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Posted by: Charles P Myrick CPA Posted on: Feb 14 2020

How to Think Like an Entrepreneur

While anyone can start a business, not everyone can make it a successful one. Entrepreneurs don’t think like everyone else. They see everything outside the mainstream mindset, with a new idea at the start of each day. If you want to be successful in life or work or starting your own business, you might want to start thinking like an entrepreneur.

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Posted by: Charles P Myrick CPA Posted on: Feb 04 2020

Tax Benefits of Multiple Income Streams

Today’s market can be volatile, and there are many good reasons to diversify ways of generating income. To consider the tax benefits of multiple income streams, first, let’s look at the general reasons to have more than one source of income:

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Posted by: Charles P Myrick CPA Posted on: Jan 28 2020

Turn Your Hobby Into a Business

Many dream of earning a living doing what they already love to do. What if you could turn that hobby from being a costly personal expense into a money-generating side hustle, or even your main business? The IRS no longer allows deductions for hobby expenses, but business expenses are eligible. Statistics suggest that one out of every five Americans will start their own business in the coming year. If you want to be one of those entrepreneurs, there are a few things to keep in mind to get it right.

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Posted by: Charles P Myrick CPA Posted on: Oct 02 2018

Do You Want to Be a Successful Real Estate Investor?

Think you want to invest in rental properties? Are you considering buying residential property for rentals? Experts advise people who invest in real estate for building future wealth to make a long term commitment. Here’s how: 

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Posted by: Charles P Myrick CPA Posted on: Jun 05 2018

How to Finance Your Investment in Real Estate

For the most part, it’s a great time to be a real estate investor: interest rates are low, and home values are climbing in most areas. In fact, metro areas like DC are growing rapidly, which means there’s a good chance you’ll get high returns from your investment.

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Posted by: Charles P Myrick CPA Posted on: Sep 05 2017

How to Get Started as a Real Estate Investor

Think you want to invest in rental properties? Are you considering buying residential property for rentals? Experts advise people who invest in real estate for building future wealth to make a long term commitment. Here’s how: 

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Posted by: Charles P Myrick CPA Posted on: May 23 2017

How to Know If a Sole Proprietorship is Right for You?

When you are starting a new business, it is important to determine the structure that makes the most sense for the needs of your company. Although many entrepreneurs start as a sole proprietorship it is a good idea to understand the advantages and disadvantages of doing so. Before you make a decision, you should obtain the help of a qualified CPA. 

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Posted by: Charles P Myrick CPA Posted on: Oct 18 2016

Is a Sole Proprietorship Right for You?

When you are starting a new business, it is important to determine the structure that makes the most sense for the needs of your company. Many entrepreneurs start as a sole proprietorship. If you are considering the sole proprietorship, you need to understand the advantages and disadvantages of doing so. Before you make a decision, you should obtain the help of a qualified CPA. 

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Posted by: Charles P Myrick CPA Posted on: Jun 16 2015

The Worst Advice We've Heard about How to Start a Successful Business


As a start-up business owner, it's likely that you've received plenty of advice and suggestions from other people. If you are trying to learn how to start a successful business, it can be beneficial to talk with other people who have gone down the same path. Whether or not you ask for their input, many people are happy to offer their thoughts. Just consider the source of the advice before you decide to put that information into action.
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