by Leif Jensen | Jun 10, 2014 | General |
The IRS has just released their updated statistics for 2011. Taxpayers filed almost 5 million returns with adjusted gross incomes of $200,000 or more for 2011, up over 9 percent from the prior year. These high-income returns represent about 3 percent of all returns...
by Leif Jensen | Jun 9, 2014 | General |
I was in a networking group with a franchise owner. He never referred any business to me, including his own – but at one event we were talking, and he had imbibed a bit and he started to talk. He was sorry he had bought his franchise. He had owned it for a...
by Leif Jensen | Jun 4, 2014 | General |
Last week I was in in office for only one day. But on that day we were besieged with a local telephone directory salesperson who would not take no for an answer. I have been told by professional salespeople that know me that I am no one’s target market. I am...
by Leif Jensen | Jun 3, 2014 | General |
Since we have added identifying a retiring CPA practice to purchase to our goal list for 2014; we have started looking at active CPA’s and trying t0 identify a retirement age. A recent Gallup poll has the average retirement age rising to 62. It also seems that...
by Leif Jensen | Jun 2, 2014 | General |
Typically when we are meeting with clients that are looking to start a business they are ready to start a business. When an entrepreneur meets with an attorney to investigate the prospect of starting a company, they are organized into an LLC; sometimes before they are...
by Leif Jensen | May 28, 2014 | General |
I was assisting on a presentation with a Palatine WinTrust banker as part of their community outreach. This was a SCORE Small Business presentation; the section I was assisting with was Income Taxes. During the presentation I would add real world color comments as...
