Entrepreneurial Blueprint: Small Business Tax and CFO Talk

What is it really like to run a bail bonds business? Alexis van de Ven Seda (Alexis Bail Bonds) talks with Dr. Jake Latimer about landlords who would not rent to her, the stress of the job, myths from TV, collecting payments, building a team, Facebook marketing and ethics.

In this episode:

• What people misunderstand about bail bonds
• How to build a team you trust
• Marketing with Facebook
• Ethics and conflicts of interest

Let's Build your Blueprint Together...
Blueprint Advisors helps business owners in The Woodlands, Houston and beyond with year-round tax planning, tax preparation and fractional CFO advisory, with at least four planning calls a year and a custom blueprint for every client.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax, legal or medical advice for your situation.

The longest Biz & Tax Talk episode, recorded in The Woodlands, TX. Dr. Jake Latimer and Rick Yancy, CPA, talk about why caring more matters, what CFO services look like, growing revenue velocity, working on vs. in your business, 1099 rules, asset sales, fringe benefits, vehicles, home offices and Hurricane Beryl relief.

In this episode:

• What CFO services look like
• Working on vs. in your business
• 1099 reporting and Section 61
• How business asset sales are taxed
• Vehicle and home office questions
• Disaster relief deadlines, as discussed

Rick Yancy, CPA, was a partner at the firm when this episode was recorded.

Let's Build your Blueprint Together...
Blueprint Advisors is a tax, accounting and CFO advisory firm in The Woodlands, TX, serving business owners across Houston and beyond. Advisory comes first: at least four planning calls a year, a custom blueprint for every client, audit protection on the returns we prepare through TaxProtectionPlus, and real CFO work led by Dr. Jake Latimer.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax or legal advice for your situation. Tax rules and figures are as discussed at the time of recording and may have changed since.

False finish lines, mentors and going all in. Anthony Heckman of Rockspring Capital and Rockspring Properties, a private equity real estate developer in the Texas Triangle, talks with Dr. Jake Latimer about real estate, data centers, faith, discipline and why you should not quit.

In this episode:

• Why there are false finish lines
• How mentors change lives
• Why a Plan B can distract from Plan A
• Building a professional network

Let's Build your Blueprint Together...
Blueprint Advisors helps business owners in The Woodlands, Houston and beyond with year-round tax planning, tax preparation and fractional CFO advisory, with at least four planning calls a year and a custom blueprint for every client.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax, legal or medical advice for your situation.

Is your property tax bill too high? Derrick Dyslin, a Big Four managing director and national commercial real estate property tax leader, joins Dr. Jake Latimer for a deep dive into Texas property tax: falling office values, appraisal districts, contingent fees, renditions, fixed assets and how to lower your bill.

In this episode:

• Why office values may fall about 30%, per Derrick
• How data integrity drives appeal results
• How contingent fees work
• Why repairs vs. capital improvements matter to the appraisal district
• Removing old assets from your fixed asset list

Let's Build your Blueprint Together...
Blueprint Advisors is a tax, accounting and CFO advisory firm in The Woodlands, TX, serving business owners across Houston and beyond. Advisory comes first: at least four planning calls a year, a custom blueprint for every client, audit protection on the returns we prepare through TaxProtectionPlus, and real CFO work led by Dr. Jake Latimer.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax or legal advice for your situation. Tax rules and figures are as discussed at the time of recording and may have changed since.

Small business tax traps can cost you thousands. In the first full-length episode, Dr. Jake Latimer and Rick Yancy, CPA, break down ERC scams, the Augusta rule, hobby losses and the documentation that protects you in an IRS audit, plus vehicle write-offs, depreciation recapture, S corp loans, cost segregation and hiring your kids.

In this episode:

• How to spot a frivolous Employee Retention Credit (ERC) claim
• What the Augusta rule actually requires
• Why depreciation is a deferral, not a tax break
• Hobby vs. business: why intent decides the deduction
• How basis, suspended losses and distributions work
• What records the IRS asks for first in an audit

Recorded in late 2023.

