“Taxes are what we pay for civilized society,” former U.S. Supreme Court Justice Oliver Wendell Holmes, Jr. is credited with saying. That’s only half the quote. You must only pay the amount required by law, no more. Tax planning is critical so you must only pay the...
“The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.” – John Sununu As April 18th draws nearer, I’ve been advising several new entrepreneurs and owners...
“The only thing that hurts more than paying an income tax is not having to pay an income tax.” – Thomas Dewar April 18 is two weeks away, and while that may be great news for us accounting professionals, it may be a solemn period of self-reflection for sole...
“Close your eyes, say a prayer, take a leap and never look back.” – Eric Hansen Huzzah! March is ending! In like a lion, out like a…slightly more soggy lion. In just over two weeks, we tax professionals will actually begin to taste food and see daylight and our...
"Why is it that if you take advantage of a corporate tax break you're a smart businessman, but if you take advantage of something so you don't go hungry, you're a moocher?" -- Jon Stewart We recently discussed how the Trump administration may cut export taxes for U.S....
“What came first, the music or the misery?” - John Cusack in “High Fidelity” Last week we discussed how entrepreneurs can distinguish themselves from the competition, and we established that simply offering low prices was a strategy to avoid. Instead, you should focus...
