Sign “O” The Times
The artist forever to be remembered as Prince shocked the world with his unexpected death last month at his Paisley Park compound outside Minneapolis. As is often the case when legendary musicians pass away, his album sales have soared. Fellow artists from Bruce Springsteen to the cast of the Broadway smash Hamilton quickly honored the […]
POTUS Meets IRS
For most of us, filing a tax return is a fairly private affair, just between us and our friends at the IRS. But for President Obama and his family, it’s a high-profile event. Last week the White House posted the Obamas’ return online, and it reveals a lot about how the tax laws apply at […]
How To Make Cruise Ship Travel A Business Expense
Many small business owners go on cruise ship travel and miss the opportunity to make it a business expense. Being able to deduct expenses for your small business can be tricky. Cruise Ship Travel & Vacation Days Must Be Planned Here are the things you need to know about if you want to be able to use […]
Born to Run
Lots of states get a bad rap. California is too flaky. New Yorkers are too unfriendly. North Dakota is too cold. (Wait a minute . . . you mean we’ve got two Dakotas?) But there’s one state that may get the worst rap of all, and that’s New Jersey. Too many Americans hear the name […]
Payroll Mistakes Will Cost Your Company
Have you thought about payroll for your small business? This is an essential part of your business to determine employee status. That may seem like something only large companies do. But, this is important vital if you or your spouse becomes an employee of the company.  So, if you are thinking about using a simple software to do it yourself, let me […]
Share Some Good News on Taxes
Tax “season” is almost over! Soon it will be time to take down your IRS decorations, just as the sounds of IRS carols begin to fade from your ears. You might even think it’s time to forget about taxes until next year! But that could be an expensive mistake. Here’s the sad reality. Whether you […]
Where Are All The Americans?
Last Sunday, the International Consortium for Investigative Journalism stunned the world with their release of findings from 11.5 million files leaked from the Panamanian law firm Mossack Fonseca. The “Panama Papers” blow the lid off the firm’s creation of over 214,000 companies, mostly in the British Virgin Islands and similar “sunny places for shady people” […]
Start Warming Up Your Texting Thumbs
If you’re not already one of the millions of Americans with a smartphone glued to your hands, this story may make you reconsider . . . . Vermont Senator Bernie Sanders has fired up the progressive left with his long-shot White House run. Sanders describes himself as a “democratic socialist,” and asks Americans, “What’s wrong […]
IRS April Tax Deadline: Story of a Broken Lamp
Think Back To Your Childhood… I remind my clients that the IRS April tax deadline looks like this: the story of the broken lamp. Remember when you were a child, as you were playing, you accidentally knocked over the lamp. In your best attempt, you try to move the lamp so that the broken parts are not […]
The Great Eskimo Tax Scam
Spring is here, at least according to the calendar, and you probably aren’t thinking much about Eskimos as April 15 approaches. But here’s a fun story from the Wayback Machine to remind you it’s never the wrong time to pay attention to taxes. Back in 1971, President Nixon signed the Alaska Native Claims Settlement Act. […]