Posts Tagged ‘small business’

Personal Solutions to the Healthcare Crisis

In the United States healthcare has gone from crisis to tragedy. Double digit increases in insurance premiums for many years on one hand and a tax code that forces you to pay up on the other is a painful experience for many family budgets. The current tax code contains a health insurance mandate; have health…

Read More

Side Gig: Tax Preparation

A common request the last few months involves starting a tax preparation side gig. A seasonal tax prep business can be rewarding if you follow a few simple rules. And if it spirals out of control you might find yourself working a full-fledged business 30 years later like a certain tax professional we will not…

Read More

2017 Tax Bill Review, Part 1

I have some good news and some bad news. The good news is a certain unnamed accountant will do rather well over the next several years with the new tax code. The bad news is you will not. The current tax bill on the verge of becoming law will make an experienced tax professional more…

Read More

Don’t Read This Blog!

For thousands of years in the Western world the best way to be noticed was to have your book banned by the church. Intelligent modern authors would welcome such attention as it guarantees their work will be lifted from obscurity into the light. Every year books are banned. Sadly, your favorite accountant has never made…

Read More

Real Estate versus Index Funds

As you work toward financial independence the question pops into your head: Which investment is best to get me there?  Index funds usually, or at least should, top the list. Real estate is not far behind. People wrongly believe real estate is a better investment vehicle than a broad basket of stocks. The first fallacy…

Read More

Tradelines, Part 2: Helping the People You Care About

Recently I discussed selling tradelines as a way to generate extra income. If you are unfamiliar with tradelines, read my prior article first. Today I want to expand on the idea of using your tradelines to improve the financial position of the people you care about. Selling tradelines is an easy way to earn money,…

Read More

How a Broke Farmer Became a Millionaire

1978: It was hot and dry the summer of 1978 in northeast Wisconsin and I hated it. My fourteenth birthday was around the corner and I was recently out of the hospital from heart surgery. The doctor said I needed to sit still as I healed over the next six months and my grandmother did…

Read More

Higher Interest Rates Will Cause Inflation

There was a time not that long ago when people believed higher interest rates slowed the economy, caused higher unemployment, dampened demand and put pressure on prices. The Federal Reserve in the United States and Central Banks around the planet held this belief tight to the chest. When the economy overheated, causing inflation to creep…

Read More