I just published 4 Personal Lessons from The Anxious Generation: A Journey of Understanding link.medium.com/C41Pdtw0wQb

I'm seeing and hearing more and more people quit their corporate W2 job to start their business. It could be a solo business or a couple of friends seeing an opportunity to solve a bigger problem. The common denominator is people want to be happy at work, even if it means a

In the past two weeks, I’ve received four separate requests for CFO services. But after digging in, none of them actually needed a CFO. Often, when prospects reach out asking for CFO services, what they really need isn't always what they think. They might say they need a

I wish new business owners have to have some sort of basic accounting/tax 101 - just the very basics - before they can start a business.

Last night, caught up on Landman and saw the Jerry Jones episode—his speech really hit home. He talked about how his greatest pride isn’t just in business or football, but in working alongside his kids. That stuck with me. Success isn’t just about what you build—it’s about

This is a great read. People in their 90s and 100s still preparing tax returns. They do it because they like it…keeps them busy and mind sharp. Some tax professionals keep crunching numbers at more than 100 years old. wsj.com/lifestyle/taxe…

A couple of weeks into tax season, one of the items I see every year are younger families with kids not having a Will, Trust, etc. set-up. Some have used online tools for basic Wills. Similar to new business owners having basic accounting and tax 101 knowledge, I think it

One thing I've noticed each tax season, working on business tax returns for companies, is that a lot of owners don't review their financials frequently - monthly or quarterly. They tend to be accounting files that we don't manage. Before the tax prep process starts, it starts

The Balance Sheet Tells the Real Story—Not the Income Statement Back in my auditing days at Deloitte and Grant Thornton, I learned a simple but powerful truth: if you know the balance sheet and can support the numbers, the income statement has already been audited. Now, as I

Another tax season behind, at least another April 15 completed. Overall, happy with what we accomplished by the due date. System and process improvements established earlier had helped. But today's debrief, which happens post-April 15, will uncover further improvements for

Markets took a hit today... but that doesn’t mean your portfolio is broken. I just started reading A Random Walk Down Wall Street, and it couldn’t be more timely. One of the central ideas is the Firm Foundation Theory — the belief that each investment has an intrinsic value

Getting a lot of questions lately about budgeting tools (not a shock given the economy). Just came across Controol App (controol.app) — and it’s surprisingly solid. No bank connections (privacy win) Percentage-based budgeting — plan what you can spend Built-in AI

Most people think personal finance is complicated. The truth is, it’s the basics that matter most—and they’re often the ones we overlook. If you don't understand how money flows in and out of your life—how you earn it, how you save it, how you spend it, and how you grow

Some days, it’s great to take a break from work and enjoy a round of golf or another activity you love. That’s one of the perks of being a business owner! Had fun playing Conway today.

I see this too often, but it usually comes in after the fact. New businesses often start without using a proper law firm for operating agreements, structure, etc. Tax compliance is due, but the owner lacks clarity on their entity type, tax classification, and other relevant

This is becoming increasingly common among do-it-yourselfers when it comes to retirement plans. I see this at least twice a year. Making direct Roth IRA contributions and not considering their AGI. There are other ways to contribute to a Roth IRA if your AGI exceeds the

Is your business travel actually tax-deductible? How about those family trips? There is more to it, but keep to these four IRC 162 requirements that a lot of business owners get wrong: 1) Must be ordinary and necessary for your specific business; 2) Away from your tax home

I follow only a few on Substack, one of which I really like is Stoic Wisdoms. A post from them today about achievements vs. legacy is a good one. As you build your company or continue on your career path, think about if you were to leave - no LinkedIn profile, no awards, no

Congrats to @bluejlegal Rd D of fundraising - $122M. We're huge fans of the product - as a tax research tool, its one of the best on the market. Looking forward to future features.

Reviewing a prospect's business tax return. No one is perfect, but some of the items on the balance sheet is shocking - prior period adjustment, accrual accounts when the business is cash basis. Business owners - your tax returns may seem like compliance, but if not done