Maximizing Your Home Office Deduction
Working from home is awesome. The commute is short, you don’t have people dropping in to chit chat and depending on the day you may not even have to shower.…
Category: Business Planning
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How to Save for Retirement in Your Small Businesses
When you start your own business, no one else can tell you how to do what you do, and that’s a great feeling. But on the other hand, no one… -
Tips on Getting Through Your First Year of Entrepreneurship
Where has the time gone? I’ve asked myself that question many times this year. When I received the invitation for my 20-year high school class reunion. When my older brother,… -
Five Launching Tips for the Budding Entrepreneur
Welcome to the all-new Brian Thompson Financial! As you can see, my site has changed quite a bit. After 10 years of practicing law, I’ve decided to take the leap… -
A Word of Caution About “Following Your Passion”
I often hear phrases like “follow your passion” and “If you do what you love, you’ll never work a day in your life.” While these are great pieces of advice,… -
Three Tax Deductions that Make Life Easier for Schedule C Filers
I encounter a lot of Schedule C filers in my practice. These are the people that in some way work for themselves. The self employed have a lot to deal… -
How Redesigning Receipts Could Help Your Finances
A good friend, who works as an experience designer, had a recent idea about changing the design of receipts to help consumers better understand how much they spend. This year,… -
The Best Retirement Plans for Small Businesses
On Tuesday, I gave some tips on improving your finances in 2015 by making simple changes to your retirement account. These solutions are also accessible to those of you who… -
The Unique Type of LLC Your Small Business Should Be Using
This week we’ve gotten to know the best business structures for those going out on their own. I’ve discussed the benefits of the LLC and the S-Corp. I’ve also shown… -
Going Out on Your Own? Here’s How to Structure Your Small Business
Happy Monday! I wanted to start this week with a great discussion that I’m having with one of my friends about starting her own business. She’s creating a comic book… -
Three Tax Deductions That Make Life Easier for Schedule C Filers
I run into a lot of Schedule C filers in my practice. They have the hardest time calculating and justifying their returns. Part of the problem stems from the fact…