Archive | July, 2013

Two Casualties of Poor CPA Firm Communication

I’ll save you some money. Firms hire me to help identify and remedy the challenges, problems, roadblocks and plateaus they face in building a growing, profitable, high-profile firm. You can identify and remedy the problem yourself. Here’s the issue that I see in almost every CPA firm – Lack of good communication. Simple. The two […]

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Book Review: Poverty and Progress

I appreciated this book.  In my early 20s, I wanted to do development work in developing countries, but I ran into a problem.  All of the interventionist solutions didn’t work, and countries that ignored the advice of development economists tended to do better.  That has continued to be true since then.  Among academic economists, the […]

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Gambling Rumor

I’ve received a couple of calls in the last few days from clients wanting to check on a story they’ve heard about gambling losses. The story going around is that we will no longer be able to deduct gambling losses on our tax returns. This is absolute news to me and I hope if I’m […]

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Good News is Bad News and Bad News is Good News

The markets have been interesting lately, to say the least.  At the June 19 Fed meeting, Chairman Bernanke indicated that a strengthening economy would cause the Fed to ‘taper’ its bond buying activity commonly known as QE3 (Quantitative Easing 3, no one really remembers QE1 and QE2 because they really didn’t work.)  The Fed Chairman […]

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