I have been reviewing all my client’s taxes to see who will be affected by the tax reform bill that went into effect at the beginning of this year. Guess […]
Is it Harvest Time for Your Business?
It’s harvest time around our neck of the woods and that means farmers markets. It also means apples – and in my case canning apples for apple sauce and of […]
Breaking Up Is Hard to Do, Leaving your Spouse, your Accountant, your Hair Stylist
Divorce is always messy, even when all the parties agree to the breakup. But what about when you find yourself needing to change your accountant, your hair stylist or even […]
The Fascinating History of Tax Stamps and Tax Coins
A few years ago, I was going through my grandmother’s things after she had passed away. I came across these little red and green plastic “coins” that said “1 Sales […]
Disabled Kids’ Dependency
I was recently asked how much income a disabled child could earn and still be considered a dependent for taxes. First, any child under the age of 24 (whether they […]
Claiming Dependency for Kids That Don’t Live with You
What happens on your tax return when your children are living with someone else (such as your ex-spouse)? As with every tax situation the answer is, “It depends.” If your […]
New Accounting Book Coming Out in September
As some of you know, I am currently working on a new book on Accounting for Cannabis Businesses (No, I haven’t finalized the title just yet) and how it affects […]
Don’t Trust Your Bank
Recently, one of my clients came across a very disturbing trend when it comes to banks. Especially those who offer credit cards. Did you know that the convenience of online […]
We Can’t Help You if we Don’t Know.
Every year, at least one of my clients will surprise me with something they did that will drastically affect their taxes and they didn’t tell me about it. Usually they […]
Diversify Your Clients
We all know that putting all your eggs in one basket can be disastrous. I mean dropping the basket could mean you have egg on your face, or worse no […]