by Leif Jensen | Oct 8, 2019 | Investing, Retail, Running a Business |
Do you know anyone that owns a Tesla or a Hybrid? They are becoming more plentiful on the road. Which is causing a problem for a sector of business. Gas stations across the country are now facing a significant long-term problem; the rise of electric vehicles and...
by Leif Jensen | Oct 7, 2019 | Running a Business, Taxes |
Banks are rushing to meet a 2020 deadline for a new bookkeeping rule. They will need to estimate possible losses on a loan when it’s originated. Under today’s accounting rules, banks don’t book loan losses until they have evidence that a loss will occur. This change...
by Leif Jensen | Oct 2, 2019 | Advertising |
I was at the ICPAS Summit this year and bounced in and out of a couple of seminars. They had one on “Marketing your Practice” by Xero. I was intrigued; I know that there is always room for improvement and I am willing to learn something new. So I went. Once they...
by Leif Jensen | Oct 1, 2019 | Advertising, Running a Business |
“Accountants suck at marketing for the same reason that makes them great accountants: They’re highly rational people” -Blake Oliver This is true, I can attest to this as a CPA running his own business. I am much more comfortable talking to a client about their long...
by Leif Jensen | Sep 30, 2019 | Running a Business, Taxes |
While some states taxing authorities are urging the IRS to pick up the pace on giving them W-2 data. Others like Illinois are requiring that the data be entered on the My Tax Illinois website. Employers are required to file W-2s with the Social Security...
