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Technology

New proposed regulations will force small businesses to ramp up their IT spending, whether they want to or not. The biggest costs will come from necessary upgrades to their systems and their hardware in a bid to secure information and keep hackers. This has worked...

Revocation of S-Corp

At a recent seminar I was exposed to a concept that terrified me greatly.  There is a tax reform proposal that the GOP is working on for the 2017 fiscal year.  The revocation of all S-Corp elections! Never mind that the S Corps continue to be the most prevalent type...

I have been correct so far…

I speculated that there would be no Fed rate hike in September, but there will be one in December. So I am now in line with eighty-four percent of economists as surveyed by Bloomberg (woo-hoo).  They also expect an initial interest-rate increase in December, according...

Credit vs debit cards

I am not a fan of “debit cards”.  I have one, but seldom carry or use it.  First off since I seldom have it I cannot use it. But that is not the reason.  If you lose your “debit card” you can lose everything in your account up to and including your overdraft...

Middle Class Defined

We hear about the “middle class” all the time.  Most of our clients believe themselves to be the “middle class”.  Unfortunately I have to tell them that they are not the “middle class”.  According to their income they are the wealthy, that scorned group that does not...

Lowered expectations

With the stagnant wages and the difficulties of finding a starter job in your field unless you were in the top 3% of your class worldwide. Are our children looking at lowered expectations than we were as graduates? I know that starter cars less than $20,000 are rare...

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