by Leif Jensen | Nov 28, 2022 | Taxes |
First, do you owe the IRS money? If so, is the balance greater than $55,000? If the answer to both questions is yes, then you may have a passport problem. The State Department can deny or revoke U.S. passports of people with tax debts of $55,000 or more on whom a tax...
by Leif Jensen | Nov 16, 2022 | Rant |
Clergy and the military both get a double tax break on housing allowances; and I have no problem with either group doing so. The military are paid poverty wages and are encouraged to be locked into the poverty way of life as one way to get extra cash. The idea behind...
by Leif Jensen | Nov 15, 2022 | General |
Congress giveth as well as they taketh, usually with the skill of a magician, especially since they don’t want to be caught and get reelected. So, if you are thinking of buying an electric vehicle in 2023? You need to take note of the changes to the EV tax credit...
by Leif Jensen | Nov 14, 2022 | Running a Business |
I have had a number of clients over the years ask me what they should be charging for their product or service. There are times when I can assist them and other times not so much. I had one entrepreneur whom I told her, she needed to quadruple her rate; she was...
by Leif Jensen | Nov 9, 2022 | Running a Business |
Years ago when I was in college, one teacher (not a professor) was bragging about his apparent wealth, one item that he mentioned struck me as a smart investment. He boasted about being an owner of an auto repair shop. This way his autos would always be in excellent...
