Rant Archives |

Public Ransomware

States are introducing bans on ransomware payments by public agencies that get hit by this increasingly common cyberattack.  This is an attempt to remove the low hanging fruit, typically municipalities have limited and poor security, which have made them easy targets....

Girlfriend’s Rent

We picked up a new client this year that will not be returning next year, he isn’t even a real client this year.  We did not submit his tax returns. This gentleman gave us his documents and we prepared financials for him.  He did not like the results, he made money, a...

Business envy

This last tax season we picked up a new client that is running an e-commerce business similar to my own.  I have to admit that I was jealous.  They run theirs better than I do mine. As business has picked up on the CPA side a couple of my side businesses have...

Missing 1099’s

This last tax season was unusual, but I expect it to be more of the norm moving forward.  We had clients who were missing 1099-R’s. They have been coming so regularly that people didn’t know who to call about the missing one.  The prior year’s report never has a phone...

Crypto is vulnerable

Recently most cryptocurrencies have fallen to their lowest level since July 2021. The total market capitalization of cryptocurrencies has fallen by more than half since its peak in November 2021. Bitcoin the world’s largest cryptocurrency has fallen to about half of...

Fast Food

I was reading Adam Chandler and, in his book, he points out that on a monthly basis that 80 percent of Americans eat fast food at least once a month. He goes so far as to claim that fast food attracts more interest consistently than libraries, gyms or house of...

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