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Tag Archives: residual incomes

5 Common Interview Questions That Can Easily Trip You Up (And How To Answer Them Like A Pro)

It’s an undeniable fact: there are common interview questions you’ll likely encounter in (almost) all of your interviews. Your answers to these questions can make or break your chances of advancing to the next round of hiring. Needless to say, you want to have just the right answers. The good news is, you can prepare […]

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Has Your Small Business Stopped Growing?

Has your small business stopped growing? I might know why. And more importantly, if it turns out the textbook answer I give is right, the answer suggests concrete steps you can take to restart your growth. One caution up front though. We need to use a bit of math in the discussion that follows. However, […]

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Phone Interview Tips: Must-Follow Advice For Making A Great Impression

Phone interview tips are important to have under your belt as a remote job seeker. After all, you’re applying to distributed workforces that have no office locations or remote-friendly companies where corporate headquarters may be halfway across the world.  That doesn’t exactly make it possible (or convenient) to come in for an in-person interview. Instead, […]

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5 Super Common Work From Home Jobs (And How You Can Find and Land One Fast)

Nowadays, you can do just about any traditional office job from home. Proofreader? Check! Teacher? You bet! Nurse? Absolutely. Even though the world of remote work is ever-expanding, there are still some common work from home jobs that are more readily available than others. So, if you want to find the most opportunities so you can […]

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Section 199A Trade or Business Concept Deconstructed

The new Section 199A deduction requires taxpayers to identify the individual trades or businesses they receive income from. The reason for this identification? The 20% deduction you calculate looks at trades or businesses individually. Example: You own four businesses: a pet food factory, a trucking company, a consulting firm and online retail store. Probably in […]

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Personal Brand Statement: How A Couple Of Sentences Can Shape Your Career

Your personal brand statement is the building block of your personal brand. Confused? Don’t be.  Think of your personal brand as what sets you apart from other professionals in your field. You’re not just another accountant, or writer, or public speaker, or project manager, or whatever it is you do for work. You are a […]

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Section 199A Rental Property Trade or Business Definition

Section 199A potentially gives real estate investors a deduction equal to 20% of their rental income. Some real estate investor with, say, $100,000 of rental income might get a $20,000 Section 199A rental property deduction. But a catch exists. An investor’s real estate activity must generally rise to the level of a trade or business. […]

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Remote Work: What it Means To Work Remotely (And How It Makes You Happier)

Remote work. It’s a term that gets thrown around a lot lately. And, it’s something you might be interested in. You may have even heard that it can lead to greater happiness. Spoiler alert: It’s true!  But before we get into the happiness factor of telecommuting, let’s look at what remote work really is.  What […]

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S Corporation Home Office Deduction Revisited

At lunch last week, my oldest friend (since 5th grade) who is also a fellow CPA made a great observation. If you run your business as an S corporation and haven’t been taking the home office deduction, you want to rethink that approach. More specifically, if you think you can qualify for the home office […]

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How To Re-Enter The Workforce As A Work From Home Parent

Ready to become a work from home parent? It’s not an easy decision to make. But, when you do get there, it can be even more difficult to take the first step. How do you even get started? What jobs are out there? Will anybody even hire you to work from home? These are all […]

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