Rick Yancy, CPA, was a partner at the firm when this episode was recorded.

Let's Build your Blueprint Together...
Blueprint Advisors is a tax, accounting and CFO advisory firm in The Woodlands, TX, serving business owners across Houston and beyond. Advisory comes first: at least four planning calls a year, a custom blueprint for every client, audit protection on the returns we prepare through TaxProtectionPlus, and real CFO work led by Dr. Jake Latimer.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax or legal advice for your situation. Tax rules and figures are as discussed at the time of recording and may have changed since.

Sixteen-plus years as partners, starting right before the 2008 crash. Real estate professionals Ray Larson and Marco Brito of The Woodlands, TX, talk with Dr. Jake Latimer about surviving the downturn, standing out among thousands of agents, honesty, faith, family and doing right by clients.

In this episode:

• Lessons from starting before the 2008 crash
• How to stand out in a crowded real estate market
• Choosing reliable professionals
• The role of faith and family in resilience

Let's Build your Blueprint Together...
Blueprint Advisors helps business owners in The Woodlands, Houston and beyond with year-round tax planning, tax preparation and fractional CFO advisory, with at least four planning calls a year and a custom blueprint for every client.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax, legal or medical advice for your situation.

From employee to practice owner. Chiropractor Dr. Steven Smith talks with Dr. Jake Latimer about delegating, credentials and responsiveness, spinal MRI expertise, diversifying into real estate, health and parenting.

In this episode:

• Going from employee to practice owner
• Why referrals and relationships matter
• Diversifying income beyond your practice
• Health and family lessons

Let's Build your Blueprint Together...
Blueprint Advisors helps business owners in The Woodlands, Houston and beyond with year-round tax planning, tax preparation and fractional CFO advisory, with at least four planning calls a year and a custom blueprint for every client.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax, legal or medical advice for your situation.

Set a date and do not deviate. Darren Tompkins of the recruiting firm Vader Ray talks with Dr. Jake Latimer about the Star Wars-inspired name, referral partners, setting a quit date, giving more than you ask, marriage and business, and planning before you launch.

In this episode:

• Why to set a date and stick to it
• Give a lot, ask a little
• How to ask for referrals
• Balancing marriage and business

Let's Build your Blueprint Together...
Blueprint Advisors helps business owners in The Woodlands, Houston and beyond with year-round tax planning, tax preparation and fractional CFO advisory, with at least four planning calls a year and a custom blueprint for every client.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax, legal or medical advice for your situation.

What protects your business when the IRS or a hacker comes calling? Dr. Jake Latimer and Rick Yancy, CPA, cover identity theft protection, audit protection, cybersecurity, CFO services, IRS red flags, the R&D credit, capital gains strategies and the Trump-era tax policy debates discussed at the time.

In this episode:

• Why identity theft and audit protection matter
• What business interruption and cyber coverage protect
• IRS red flags like outsized mileage
• The four-part R&D credit test
• Capital gains strategies
• Policy debates: SALT, wealth tax and Social Security taxation

Rick Yancy, CPA, was a partner at the firm when this episode was recorded.

Let's Build your Blueprint Together...
Blueprint Advisors is a tax, accounting and CFO advisory firm in The Woodlands, TX, serving business owners across Houston and beyond. Advisory comes first: at least four planning calls a year, a custom blueprint for every client, audit protection on the returns we prepare through TaxProtectionPlus, and real CFO work led by Dr. Jake Latimer.
Book a consultation: https://www.blueprintadvisorstx.com/contact/ | (281) 288-0909
Follow: Instagram @drjl_26 | X @JakeLatimer26 | YouTube & TikTok @blueprintadvisorstx

Educational only, not tax or legal advice for your situation. Tax rules and figures are as discussed at the time of recording and may have changed since.