 24, 2017 By Stephen Nelson CPA

Picture of Line Graph Representing Growth Close-up

This week at the Evergreen Small Business blog we’re talking about the issue of a “retirement plan b.” The week started, for example, with a post … [Read more...] about cFIREsim Retirement Plan B Calculations

Filed Under: investment, personal finance, retirement

FIRECalc Retirement Plan B Calculations

May 23, 2017 By Stephen Nelson CPA

Picture of Businessman pointing to a growth chart showing business success

Yesterday’s blog post talked about why you and I both need to have a retirement plan b. To recap, that suggestion flows from a simple reality—that … [Read more...] about FIRECalc Retirement Plan B Calculations

Filed Under: investment, personal finance, retirement, Uncategorized

Retirement Plan B: Why You Need One

May 22, 2017 By Stephen Nelson CPA

Picture for retirement plan b post

Can I suggest you need a retirement plan b? No, I know. You’ve probably already got a “plan a” for retirement. You wouldn’t be reading a blog post … [Read more...] about Retirement Plan B: Why You Need One

Filed Under: investment, personal finance, retirement

Self-directed IRA Real Estate Investment Problems

May 15, 2017 By Stephen Nelson CPA

Picture of self-directed IRA real estate investment investor rolling rock up hill

In some popular online forums, participants regularly tout the idea of self-directed IRA real estate investment or self-directed 401(k) real estate … [Read more...] about Self-directed IRA Real Estate Investment Problems

Filed Under: individual income taxes, personal finance, retirement

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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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