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LATEST BLOG POSTS
Miss the newest posts? Here are the last six!
Finding Balance in the FIRE Lifestyle
FIRE: Financial Independence, Retire Early There are only a few good reasons to work. They are good reasons, of course, but can quickly overrun your personal life, destroying the original goal of working in the first place. The two good reasons I can think of to works are: Saving for retirement, and Love of the…
A letter was waiting for me on the kitchen table. My daughter had a letter from school. “What’s this?” I ask. My daughter was all smiles as she says, “I made Student of the Month.” Mrs. Accountant was not as excited as she should have been and I know why. Her bullshit meter goes off as easy as mine. I read the letter and discovered there is more than one Student of the Month. In fact, there are a lot of Students of the Month. And here is the coup de grace that set off the BS meter in Mrs. Accountant: Our daughter gets a free meal at a certain restaurant with all the other “Students” of the Month. Of course, mom and dad have to fork out an armload for their meal and mom and dad are required to attend the function if our daughter is to get her meal gratis.
Free: The one word in the English language sure to get people to look. It is used by marketers and scam artists alike with great skill. It is the most dangerous
Living Without Money, the Spending Fast and Buy Nothing Day
The Western word is being destroyed by a select group of people determined to live within their means. From artist Ted Dave and his Buy Nothing Day movement to Daniel Suelo who decided to live without money to Jeff Yeager and his spending fast to Mr. Money Mustache and his grand scheme to keep spending…
Valuation: Warren Buffett Style Investing
In the course of my work I am frequently asked to place a value on a business a client wants to sell or acquire. There are several ways to determine value in such situations. Today we are going to focus on the value of listed companies (stocks). Warren Buffett has stated most people should drop…
Work is a Four-Letter Word; Fun is Much Better
Another tax season is in the books as I write this. After thirty years in the business I am always surprised by how much my business grows and the industry changes. This year I received a major push from Mr. Money Mustache. His blog introduced a larger world to the crazy and wacky accountant from…
File Your Taxes With a Missing or Incorrect W-2 or K-1
As the tax deadline approaches we will discuss two problems preventing you from filing your taxes: missing or inaccurate tax documents. Some small employers forget to send W-2s preventing you from filing your taxes; other businesses may send incorrect forms. K-1s are even worse. With a K-1 you may not even know what the numbers…