Tax

Smart Year-end Tax Planning – Tax Reductions

There are 3 major issues that we have to bear in mind as the year ends: Taxes Company formalities Preparation for following year Take another look at the idea of transforming your 10 largest expenses. This is an ongoing procedure that needs to be done a minimum of twice...

Tax

All You Need Is Love

No matter who we voted for, we can all agree that this has been the nastiest presidential election since Thomas Jefferson called John Adams a hermaphroditic bastard. This week it’s finally (finally!) come to an end. Whether you’re elated or nauseated by the results, there’s probably one emotion you...

Tax

Battling Tax Evaders – IRS Wealth Squad

Last month, Hollywood brought back the classic western with a remake of The Magnificent Seven. It’s a tale as old as the West itself. An evil land baron terrorizes a town to satisfy his insatiable greed . . . and a ragtag squad of outlaws rides in to the...

Business Management

How to Save Money with a Proactive Tax Planning Approach

I am amazed at the media at or around April 15 attempting to explain that there are actual significant tax savings available at this late date. Yes, there are some minor tax savings, but most of the damage has already been done and there is no actual value in...

Tax

Fahrvergtaxen

Every once in awhile, some knucklehead in a position of power at one of the world’s biggest businesses does something so incredibly stupid, you wonder how they can remember to put their shoes on before they head to work in the morning. Bernie Madoff did it for decades by...

Tax

Don’t Bogart That Deduction My Friend

Imagine you’re a hardworking pot dealer just trying to operate an honest shop in the newly legal medical marijuana industry. You get audited, and the examiner hits you with a $290,000 bill. He then asks to talk “off the record,” and tells you he was lenient with your examination....