Archive | January, 2014

IRS Notice Prevention

(Warning – this is an overview! I’m skipping some stuff to make a point. Talk to your tax pro about your specific situation. Dependency issues are very tricky.) I would like to suggest that parents do a little IRS prevention. My suggestion is that they talk to their children about their income tax. You need […]

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There are Limits to Valuations

Every now and then, some will argue that there are no limits on valuations.  This tends to happen in bull markets.  We are getting that now. This sentiment is sometimes due to ignorance, because bull markets encourage cheerleaders.  There are few who will oppose a bull market, though many who will talk about it after […]

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Kansas Taxes – Sneaky Changes

This is a big year for Kansas taxes. Most of the tax changes the legislators made in 2012 went into effect in 2013. For individuals, the major change is how Kansa will be taxing income from a business. Basically, they won’t tax it but more about that later.  There were a number of other changes […]

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Our Outlook for 2014

Happy New Year! Our Outlook for 2014 We would like to thank all our clients and friends of the firm for a terrific year. For now, the economic and political climate looks favorable. We have developed a piece detailing our 2014 Outlook, which is available on the web at ljpr.com/outlook. In it, you’ll find an […]

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Where to Find Data

Here’s another letter from a reader: Hi David, I have been a long time reader of your blog but writing for the first time. To me a key part of the investment process for a generalist investor has to be a way to efficiently screen stocks to generate  investment ideas and also measure historical returns […]

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Don’t Always Believe It

I try to provide CPAs and all the people working inside CPA firms with helpful information via my presentations, workshops, newsletter, consulting activities and this blog. Much of it comes from my many years of actual experience working inside a growing, profitable CPA firm. Some of it also comes from my extensive reading…. of books, […]

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