Author: Tony Novak

  • Free technology tools for nonprofit organizations

    Free technology tools for nonprofit organizations

    Both Google and Microsoft offer free services to nonprofit organizations. I often suggest that organizations that pay for these services might free up some cash to redeploy to other productive use (not surprisingly including the nonprofit advisory services that I partner with). Google explains its nonprofit services in this video. Services include: AdGrants – Drive…

  • Higher state taxes for 225,000 in our region

    Higher state taxes for 225,000 in our region

    One hundred thousand South Jersey residents working in Philadelphia and 125,000 Pennsylvania residents working in New Jersey will pay higher state wage taxes in 2017. The tax hike is a result of Governor Christie’s election to cancel the PA/NJ state tax reciprocity arrangement. The change was announced yesterday. The cost to the average South Jersey resident taxpayer…

  • An athlete’s expression of core values

    An athlete’s expression of core values

    I’m not much of a football fan but I do know something about an athlete’s expression of core values. In fact, I’ve committed a big part of my life to support the freedom of expression of others with different views than ours. It started with my own story of self-expression at sports competitions. While I…

  • How do I change the mix of my social media connections?

    How do I change the mix of my social media connections?

    This post follows one day after I’ve had the opportunity to think about the readership and popularity of the past two year’s worth of LinkedIn activity in “What do LinkedIn users like to read?“). One free and easy source of business outreach is the people who ask to become Facebook friends or LinkedIn connections. These are…

  • What do LinkedIn users like to read?

    What do LinkedIn users like to read?

    I’ve now published 147 blog posts through the “Pulse” feature of LinkedIn over the past two years (September 1, 2014 to August 31, 2016) to promote my new accounting practice. This seems like a good time to pause take a look back at reader response. Sara Rosenberg, a business adviser, suggested  a while ago that I…

  • My cyclical role as a health care adviser

    Over the past 29 years I’ve talked with thousands of small business owners and self-employed professionals about their health care plans; how to regain control, manage expenses and protect yourself. I expected that ACA might put me out of business in that adviser niche and some writers and the BBB said that area of professional…

  • Where does electricity come from?

    Where does electricity come from?

    With electricity being such an important part of our daily lives, I am surprised how many people do not know where it comes from. The #1 source of electricity in the U.S. is coal. Natural gas obtained through fracking is expected to be the #1 source within the next 25 years. Here in Pennsylvania, the largest…

  • Contemporaneous travel log required

    Accountants have generally not done a good job communicating the legal concept of “contemporaneous log”; a term legally required under tax law to take a mileage reimbursement or deduction for business travel on a personally owned automobile. Programs like MileIQ do a great job but I still think that a taxpayer needs to understand the underlying…

  • Small business equity crowdfunding video

    Small business equity crowdfunding video

    A good introductory video explaining small business equity crowdfunding by NextGen Crowdfunding. (At least, IMO, it is as good as a video that consists solely of a lawyer and a business guy in blue blazers sitting talking to each other can be). The 10 minute conversation recorded last fall covers many important points including a short…

  • North American Life View: a first glance

    North American Life View: a first glance

    I’m excited to review a revolutionary way for individuals to purchase cheap regular term life insurance that does not involve the obstacles or gimmicks that we have come to expect. It’s quite simple really, mostly just a leap forward in the insurance industry’s level of technology deployment to deliver what consumers demand. This blog post is…