by Leif Jensen | Jun 3, 2024 | Rant |
My son sent me a story/article the other day which shared the stats from a DOJ case regarding Penguin wanting to buy Simon and Shuster. The deal was killed because of monopoly issues. Penguin has 37% of the market and Shuster has 11%, a merger would dominate the...
by Leif Jensen | May 29, 2024 | Taxes |
The IRS has this pesky thing about taxes, they expect them to be paid. I have a couple of clients who are independent contractors and they should be. But they tend to not gross a lot of money and never plan for the inevitability of income taxes. They believe that they...
by Leif Jensen | May 27, 2024 | Investing |
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...
by Leif Jensen | May 22, 2024 | Taxes |
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,...
by Leif Jensen | May 20, 2024 | Taxes |
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...
