Moviegoers

In a recent Gallup poll, they tracked U.S. adults’ movie attendance using this question periodically between 1988 and 1995 and then more regularly from 2001 through 2007. The latest reading is from a Dec. 1-16 Gallup poll, the first since 2007, and it shows a...

Who owns AMC Entertainment Holdings Inc.

I was talking to a client the other day about movies and they were somewhat resentful that the AMC theaters were mostly China owned.  I thought he was wrong put didn’t say anything.  I thought I had read something different but didn’t remember the details. China’s...

Home Office

I have to admit I am not a friend of the home office.  The thought of depreciating my home, only to recapture the deprecation as ordinary income when I sell it was never a warm fuzzy thought. Granted the IRS safe harbor of up to $1,500 is not a lot.  But as I sit here...

Side gigs

This year we picked up a number of new clients, a surprising amount have side gigs. Granted a number of them have a rental property of two. Today, I met with a couple where one had a pretty extensive e-commerce operation.  They have their website, but also are very...

2022 Capital Gains

With the significant drop in the stock market, I expect that capital gains from mutual funds will be sizable for 2022. When the market goes down a significant percentage of the population panics and go to cash. Mutual fund companies only hold so much cash in reserve...

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