Tax Tips

Even if you hire someone else to prepare your taxes, it’s useful to be aware of potential savings so that you can provide your accountant the proper documentation. Here are some tips to minimize your tax bill.

Structuring Payments to Align Stakeholders

Before you decide on your payment structure, it’s important to consider how it will affect the motivations of each party. You should pick a structure that aligns everyone’s interests towards a common goal – launching a well tested, successful website in a timely fashion.

In Defense of Consulting Businesses

At conferences and meetings with other freelancers, a common desire I hear is to shift more of their revenue from “trade-time-for-money” services to “mailbox-money / scalable” products. As a successful service provider with no plans to shift business models, I’d like to explain my reasoning and start a discussion.