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January 2019 Archives

Business owners continue to struggle with new tax law

The Tax Cuts and Jobs Act (TCJA) led to major tax reform. One specific area of confusion for small business owners: the qualified business income deduction. This deduction will go into effect on business’ 2018 tax returns. As such, it is important to have a basic understanding of how the deduction could impact your business’ tax returns.

Starting a business in 2019? The importance of incorporation.

Small businesses are the lifeblood of the American marketplace. The United States Small Business Administration (SBA) reports there are 30.2 million small businesses in the United States. This translates to 99.9 percent of all businesses in the country. Small businesses provided new jobs for over 1.9 million workers in 2018 alone.

Can you make your millions with non-traditional investments?

One way to be successful in America or the rest of the world is through land ownership. This is something on which that Texas entrepreneur Nate Paul has fully capitalized. At 31 years old, Paul is the founder of Austin's World Class Capital Group, a real estate development firm with $1.2 billion in assets. Paul's net worth is estimated at $800 million, and growing.

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