Crypto

A couple of years ago crypto was all over the news and the IRS was seeming addressing the issue constantly.  That is not the case at the moment. That may be because of Crypto and it’s many losses – I am seeing client dumping crypto in multiple forms and taking heavy...

Divorce and tax planning

A surprising number of clients are currently going through a divorce this tax season.  Both sides have been asking all sorts of questions.  Usually about the others income, probably at the behest of their attorney. All of these clients are still filing joint returns,...

Escalating Earnings

2023 was the year on the unexpected escalating income and under withholding. Interest rates jumped up in 2023, along with dividends.  Mutual fund companies, followed the great adage of buying low and selling high.  Capital gains were up significantly for a number of...

EIDL forgiveness

I have a couple of clients who have taken EIDL funds to weather the tide and are now regretting those choices. One needs to close; it has been hemorrhaging cash since I started working with them.  They have thrown their EIDL Funds and all of their savings into the...

Uncle Ben’s Rice

Uncle Ben’s Rice is a combination of fact and fiction.  The company started in 1943, the company was originally called “Rice Products, Inc.”. The company was renamed in 1946 to “Uncle Ben’s Incorporated”. The farmer’s name was Ben; hence the name, Uncle Ben’s rice....

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