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...
by Leif Jensen | Apr 20, 2022 | Investing, Money Management, Rant |
One client this tax season was asking me what I thought the economy was going to do in the near term, this gentleman is slightly older than me. I started by reviewing that 2021 was a gangbuster year, that most of my accounts had hit their highs and that I was pleased...
by Leif Jensen | Apr 19, 2022 | Rant |
A hundred years ago when I went to college, I told my father I was majoring in accounting. He told me that he hoped I liked “shoe stores”. The only other person whom he knew that ever majored in accounting worked as a manager of a shoe store. Apparently, he knew no...
by Leif Jensen | Apr 18, 2022 | Money Management, Running a Business |
We work with a number of clients who ask for our advice and then act upon that advise, usually for the better and their business grow and prosper. While there are a few outliers that have me in regularly to assist with certain tasks and then ignore my advice. One...
by Leif Jensen | Apr 14, 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 Management guru Peter Drucker (1909-2005) once said, “Every...
by Leif Jensen | Apr 13, 2022 | Money Management, Running a Business |
As strange as it may seem, we are working with a number of clients who maintain no books or records. After we created some semblance of order with their records, we could then prepare the tax returns for them. When we finally get a chance to present the returns to...
by Leif Jensen | Apr 12, 2022 | Rant, Taxes |
While at this writing the Biden tax proposal hasn’t been voted on but has been described to include very scary items. First off this is supposed to only “tax” the uber wealthy. But the tax code itself was to do the same thing in the beginning. Tax a very small...
by Leif Jensen | Apr 11, 2022 | Rant |
I was surprised when I investigated who were the movie monster screen chain in the world. I expected most to be in China owned and operated, based purely on population. But number one is AMC with 11,041 screens, started in Kansas City Number two is Cineworld, based...
by Leif Jensen | Apr 6, 2022 | Rant |
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...
by Leif Jensen | Apr 5, 2022 | Rant |
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...
by Leif Jensen | Apr 4, 2022 | Running a Business, Taxes |
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...
