Business & Strategy

As I stepped into my business office this week, I was confronted with a disheartening sight – a trail of wasted potential and squandered resources. The aftermath of a rainy night and morning revealed a distressing scene: a delivery of magazines, abandoned on the steps, left to perish in the…

Charles St. George Kirkland from Paradise Valley, Arizona, recently received a nine-year prison sentence and a $1 million fine for orchestrating an elaborate eight-year tax fraud scheme. Kirkland’s scheme, which involved falsified losses in solar equipment investments, led to over $50 million in illegal tax refunds and defrauded the U.S.…

I was having lunch at one of Hartford’s oldest continuous restaurants near the Frog Hollow section when I bumped into an old friend I’d known for years. We got chatting, and I gave him my business card for my accounting and tax services. This led to a chat about financial…

The phrase “I am not filing my taxes because I owe student loans, the IRS, or the State and I don’t want them taking the refund” is a sentiment that often gives rise to concern. Many individuals choose not to file their taxes, fearing that their refund will be seized…

Once upon a time, in the ancient land of Mesopotamia, folks paid their taxes in cattle, sheep, and perhaps the occasional goat. Yes, you heard it right, livestock! Imagine trying to fit a herd of cows into an envelope addressed to the IRS. I bet that would give any mailman…

In the illuminating words of Ken McElroy, as featured in Jetset, the Affluent Lifestyle Magazine’s Issue 4, “The Reality of Student Debt Putting Homeownership Out of Reach” offers a dire warning that should reverberate through the halls of power. The dream of owning a home, once a cornerstone of the…

Are you self-employed or a partner in a business? Do you use part of your home for your trade or business? If so, you may be eligible to deduct certain expenses related to the business use of your home. This can be a significant way to reduce your tax liability,…

The term “billing” is a familiar one to many of us. We regularly receive invoices through the mail or email for services such as utilities, cell phone bills, credit card statements, and more. In the realm of accounting, billing is the process of requesting payment from clients by issuing invoices.…