Choose the right business entity.  There are many considerations, but even if you are the sole owner, operating as a sole proprietor is not the best choice for asset protection. As a sole [...]

What is the Section 179 Deduction Most people think the Section 179 deduction is some mysterious or complicated tax code. It really isn’t, as you will see below. Essentially, Section 179 of the [...]

Once you take the leap into entrepreneurship, you are no longer in a safe backyard pond, but rather in a vast ocean full of the unknown. When it comes to owning your own business, there are some [...]

Short answer: The deduction is still there but you may not make sense to use it anymore. The Tax Cuts and Jobs Act represents the most significant overhaul to the U.S. tax code in more than three [...]

The Section 199A tax deduction is the best small business and individual investor tax break of the 21st century, coming out of the 2018 Tax Act. Using Section 199A, business owners and real [...]

In speaking with many entrepreneurs, I find recurring questions that come up. Here is my top 10 of where to get started in setting yourself up for success in the financial facet of your business: [...]

I’m a Prime member. I got the email. Thanks Jeff…I still love ya. When Prime first came out, I was skeptical. I didn’t think I would use it enough in a two-person household. But [...]

So, I am constantly getting asked about what business owners can deduct. And, aside from the obvious, there are always expenses that folks forget. Here are my top 5: MILEAGE. Mileage to and from [...]