November 19, 2025

Inventory creates headaches for small business owners. You track costs. You fight complex accrual rules. You face surprise tax bills. The cash method changes everything. New 2025 reforms make it even stronger. Businesses with gross receipts under $30.7 million now qualify easily. You deduct inventory costs when you pay. You skip complicated rules. Owners save […]

The Name, Image, and Likeness (NIL) boom turns college athletes into entrepreneurs. Top stars like USC’s Caleb Williams earn $2.7 million annually. Mid-tier players land $10K–$50K deals through collectives. NIL income is fully taxable. It hits you with 15.3% self-employment taxes. Federal and state income taxes add more. This can eat 30–40% of your earnings.