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Powerball Lottery tax planning says you take the lump sum not the annuity

Powerball Lottery Tax Planning

January 7, 2026 By Stephen Nelson CPA Leave a Comment

A while back I talked about Lottery Tax Planning for a Billion Dollar Drawing. And what I said in the earlier article still stands... But the recent … [Read More...] about Powerball Lottery Tax Planning

Start counting hours for material participation before you launch

When Material Participation Really Starts (It’s Earlier Than Most People Think)

December 10, 2025 By Stephen Nelson CPA

Material participation sits at the heart of many powerful tax strategies. Whether you’re running a small business, flipping houses, managing a … [Read More...] about When Material Participation Really Starts (It’s Earlier Than Most People Think)

One Big Beautiful Bill’s New R&D Deductions

November 3, 2025 By Christian Block CPA

The OBBB, also known as the One Big Beautiful … [Read More...] about One Big Beautiful Bill’s New R&D Deductions

Trump Savings Accounts – Free Money from the Government

October 1, 2025 By Christian Block CPA

Child focused tax benefits have taken on many … [Read More...] about Trump Savings Accounts – Free Money from the Government

Recent Articles

  • Powerball Lottery Tax Planning
  • When Material Participation Really Starts (It’s Earlier Than Most People Think)
  • One Big Beautiful Bill’s New R&D Deductions
  • Trump Savings Accounts – Free Money from the Government
  • Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity
  • The Section 168(k) Bonus Depreciation Purchased Requirement
  • Changing Your Washington State Residency
  • The Washington Estate Tax Income in Respect of Decedent Problem
  • Planning for the 35% Washington State Estate Tax
  • Washington State Professional Services Sales Tax
  • Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
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Nelson CPA publishes this blog to help and encourage small business owners. Click here to learn more about our firm.

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Use our S corporation tax savings calculator to make a quick estimate of the annual tax savings per owner.

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Featured Posts

Combine Section 1031 like-kind exchanges with Section 168(k) bonus depreciation to create large deductions.

Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

Real estate investors know about bonus depreciation. They also know about 1031 like-kind exchanges. But not everyone realizes that the two rules can … [Read More...] about Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

100% bonus depreciation creates new opportunities for investors and entrepreneurs

The Section 168(k) Bonus Depreciation Purchased Requirement

You can get 100% bonus depreciation on tangible personal property assets you purchase and place into service after January 19, 2025. That seems … [Read More...] about The Section 168(k) Bonus Depreciation Purchased Requirement

Changing your Washington state residency may be a tax planning gambit you need to consider

Changing Your Washington State Residency

Okay, first point, if you want to change your residency or domicile from Washington state to some other state? That’s a question you answer with the … [Read More...] about Changing Your Washington State Residency

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Preparing US tax returns for international taxpayers

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Setting Low S Corporation Salaries

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Maximizing Sec. 199A Deductions

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  • Planning for the 35% Washington State Estate Tax - Evergreen Small Business on Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
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  • Washington State Professional Services Sales Tax - Evergreen Small Business on Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
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