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Thought Leadership Articles

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Good Debt Vs. Bad Debt: Make Debt Work For You

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December 10, 2024

Ron Parisi

For entrepreneurs, debt can either be a powerful tool for growth or a crippling burden. And for successful business owners, understanding the distinction between good and bad debt is essential to navigate the intricacies of our ever- changing industries.   Let’s explore how inte...

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Decoding Tax Estimates: Your Key To Financial Peace Of Mind

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May 03, 2024

Ron Parisi

As entrepreneurs, navigating the world of taxes can be daunting, especially when it comes to understanding tax estimates. It's a topic that often raises questions and concerns among business owners, whether seasoned or just starting out. Understanding the Basics of Tax Estimates Tax estimate...

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Tax Planning Strategies For Entrepreneurs

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March 22, 2024

Ron Parisi

Hey fellow entrepreneurs! Tax season is upon us, and we're diving headfirst into our finances. It's that moment we roll up our sleeves and pave the way for our business's future success. In this guide, we explore ideas to expert tax planning strategies aimed at maximizing profits and minimizi...

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Deducting Medical Insurance Premiums

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May 23, 2022

Ron Parisi

Over the last few years, medical insurance premiums – like many other things – have skyrocketed. The fortunate part for entrepreneurs is that those premiums are deductible on your taxes.   Any medical insurance premiums that you pay for mainstream insurance companies (think Anthem, ...

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PERSONAL APPEARANCE EXPENSES DEDUCTIONS – HOW DO THEY WORK?

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November 03, 2021

Ron Parisi

  Our clients ask us all the time:   Can I deduct my haircut from my taxes? I just bought some new clothes for my job; can those be deducted? What about new makeup that I bought to look better at work?   These questions make sense! Especially because we primarily work with online ...

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HOME OFFICE EXPENSES – ARE THEY DEDUCTIBLE?

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October 25, 2021

Ron Parisi

If you are an online entrepreneur, there’s a good chance you have a home office. Just like with any office, a home office has expenses and those expenses, depending on the situation, may be tax deductible. In order to be eligible for a home office deduction, the dwelling must meet one of the f...

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ARE MY TRAVEL EXPENSES TAX DEDUCTIBLE?

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September 20, 2021

Ron Parisi

We are often asked by our clients if their travel expenses are tax deductible. Can my vacation be considered a business trip? What expenses can I deduct when I am traveling for business away from home? What records do I need to keep? All of these questions are important to understand as an entrep...

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The $10MM To $100MM Wealth & Profit Plan