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1099-K Update

The new forms are creating changes in all of the IRS business tax forms.  There will be separate lines added to record 1099-K’s on Schedule C, 1065, 1102 and the 1120S.  For those whom have already forgotten, the 1099-K is for reporting payments to merchants from...

The “Pole” Tax

Potentially headed to the Supreme Court is an appeal case out of Texas.  The state court upheld a tax that charges a $5-a-customer fee levied on clubs that sell alcohol on the premises where live nude entertainment is the venue. The Texas court’s view that the tax is...

The World of Tomorrow

From the WSJ: Between 2000 and 2010, minorities accounted for 98% of the population growth in large metropolitan areas. This rapid expansion has caused big shifts in racial composition: Between 1990 and 2010, the share of the white population in big metropolitan areas...

The time to move is now

As most know by this point I encourage all of my clients (and anyone else that will listen) to find their passion and start a side business.  As time goes on I feel that this is getting more important than ever. As the data increasing shows companies are becoming more...

I have never been a Baby Boomer!

As I grew up I was never included with the Baby Boomers, I was in something called the 13th Generation.  But, it started in late high school to early college, which all of a sudden I was thrown in with the Boomers and was told that Sputnik, the Beatles, the Kennedy...

Affirmative action:

Currently in the US the population is approximately split between 53% women and 47% men.  By the year 2020 it is expected that minorities will be a minimum of 40% of the total population. So when am I eligible for affirmative action?

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