In Defense of Accountants- What Financial Gravity Learned This Tax Season

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Those of you who have followed my years-long “adventure/nightmare/bad romance” with the accounting profession know that I’m not especially fond of this industry. In fact, most accountants who have encountered me would characterize my attitude as aggressively…, uhhh BAD. And really, who can blame them? I’ve built an entire business around […]

Oops, I Did It Again

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Yesterday, the Trump administration and congressional Republicans released their latest tax reform proposal, grandly titled a “Unified Framework for Fixing Our Broken Tax Code.” I’m not sure anyone doubts that the code is broken, but for various reasons I’m doubtful that this will be the solution. Still, your prospects and clients […]

Consider This for Your 2017 Resolution

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] 2017 is finally (finally!) here, and that means it’s time for self-improvement. Are you looking to lose weight? Exercise more? Quit smoking? And if so, is “right before tax season” a good time to start something like that? (As Lloyd Bridges says in the classic Airplane, “Looks like I picked the […]

What’s YOUR Plan?

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] I think most of us would agree that 2016 was a very long year. The good news is, it’s almost over, which means you should be well into planning for 2017. Here’s an email I got from a member just this morning. We’ll keep them anonymous, for obvious reasons… but I […]

Think About Your Franchise

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Saturday afternoon, my girlfriend and I spent much of the day painting my daughter Margaret’s bedroom. (Apparently the bright green she picked when she was 10 years old was a little “robust” for her 16-year-old taste.) At one point, I ran out for another set of rollers and some more painters […]

Welcome to the Clubhouse!

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] For years now, our Wednesday member call-ins and monthly TCU 999 classes have given TaxCoach members a place to pose your thorniest marketing, management, and even technical questions to a group of uniquely qualified peers across the country. Now there’s a new resource that delivers that same access, 24/7. It’s the […]

It’s April 18… Now What?

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Everyone remembers where they were when Kennedy was shot. (For most of us, I suspect, the answer is “not born.”) But do you remember where were you at 4:34 on Monday afternoon? Tony “Loopholes” Amatore was pressing “Send” on the email below, and it’s well worth examining: “Well, it’s 4:30pm eastern […]

Our Hero of the Week

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Our hero of the week for April 14 is John Drawdy, of Woodstock, GA. John joined us for yesterday’s Member Call-In, and apologized for missing the previous week because he had been taking his family on a seven-day Disney cruise. (Not one of those dinky three-day cruises to the Bahamas, but […]

What You Missed in School

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Slate is an online magazine covering current affairs, politics, and culture. This week, they published a fascinating piece that, frankly, said nothing about taxes, accounting, or financial planning. Yet it’s well worth a couple minutes of your time to think about the lessons it offers for your business. Why Are Doctors’ […]

Here’s How to “Do It”

[et_pb_section bb_built=”1″ next_background_color=”#000000″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] December 15, 2015 is a big day. Yes, at that point there are just 9 more shopping days until Christmas. And yes, more important, there are just 16 more tax-planning days until December 31. But December 15 also marks the hundredth birthday of a skinny kid from Hoboken who grew up […]