35 Burst results for "CPA"

"cpa" Discussed on Dose of Leadership

Dose of Leadership

01:58 min | 7 months ago

"cpa" Discussed on Dose of Leadership

"Or come to our networks because they want to be with a different type of CPR. They want to be around other people that have this mindset that left life is possible. And it can be a lot of fun on the road, and it can be a lot of fun getting there. You know, it reminded me we had Dan buettner, who wrote the blue zones and studied longevity, right? And so I'm a big fan of his work and have been for a long time. We had him on the show. And one of the first questions I asked him, I said, if I want to because it's all about he's all about longevity and living healthy. And I said, if I wanted to live longer and healthier, what's the number one thing I could do? And he paused. It was funny, 'cause I remember him pausing, or at least it seemed like he paused. I need to go back and watch the film. But he paused like he didn't want to answer it for half a second. It was kind of like, should I say this, right? And he said, and he just looked at me and I was surprised, Dan is very straightforward and very matter of fact. And he looked at me and he said, the number one thing you can do is move. Just move. And I was like, and I think it speaks to exactly what you're talking about, which is, even if you don't physically move, because he was saying you physically move to be around people who are living longer, healthier, more active lifestyles. And that's kind of what I'm hearing. You say, even if you don't physically move the move where you spend your time mentally, your conversation. But I will tell you, I'll tell you my own story. I was living in a good little middle class neighborhood in Tempe Arizona. And what I noticed was the people I, my neighbors, they were always talking about money and they're worried about money, et cetera. And then I met, I met, I kind of drifted towards the neighborhood to the south, just a mile or two south, and I found out these were richer people and had a lot more money. They never talked about money. Money was not important to them. It was not on their radar and so I don't want to be with these people that I'm with. So I literally sold my house and moved into the other neighborhood for the exact

Dan buettner Dan Tempe Arizona
"cpa" Discussed on Dose of Leadership

Dose of Leadership

01:46 min | 7 months ago

"cpa" Discussed on Dose of Leadership

"I am. So I've spent 40 years in the CPA profession. I spent 7 years with earth sign young, three years in their national office. Four years is in-house tax adviser for fortune 1000 company. I spent 14 years as an adjunct professor in the masters of tax tax program at Arizona state university, 25 years, fine building, selling CPA firms. The last 15 years spent a lot of time traveling the world with Robert kiyosaki, rich dad poor dad fame. Of course. Speaking to millions of people around the world. And recently, about 5 years ago, we started a network of CPAs. The most common question I got when I was traveling with Robert is, how do I find somebody like you here? Right. And so what we decided is, well, since we have a completely unique view of how the taxes work and how your CPA should work, we decide we'll just build network and we'll train other CPAs. So that's what we do now is we train other CPAs how to do what we do. Very cool. And for people that are listening to the show, you've just turned it on, you're listening to the show right now. Know that this is, again, as I was teasing earlier, but this isn't going to be a dry podcast about taxation and line 41 and then this isn't what we're talking about today. This is rethinking of what we do here on the podcast is kind of rethinking and reshaping the way our mind thinks about certain things and specifically with taxation, if you don't do it right, it can cost you literally hundreds of thousands if not millions of dollars over your lifetime that you wouldn't normally am I saying that correctly that you wouldn't normally have to pay if you were more versed or more educated or work with somebody like

Robert kiyosaki Arizona state university CPA rich Robert
"cpa" Discussed on Entrepreneur on FIRE

Entrepreneur on FIRE

04:24 min | 9 months ago

"cpa" Discussed on Entrepreneur on FIRE

"Just like, again, I love that phrase. You should be co authoring. That entire journey with your tax professional because that person needs to know your business. They can help so much more when they know your business. Instead of finding the most overworked CPA, the last minute possible that's just going to look at yourself and say, hey, how can we just itemize everything and just get this out the door? I mean, they're just kind of like on turnstile. That's such great advice in such a great way to look at it. But I want to talk action. How.

