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8 Questions to Ask A Professional Before Hiring Them

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Ask a professional these questions to make sure you work with the right person for you! You want to work with a professional that meshes with you and you with him/her. Ask a professional these questions so you can determine if you trust them or not. For this reason, when you first meet with them in person or over the phone, you have the opportunity...
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Hidden Fees Behind Popular Tax Chain’s “Free” Tax Prep

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This past week saw some pretty tough economic news. Retail sales numbers for 2015 were released and the results weren’t pretty. (Some commentary here: http://bloom.bg/1RwiUv5) On top of that, the stock market has been taking a dive, and Wal-Mart announced the closing of 269 stores around the world (152 in the US), and the laying off of about 10,000 US employees. (Here’s a list of…

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Teaching Your Kids About Money In 8 Effective Steps

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The big news in tax land last week was about the states that are choosing to delay their refunds because of concerns over identity theft. Right now, Illinois, Utah and Louisiana are delaying their STATE tax refunds (I repeat — these are refunds for state income taxes, not for the federal returns) for weeks or even months. Here’s the writeup: http://politi.co/1RihO61 This might be the…

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John Briggs’ 4 Tips To Start Planning For Your Financial Goals In 2016

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I woke up Monday morning, after the wonderful holiday weekend … and I had a realization: there are only THREE days left in 2015. Obvious, yes … but it carries implications for your wallet, if you are wise with these days. The VERY good news is that we’ve been able to clear out four appointment slots this week for fast-acting clients and friends who want…

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The Omnibus Spending Bill And A Prayer For The Holidays

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It’s Monday the 21st today, as I put this post together. We’re hard at work, digesting all of the tax provisions in the huge omnibus spending bill (http://onforb.es/1QFX5J5) that was passed on Friday. We’ll be taking a few days to break, and be with our families for some holiday time together, but as you may understand, these next few months will be rather “busy” for…

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Four Good Reasons To Give, No Matter The Tax Deduction

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I’ve finally discovered the real secret of these holidays. It is the one common thread through every faith this time of year, and it is one of the most unifying factors in our Western culture. Shopping. I say that with a good helping of eye-rolling. Whichever faith tradition you hold dear, it’s likely to have become extremely commoditized and “product-ized” around this time of year….

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End Of 2015 Tax Tips

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Well, communication and requests are now coming across my desk in a way that we haven’t seen for a few months, but I’ve come to expect it for this time of the year. We are in our intense “preparatory” stage for tax season AND so are our (smarter) clients. I absolutely love what I get to do … but it does add some oomph to…

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Your Guide For Setting Up A Business Before the End of the Year

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You know you need one, why should you do it right now? Here you’ll find your guide to answering all your questions. Congratulations, you have a business!  Or you are thinking about having a business, or you get a 1099 as an independent contractor and didn’t realize the IRS classifies you as a business!  Having a business is almost like winning the lottery.  All sorts…

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Are You Paying Too Much For Your Accountant?

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Are you paying too much ?? I bet you didn’t know that everyone and their dog is an “accountant.”  If you don’t believe me, then try this social experiment.  If you were to post an update on any of your Facebook, Twitter, or LinkedIn accounts asking for a trusted, fair priced accountant, you’d get a bagillion comments and referrals within minutes. Why do you think…

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3 More Estate Planning Myths That Might Surprise You

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As is my habit, this post is being composed on Monday … and today happens to be good ol’ Cyber Monday. I say “good ol” because, well, the days are long gone when the actual rationale behind it was true: remember — everyone had dial-up at home, and Monday was the first day after the holiday weekend that most people had access to broadband (which…

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Finding Blessings in Whatever Financial Situation You Are In

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You know how Thanksgiving as a federal holiday got its start, don’t you? I’m not talking pilgrims here … but more about why we all have a few days off this week. Smack in the middle of horrendous civil war, President Lincoln proclaimed the last Thursday of November as a national day of Thanksgiving which should take place every year. I believe Lincoln understood a…

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Tracking Miles Vs Paying Gas Which Method Is Better?

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Should I Be Tracking Miles or Gas for my vehicle?   You’re a business owner and you drive in your car most likely every single day. You drive to work, meetings, lunch appointments, and other related business outings. If you are anything like me, you want to be able to deduct as much as possible to lower your tax burden, and driving for business is…

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6 Ways to Climb Out of Your Credit Card Debt

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So, last week I wrote you about your holiday spending, and making sure that you don’t find yourself caught up in all the merchandising and hooha — specifically of the retail variety. (Let’s ALL get caught up in the transcendent beauty of the season, shall we?) And it made me think about some clients that I’ve walked with over the years who fought their way…

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Want To Purchase A Vehicle? How Does It Affect Your Taxes

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You Wanna Purchase a Vehicle? An affiliate owner asked these questions inquiring about wanting to purchase a vehicle. Here are their questions followed by our answers. I am considering downgrading my personal vehicle to something cheaper. Questions: Should I pay for the new car through the business? Should I pay for it in full?  Want to spend less than $20k. Should I do this before…

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How The Tax Code Makes Regular Taxpayers Angry

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Many people think that preparing taxes for a living is a somewhat easy assignment. Bless their hearts. It’s NOT just “filling in the boxes” and having the spreadsheets or the software spit out the results. I WISH it were so simple. There’s three big reasons why it’s much harder than that — even for many professionals. 1) The tax code is incredibly long. The version…

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Do I Need A Coach to Take Me to the Next Level?

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Today marks a glorious day. Not because we are in year end planning season, although I know you are as excited about that as I am.  Today, I finished the 12 class fundamental program at Crossfit GSL .  Troy has been very patient with me and Dustin during these classes.  Our final workout (Troy called it graduation which is quite a masochistic form to celebrate graduation)…

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11 Smart Ways To Reduce Your 2015 Tax Bill

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Last week, we tied a bow around all of our client tax returns for 2015, i.e. for “tax year 2014”, as the extension deadline came and went. It feels good to turn the page and move into our intensive preparation season for tax season 2016. (And now I’m searching for a third metaphor for that paragraph — which it needs like a fish needs a…

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5 Tips for Successful Business Lunches

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The other day, I saw an article that made my jaw drop — and reminded me (once again) why we do what we do. Remember the BP oil spill in the Gulf? Yes, it was a while ago … but the region is still feeling the after effects, and not just environmentally. But for BP, it sure has been nice to have smart tax people…

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3 Questions to Ask Yourself When Choosing a Gym

By Blog, CrossfitNo Comments

Choosing a Gym to work out my not so skinny body As a firm we have been providing services to people within the CrossFit community for 5 years now.  Clay Weldon, 321Go Project, and Chris Cooper have been an instrumental part of that.  We really enjoy associating with them.  Why does this matter? I recently have reached my frustration point with my own health that I…

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