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Author Archives: The LA CPA
Are Small Business Start-ups Really Disappearing, or Just the Bad Ones?
In the 1970s I knew a guy who made a lot of money off hubcaps. He knew a guy who made a lock for the expensive Cadillac spoked-hubcaps that were being stolen. My friend invested $5,000 to help market this … Continue reading
Music Royalties: Never Leave Money on the Table
I remember about six years ago when a relatively unknown organization, Soundexchange, contacted us (CPA entertainment business managers) about signing up one of our music artist clients. They said that our client was not collecting all music royalties through ASCAP, UMG, EMI, etc. Instead, there were an increasing amount … Continue reading
S.W.O.T those Dreams! The Art of Engaging Opportunities
The other week, our youngest son (of 15 years), Austin, got the opportunity to sign to a live audience at the Los Angeles Convention Center in front of foreign dignitaries. The song was Land of Dreams written by Rosemary Cash … Continue reading
Posted in Business Finances, Strategic Planning
Tagged Business Plans, Business Tools, CPA, Strategic Planning
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Business and the Artist: The Butterflies of our Society
You’ve probably heard of the story about an old man and the cocoon. He watched the cocoon for days, and then it started to move. The butterfly struggled, so the old man slit the cocoon to let the butterfly out. The butterfly emerged … Continue reading
The Strategy of Looking Backwards
Have you ever driven a car towing a trailer and then tried to back up? Your senses got jumbled. Even though your mind told you to steer left, you had to steer right to move the back end of the … Continue reading
Posted in Business Finances, Strategic Planning
Tagged Business Plans, Business Tools, CPA, Small Business, Strategic Planning
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CPA Last Minute Tips: Tax Extensions and Payment Options
CPAs work hard this time of year, but for those of you who do not (or cannot) get your taxes done by April 17, here are some options that are listed on the IRS site. But don’t wait until tomorrow, … Continue reading
Deadline Tax Filing Tips from the IRS
Back in the 1980′s I lived in the San Fernando Vally near the main post office. At about 9 pm on April 15th, I would walk my dog to the post office to watch the late tax filers. A line … Continue reading
Posted in Personal Finances, Tax Planning
Tagged business taxes, CPA, CPA Firm Los Angeles, CPA los angeles, personal, Tax Filings, Tax tips
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Global Strategy and Italian Speeding Tickets
In 2010, our family vacationed in Paris, Italy, and London. We had a great time, especially visiting with our cousins in Italy. A few months after I got home, I received a parking ticket from Bologna, and a small speeding ticket from Rome. … Continue reading
Breaking Bad with a Mysterious Spouse
Believe it or not, I don’t watch TV very much. However, my wife and son sat me down to watch the series Breaking Bad. We are on episode 13 of the drama spotlighting a cancer-stricken high school chemistry teacher turned … Continue reading
Posted in Personal Finances, Tax Planning
Tagged CPA, Personal tax planning, personal taxes, Taxes
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Business Creativity and Illusion
As an Entertainment CPA, I find my clients are not short of creativity. Every year, clients retain us to create a business (and sometimes a strategic) plan for an entertainment industry venture. Usually they google Entertainment CPA, or Business Manager CPA, or Strategic … Continue reading
