I want to talk about the Moore v. United States tax case. The U.S. Supreme Court hears oral arguments this week. And to date, the media coverage of … [Read more...] about A CPA Explains Moore v. United States
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If You Got Conned in ERC Scam
You wondered at the time whether it was a scam, right? And now you regularly see news reports about ERC scams. Employee retention credit scams, that … [Read more...] about If You Got Conned in ERC Scam
Grouping Activities to Achieve Material Participation
This week, a quick discussion of grouping activities as backdoor way to materially participate. But first a bit of background about what material … [Read more...] about Grouping Activities to Achieve Material Participation
The Qualified Family-Owned Small Business Deduction
If you own or invested in a Washington state small business, you want to know about the qualified family-owned small business deduction. And here’s … [Read more...] about The Qualified Family-Owned Small Business Deduction
Lottery Tax Planning for a Billion Dollar Drawing
Okay. This is silly. You’re probably not going to win. But just for fun, let’s talk about lottery tax planning for one of those giant Power Ball or … [Read more...] about Lottery Tax Planning for a Billion Dollar Drawing
Recovery Startup Business Employee Retention Credit: Nine Awkward Questions
If you’re reading this, you know about the $100,000 recovery startup business employee retention credit. You know, for example, that if you start a … [Read more...] about Recovery Startup Business Employee Retention Credit: Nine Awkward Questions
Owner Wages and Employee Retention Credit
Editor’s Note: The employee retention credit (ERC) potentially provides big tax benefits to employers beat up by the pandemic. But the credit is … [Read more...] about Owner Wages and Employee Retention Credit
Updating your Financial Game Plan for Low Interest Rates and Equity Returns
A couple of times over the last few months, I've read good academic papers about the impact of historically low costs of capital. So, the impact of … [Read more...] about Updating your Financial Game Plan for Low Interest Rates and Equity Returns
Sole Proprietorship PPP Loan Applications
I want to talk about sole proprietor PPP loan applications. More specifically, about PPP loans for sole proprietors who don’t employ other workers … [Read more...] about Sole Proprietorship PPP Loan Applications
How You Should Have Done Your PPP Loan
Hindsight is 20/20, the saying goes. But in most cases, hindsight doesn’t matter much. Knowing now that I should not have sold those Microsoft … [Read more...] about How You Should Have Done Your PPP Loan









