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.

Your S-Corp salary should be more than a number your payroll provider picked.If you actively work in your contracting bu...
09/23/2026

Your S-Corp salary should be more than a number your payroll provider picked.

If you actively work in your contracting business, the IRS expects you to pay yourself reasonable W-2 compensation before taking distributions.

But there is no universal percentage or “60/40 rule” that automatically makes your salary defensible.

The right number should reflect:
→ The work you actually perform
→ How your time is divided between field and management roles
→ Comparable wages for your region and industry
→ The company’s profitability
→ The documentation you keep on file

In my latest blog post, I explain how to establish a reasonable compensation range, use distributions appropriately, and create a documentation file that supports your decision.

A token salary may save payroll tax today—but without a defensible framework, it could create a much more expensive problem later.

Read the full article at the link in my bio.

09/21/2026

Taking off is exciting—but a successful flight begins with a plan.

Before leaving the water, a pilot knows the destination, checks the conditions, calculates the fuel needed, and prepares for changes along the way.

Your financial life requires the same kind of preparation.

It’s not enough to simply invest and hope you’re heading in the right direction. A thoughtful financial plan connects today’s decisions to tomorrow’s goals, while accounting for risk, changing conditions, and the unexpected.

You may know where you want to go.

The question is: Do you have a plan designed to help you get there?

Let’s map out your financial future.

🔗 Visit the link in bio to get started.

“Know well the condition of your flocks, and give attention to your herds.”— Proverbs 27:23A construction company can lo...
09/20/2026

“Know well the condition of your flocks, and give attention to your herds.”
— Proverbs 27:23

A construction company can look busy and still be financially vulnerable.

The crews are working. The schedule is full. New projects are being signed. But do you know the true condition of what you have been entrusted to manage?

Do you know which jobs are profitable?
Where cash is getting tied up?
Whether receivables are being collected?
How much the business can safely distribute?
What risks could affect your family or your team?

Biblical stewardship requires more than working hard. It asks us to pay attention.

Knowing your numbers is not about becoming consumed by money. It is about managing your responsibilities with wisdom, clarity, and care.

This week, take a closer look at one area of your financial life or business that you may have been too busy to examine.

Good stewardship begins with knowing what needs your attention.

09/18/2026

A successful day on the water starts long before the first cast.

You consider the conditions, choose the right location, and know what you’re trying to catch. Investing deserves the same level of intention.

Without a clear strategy, it’s easy to chase trends, react to market noise, or take risks that don’t align with your goals.

A financial plan gives your investments a purpose. Helping you understand what you’re working toward, how much risk is appropriate, and whether you’re still on course.

Don’t leave your financial future to chance. Let’s map out your plan.

🔗 Schedule a quick call at the Link in bio.

A tax deduction doesn’t make equipment free. That $180,000 equipment purchase may create a valuable tax deduction. It co...
09/16/2026

A tax deduction doesn’t make equipment free.

That $180,000 equipment purchase may create a valuable tax deduction. It could also create a cash-flow problem.

Section 179 and bonus depreciation can both allow contractors to write off equipment quickly, but choosing the largest deduction isn’t always the smartest strategy.

Before buying that truck, trencher, or skid steer, consider:
→ Is this year more profitable than next year is expected to be?
→ Does the equipment support an actual business need?
→ Can your cash flow comfortably absorb the purchase?
→ Does your state follow the federal depreciation rules?
→ Would another tax strategy preserve more working capital?

The timing of the purchase can matter just as much as the deduction itself.

In this week’s blog, I break down Section 179 versus bonus depreciation, explain the mistakes contractors often make, and share a practical decision framework to review before signing for new equipment.

Read the full article on the website. Link in bio.

If you’re already considering an equipment purchase, you can also schedule a 30-minute CapEx Timing Screen to review the decision against your actual numbers.



For general informational purposes only. This is not individualized tax or legal advice; state treatment varies.

09/14/2026

You don’t wait for the storm to start before setting up camp.

The same should be true for your financial future.

A strong financial plan helps you prepare for uncertainty, protect what you’ve built, and move toward your goals with greater confidence. It isn’t about predicting every challenge. It’s about creating a solid foundation before one arrives.

Whether you’re building a business, preparing for retirement, or thinking about the legacy you want to leave, the best time to create your plan is before you need it.

Let’s map out your financial future.

🔗 Visit the link in bio to get started.

“Which of you, desiring to build a tower, does not first sit down and count the cost?” Luke 14:28Every experienced contr...
09/13/2026

“Which of you, desiring to build a tower, does not first sit down and count the cost?”
Luke 14:28

Every experienced contractor knows that enthusiasm is not a substitute for a plan.

Before construction begins, someone must study the plans, estimate the labor, calculate the materials, consider the risks, and determine whether the resources are sufficient to finish.

The same principle applies to our financial lives.

A goal may be worthwhile, but wisdom asks us to consider its full cost.

Growth may be exciting, but stewardship requires us to understand what it will demand. A good opportunity still deserves careful evaluation. Planning is not a lack of faith.

It is one way we faithfully manage the resources, responsibilities, and opportunities entrusted to us.

Before beginning the next big thing, pause and count the cost.

09/11/2026

Your construction company may be your largest asset, but its future sale price and timing are not guaranteed.

A more resilient retirement strategy builds two things simultaneously:
1. A durable, transferable company
2. Personal wealth outside the business

This can provide greater flexibility if the sale takes longer, the market changes, or you eventually decide to keep the company in the family.

Your business can be an important part of the plan. It should not have to carry the entire plan.

Schedule a Contractor Financial Checkup to begin evaluating how your business and personal financial strategies work together.

Tomorrow is Money 101: a virtual workshop for parents of teenagers and young adults.If you have been meaning to talk wit...
09/09/2026

Tomorrow is Money 101: a virtual workshop for parents of teenagers and young adults.

If you have been meaning to talk with your child about money but keep putting it off because the conversation feels too broad, this workshop will give you a place to begin.

You will learn how to guide practical conversations about:
Their first paycheck.
Their first budget.
Their first bank account.
Their first credit card.
Their first opportunity to save or invest.

You will also receive the Money 101 curriculum and activity workbook to take home and work through together. It includes paycheck math, budgeting exercises, the Rule of 72, credit and banking activities, a sample portfolio, discussion questions, and a one-page “My Money Plan.”

You do not have to cover everything in one conversation. The guide helps you move through it one practical topic at a time.

Money 101 Virtual Workshop for Parents
Tomorrow—September 10
Last chance to register at Link in Bio.

09/07/2026

Operationally complete and financially complete are not the same thing.

Before closing a job, confirm:
• Every cost has been recorded
• Every change order has been resolved
• Final billing has been submitted
• Retainage has been requested
• Closeout documents are complete
• Someone is accountable for collection

Then compare the final margin with the estimate so the next project can be priced more accurately.

Save this checklist and review your open jobs.

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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