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Charitable Giving for Businesses

Sponsorships are technically not charitable giving; they are an advertising or promotional expense to the business. It requires only a modest amount of planning to gain full deductibility of monies paid to non-profit organizations and other social groups. 

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Tony Robbins: Fraud or Hero

There is no surprise around here I am an accountant. Before the dream of accounting set in my dream was to write for a living. My first novel was finished in high school and my second shortly thereafter, neither published. Writing was in my blood. There was only one little problem; writing does not always pay the bills. The internet changed all that.

Starting in the mid 90s a new company showed up making it easier to sell books: Amazon. Behind my office building was a company called Banta, the seventh largest book packager in the country at the time. RR Donnelley bought them out years ago. It was now easy to produce and sell books on Amazon. I jumped on hundreds of radio talk shows to hawk my wares. I wrote about everything that tickled my fancy. And I got my first taste of money from my writing skills (or lack, thereof).

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Tradelines: The $1,000 an Hour Side Gig

Remember all those credit cards you acquired to earn out those bonuses and eventually canceled? You’re going to wish you hadn’t done that.

Credit cards are one of the most powerful wealthy building tools in existence today when used properly. They get a bad rap because irresponsible people rack up massive quantities of high interest debt and spend decades digging out if they ever get out. Still, credit cards can put a lot of ka-ching in your pocket if you understand the rules and never run a balance on the card.

If you are in the accumulation phase of your wealth building cycle, looking for a high income compared to the time invested or love gaming the system (your favorite accountant is guilty as charged), then you need to learn about tradelines.

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