Congratulations. Your future is bright. You have secured promising jobs in consulting, banking, or corporate. The signing bonuses have been deposited, and you are perhaps on that European trip that, unlike the one after college, doesn’t involve sleeping on trains. As your graduation speaker (yeah I know it’s June) I am obliged to offer you …
Dear MBA class of 2021 (from a member of the class of 1997) Read More »
Everyone realizes that the way people do business in the corporate world has changed due to the Covid virus. What remains to be seen is how many of those changes will remain once the world fully re-opens. Here’s how I see the CFO role changing. The biggest change across all functions is the realization that …
As a tax professional, sometimes you get those questions that are small enough that you don’t want to bother charging anything for the reply, but are time-consuming enough that you want a reward greater than good vibes from your client. The answer? Write a blog post and use it for marketing. Situation: Client and 4 …
How Do I Report Gambling Winnings for a Group of Individuals? Read More »
Under a certain volume of sales, it all depends on whether you have nexus in a US state. That means physical presence, which can be as minimal as having an employee or renting an office. Above a level of sales (varies by state) you would have to collect sales tax – this is the fallout …
Great Overview of Sales Tax in the US, for a Foreign Client Read More »
UPDATED – Mar 27, 2020: With everyone focused on the FEDERAL delay of filing and payment deadlines to July 15, it’s important to note that some STATES have not delayed their filing and/or payment deadlines for 2019 individual and business income taxes. The following summary is by no means comprehensive, and is focused on INCOME …
Mar 26, 2020. S.3548 – “CARES Act” Business-Related Highlights: “Forgivable” bridge loans to small business. “Small Business” is defined for this program as having fewer than 500 employees. Certain larger employers can also qualify. MAY be problematic to PE/VC-owned companies as historically SBA (who will administer program) has looked at portfolio of companies as one …
What Does the $2T Bailout Package Mean for YOU??? Read More »
UPDATED – Mar 25, 2020: With everyone focused on the FEDERAL delay of filing and payment deadlines to July 15, it’s important to note that some STATES have not delayed their filing and/or payment deadlines for 2019 individual and business income taxes. The following summary is by no means comprehensive, and is focused on INCOME …
UPDATED – Mar 25, 2020: With everyone focused on the FEDERAL delay of filing and payment deadlines to July 15, it’s important to note that some STATES have not delayed their filing and/or payment deadlines for 2019 individual and business income taxes. The following summary is by no means comprehensive, and is focused on INCOME …
UPDATE – Mar 20, 2020: Treasury Dept announces that tax filing deadline has now been pushed to July 15 (3 months) to align with payment deadline Status of Q1 2020 estimated payments not mentioned Status of high earners or large corps not mentioned (see below) No word on whether $1,200 payments will be taxable, but …
Honoured to be featured on wealth advisor Marc Bautis‘ “Agent of Wealth” podcast, discussing the virtual CFO function. See a link to the podcast HERE. Visit Marc’s company, Bautis Financial, HERE.
