Imagine my surprise with the phone call telling me that the IRS is suing me unless I pay past taxes immediately!! As a CPA, I could lose my license for such a violation! So what did I do instantly?


As I hope all of you know, there has been a rash of scam IRS callers all over the USA. They ... Read More

Pay Increase For 4.2 Million Salary People?

Pay Increase For 4.2 Million Salary People-Or Switch To Hourly?

The Department of Labor (DOL) has revised, under the guidance of President Obama, the regulations surrounding "Exempt" employees that will be effective December 1, 2016. It had not been looked at since 2004 and an adjustment was deemed ... Read More

Non-Filing and Non-Payment Tax Penalties

Things You Should Know about Filing Late and Paying Penalties

April 18 was this year's deadline for most people to file their federal tax return and pay any tax they owe. If you are due a refund there is no penalty if you file a late tax return. If you owe tax, and you failed to file and pay on time, ... Read More

Take the Social Security Quiz!!

If there are thousands of Social Security possibilities, how can anyone know which one(s) is the best? I guess you start with the basics...Take the quiz and see how you do!

I found this in one of my trade publications. Though I have knowledge on social Security, I am no expert on SS (Social Security). ... Read More


Frequently I am asked about what a small company really needs to do to help itself, grow, and remain compliant...but in simple to understand language!! Easier said than done! Being up for the challenge, here I go with my two cents worth...

These are oversimplified generalization that may help many ... Read More


In theory, growing too fast is a problem everyone likes. Sales are pouring in, new customers are contacting you, or a potential acquisition presents itself, etc. Business likes those situations. The real problem though is managing the growth and knowing when that point has been reached.

As you experience ... Read More

Instant Gratification or Delayed Gratification, or Both!!!

I am not a psychologist or psychiatrist, but this gratification phenomenon always interested me, especially dealing with people and money. Which is better: instant or delayed? What if you could have both? Is it possible?

It seems to me, unscientifically on my part, that both are possible.

Most of ... Read More

Getting Over The Hump!

Many people have been there: laid off from work, lost a large customer or the economy takes a downturn, you or your spouse gets sick or injured, and the money you count on is dramatically reduced. It becomes a “soul-searching” time.

Now, after the initial anger, fury, dismay, shock, annoyance, ... Read More

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