by Leif Jensen | Nov 6, 2019 | Taxes |
People who choose to go without health coverage will find it easier to fill out their 2019 tax returns. The 2017 tax reform law repealed the fines under Obamacare’s individual mandate for post-2018 years. So those taxpayers who chose to forgo getting health insurance...
by Leif Jensen | Nov 5, 2019 | Running a Business, Taxes |
A business manager called in a bit of a panic. It seems that their bookkeeper had quit four months before and they received a notice that they are now being audited by the Illinois Department or Revenue for their Sales Taxes for 2017 to 2019. I went to meet with the...
by Leif Jensen | Nov 4, 2019 | General, Rant, Running a Business, Taxes |
U.S. National Debt has risen to a record high exceeding $22 Trillion. To make matter worse according to the Treasury Department data comes as tax revenue has fallen and federal spending continues to rise. The new debt level reflects a rise of more than $2 trillion...
by Leif Jensen | Oct 30, 2019 | Rant, Running a Business |
I was working with a client that came to me after a worker’s comp audit. The owner and family were the only ones listed on the policy and drawing salary. The audit determined that their independent contractors were in fact employees and not independent contractors...
by Leif Jensen | Oct 29, 2019 | Advertising, General, Rant |
Imagine that you developed and refined a destructive force that changed the world of warfare and that you made of fortune doing so. But you never really thought about the consequences of your actions until you read an obituary about yourself that was run instead of...
