Tag Archives: CPA los angeles

A Revelation: Bad Strategy of the Four Horsemen(Part 2 of 4)–”Failure to Face the Challenge”

In our last episode, I mentioned how Knute Rockne compiled four sophomore football players in the Notre Dame backfield who became football lore. The Four Horsemen of Notre Dame destroyed almost any defense they faced from 1922 to 1924, only … Continue reading

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The Art of the 21st Century Certified Public Accountant in Business

Twenty-five years ago  worked in a CPA firm with a woman whose father directed orchestras for major films.  She informed me about an orchestra director secrets like the isometrics he would perform to build up his arms, the focus of his eyes, and the … Continue reading

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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

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Don’t Mess with Taxes

(From Marx Brother’s Duck Soup) The new Secretary of War Chicolini( Marx brother Chico) is discussing the  funding of the war: Minister of Finance: Something must be done! War would mean a prohibitive increase in our taxes. Chicolini: Hey, I … Continue reading

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The Best CPA Tax Tip: Filing Your Tax Return For Free

Yes, you heard me.  The IRS has a link that provides free tax software to those who have an adjusted gross income of $57,000 or less.  The IRS explains the program: Everyone can prepare and e-file their federal tax returns … Continue reading

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Boss Trek:The Next Generation. How Running a Successful Business Has Already Changed

My late brother-in-law, Philip Epstein was the son and nephew of  famous screenwriters called “the Epstein Brothers.”  These brothers, Julius and Phillip, wrote Casablanca(garnering an Oscar) and many other great movies.  Phillip told me sometime later, Jack Warner tried to harness the Epstein … Continue reading

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Roots and Rooted Maps, the Kunta Kinte of Strategy

Remember in the TV series Roots when Omoro, Kunta’s father, held his infant son,Kunta Kinte,  up to starry sky and said, “Behold the only thing greater than yourself!” I felt the article, Remapping your strategic mind-set by Pankaj Ghemawat was screaming … Continue reading

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A CPA’s Guide to Charitable Tax Contribution Documentation

Year’s ago I went to great lengths to report and document the tax donation of a client’s Picasso.  The tax return was completed and signed by the qualified appraiser, who supplied by the client.  Little did I know that this appraiser … Continue reading

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Strategic Planning for the Artist: A Los Angeles CPA Business Manager’s Attempt to Integrate Business Concepts

Tomorrow, as a Los Angeles CPA business manager,  I will be merging two of my skills with a client.  My entertainment business management skills, and my strategic planning skills.  This client is a singer/songwriter who produced  a music demo and video. … 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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