The 4 Phases of Business: How to Thrive from Startup to Exit
Every business has a life cycle. Whether you’re just launching your first side hustle or preparing to step away from a thriving company, your business falls into one of four essential phases: startup, optimization, scaling, and exit. Each phase comes with unique challenges—and incredible opportunities. Understanding where you are, and what you should be doing […]
10 Tax and Legal Mistakes to Avoid in 2025
Starting a business, managing rentals, or just trying to get your financial house in order? You’re not alone—and if you’ve been Googling questions like “LLC vs. S Corp” or “Should I put my car in a trust?”—this guide is for you. Tax law and legal planning don’t have to be overwhelming. In fact, when you […]
6 Types of LLCs Every Entrepreneur Needs to Know
You’ve probably heard that forming an LLC is a smart move for protecting your business and assets. But did you know there are six main types of LLCs—and two bonus variations—that each serve very different purposes? In this guide, we’ll break down exactly what those types are, who should use them, and how choosing the […]
Avoiding problems with the IRS and the “Dirty Dozen”
All of us want to save taxes, but at the same time stay out of trouble with the IRS. In fact, I would hope we would even have a higher standard of being honest and ethical in the manner in which we all report our income, deductions and file our tax returns. We live in […]
Why You Need Your Own Family Office (And How to Set It Up)
When most people hear the term “family office,” they imagine billionaires with private jets, private investment advisors, and fancy offices. But guess what? You already have a family office — it might just be the third bedroom down the hall with a hide-a-bed in it. And that’s more than enough to start building serious tax […]
Bookkeeping for Beginners: Organize Your Business Finances
Starting your own business feels incredible—until reality hits: you’re also now the bookkeeper. If you’re wondering, “How do I even start my bookkeeping?”, you’re not alone. We’ve been there. So have thousands of business owners we’ve coached—some who got it right early, and some who learned the hard way. Good news? You don’t have to figure it […]
Maximizing Vehicle Write-Off for Your Business
Business vehicle write-offs under current law help company owners deduct more than ever – faster than ever – from their taxes. But the specifics are sometimes confusing (not to mention they can change year by year). Never fear: I’m here to help. Let’s dig into the nitty-gritty of vehicle write-offs for your business, so you […]
How to Write-off Your Travel Expenses
Making sure our travel has a ‘business purpose’ is critical and a perfect opportunity for business owners for a great tax write-off.
What is a COPE for Asset Protection?
A Charging Order Protection Entity (COPE) is a unique type of entity that can provide additional protection for the assets it holds from the owner’s personal liabilities. It is far more advanced and complex than the average LLC.
