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...
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...
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 4, 2012 | General |
Where do you spend your advertising dollars and time? I was at a SCORE seminar sponsored by Palatine Bank and Trust ; that shared a formula for advertising that I have to admit that I had never seen or heard of before. Time ...
by Leif Jensen | May 4, 2012 | General |
Where do you spend your advertising dollars and time? I was at a SCORE seminar sponsored by Palatine Bank and Trust ; that shared a formula for advertising that I have to admit that I had never seen or heard of before. Time ...
by Leif Jensen | May 3, 2012 | General |
According to the Supreme Court the IRS only has three years to seek back taxes based on an overstated tax basis. According to a case where a business understated the gain from the sale of an asset because an inflated tax basis was used. The Service stated it had six...
by Leif Jensen | May 3, 2012 | General |
According to the Supreme Court the IRS only has three years to seek back taxes based on an overstated tax basis. According to a case where a business understated the gain from the sale of an asset because an inflated tax basis was used. The Service stated it had six...
by Leif Jensen | May 3, 2012 | General |
A side business is a business and not a hobby, according to the tax court. This is good news for an attorney by day and part time filmmaker by night. The documentary film activity is engaged in for profit, despite the large losses incurred in the six years it took to...
by Leif Jensen | May 3, 2012 | General |
A side business is a business and not a hobby, according to the tax court. This is good news for an attorney by day and part time filmmaker by night. The documentary film activity is engaged in for profit, despite the large losses incurred in the six years it took to...
by Leif Jensen | Apr 27, 2012 | General |
The Social Security wage base for 2013 is now projected to be $113,700, an increase of $3,600 from this year’s cap, according to Social Security Admin. trustees. The current estimates for the next few years are as follows: $117,900 for 2014 $123,000 for 2015 $128,400...
by Leif Jensen | Apr 27, 2012 | General |
The only real chance to get any reward for the risk of running a small business is under attack yet again. The Democrats have proposed legislation that would start the crackdown on receiving a distribution that is not subject to a payroll tax involving S...
