Tag Archives: bookkeeping

Small Business Fraud: We Have A Situation Here

Over the last 30 years I have  investigated a few situations  where fraud was suspected.  However, my favorite story actually happened well before my CPA career.  I worked for a person who  verbally abused everyone around him, not the least … Continue reading

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Business Cents: Before You Add That New Employee or Invest in that Venture…

Several years ago, a small business prospect asked me about their idea of employing a new sales person.  At that time, the company’s industry was high sales with low margins.  This prospect were being crowded out by the big home technology manufacturers … Continue reading

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Jeff Bridges: Be an Actor or a Singer, His Skills Are Transferable. And In Business, So are Yours

Many articles surfaced earlier this year about Jeff Bridge’s crossing over to country music.  Some were not flattering.  For example,  theweek.com quoted comments that branded Jeff as “country-lite,” and “a troubadour tourist.” But the critics missed the biggest point about Jeff Bridges.  Back … Continue reading

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Year End Small Business Tax Tips

As  Los Angeles Certified Public Accountants, we have the opportunity to work in different industries.  Each industry has its own special personality, yet there are some tax breaks that many are not taking: Healthcare credit: This credit is not only new to Certified … Continue reading

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How to Launder(for More)Money Without Getting Washed Up

I know that title can get me into trouble, but I couldn’t resist. I had lunch today with a childhood friend (no he is not nine years old).  I hadn’t seen  Gary in about 30 years. He still looks the … Continue reading

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Where Do We Go From Here? Strategic Planning In the Fog

The yellow bus lights glowed in the dark as my only beacon.  I couldn’t see 20 feet in front of me on Highway 99 in the central California valley, but we had to get to Lake Huntington.  The four cars … Continue reading

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If You Are Reading This, You’ve Proved My Point

 Last January, I again participated on the planning committee for the 2011 Entertainment Industry Conference for CPAs and attorneys.  We agreed on most of the usual topics to be presented at the conference.  Then, I suggested social networking.  The idea … Continue reading

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Small Business Promotion Using Social Media–How We Did It

I couldn’t believe it.  Well, actually I could, but I didn’t want to.  Gregg Towsley of WSI Quality Solutions sat down with me me 18 months ago and showed me that my business’s social profile was dead.  In other words, if … Continue reading

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2010 Small Business Tax Breaks Revisited

It’s always good to practice the basics, like a major league baseball player who may work on his swing by hitting a ball off a tee.  So here I am going back to the IRS tax site to remind small business … Continue reading

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The Tightrope of Employee Tax Classification is Getting Frayed

My grandfather was Alfano the Great.  In the 1920′s he walked between 2 eight story buildings with no net.  In addition, he walked on his hands, rode a bicycle and did wheelies.  All for a few bucks.  Obviously, he never … Continue reading

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