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What I am Reading

By Keith Taxguy / March 13, 2016 / 0 Comments

Charlie Munger, the right hand man of Warren Buffet at Berkshire Hathaway, is quoted as saying he never met any wise person who did not read a lot. Reading is how we learn about the world around us. We live better when we educate ourselves. Every year I read 20 – 30 books of substance…

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Have All the Clients You Want

By Keith Taxguy / March 10, 2016 / 5 Comments

There is an interesting stream of questions hitting my mailbox. My recent suggestion to cut back and retire early has led to one interesting question. I recommended cutting back to a part-time seasonal job and enjoying all the free time. I used tax preparation as a business idea perfect to live the relaxed lifestyle. CPA’s…

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Why I Don’t Smoke Marijuana and Don’t Care If You Do

By Keith Taxguy / March 5, 2016 / 2 Comments

Last year I attended a conference forty miles east of Seattle. The venue was nestled in a wooded area with hiking trails and mountain climbing. Meals were provided and some of the best home cooking I’ve ever eaten. I was honored with an opportunity to speak at the conference and made several new friends and…

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Sell Your Business (or Rental Property) and Get a Raise

By Keith Taxguy / March 3, 2016 / 6 Comments

The idea of starting a business or owning rental properties builds over a period of time. Slowly you convince yourself you can really pull it off. You talk with family and friends first before speaking with your accountant. Owning a business is a dream you have had from a young age. The work involved is…

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Zen Meditation: The Quiet Mind

By Keith Taxguy / February 28, 2016 / 7 Comments

Several years ago my office building was burglarized. Two young men used a tire iron to break a window and enter the building. Tax offices do not have a lot of stuff worth stealing so they settled on two monitors and an old safe with an empty coffee can in it. People pay their bill…

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Why I Work Too Hard (and So Do You)

By Keith Taxguy / February 26, 2016 / 9 Comments

Back when I was in high school I started down the road to OCD, I mean toward being a wealthy accountant, by recording everything I did. Every penny that came in and every penny that went out went into the columnar pad. Tracking my progress was so important to me I refused to go to…

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How to Retire Younger than Mr. Money Mustache

By Keith Taxguy / February 21, 2016 / 12 Comments

Several years ago while surfing the web I ran across a guy called Mr. Money Mustache, written by some crazy guy out in Colorado*. His claim to fame was that he retired at age 30, to which the Internet Retirement Police took him to task, claiming he did not ‘really’ retire at age 30. Not…

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Retire Early With Rental Properties

By Keith Taxguy / February 19, 2016 / 15 Comments

People serious about early retirement turn to rental real estate to turbo-charge the process. Saving and investing can get you to retirement fast. With real estate you can go from zero to retired in a few years. It does require careful planning to make it work. There are three steps in successful income property ownership:…

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