Ben Nanney

[Ben Nanney @ben_nanney]

@TheTaxNomad TN's a sleeper, tax friendly in most ways, S-Corp an exception.

[Ben Nanney @ben_nanney]

@KJSAcct Unless you're looking for more advanced options like in-service loans and mega backdoor roth, I've had many clients use Fidelity and Schwab without any problems. Takes a few days to process paperwork. Had clients use MySolo and Employee Fiduciary if wanting more options.

[Ben Nanney @ben_nanney]

@nickmeals That's a nice tribute, sure he'd be proud to see it.

[Ben Nanney @ben_nanney]

@feelsdesperate GK Chesterton wrote about this general concept, called it distributism. Comes down to broad, individual ownership, Chesterton summarized as 3 acres and a cow.

[Ben Nanney @ben_nanney]

@T_Gatzemeier One of the better summaries I've read about S-Corp considerations. S-Corp can be knee-jerk reaction for too many business owners.

[Ben Nanney @ben_nanney]

@nickmeals @CPATaxTeam I've been a member for a year, and it has been a help for me as a small/mostly remote firm in building out a services framework. Also found it to be a good community for sharing knowledge, many successful firms that are generous with advice and resources.

[Ben Nanney @ben_nanney]

@cordes_tax @chriscord03 Keep up the solid work! Great to see you both smiling 20+ years later.

[Ben Nanney @ben_nanney]

@SMB_Attorney Agree, and think this was the basic message of The Millionaire Next Door.

[Ben Nanney @ben_nanney]

@evanwch I think for this situation, a big part is the hypocrisy. He demanded a standard, and he should be held to that standard.

[Ben Nanney @ben_nanney]

@Taxsavvyjessica I agree, and think a big part of this is low audit rates. It's like a speed limit that's enforced so little that it practically doesn't matter, so most everyone speeds. No fan of complex rules, but clear rules and clear enforcement are foundational.

[Ben Nanney @ben_nanney]

@WendyRWang @WSJopinion @BrookingsInst @isawhill Thanks for your work on this. This formula has worked for many I've known.

[Ben Nanney @ben_nanney]

@tax_birdie @MargoinWNC Yes, my Grandad and Dad both spent much of careers in furniture wholesale, every Spring/Fall in High Point. Grandad began early 70s retired around '99, Dad worked through the offshoring... drastically affected the industry.

[Ben Nanney @ben_nanney]

@bsuecannon Very sorry to hear, hope and pray things improve for Randy and your Mom.

[Ben Nanney @ben_nanney]

@BrianDavisTax I use the free version of Todoist, has worked great for a few years now.

[Ben Nanney @ben_nanney]

@wrong_speak @ShannonMFHill My Granddad did this, grew up in rural West TN.

[Ben Nanney @ben_nanney]

@sivori Best marriage advice I've ever gotten was from a man in his 70s who'd been married since both their teens ...marriage is what you make it.

[Ben Nanney @ben_nanney]

@cordes_tax @Taxsavvyjessica I've found this attitude is most common with those who have no business experience. They just haven't seen all the non-obvious costs (money and time) that go into a finished product/service.

[Ben Nanney @ben_nanney]

@robkhenderson I think this is basically what Thomas Sowell said changed him from being a Marxist.

[Ben Nanney @ben_nanney]

@andreamacdcpa @taxchic_k My wife called two DPC clinics today to consider joining, and we really like the concept.

[Ben Nanney @ben_nanney]

@shaneparrish Yes, and the average number of people living in the smaller house was higher. My Dad's family lived in 3 br, 1 ba house with a 6-person household. But they had electricity and indoor plumbing, which was a step up from much of my grandparents' childhood.