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Stephen Nelson CPA

First Year Checklist for Washington S Corporation

June 30, 2014 By Stephen Nelson CPA

Picture of baby in front of computer.

We've helped a number of business owners and entrepreneurs set up an S corporation this year. So I thought it might be a good idea to create a little … [Read more...] about First Year Checklist for Washington S Corporation

Filed Under: Bookkeeping, business taxes, New business

Your Real Odds for Business Start-up Success

June 23, 2014 By Stephen Nelson CPA

Picure of roulette wheel.

A few days ago, I reconnected with an old friend. A serial entrepreneur I've worked with on and off over the years. We've been friends for decades … [Read more...] about Your Real Odds for Business Start-up Success

Filed Under: management, New business, Strategy

Getting Ready for Seattle’s new $15 an Hour Minimum Wage

June 16, 2014 By Stephen Nelson CPA

Picture of Interstate freeway with Seattle in background

So I've been thinking about the $15-an-hour-minimum-wage law the Seattle City Council passed a couple of weeks back. And though I've read through … [Read more...] about Getting Ready for Seattle’s new $15 an Hour Minimum Wage

Filed Under: business taxes, management Tagged With: City of Seattle minimum wage

QuickBooks Housekeeping Checklist

June 9, 2014 By Stephen Nelson CPA

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I’m a sucker for those reality television shows where some outside expert comes into your small business, looks the situation over, and then gives you … [Read more...] about QuickBooks Housekeeping Checklist

Filed Under: Bookkeeping, management, Software Tagged With: Accounting, QuickBooks

The Only Times You Should use a Roth-style Account

June 2, 2014 By Stephen Nelson CPA

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In a couple of recent blog posts (see here and here), I've trash-talked the option of using Roth-IRA and Roth-401(k) accounts. And that … [Read more...] about The Only Times You Should use a Roth-style Account

Filed Under: personal finance

Worst-case Scenarios for Roth-style Accounts

May 26, 2014 By Stephen Nelson CPA

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In my last blog post, I argued that Roth-IRAs and Roth-401(k)s don’t actually save most people money. That argument boils down to a single point: A … [Read more...] about Worst-case Scenarios for Roth-style Accounts

Filed Under: personal finance

Are Roth-IRAs and Roth-401(k)s Really a Good Deal?

May 19, 2014 By Stephen Nelson CPA

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You probably know the attraction of a Roth-IRA or Roth-401(k), right? Unlike a regular retirement account, you can withdraw money from a Roth-style … [Read more...] about Are Roth-IRAs and Roth-401(k)s Really a Good Deal?

Filed Under: personal finance

Getting a Great Tax Return Prepared for Less than $100

April 21, 2014 By Stephen Nelson CPA

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  I had a couple of people challenge me this tax season on our pricing. One guy called on the telephone asking if we’re actually … [Read more...] about Getting a Great Tax Return Prepared for Less than $100

Filed Under: business taxes, personal finance, Software

Download a free incorporation or LLC formation kit

March 21, 2014 By Stephen Nelson CPA

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10/6/2014 Editors note: On October 1, we discontinued our free giveaway of do-it-yourself incorporation kits... Sorry. See here if you're curious … [Read more...] about Download a free incorporation or LLC formation kit

Filed Under: Incorporation, New business

Seahawks Suggest Stratagems for Small Business Success

February 27, 2014 By Stephen Nelson CPA

Picture of Seattle Space Needle flying Seahawks 12th man flag

Last weekend, I finished reading Pete Carroll's book, "Win Forever." The book makes for a fun read. Especially for Seahawks fans wanting to--no … [Read more...] about Seahawks Suggest Stratagems for Small Business Success

Filed Under: management

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Featured Posts

The new Washington state millionaires tax hits high-income taxpayers with a flat 9.9% rate.

The New Washington Millionaires Tax

The Washington legislature recently passed a new “millionaires tax.” Governor Ferguson signed the bill yesterday. Thus, starting in 2028, high-income … [Read More...] about The New Washington Millionaires Tax

Grandparents watching their grandchildren play photo for tax-inclusive gifts tax strategy calculator.

The Tax-Inclusive Gift Strategy Calculator

If you’re a Washingtonian who worries about estate taxes? You should know paying gift tax can reduce estate tax. And maybe more than you might … [Read More...] about The Tax-Inclusive Gift Strategy Calculator

Washington state millionaires tax residency rules blog post

Washington State Millionaires Tax Residency Rules

The proposed Washington state millionaires’ 9.9% income tax comes with residency rules. And some taxpayers will really want to understand those … [Read More...] about Washington State Millionaires Tax Residency Rules

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