by Leif Jensen | May 13, 2015 | General |
A few weeks ago a client received some bad news. Their Office Manager had tendered their notice. The employee had been with the client for over seven years. Within that time period the client had grown too dependant upon this person to handle a multitude of personal...
by Leif Jensen | May 12, 2015 | General |
I heard this phrase on “Under the Influence”, it was utilized by a municipality that was aware that they had no single brand or image and that they addressed their past marketing as “random acts of marketing”. I have to admit, I am aware of a hundreds of small and...
by Leif Jensen | May 11, 2015 | General |
This year was a prosperous one for us. We picked up a number of new tax clients. One of which stood out from the others. He was working for a company making a reasonable salary and the spouse had a small business that is winding down. But what made them stand out...
by Leif Jensen | May 6, 2015 | General |
Expenses in the start-up phase of a business are not always deductible right away. According to the Tax Court: in a recent case, an engineer who was a full-time employee and was also in the process of opening his own company. He visited construction sites after work...
by Leif Jensen | May 5, 2015 | General |
For those who live in a bubble with no contact with the outside world; the number of new banks is on the wane. From 1990 to 2008, new banks were formed at the rate of about 100 per year. Since the “Great Recession” bank formation has all but stopped, partly because of...
by Leif Jensen | May 4, 2015 | General |
With the current budget cuts in place, the IRS has curbed some of its criminal investigations. Most of the agency’s investigative priorities have been affected, including identity theft, international operations and money laundering schemes plus suspicious refunds and...
