by Leif Jensen | May 31, 2022 | Running a Business |
We I am discussing client’s businesses with them we use the terms small and or medium sized businesses. There is a lot of flexibility in the use of both terms small and medium. The parameters very in people minds. Then I found a strange Australian sitcom called...
by Leif Jensen | May 26, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results Here are two more specific actions that should be core to...
by Leif Jensen | May 25, 2022 | Investing, Running a Business |
You are looking to get into a new line of business or rapidly grow your own business, the easiest way for some to do this is to buy an existing business. When purchasing a business, you need to know that the details and analysis of what you look at and for will differ...
by Leif Jensen | May 24, 2022 | Advertising |
As a CPA I have a number of natural Centers of Influence, those who can make referral through their normal course of business. Realtors can be one for new individuals who are moving into the area wanting a local practitioner. Bankers are another, when a client comes...
by Leif Jensen | May 23, 2022 | Advertising |
How a business owner market their business has always been a strange attraction to me. I am always on the look-out for an idea that I can steal and implement in my business. I admit I am flabbergasted when I find that the business owner is doing no marketing or...
by Leif Jensen | May 19, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results Recall from the last post, I stated that building trust is...
by Leif Jensen | May 18, 2022 | Investing, Money Management, Taxes |
If you don’t meet the definition of “Trader” in the eyes of the IRS, you are an “Investor”. Investors typically buy and sell securities and expect income from dividends, interest, or capital appreciation. They buy and sell these securities and hold them for personal...
by Leif Jensen | May 17, 2022 | Investing, Money Management, Taxes |
If you meet the definition of “Trader” by the IRS you can choose to use the mark-to-market rules, investors cannot. If a trader doesn’t make a valid mark-to-market election under section 475(f), then he or she must treat the gains and losses from sales of...
by Leif Jensen | May 16, 2022 | Investing, Money Management, Running a Business, Taxes |
Are you a “Trader” or an “Investor” in the eyes of the IRS? Special rules are in place if you’re a trader in securities, in the business of buying and selling securities for your own account. The law considers this to be a business, even though a trader...
by Leif Jensen | May 12, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results What’s next after you’ve got the right people on the bus who...
by Leif Jensen | May 10, 2022 | General, Rant |
I was reading Adam Chandler and, in his book, he points out that on a monthly basis that 80 percent of Americans eat fast food at least once a month. He goes so far as to claim that fast food attracts more interest consistently than libraries, gyms or house of...
by Leif Jensen | May 9, 2022 | Taxes |
This year was odder than most, we had a number of taxpayers wanting to claim head of household status while still married. Yes, that is an option, but there are hoops to jump through. To qualify for the head of household filing status while married, you must be...
by Leif Jensen | May 5, 2022 | Uncategorized |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results The last two articles focused on aligning human capital to...
by Leif Jensen | May 4, 2022 | Economy, Investing |
What is a staking reward? Have you even heard of staking or staking rewards? Staking rewards are an incentive that blockchains provide to participants. Each blockchain has a set amount of crypto rewards for validating a block of transactions. When you stake crypto...
by Leif Jensen | May 3, 2022 | Economy |
Are you a fan of virtual currencies? Have you joined the bandwagon of virtual currencies? I admit that I am not. I did just hear from a Financial Advisor who stumbled upon one of my postings and wanted to get together to discuss the benefits of virtual currencies. ...
by Leif Jensen | May 2, 2022 | Economy |
As I know you are aware we are in a period of increasing inflation. Now most people here inflation and think prices rise all over and pay, not as much nor as quickly. In most instances this is correct, most employers on increase pay once a year, or never in some...
by Leif Jensen | Apr 28, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results The last post focused on Shared Core Values as a mark of...
by Leif Jensen | Apr 26, 2022 | Banking, Money Management, Running a Business |
How often do you reconcile your bank accounts? What about your brokerage accounts? I am working with a business that has neglected their cash and investment accounts for several years… I only have bank accounts in my businesses, and I seemingly don’t like to keep...
by Leif Jensen | Apr 25, 2022 | Advertising |
I was bopping around the internet, and I saw a video for “How to Spot a Fake Website” I was intrigued. With the advancement of e-commerce and the thousands of websites that are created daily, some are created for illicit purposes. The idea was show us that there are...
by Leif Jensen | Apr 21, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results The last post introduced the topic of organizational design...
