by Leif Jensen | Jul 17, 2017 | General |
Ok, I just don’t understand the logic behind this case from a tax standpoint; from a curiosity stand point yes, but not a tax standpoint, no. A son took it upon himself to start an investigation in 2003 of his father’s mysterious death in 1946. The son...
by Leif Jensen | Jul 12, 2017 | General |
It seems that people forget that when they are an independent contractor getting a paid on a 1099 can create a huge tax liability. If you have a “Schedule C” business, you recognize your 1099 income and get to deduct related business expenses. But any profit...
by Leif Jensen | Jul 11, 2017 | General |
While certain business owners can get all wrapped up in analysis paralysis, I have a client who is taking the philosophy of “Leap” for 2017. He is making decisions based upon his goals and future plans. There are financial costs to these decisions, the money...
by Leif Jensen | Jul 10, 2017 | General |
Lately I have seen signs stating that there are openings at companies, but only if the have specific experience doing exactly what they are looking for. I imagine that the companies also expect the job candidates to know their corporate culture and company polices as...
by Leif Jensen | Jul 5, 2017 | General |
Did you forget to disclose all of your Swiss Bank accounts to the IRS by Tax Day? You need not panic yet if you missed the April 18 deadline for reporting foreign accounts. The IRS has allowed for you to have an automatic six-month extension (until Oct....
by Leif Jensen | Jun 28, 2017 | General |
Profit is not a dirty word! All businesses have to make a profit to survive, even Not-for-Profits, they more than any other needs to have a profit for those inevitable lien times or for future growth. One client has been struggling to firm up their fixed and...
