Verizon Wireless cellular data throttling revisited

Posted Leave a commentPosted in Computers and Internet, Small Business, technology

Today the news coverage of ATT’s $60 million fine for deliberately throttling cellular internet data raises new questions for me. I’ve covered the same issue with Verizon Wireless in detail here on my blog for years. The most recent blog post documenting the problem is here. Verizon Wireless admits to the practice of deliberate throttling. […]

A workers’ compensation insurance primer for small businesses

Posted Leave a commentPosted in Insurance, Payroll, Small Business

In the past many small businesses avoided carrying workers’ compensation insurance. In the future, more small firms will carry this insurance. This blog post is meant for small employers who are facing this issue for the first time. This is a big risk facing the smallest unsuspecting employers. What is changing? State laws have always […]

Accounting services engagement agreement – updated 11/2019

Posted Leave a commentPosted in Accounting, bookkeeping, Small Business

From time to time I update my engagement agreement and post the generic format online. This is the latest template, posted in plain text format. The primary goal of the changes in this version of the agreement is to offer flexibility. I want to avoid the necessity to have multiple engagement agreements for multiple services […]

IRS just got serious about cryptocurrency

Posted 1 CommentPosted in Cryptocurrency, Taxes

The just-released draft copy of Form 1040 Schedule 1 starts off with the question: “At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” I’m sure much discussion will follow about the potential consequences of answering with a false negative. Responding with an affirmative, no […]

An extraordinary 30 year wrestling memory

Posted 1 CommentPosted in Leadership, Pennsylvania, Values

Thirty years ago in Doylestown Pennsylvania I was privileged to be part of the most successful team ever at Del Val University, and, I suspect, one of the most distinctive performing teams in the NCAA. We were a Division 3 team and we started the season by surprising some Division 1 teams in pre-season tournament […]

Address review – October 2019

Posted Leave a commentPosted in Legal, New Jersey, Pennsylvania, Self-employed, Tax Planning

For all of my adult life I’ve had more than one address. Occasionally government entities and agencies have launched investigations or made complaints about my address. I suspect this is politically motivated but I have no proof. Those government actions have accelerated lately and I anticipate more aggressive prosecutions in the future. The tension is […]

Lenovo Thinkpad T-580: one year review of a solid notebook computer

Posted Leave a commentPosted in Accounting, Computers and Internet, Small Business

A little more than a year ago I purchased a Lenovo Thinkpad T580 notebook computer and by now I now have at least a thousand hours of use on it. I reviewed it last October in another log post here. This is a short bullet point update of that review now, a year later. No doubt, this […]

Why hourly billing rates are a bad idea in small business accounting

Posted Leave a commentPosted in Accounting, Small Business

This excerpt comes from a 10/23/2019 article in Accounting Today by Loren Fogelman titled “Your Hourly Rate is Unfair to You and Your Clients”. It echos and reaffirms many of the concepts I’ve used to develop my Pricing Policy. An Hourly Rate Creates Tension Clients closely watch the clock when you charge for your time. […]