How to Thrive, Expand & Pay Taxes
As a private practice owner, I have a natural disdain for paying taxes. I see how much my partners and I, and all of our clients pay every year and I dream of all the business expansion and wealth building which could occur if 25-40% of our production was not siphoned off towards the federal […]
How to be Smarter than a Physicist
Albert Einstein is quoted as saying, “The hardest thing in the world to understand is the income tax.” And this guy is a world-renowned physicist! I am thinking he probably hired a good accountant to help him navigate through the process of preparing and filing his taxes since he was a little busy with his […]
Minimizing Taxes
Throughout history taxes have been necessary to pay for public services and needs. As the civilization grows, so does government, and this requires more revenue to pay for the expenses of the Treasury. Legislation is passed and new financial commitments are created on a continuous basis, creating a limitless demand on the resources of the […]
An IRS Agent Walks Into a Bar…
We all know jokes about the IRS and getting taxed seemingly to death. But I doubt any of us laugh when we pay those tax bills. Is writing that check painful? Did you have to go to old hiding places to get the money or were you prepared? The reality is we all have to […]
Don’t Let the Tax-Tail Wag the Dog
I have a confession. Taxes are not my favorite subject. The tax code is a complex labyrinth of opinions and verbiage which would take a lifetime of research to try and clarify. Unfortunately, in working with over 200 practice owners I can say that a vast majority of your financial complaints are due to some […]