Holidays are drawing near, and most of us are scrambling with shopping, parties, and visions of sugar plums dancing in our heads. But have you ever realized how busy Santa must be? His last-minute gift list puts yours to shame. Fortunately, heās got an entire North Pole full of elves to help manage the work.… Read More
Most Americans donāt think much about Denmark. When we do, weāre amused that a tiny Scandinavian peninsula still owns Greenland, the worldās largest (and most dishonestly-named) island. Or maybe we think of the gorgeous capital, Copenhagen, where the Little Mermaid statue guards the Langelinie pier and promenade. But Denmark is surprisingly quite rural. Two-thirds of… Read More
Ā Economies across the board are roaring back from the pandemic. But few have roared back faster than Ireland. The Emerald Isle is projected to grow by 2.5% this year and 3% next year. TheĀ Wall Street JournalĀ reports the government is stashing cash in two sovereign wealth funds and regulators are warning theyāre spending so fast they… Read More
As President Donald Trumpās first year in office drew to a close, Washington gave us the Tax Cuts and Jobs Act of 2017. That legislation reformed the system in conventional Republican fashion by broadening the base (subjecting more income to tax) and lowering rates. On the corporate side, they did this mainly by closing avenues… Read More
Double Scary š»ā ļø Legend holds that in 1494, an Italian friar named Luca Pacioli was sitting under an olive tree when a fruit bounced off his head. In a flash of insight, the nerdy Brother invented the “double-entry bookkeeping” system where each entry has a corresponding and opposite entry to aĀ differentĀ account. Those entries, called debits…… Read More
As AI continues to advance, the tax preparation industry may be in for a wild ride. With the ability to process vast amounts of data and make calculations faster than a team of accountants, these machine-learning monsters may make tax season a breeze for some, but spell doom for others. Imagine a world where you… Read More
How much would you sacrifice to the IRS to achieve your financial goals? The ancient Greeks understood that sometimes life calls for sacrifice. In Greek mythology, King Minos of Crete forced the people of Athens to send him seven young men and seven maidens in retribution for the death of his son Androgeos. They canāt… Read More
We’ll find out shortly if the court finds Bob Brockman competent. In the meantime, it’s worth remembering that you don’t have to cheat to pay less tax, and karma plays for keeps. So call us before you start shopping for that yacht, and we’ll help you find a better way to pay for… Read More
After eighteen long and grueling weeks, the NFL is finally into the playoffs. The Cincinnati Bengals proved they could finally win a playoff game after 31 years. The Buffalo Bills proved that the Patriots without Tom Brady are just another football team. And the Tampa Bay Buccaneers proved thatĀ anyĀ team is a contender with the… Read More
You may not have as much money to give as the Sacklers as discussed below. (Boo.) But you aren’t giving to ease a guilty conscience. (Yay!) And charitable gifts are some of the most powerful tools in the tax planner’s little black bag. So call us before you give, and let us help you… Read More