Of the seven Covey habits, which are your strongest and weakest?

Posted Leave a commentPosted in Leadership, Values

My strongest habit is “think win/win”. In fact, that’s the basis of my business model and every client engagement. It’s also the reason that I object so strongly to the traditional sales psychology that too often creates a winner and a loser. I’m hugely committed to earning my place by creating financial results for others. […]

A business resurrection as consumer value returns to employee benefits

Posted Leave a commentPosted in Health Insurance, Insurance, Small Business

Going back since more than 20 years ago to the late 1990s, I was licensed as an insurance producer in all 50 states and the District of Columbia. It was – and still is – tough to be called a small business compensation and benefits expert without also being an expert in insurance. I was […]

Didn’t receive an economic impact payment?

Posted Leave a commentPosted in crisis management

Some people are still waiting for their $1,200 economic impact payment from the federal government. IRS confirms that a data entry error in 2019 TurboTax may be to blame. Forbes’ Rob Berger as been following the issue in a series of posts. Intuit, the makers of the software issued a statement “We are working closely […]

IRS announced a “major milestone in tax administration”

Posted Leave a commentPosted in Accounting, IRS, Taxes

The Internal Revenue Service will now allow taxpayers to submit Form 1040-X electronically when they want to file an amended tax return through commercial software. This will significantly reduce costs and increase efficiency for taxpayers who want to amend a prior tax return to claim a credit or correct an error. The IRS calls this […]

How much does it cost to run for public office in New Jersey?

Posted Leave a commentPosted in Government

Running for public office in New Jersey can be an inexpensive project or can run into surprisingly hefty costs. I’ve been involved in successful local election campaigns run on a $500 budget and some that ran over $50,000. Regional or statewide races would likely cost more. After the first draft of this blog post was […]

What’s going on in D.C. and how does it affect your South Jersey business?

Posted Leave a commentPosted in crisis management, New Jersey, News and Politics, Small Business

Yesterday the New Jersey Chamber of Commerce sponsored a discussion program with government policy experts from the U.S. Chamber of Commerce titled “What’s going on in D.C. and how it affects your business?”. If you own a small business in New Jersey (like me) the basic question is likely ‘How bad will it be?’ This […]

Small Business Guidance on Payroll Withholding Postponement

Posted 1 CommentPosted in crisis management, Payroll, Small Business

This weekend the President issued an Executive Order to postpone employer’s payment of wage taxes. The advice that I and every other small business tax adviser, to my knowledge, immediately issued to clients was to take no action until we receive further guidance. Most tax experts believe that only Congress has the power to stop […]

Trends in tax crimes

Posted Leave a commentPosted in Cannabis, IRS, New Jersey, Taxes

I missed a continuing professional education program on IRS criminal tax procedures yesterday due to ongoing problems restoring utilities after the storm on Tuesday. But I just read the program materials and the IRS 2019 report on criminal tax investigations and one thing jumps out at me: Drug related cases far outweigh all other categories […]

How to be more charming

Posted Leave a commentPosted in Values

This post is based on a recent article by Sira M. titled “Seven Habits of Charming People” promoted by Medium and follows my updated post on the Covey “The Seven Habits of Highly Effective People” book review posted earlier this morning. I’m pretty sure that anyone would say that I’m more “effective” than “charming” and […]

A reminder of ‘The Seven Habits of Highly Effective People”

Posted 1 CommentPosted in Books, Education, Values

Sometime before 2011 I recognized Stephen Covey’s work as one of the books that most influenced my life in this earlier blog post. There are probably millions of my generation who would say the same. The book came out some years after I finished business school and right around the time when I suffered a […]