NodeWise CPA

What a week at ASCII Edge Chicago 2026!

We had a great time being part of the event, meeting MSP leaders, catching up with people in the industry, and hearing what’s happening across the MSP space.

Thanks to everyone who stopped by, said hello, joined a conversation, or spent some time with the NodeWise team. We really enjoyed being there.

Here are a few highlights from the week! ⤵

We just finished a 2025 return for a new MSP client.

As part of our review, we looked at the prior-year return prepared by someone else and noticed that the Pass-Through Entity Tax (PTET) election had not been made. Had it been made, it likely would have saved the client about $3,000 in federal tax.

Their income was higher this year, and we made the PTET election as part of their 2025 return. The projected federal tax savings is about $6,000.

Their prior-year preparation fee was approximately $1,250. Our fee this year was $1,750.

So they paid about $500 more in preparation fees and saved roughly $6,000 in federal tax.

PTET does not make sense for every business, but it’s something that should be intentionally evaluated.

We review it for every partnership and S corporation return we prepare in states with an income tax. Sometimes it helps. Sometimes it doesn’t. But it’s worth doing the analysis.

Chicago, here we come! 🎉

We're excited to announce that NodeWise CPA will be joining ASCII Edge 2026 in Chicago on September 23–24 as a sponsor, speaker, and exhibitor.

We're looking forward to meeting MSPs, connecting with partners, and having great conversations throughout the event. Whether you're attending sessions, exploring the expo hall, or just looking to network, we'd love to meet you.

More details are coming soon, so stay tuned - and if you'll be at ASCII Edge Chicago, be sure to stop by and say hello!

Tax planning often gets portrayed as finding loopholes or chasing the latest "hack."

In reality, the best tax planning usually looks a lot less exciting.

✔️ Understanding your financials
✔️ Planning ahead
✔️ Keeping accurate books
✔️ Choosing the right strategy at the right time

Good tax planning isn't about being clever.

It's about being intentional.

Choosing an SBA loan isn't just about choosing a loan.
It's about choosing a partner.

The best SBA lenders don't simply process paperwork. They help business owners understand their options, navigate challenges, and move through the process more efficiently.

When evaluating lenders, consider:
• Their SBA lending volume
• Their experience with businesses like yours
• Their responsiveness
• Their ability to explain the process clearly

For MSP owners pursuing growth, acquisitions, or partner buyouts, the right lending partner can make a meaningful difference in the overall experience.

Watch the full SBA Loan Series:
https://www.nodewisecpa.com/videos

One of the biggest mistakes business owners make with SBA loans is assuming the process will be quick and straightforward.

Sometimes it is.
Often, it's not.

For MSP owners, the challenge is balancing client work, team responsibilities, and lender requests at the same time.

Before starting the process, it's worth gathering business tax returns, personal tax returns, current financial statements, ownership information, and supporting documentation lenders commonly request.

A little preparation up front can help prevent months of unnecessary delays later.

Watch the full SBA Loan Series:
https://www.nodewisecpa.com/videos

If you're an MSP owner, this conversation is worth your time. We covered some of the most common financial mistakes that can quietly impact profitability - even when revenue is growing.

Thanks to the All Things MSP podcast for having NodeWise on to discuss practical financial strategies that can help MSPs make more informed decisions.

We'd love to hear what resonated with you after you listen!

🚀 New Episode Alert! 🚀
Are you making more money than ever but still wondering where it all goes? You are not alone.
In our latest episode of the All Things MSP Podcast, we sit down with Andrew Jordan, CPA and President of Nodewise, to talk about the financial blind spots that keep MSP owners up at night.

Here is what you will take away from this episode:
😩 Why managing your MSP’s finances by "gut feel" fails once you clear the $1M revenue mark.
💰️ The critical importance of moving your technician labor into Cost of Goods Sold (COGS) to find your true margins.
📒 How simple bookkeeping errors can accidentally inflate your income and trigger massive, unexpected tax bills.
⏱️ A quick, 5-minute framework for reading your balance sheet to spot major operational issues before they burn through your cash.

Stop running your business on emotion and start managing by data.
📺 Watch on YouTube: https://youtu.be/yaRsWAY_0nA
🎧 Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/all-things-msp/id1679331639
🎧 Listen on Spotify: https://open.spotify.com/show/4gXXVZ9RuVppd4k4hN1jp1
Connect with our guest, Andrew Jordan, and learn more about Nodewise:
👉 Guest LinkedIn: https://www.linkedin.com/in/andrew-jordan-cpa/
👉 Nodewise Website:https://www.nodewisecpa.com/

Special thanks to our incredible sponsors for making this show possible: Blumira, Choice Cyber Solutions, Compliance Scorecard, EasyDMARC, Gozynta, Material Security, and Sync365. Check them out here: https://allthingsmsp.com/sponsors