The best way to explain these concepts is by asking some of the questions my clients ask me: What do you get when you put the words “THE” and “IRS” together. THEIRS. They will get THEIRS one way or another, but you do have a say...
We have all heard the phrase on TV crime dramas: “He who represents himself in court has a fool for a client”. This concept applies equally to your taxes. Which leads me to my plumbing project. If you think there is no connection between my...
The Accountancy has been welcomed by the International Association of Independent Accounting Firms (INAA). Please view the press release here. “On behalf of the entire INAA board, as well as each INAA member, we want to welcome The Accountancy firm to the INAA family. To the INAA members...
Unless you have been on another planet or in the witness protection program, you have heard by now that there is a new tax law, effective January 1, 2018. Along with this law, there are a series of sweeping changes, too many to go into...
Your taxes will change in 2018 with the new tax law being enacted.Let’s show you how you will be impacted. Alternative Minimum Tax (AMT) did NOT go away! The starting point at which the AMT affects taxpayers has been increased slightly, so fewer will be affected...
Happy New Year Everybody! I had two choices for this article: this one, or I could have written about the new tax law. As the latter is so confusing, (and we are still studying it) I opted for the former. I did some research. What I found...
If you love good movies as I do, you want to see this one and consider your own legacy. All the Money in the World, directed by Ridley Scott (Gladiator, Alien, many others) stars Christopher Plummer, Michelle Williams, and Mark Wahlberg. It is a compelling story...
One of the most misunderstood areas of our financial planning practice is credit. We have found that people in all walks of life seem to find consternation in its complicated formulas and seemingly arbitrary methodologies. Yet, it is a critical element of sound financial planning....