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So you won the lottery what do you do now?

I have had a number of discussions with clients over the years on what to do if they were to win the lottery.  One in particular was quite insistent that I do the math and post the results here.  So here they are: I actually took this client’s file and processed it to...

Rework

By Jason Fried and David Heinemeier Hansson.  The people behind 37 Signals the software company.  The book is a light and breezy read.  Each section is typically no longer than a page and a half.  It seems more like reading blog entries, which is probably what they...

How often do you talk to your CPA?

Do you only talk to your CPA when you have a question, or worse once a year when you are sending them your information?  We try to talk to our clients as often as possible, this blog being just another method of communication. We try to touch base minimally quarterly...

Sale of home in 2013 may trigger 3.8% Medicare Surtax

I have written about the coming 3.8% surtax for Medicare coming in 2013 (on investment income of AGI over $200,000 single and $250,000 joint).  I have also written about the sale of a primary residence (Uncle is your partner on the sale, you are alone on a loss). ...

Collection Calls

A while ago a client asked if I could assist her with a problem; her receivables were growing and she did not have the staff nor the inclination to hire staff to deal with the issue.  So I now have my staff making collection calls on behalf of my client. They make...

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