Tools
Turn off the TV and watch some moving images that will save you time and dollars
It’s not as entertaining as Hawaii Five-0, but our suggestions just might add a 0 (zero) to your cash flow or net income. (Click the slide for details.) For a bigger TV screen (click here). [SlideDeck2 id=1947]
Read MoreHow to use Facebook for Business
Most of us spend some amount of time on Facebook. Did you ever wish that you could better use your Facebook “friends” to grow your business? Wouldn’t it be great if there was a way to make someone your business friend without exposing all your personal posts? Look no further. Guest author and Excel expert…
Read MoreHow long does a business need to keep its records?
Does your office tend to look like our Fayette county landfill with tons of old paperwork? Although there is no single statute of limitations for the many categories of records a business needs to retain, we can offer some guidelines. Here’s our suggested schedule for record retention. In the case of special circumstances, legal action(s), or…
Read MoreAmerican Exceptionalism
Some politicians in Washington may say American Exceptionalism doesn’t exist, but don’t you believe it! Here’s some proof. The photo on the left is a new IBM computer (from 1954). It was considered exceptional because it could store 5 megabytes of data and had a cost (in 1954 dollars) that was beyond the reach of almost…
Read MorePayroll tax cuts – Are we really robbing the Social Security Piggy Bank?
Our left-leaning friends are often quite surprised at our position on continuing the payroll tax cuts. The reasoning goes something like this, “you call yourself a fiscal conservative yet you want to keep on raiding the social security trust fund? I just can’t believe you would do that!” What most fail to understand is…
Read MoreDon’t like the “rich” getting lower capital gain rates? Don’t worry; it’s going up 67%!
Before the anti-capitalists rejoice too much . . . Just remember that, in our capitalistic system, all economic benefits for both rich and poor are driven by the formation of capital. If it becomes harder to hang on to your capital, then there will be less fuel for the economy’s engine. That said, here’s where the highest capital gain…
Read MoreUSA Debt per Capita
You can measure a nation’s relative economic strength by a ratio of debt per capita. This is not our proudest economic moment as a country. (Source Senate Budget Committee)
Read MoreAsset Protection Advice
This initial podcast was intended for doctors but it’s applicable to others as well. Asset protection expert Martin Shenkman gives advice on how to keep your net worth secure. https://elitecpatax.com/audio/assetprotection.mp3
Read MoreChanging the Password on your SCA portal
Security professionals advise changing passwords from time to time. Here’s how you do it with the client portal that we provide. There are only two steps. Click on your name in the upper right corner. Then click Update Password. If desired, you can also change your login from the default (your email address) for even…
Read MorePeachtree users – Here’s how to add the owner’s health insurance to the W-2
Clients with S-Corps – Don’t forget that you cannot deduct your health insurance costs without loading them onto your W-2. Here’s how to do it. [gview file=”https://elitecpatax.com/images2/peacthreeW-2Health.pdf”]
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