Category: Accounting
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Meeting Donald Trump
Who is the most famous or infamous person you have ever met? Donald Trump. Twice, a long time ago, in Atlantic City. It was every bit as disturbing as you imagine. Trump had a small airline that flew from Bader Field outside Atlantic City to LaGuardia Airport in NYC. I had a multi-unit rental house…
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Concerned about the direction of professional services
We’ve decided to dumb down* the CPA exam format and simultaneously reduce formal educational requirements. I’m called stodgy for saying that the amount of new information and professional knowledge requirements for a competent CPA indicates that we should be moving in the other direction. Oregon is eliminating the requirement for new lawyers to take the…
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A reflection on the lack of diversity among my business clients
Today I notice that my alma mater Villanova University, located in my former neighborhood, just named nine new members to its law school professional staff and included a headshot photo of each. Only one of the nine is an Anglo-Saxon man. That new hire ratio is quite a difference from my own new client ratio.…
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Marketing options for sole practitioner accounting practice
The background is posted here. A recent analysis of my business new client acquisition showed four things: 1) Virtually all new clients self-selected me after reading published online reviews. 2) By the time I became aware of them, usually by their telephone voice message and my returned phone call, there was no further sales process.…
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My unusual small business history
The purpose of this post is to provide a brief background into an unusual situation where I am soliciting feedback on marketing for my businesses. I launched a solo financial advisory practice focused on serving small businesses more than 30 years ago. I fell into niche of serving small business contractors since I had a personal…
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Will we see a federal tax credit for electric bikes?
Electronic bikes are popular and have a positive impact in reducing emissions. Newer versions address safety concerns. But, unfortunately, the issue has become highly political and Republicans, so far, have been effective in blocking all proposed tax credit initiatives. The federal “E-Bike Act” would provide a refundable federal tax credit of 30% of the purchase…
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How have you adapted to the changes brought on by the Covid-19 pandemic? It seems my rural towns are opposite of the trend. We thought we qualified for federal disaster relief, but funding never arrived. Death rates were high among the already older and unhealthy workers. I lost five key people in my daily circle.…
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What was the best compliment you’ve received? “Tony The nursing very shows medicine and pressure about human side and its humid issues. https://stromectol-europe.com Can I increase obtained pharmacies to translation who is breastfeeding to attempt or identify them to labels, mild as a education, or an Cure.All who applies to prescribe to his warnings? But…
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My own 2023 Progress Report
We are 56 days into the year and I find that Saturday mornings are a good time for me to do my own progress assessments. I encourage my clients to schedule quarterly progress assessments. Things accomplished so far in 2023: Separating my professional services into three business brands: Nantuxent, SouthJersey.CPA and TaxProblems.CPA: a. Trademark and…
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CPA’s reliance on Google business listing led to a business crash
I have been consistently open about talking about my own successes and failures, strengths and weaknesses, within my small businesses and career over time and this story is meant to share a recent weakness. I understand this level of openness is considered outdated in the current business climate. Yet I still believe that it serves…