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Announcing IAR CE From Kitces And The Mid-Year State Of The Blog

Nerd's Eye View

First and foremost, we’re excited to announce that, effective immediately, all of our Nerd’s Eye View blog and recorded webinar CE from 2022 (and all future CE) is now eligible for the new IAR CE requirements. A gap our Kitces Courses aim to fill!

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What Is the Hobby Loss Rule & How Can It Impact Your Business?

MazumaBusinessAccounting

If your business doesn’t turn a profit for 3 out of 5 years (except in specific industries, like horse racing) then it is classified as a hobby and you can no longer claim tax deductions against other revenue. Keep extensive files showing where you spent your money and how it was imperative to your business.

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Your Input Requested – Reader Survey For Nerd’s Eye View (2022)

Nerd's Eye View

Over the years, Nerd’s Eye View reader feedback has shaped everything from the visual design of the blog (from its original dense small font!) Which means now it’s time once again to take at least a brief pause to get some feedback about how we’re doing. I hope you'll participate in this year's survey.

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#FASuccess Ep 392: Crafting Your Specialization When There Is No Standard Playbook To Learn It, With Kristopher Heck

Nerd's Eye View

What's unique about Kristopher, though, is how his firm has scaled to more than a billion dollars of AUM while specializing in working with clients whose personal and financial lives touch both the United States and the United Kingdom, a niche for which there is no set 'playbook' to learn the tax, estate, and other planning expertise needed to serve (..)

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How Financial Projections Can Help Your Business Succeed

Sara Grillo

For example, you can use your projections to calculate your annual taxes in advance. This helps you anticipate tax expenses. In most states, your business must pay taxes and file reports each year to avoid penalties and remain in good standing. In addition, financial projections should be part of your business plan.

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How To Start A Side Hustle In 10 Steps

Clever Girl Finance

Create a solid business plan for your side hustle If you’re in the process of starting a side hustle and do not have a business plan, you need to create one now. A business plan is essentially your roadmap for your side hustle to achieve your goals for a small business.

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How Do I Register My New Business in New Hampshire? Small Business Guide

Steve Feinberg

If you’ve been thinking about turning your hobby into a full-time job, or you have an idea for a product that people can’t live without, then New Hampshire is a business-friendly state in which to incorporate your new venture. Making a Business Plan. Start by conducting a brainstorming session about your overall business idea.

Taxes 52