First Gen Wealth Education
First Gen Wealth Education
Schedule C vs Schedule E Explained for Entrepreneurs
by Eric James on Dec 20 2025
Most new entrepreneurs don’t understand the difference between Schedule C and Schedule E income. This guide explains active versus rental income, passive loss rules, and how the IRS actually treats income in clear language.
First Gen Wealth Education
Health Savings Accounts Explained for Entrepreneurs
by Eric James on Dec 17 2025
If you’re a business owner from an underserved community, one medical bill can knock you off track. This guide explains Health Savings Accounts and high deductible health plans in plain language so you can protect your income and plan ahead.
First Gen Wealth Education
5 Audit Triggers Every New Entrepreneur Should Understand
by Eric James on Dec 07 2025
Most audits don’t come from bad luck. They come from simple mistakes new entrepreneurs make when nobody ever taught them the rules. These five insights will help you understand how the IRS thinks so you can move smarter.
First Gen Wealth Education
529 Plans: What First Generation Entrepreneurs Need to Know
by Eric James on Dec 06 2025
529 Plans aren’t just college funds anymore. They’re career savings tools built to give our children the options we never had. Here’s a simple breakdown every first generation entrepreneur should know.