In his escapades and adventures, James Bond may have used many tricks to escape death. However, even James Bond would have needed documentation to deduct the cost of his Aston Martin. Court nixes most auto deductions: In the summary judgment issued by a Tax Court Judge, he ruled that the owner of a Long Beach, California-based `…
Lack of Commitment Is the Most Common Reason for Divorce in the USA, according to Forbes.com “Revealing Divorce Statistics In 2024”. Divorce can have a lasting impact on your finances. Don’t let “Lack of Commitment” be your reason for messing up on Valentine’s Day 2024. Super Bowl to Daytona – What a Week We kicked…
We have a “knowledge gap” between what people understand about their income tax compliance situation and what their CPA has to do with your tax compliance situation. These are things that will increase your tax return price. Understanding the K-1: “It’s Truly a Maze of Information” Partnership and S-Corporation K-1s factor into this pricing. Think…
As we grow older, the parent/child roles often reverse, and we find ourselves caring for the very parents who once cared for us. That reversal has happened to myself and my parents, specifically my Dad. This past weekend, I experienced the struggle to access and coordinate my Dad’s ongoing care through Medicare. I am sharing…
“Big things come in small packages,” and the 1% Change is precisely that tiny package. What does a 1% Change do for you? A great example at the highest level is the Professional Golfers Association (PGA. Looking at the top 25 golfers in scoring average, the difference between #1 Rory McIlroy and #25 Billy Horschel….
Southern manners always suggest that one should never talk about politics, money, religion, and sex at the dinner table. We will probably touch on a few of those in the following words. If I offend you, I suggest you email me about how I have offended you. You should know that I appreciate a conversation…