Logan Colwell, Financial Advisor

Logan Colwell, Financial Advisor Eckman Wealth Management
We help construction company owners turn tax dollars into owner wealth. Book a 30‑min Contractor Checkup → calendly.com/ewmlogan

Cash Balance & 401(k) design, Profit Allocation Policies, proactive tax strategy.

Most teenagers will graduate knowing how to solve for X, but not how to read a paycheck, build a budget, avoid credit ca...
08/24/2026

Most teenagers will graduate knowing how to solve for X, but not how to read a paycheck, build a budget, avoid credit card debt, or start investing.

I want to help change that.

This September, I’m hosting a FREE virtual Money 101 workshop for teenagers/young adults and the parents, grandparents, or trusted adults who want to help them build a strong financial foundation.

We’ll make money easier to understand and talk about, without confusing financial jargon or lectures.

Together, we’ll explore:
• What really happens to a paycheck after taxes
• How to budget without feeling restricted
• Why starting to save and invest early matters so much
• How credit cards, interest, and minimum payments can become a trap
• How to choose bank accounts and avoid unnecessary fees
• How to set meaningful financial goals
• How jobs, business ownership, and investing create income

Every registrant will also receive two free downloadable resources:
• The complete seven-module Money 101 Curriculum
• The Student Activity Booklet with worksheets, real-world exercises, conversation starters, and a personal “My Money Plan” capstone project

Parents: you don’t have to be a financial expert to start meaningful conversations about money. You just need a place to begin.

This workshop gives you that starting point.
📅 September 10, 2026 @ 1PM MT (AZ time)
💻 Free virtual workshop
🔗 Register at the Link in Bio

Can’t attend live? Register anyway to receive the workshop resources and access information.

Tag a parent, grandparent, teacher, coach, or youth leader who wants to help the next generation make smarter financial decisions.

Proverbs 13:22 says: "A good person leaves an inheritance for their children's children."Two generations. Not one.I work...
08/23/2026

Proverbs 13:22 says: "A good person leaves an inheritance for their children's children."

Two generations. Not one.

I work primarily with business owners — contractors, tradespeople, people who have built something real with their hands and their years. And one of the questions I come back to with them regularly is this one: what does it look like for the work you've done to reach past your own lifetime?

Because an inheritance isn't just what you leave behind when you die. It's the equity you built; in the business, in the retirement accounts, in the real assets, that gets transferred intentionally, protected legally, and structured in a way that doesn't evaporate in a probate court or a tax bill.

The contractors who leave generational wealth don't always earn more than the ones who don't. They structure differently. They plan differently. They make decisions during the profitable years that protect the harvest during the lean ones.

A business that gets sold on the owner's terms, not out of desperation.
A retirement account that funded a dignified exit and still passed something on.
An estate plan that reflected real wishes rather than state default rules.

That's what Proverbs 13:22 is pointing toward. Not vague aspiration. Deliberate preparation.

You're already doing the work of your hands. The question is whether there's a plan behind it that makes the inheritance real.

Rest in that purpose today. 🙏

:22

Could you lift 100,000 pounds? Imagine this: someone at the gym tells you to lift 100,000 pounds. Your immediate respons...
08/21/2026

Could you lift 100,000 pounds?

Imagine this: someone at the gym tells you to lift 100,000 pounds. Your immediate response is to call them crazy, right? If they expect that in one lift, that is insane…but what if you break it down into bite sized chunks? 100,000 pounds lifted in increments of 100 pounds is 1,000 reps.

Okay, now we are getting somewhere! Break it down even further, that equals 100 sets of 10 reps each. Still a bit daunting, right? Spread that over 52 workouts, that is less than two sets per week. That isn’t even accounting for weekly strength gains. Now do you think lifting 100,000 pounds is intimidating? NO! You’ve broken down the goal into something you can achieve by starting a habit.

Now, take this and apply it to anything in finances.

You need to save $5m for retirement? Break it down into monthly goals.

You’re a business owner that made $1m profit this year? Use the guide I’ve already given you to put a strategy in place!

If the IRS is owed $370,000 and you procrastinated until March 14th, you’re going to say, “There’s no way I can pay my taxes.” But if you’re proactive and build the habit, $83,333 of monthly profit is more than enough to pay$30,833 of monthly taxes. Of course, this is before 401(k) contributions, profit sharing, and cash balance plans, but you know about that already…

Break it down. Build the habit. The number stops being scary.

If you want to optimize your profit for tax savings while also preparing for your retirement, comment “GUIDE” and I will send you my Contractor Tax Playbook.

This is one of the most underused strategies in small business — and one of the most misunderstood.Putting a family memb...
08/19/2026

This is one of the most underused strategies in small business — and one of the most misunderstood.

