Tag Archives: CPA

Business Security in an Insecure World

Over twenty-five years ago I met with a new client who told me why he fired his last accounting firm.  He received a phone call from a good samaritan that the person had found my client’s tax records in a … 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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To Be, Or Not To Be an S-Corporation, THAT is the Question:

Whether ’tis Nobler in the mind to suffer the stings and angles of outrageous tax planning, or to take hold against a sea of tax pitfalls, and by addressing them : to not cry, to sleep more soundly. As CPAs, … Continue reading

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S-Corporations: Watch out for those Glacier Crevasses

Have you ever watched a mountain climbing movie or documentary where they have to cross a glacier that is covered with snow.  The climbers move at a snail’s pace checking the ground in front of them for a hidden crevasse.  … Continue reading

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Bad Strategies are Like Undercooked Pasta…Nothing Sticks

I worked in my family’s Italian restaurant as a pizza cook during my teen years and even today I still have to taste  pasta to know for sure that it is done.  Another way is to throw it against the wall … Continue reading

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CPA Advice on How to Grow a Business of Any Kind

I grew up in a family of entrepreneurs.  Most of my uncles were some form of contractor: General, electrical, and plumbing.  Prior to becoming a CPA, I learned a little about these trades from them which helped me when I … Continue reading

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What Are You Worth? Or, Are you a Guppy in a Red Ocean, or A Whale in a Blue Ocean?

Two respected strategist friends and I had lunch discussing new service businesses.  Erik asked how much a person should charge when creating a newer field.  Robert responded that there is no magic “price,” but that you should base it on … Continue reading

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Strategic Leading, A Task Not for the Timid

Recently I led a strategy meeting for the Association for Strategic Planning, Los Angeles Chapter (ASP).  What made this exercise unusual is that even though I am the President of the Chapter, I was not the greatest of strategists in … Continue reading

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Child and Dependent Care Tax Credit

I remember the days when our young ones were in childcare.  We would allot the maximum amount allowed under my wife’s flexcare (or cafeteria) plan in order to deduct as much of childcare on our tax return. However, there are … Continue reading

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Are You Anti-Social Networking, or Is Your Social Networking, Not Working?

Almost two years ago, I invited my social networking guy, Gregg Towsley (of WSI Quality Solutions), to speak at the Association of Strategic Planning, Los Angeles Chapter dinner.  He showed my CPA business consultant company’s social profile before and after … Continue reading

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