by Leif Jensen | Sep 24, 2019 | Taxes |
Earlier this year I was invited to an event that I have never been a part of before, an IDES audit. I know that the Illinois Department of Employment Security does audit, but I have never had a client who was audited. Now I have had one. The client was an unlikely...
by Leif Jensen | Sep 23, 2019 | Running a Business, Taxes |
This tax season we picked up a new tax client. This person is apparently an independent contractor. Based upon the facts of the case, I disagree. I believe this person to be an employee and that his employer has him paid as an independent contract to save on the...
by Leif Jensen | Sep 18, 2019 | Investing |
Do you have or believe in life insurance? Years ago, I was not a fan and didn’t see the philosophy. Then when I worked as a financial planner and compliance for a group of financial advisors, I was taught and saw the benefits at work. Life Insurance is one of the...
by Leif Jensen | Sep 17, 2019 | Estate Planning |
I have a business client who owns a business and has three children. The largest asset the owner has is the business. One child works within the business and the plans are for them to eventually take over the running of it, while the siblings dabble in the business...
by Leif Jensen | Sep 16, 2019 | General |
I learned something new about insurance recently. I am Trustee on a Trust and the Trust owns a piece of property with a home on it. The tenant bypassed me and filed claims with the insurance company in 2017 and 2018. Very small claims, the 2018 had a payout of...
