by Leif Jensen | Nov 5, 2014 | General |
Last week, I was at a fraud seminar presented by US Bank. The presenter was a retired FBI agent, as well as an excellent presenter. A few of the precautions that he stressed were the electronic receipt of bills from vendors, as well as the processing of payments...
by Leif Jensen | Nov 4, 2014 | General |
We continue our search for the opportunity to grow our practice through purchases. At the beginning of the year we picked up part of a small practice from an Enrolled Agent. We have also made arrangements to pick up a very small practice from one of the many 87 year...
by Leif Jensen | Nov 3, 2014 | General |
As we start the wind down of the year. Now is the time to act on tax issues and year end planning. Businesses should be making sure that they have valid up to date W-9’s for all of the Independent Contractors that are utilized. I am also talking about those whom...
by Leif Jensen | Oct 28, 2014 | General |
I have a couple of clients who have employees that either were looking to get out, or are looking to get out, but are finding that the getting out portion is not as easy as they thought it would be. There are a number of factors at work here, and they are not typical...
by Leif Jensen | Oct 27, 2014 | General |
It was my understand that as a result of the boom created by the first and second industrial revolution the opportunity to create a growing and somewhat stable middle class was born. I was also under the belief that in the 1970’s this wave started to peter out and to...
by Leif Jensen | Oct 22, 2014 | General |
In a recent case involving a long series of losses did not trigger the hobby loss disallowance rules. The case of an artist had losses in 18 out of 20 years. Although she was a full-time art professor, while she spent a lot of time on her art career, creating 2,000...
