Category: investing

  • Why I use text message update videos

    The most important thing in a successful accountant/advisory relationship is communication. The first paragraph of our engagement agreement spells this out in detail. Yet the lack of communication remains the largest obstacle to improved client financial performance. Financial coaching is ineffective without effective communication. This is how we deal with the issue. My observations: 1)…

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  • Cumberland County New Jersey welcomes two redevelopment projects

    Trout National Reserve golf course under construction in Vineland, Cumberland County, designed by Tiger Woods’ company, is on track to open to serve our county’s most affluent suburban residents in 2025. The project is bringing national attention to our county. Its economic impact will extend broadly to other supporting businesses and industries in our area.…

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  • Confused over Section 199A business earned income deduction for multi-entity businesses?

    Confused over Section 199A business earned income deduction for multi-entity businesses?

    (Note this post raises questions but provides no substantive advice or conclusions. My focus in this and most blog posts is the practical effect on my target client group rather than an academic assessment of the law). I gave myself a personal ‘refresher course’ yesterday in re-reading parts of 1.199A-5 and REG-107892-18 , two of…

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  • House flipper liable for partner’s fraud

    A SCOTUS ruling issued today impacts some small business deals. This is a common arrangement when a general partnership is formed to invest in real estate. A Supreme Court decision issued today in the Bartenwerfer case may be of interest to small business investors. A partnership among three people formed to purchase, remodel and sell…

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