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The LLC plan

A while ago I wrote a posting discussing the potential loss of the Cook County Home Owners exemption.  If that discount does go away as is being discussed that the homes should be sold at market costs to an LLC and then rented out, most likely to the previous owners....

The Plan

A couple of weeks ago I was having lunch with a fellow CPA.  I had been meaning to stop by and see his operation for years.  I am always willing to borrow a good idea from a peer. But I also wanted to talk to him about one of my growth plans for 2014.  I have added...

The Immortals

It seems that we have immortals living among us, and apparently I met one early this week! An appointment was scheduled well in advance of the date; I thought to discuss the possibility of purchasing this CPA’s practice.  Obviously I was incorrect.  The gentleman had...

Malware Maladies

How secure is your data? Or rather, how secure is your client’s information on your systems, to be more precise? Because not only is there a secondary market for your client’s information,  there are those who are looking to find methods of laundering money, purchase...

Retirement

On ongoing discussion point with clients throughout the year is retirement planning is how much is enough.  Working with financial planner over the years I know that this is a very specialized answer for each individual or couple. But according to a recent Gallup...

The Minimum Wage

An ongoing issue for small business throughout the US is the ongoing costs of labor. The cost of labor will be on 34 state ballots this year, minimum wage increases have been proposed, and at the behest of President Obama, the federal minimum wage may be increased to...

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