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A Business Owners Guide to Inflation

Everything I need to know about inflation, I learned in grade school – Too much money chasing too few goods and services, supply and demand, etc. It does not get any more complicated than that. Just as there are certain inviolable laws of physics (try jumping off the roof of your house and not hitting the ground), there are certain laws of economics that stay true no matter the circumstances. The law of Supply and

The Way-Too-Early Look Forward to Tax Year 2022 

The Internal Revenue Service has announced annual inflation adjustments for the tax year 2022, meaning new tax-rate schedules and tax tables and cost-of-living adjustments for various tax breaks. Most numbers are up more than in recent years because of higher

Characteristics Of Too-Good-To-Be-True Tax Planning Strategies

As CPA’s, we are constantly bombarded by on-line or in-person solicitations for the next great Tax Avoidance Strategy. Just as frequently, we have clients that have pursued these strategies after attending a free-lunch seminar or heard it from a well-meaning

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