by Leif Jensen | Jun 3, 2012 | General |
CPA’s are considered to be clients most “trusted advisor” and I would have to agree with that. Within our core services we work as strategic partners that assist to provide solutions to complex problems by integrating knowledge, expertise and resources from multiple...
by Leif Jensen | May 31, 2012 | General |
I was meeting with a client today and as usual the conversation went into an odd direction. We got started on debit cards, now I am not a fan of debit cards. I dislike the fact that all you funds are at risk. I prefer using a credit card. She on the other hand was...
by Leif Jensen | May 31, 2012 | General |
I was meeting with a client today and as usual the conversation went into an odd direction. We got started on debit cards, now I am not a fan of debit cards. I dislike the fact that all you funds are at risk. I prefer using a credit card. She on the other hand was...
by Leif Jensen | May 28, 2012 | General |
Below is a posting from John Cullerton the Illinois Senate President’s blog: What will be the first of several reform bills to shore up the Medicaid system passed the Senate today after passing the House earlier this afternoon. Senate Bill 2840 reduces Medicaid...
by Leif Jensen | May 28, 2012 | General |
Below is a posting from John Cullerton the Illinois Senate President’s blog: What will be the first of several reform bills to shore up the Medicaid system passed the Senate today after passing the House earlier this afternoon. Senate Bill 2840 reduces Medicaid...
by Leif Jensen | May 27, 2012 | General |
To expedite the collection process, and my opinion to deal with the IRS budget cuts. The IRS now has an online payment agreement application. This is shown as a three step process: Determine eligibility: Owe no more than $50,000 in combined tax, penalties and...
by Leif Jensen | May 27, 2012 | General |
It seems that the times dictate the questions have had a couple looking at having an S corporation to buy your main home. This has a few tax disadvantages. First off shareholders cannot claim the home buyer credit on the residence, according to the Tax Court. They...
by Leif Jensen | May 27, 2012 | General |
To expedite the collection process, and my opinion to deal with the IRS budget cuts. The IRS now has an online payment agreement application. This is shown as a three step process: Determine eligibility: Owe no more than $50,000 in combined tax, penalties and...
by Leif Jensen | May 27, 2012 | General |
There are clients who are wondering if their health plan passes muster under the health reform law? Based upon the changes forced upon them by the carriers to the increased costs I tend to doubt it. But getting the answers from the government is not possible yet. ...
by Leif Jensen | May 27, 2012 | General |
It seems that the times dictate the questions have had a couple looking at having an S corporation to buy your main home. This has a few tax disadvantages. First off shareholders cannot claim the home buyer credit on the residence, according to the Tax Court. They...
by Leif Jensen | May 27, 2012 | General |
There are clients who are wondering if their health plan passes muster under the health reform law? Based upon the changes forced upon them by the carriers to the increased costs I tend to doubt it. But getting the answers from the government is not possible yet. ...
by Leif Jensen | May 25, 2012 | General |
I have to admit, I did not know that once you die your social security number becomes a matter of public record. It seems that the Social Security Administration publishes these numbers once someone dies. The government actually sells subscriptions for access to this...
by Leif Jensen | May 25, 2012 | General |
I have to admit, I did not know that once you die your social security number becomes a matter of public record. It seems that the Social Security Administration publishes these numbers once someone dies. The government actually sells subscriptions for access to this...
by Leif Jensen | May 20, 2012 | General |
While listening to a past podcast of “The Age of Persuasion” they were doing book reviews. One of the books discussed was Leap by Bob Schmetterer. Leap was published in 2003, not too long ago, but the book covers Schmetter’s career that started in the 1970’s and...
by Leif Jensen | May 20, 2012 | General |
While listening to a past podcast of “The Age of Persuasion” they were doing book reviews. One of the books discussed was Leap by Bob Schmetterer. Leap was published in 2003, not too long ago, but the book covers Schmetter’s career that started in the 1970’s and...
by Leif Jensen | May 15, 2012 | General |
It is estimated that by 2020, health care will account for nearly one in nine U.S. jobs. This represents a 30% jump in employment between 2010 and 2020. Adding an estimated 4.2 million new jobs. The majority of these positions will be low-paying positions (CNA’s,...
by Leif Jensen | May 12, 2012 | General |
“It’s no wonder American’s are trying to eat themselves to death”. This quote from a quickly dismissed comedy that touched on an issue that seems to be growing today more than ever. Employers whom have been shouldering the bulk of the burden for health care are...
by Leif Jensen | May 12, 2012 | General |
This tax season the IRS continues to be flooded with notifications from victims of tax-related identity theft. Scammers are using stolen Social Security numbers to get unauthorized refunds, and the victims are finding out there’s a problem only when their tax return...
by Leif Jensen | May 12, 2012 | General |
“It’s no wonder American’s are trying to eat themselves to death”. This quote from a quickly dismissed comedy that touched on an issue that seems to be growing today more than ever. Employers whom have been shouldering the bulk of the burden for health care are...
by Leif Jensen | May 12, 2012 | General |
It is interesting what Congress has been tossing around to be limited or out an out eliminated with the possibility of tax reform: mortgage interest, charitable contributions and state taxes. For the vast majority of my clients that basically leaves property taxes as...
