Category: Accounting
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Re-examining my social media strategy
Lately it seems like a hot button topic in my social media is tax shelters for W2 earners.
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40 Years of Tax Writing
I was living in Doylestown, Pennsylvania, while working for an investment banking firm headquartered in Manhattan. For convenience, I flew out of Bader Field in Atlantic City to LaGuardia Airport from my second home in Ocean City. It might sound like a cushy gig when I write it that way, but it was not. I…
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Coping with new online banking trends and terminology
“settled” “cleared”, “cancelled”, etc. do not necessarily mean what we think they mean
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Online security review for 2025
Like all financial advisers, my online security strategy is summarized in a Written Information Security Plan (WISP) that requires periodic review. The beginning of the year is a good time for me to do that. I rely on five subscription applications for digital security for my sole practitioner office and just completed a beginning of…
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Service changes for 2025
My client engagement agreements are intended to end on December 31 unless otherwise agreed. The three significant items that changed from 2024 to 2025 are:
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Why does Apple Intelligence seem useless to me?
Why is Apple Intelligence useless to me? I watched the 4 minute and 17 second introductory video to Apple Intelligence titled “AI for the rest of us” that is part of IOS 18 published at https://www.apple.com/apple-intelligence/. I am concerned that apparently I am not part of “the rest of us”. I do not want Apple…
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Macro-environmental assumptions for 2025
I am preparing for the worst throughout all levels of society in the year ahead, and if it does not happen then I can be positively surprised. My basic assumptions:1) Crime will increase. Respect for law at all levels will suffer from a deterioration of ‘tone at the top’. Law enforcement offices will be overwhelmed…
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Unauthorized practice of law, revisited
This post discusses only New Jersey law. I notice that some non-attorneys are publishing blanket statements that preparing Business Ownership Information filings is not the unauthorized practice of law. I am not convinced. That is not an easy or clear conclusion, at least not under the laws of New Jersey. This does not mean that…
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What is the purpose of a published pricing policy?
I’ve been wrestling with this issue in my accounting practice and rural marine business and spent some time investigating to learn more. I skimmed a handful of articles from Indeed, Openstax, 4Pricing.pro and Ca.Indeed on the topic, and none addressed what I was hoping to learn. It is clear that pricing policy can serve either…
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Is automatic telephone call transcription legal?
I use an automatic telephone call transcription service. This is wonderful aid to my memory and allows me to respond to calls more effectively when I am not at my desk. (I try to spend at least several hours working or walking outdoors on most most days). Several of the major AI-assisted call services connected…