The tax bill increases the child care credit to $2500. The bill eliminates taxes on tips with certain limits to be defined. The bill also eliminates taxes on overtime with certain limits.

The tax bill largely extends the tax cuts from the first Trump administration. The tax bill adds $4000 to the standard deduction for seniors. This phases out at higher incomes. The bill also doubles the standard deduction.

The tax bill is more than 1000 pages long. More analysis to come. The tax bill passed the House by one vote and still needs to pass the Senate. The bill passed 215 to 214. The tax bill is expected to increase the deficits by nearly $3 trillion over 10

Our next live webinar at Becker Private Equity and Business Podcast is set for June 17. Niches, Customers and Teams – 10 Thoughts on Building Businesses. Please register here:  https://lnkd.in/gYqjedKM We are also very excited to record a webinar in early June on leadership and business business building with 4

NVIDIA CEO Jensen Huang criticizes some of the restrictions on sales of chips to China. Jensen is a remarkable leader. Whether I agree with him or not, I’m thrilled to see some leaders like him have the wherewithal to speak up. This is not an anti-Trump comment. It’s a pro-Huang

Warby Parker jumped 15.63% yesterday as Google announced a partnership regarding AI-powered smart glasses. You would have needed insider information to have doubled down on Warby Parker. Lucid Motors jumped more than 10% yesterday. While its cars are very cool, it is way below 20,000 vehicles a year and below

Target is getting taken to the woodshed by Walmart. It badly missed on first quarter earnings and reduced its guidance for the year. Peloton Interactive reported that revenues fell 13% in the latest quarter. It also saw subscriber numbers drop. It’s a tough and ordinary business now that COVID is

The markets point broadly down this morning. It would have been a good morning to stay in bed.

The solopreneur vs building teams.  At some point in this book we will talk deeply about teams.  In fact, over the course of this book you will read a lot about teams and niches and customers.     Before we dig into teams, I want to discuss the concept or

In reference to Wisconsin, Giannis the basketball great who gives the Bucks a reason for being is discussing trade options with the team. This may cause anyone who has named their dog after the Bucks star to consider a rebrand.

We are excited to give a keynote talk June 5th at the Wisconsin Technology Council Entrepreneurs Meeting. We also thrilled to see the Becker Private Equity and Business Podcast reach 7 million downloads and the related newsletter pass 20000 subscribers. In reference to Wisconsin, Giannis the basketball great who gives

Christi Turdo gets today’s shout out of the day. Christi is a tennis pro turned club owner who has shown more grit than almost anyone I have ever known. She has expanded the club, hired great pros, and stabilized the entire enterprise. She also teaches some of the adults who

NVIDIA has been surging and has jumped nearly 30% over the last month. It’s market cap is back to $3.3 trillion and barely trails Microsoft which is at $3.37 trillion. Tesla has jumped 44% over the last month. Both Elon Musk and Donald Trump are resilient people. Jensen Huang is

UnitedHealth Group rallied 6.4% Friday and points up another several percent this morning. It’s down 42% year to date. United is the 3rd largest US company by revenues. The 5 largest US companies by revenues are Walmart, Amazon, UnitedHealth, Apple and CVS. Walmart is up nearly 9% YTD. Amazing strength

Moody’s, the credit agency, on late Friday dropped the US credit rating to Aa1 from Aaa. Moody’s largely pointed to ballooning deficits and rising interest costs. As I often say debt kills nations, companies and families. The stock market is reacting negatively to the drop in the US’ credit rating.