I was at another continuing professional education seminar recently, which is very often as CPA’s are required to have 120 hours of continuing education every three years. One of the observations that I make each and every time is that I am one of the youngest CPA’s in the entire room. This is true now […]
Business
IRS and NJ Taxation Highlights
Yesterday I attended a continuing professional education seminar with speakers from both the IRS and the State of New Jersey. Here are some highlights after all of the recent Federal changes and also many New Jersey changes that most people are not aware of: Your paycheck may be under withheld: After the new Federal […]
How to Resolve Conflicts with Less Stress
Conflicts are inevitable and happen in all aspects of your life, including disputes with your customers, disputes as a customer, with family, neighbors, and in any situation. However, there are ways of minimizing conflicts and to also resolve them fairly and quickly. Here’s how: Resolve at the lowest level: A perfect example is when a […]
Does Money Really Matter? 3 Different Views
People tend to fall into 3 different categories of how they view money, which ultimately impacts how they manage it. How important should it be to you? Love of money/materialism: Thus is the most extreme view whereas you practically worship money. Earning more and obtaining more just to earn more and have more. It can […]
Why Everyone Should Start and Run a Business Even if it’s Just Part-Time and Temporary
Why should everyone start a business? Because it will completely change the way you see the world, view people, money, and everything else. Not to mention that it will humble you. Just to be clear, not everyone should be a business owner full-time or for the long-haul. However, by starting a part-time business or even […]
Don’t Use Your Employees and Employees Don’t Use Your Employers
When I was a kid, sometimes a friend would say, “Don’t be friends with so and so because they are users.” I have to admit that I really did not know what that meant back then, but since I now have the Internet nowadays, I was able to look it up. According to urbandictionary.com, a […]
Does it Matter How You Dress?
I dress up rather formally for work with a tie, dress shoes, and dress shirt, although I don’t usually wear a suit jacket. When I look around, no matter where I go, including the office, dinner, schools, or even at Church, dressing more formally seems to be the exception. But does this really matter? In […]
How and Why to Strengthen Your Personal Finances to Increase Profits
Most people view their business to be a completely separate entity from their personal finances, and rightly so. This is generally true from a legal, tax, and accounting standpoint, whereas your business operations and finances should be separated from you personally. However, most small business owners are completely dependent upon their business to support them, […]
What is the Best Type of Business to Own?
What’s the best type of business to own? One that makes money of course, but let’s dig a little deeper . . . Simple: The more complex a business is then the harder it is to operate. For example, if your business requires the talents of very technical people, then this complicates the delivery of […]
Cost of College = $1,000,000?
If it costs approximately $30,000 per year to attend college, although that figure can be much higher, then the cost of college for my children will be over $1,000,000 when the time comes, especially as rates keep on rising. In case you are wondering about the math, here it is: 7 children times $120,000 (for […]