by Leif Jensen | Nov 4, 2019 | General, Rant, Running a Business, Taxes |
U.S. National Debt has risen to a record high exceeding $22 Trillion. To make matter worse according to the Treasury Department data comes as tax revenue has fallen and federal spending continues to rise. The new debt level reflects a rise of more than $2 trillion...
by Leif Jensen | Oct 30, 2019 | Rant, Running a Business |
I was working with a client that came to me after a worker’s comp audit. The owner and family were the only ones listed on the policy and drawing salary. The audit determined that their independent contractors were in fact employees and not independent contractors...
by Leif Jensen | Oct 23, 2019 | Running a Business |
I did some reading and investigation on the financials of publishing; I always want to see how a business works. What I found startled me and I thought I had a good idea how the numbers played out. An author published through a small press that sells 100,000 ebooks at...
by Leif Jensen | Oct 22, 2019 | Advertising, General, Running a Business |
In 2017 a new record was set with more than 1 million books being Self-Published. Today the average U.S. nonfiction book is unfortunately now selling less than 250 copies per year and less than 3,000 copies over its lifetime. Very few titles are big sellers. Only 62...
by Leif Jensen | Oct 8, 2019 | Investing, Retail, Running a Business |
Do you know anyone that owns a Tesla or a Hybrid? They are becoming more plentiful on the road. Which is causing a problem for a sector of business. Gas stations across the country are now facing a significant long-term problem; the rise of electric vehicles and...
by Leif Jensen | Oct 7, 2019 | Running a Business, Taxes |
Banks are rushing to meet a 2020 deadline for a new bookkeeping rule. They will need to estimate possible losses on a loan when it’s originated. Under today’s accounting rules, banks don’t book loan losses until they have evidence that a loss will occur. This change...