Putting a family member on payroll is completely legal. It's also completely audit-worthy if it's not done right. Here's the honest breakdown.

The strategy:
Shift income from your higher-bracket personal tax return to a family member in a lower bracket. A spouse earning $40,000 from your business pays a lower effective tax rate than you do on that same $40,000 at your marginal rate. Children under 18 may have even lower tax rates — and in certain business structures, no payroll tax at all.

What makes it legitimate:

Real work. The family member must actually be performing a service the business needs — scheduling, invoicing, job-site admin, bookkeeping, social media, or delivery runs. Not a title, a task.

Market rate pay. What you'd pay a non-family employee for the same work. Not $25/hour for answering one email a week. Not $5/hour for managing your entire back office.

Documentation. Time records, a job description, and a pay rate that matches the role. Simple but non-negotiable.

The right entity structure. Some business setups create additional payroll tax advantages when employing your own children — this is worth confirming with your advisor.

A realistic example:
A teenager doing job-site photography, social media posts, and materials pickup — 10 hours/week at $18/hour — earns roughly $9,360 in a year. In most cases, that income is taxed at their rate (not yours), the business gets the deduction, and the arrangement is fully defensible.

What doesn't work:
A spouse with no defined role, no timesheets, and a $6,000/month paycheck. That's the audit waiting to happen.

📩 Want to know whether this applies to your family situation? Reach out or book a free checkup at the Link in Bio.

08/17/2026

If you're an S-Corp, this one number could be costing you $10,000–$25,000 a year.

Your W-2 reasonable compensation.

Too low: IRS scrutiny, reclassification risk.
Too high: unnecessary payroll tax.

Benchmark: what would you pay someone else to do your job? Document it. Revisit it annually.

Free 30-min contractor tax checkup → link in bio.

Genesis 41 tells the story of Joseph interpreting Pharaoh's dream — seven years of abundance followed by seven years of ...
08/16/2026

Genesis 41 tells the story of Joseph interpreting Pharaoh's dream — seven years of abundance followed by seven years of famine.

Joseph's plan: store 20% of every harvest during the abundant years so the famine years don't destroy what was built.

I think about this story constantly in the context of construction finance.

Because the busy season is your abundant years. The backlog is full. Cash is flowing. Crews are working. And it's easy — genuinely easy — to let that abundance get absorbed into lifestyle, overhead, and growth without setting anything aside.

And then the slow season comes.

Joseph didn't just understand that the lean years were coming. He built a system to survive them — one that captured a portion of abundance automatically, before it could be spent.

The contractors I most admire financially do the same thing. They don't wait until January to figure out where the money went. They route it on the spot — tax reserve, seasonal buffer, growth capital — so that when the slow months arrive, they're not scrambling.

Stewardship in seasons of plenty is what makes the lean seasons survivable.

That's financial planning. And it's biblical wisdom too.

Rest in that today. 🙏

08/14/2026

Every contractor knows the slow season is coming. Most aren't ready.

The Liquidity Ladder — four accounts, four jobs:

1. Tax Reserve — moves automatically, off-limits
2. Operating Reserve — 30 days of fixed overhead
3. Seasonal Buffer — slow-season cover, separate and untouched
4. Growth Capital — equipment, bonds, next opportunity

The goal isn't perfection. It's not being surprised.

Free 30-min contractor tax checkup → link in bio.

Before you buy that truck, trailer, or excavator, consider how—and when—you’ll deduct it.Here’s the 2026 breakdown:Secti...
08/12/2026

Before you buy that truck, trailer, or excavator, consider how—and when—you’ll deduct it.

Here’s the 2026 breakdown:
Section 179
→ Deduct up to $2.56 million
→ Choose the deduction asset by asset
→ Cannot create or increase a business loss
→ Best when you want control over the deduction

Bonus Depreciation
→ 100% deduction for qualifying property
→ No annual dollar or business-income limit
→ Can create a tax loss
→ Best when you want the maximum first-year deduction

Timing matters. Equipment must be purchased and placed in service by year-end—not simply ordered or under deposit.

For vehicles, business use generally must exceed 50%, and additional limits may apply.
Before making a major purchase, ask: Is the deduction more valuable this year, or would a more controlled strategy create greater long-term value?

📩 Planning an equipment purchase? Book a free contractor tax checkup through the link in bio.

For educational purposes only. Eligibility and tax treatment depend on your circumstances.

Address

Phoenix, AZ

Opening Hours

Monday 7am - 5pm
Tuesday 7am - 5pm
Wednesday 7am - 5pm
Thursday 7am - 5pm
Friday 7am - 5pm

Telephone

+16027265976

Website

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