CPA
"cpa" Discussed on The Paid Search Podcast

The Paid Search Podcast

05:18 min | 9 months ago

"cpa" Discussed on The Paid Search Podcast

"How do you make that decision? For me, I don't shake the tree if all of those factors are happening. If I'm hitting my goal acquisition. A profitable. Yeah, let's just say I'm hitting a profitable. Yeah, I'm hitting a profitable and you're spending all of the budget. I'm not going to shake the tree in that situation. Now, if you take away your not spending all the budget or your search impression share is really bad and you're losing due to budget. Then, okay, I might restrict it. You know, if I am way underfunded and I can't spend all my money, I'm going to restrict it with a lower number. If I'm not spending all of my budget, and I have way more budget than I'm spending. And you can live with a $125. Then I'll go up, then I'll go up on it. But typically when I'm starting a campaign, I'm going to start it with the suggested CPA goal. That's usually when I'm going to start with. I mean, it works for me. A lot of times that CPA goal, if it has a lot of signals over a long period of time, it knows pretty well what it can do and sometimes oftentimes it beats it. You know, it gives me, it might give me a $100 and then it beats it, it gets its $75, which is wonderful. So I'm not using a push it at the beginning. Interesting. Out of all the bidding strategies, target CPA, to me, is the toughest one to feel like I can master, or I ask you a hard question. You know, what would you do in these situations? My answer is, I don't really know what I would do. It would be kind of client dependent, how they're feeling about things are confidence level that this could keep going or that if we touch it, it would mess it up and the confidence level of maybe we couldn't get it back..

CPA
Biden WH, Jen Psaki Calls Rising Inflation 'The Putin Price Hike'

Mike Gallagher Podcast

01:06 min | 10 months ago

Biden WH, Jen Psaki Calls Rising Inflation 'The Putin Price Hike'

"The White House is also calling the inflation rate the Putin price hike. In fact, Jen Psaki, she's going to make a great analyst on MSNBC, isn't she? She is, she's good. She writes, she writes a recites the phrase Putin price hike, which is hysterical. That is like, that's comedy. That's right out of an episode of veep. What are we going to do? What are we going to do? Let's call it the Putin price hike. And so there's Jen Psaki dutifully reading The White House talking point that the 8.5% inflation rate highest it's been in four decades is all Vladimir Putin's fault. Because of the actions we've taken to address Putin, the Putin price hike, we are in a better place than we were last month. But we expect march CPA CPI headline inflation to be extraordinarily elevated due to elevated because of the Putin price hike, man, oh man, oh man. Now,

Jen Psaki Putin White House Msnbc Vladimir Putin
"cpa" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

04:08 min | 1 year ago

"cpa" Discussed on BiggerPockets Real Estate Podcast

"For based on your own income. You're going to need a representative to help you buy it. You're going to need someone to manage it. You're going to need a way to keep the books of the income coming in, and you're going to need a way to make sure you're getting a tax deduction there. Would you agree with both committed our life to helping people to do this? For sure. The reason we have a network called the wealth building network is actually because we had a CPA firm and we could really only handle the high end clients. And we can handle the beginners. We can have people just starting out because you can't pay somebody differently. You can't pay a tax professional differently for handling a beginner than you do on an hourly rate than you do for somebody who makes millions of dollars a year. So what we did was create a network. And now we have 60 CPA firms across the country. And now we can handle people at all stages. And that's really just like you, David, we are here to serve the entrepreneur. And we certainly include real estate investors as a key part of that entrepreneurship group. Man, it feels good to have big brother. Having your back when it comes to that. So Tom for the people that want to reach out and find out more about what you can do to help them or just follow up and do where's a good place for them to go. That's why it's just got a wealth ability dot com exactly spelled exactly how it sounds wealth ability, all one word dot com and just contact us. For example, we'll do a pre look at your tax return. We'll look at say, is there some way we can help if there isn't, we will tell you if there is, we will tell you. If you have a CPA that you go, boy, my CPA, I love my CPA they just don't understand the stuff. Have your CPA go to wealth ability dot com suggest they become a member. Almost all of our members have come from their clients. And that's because entrepreneurs here, what we have to say, entrepreneurs want to know what their choices are. And they might like their CPA, but their CPA needs to learn this. If alternatively, you go, I hate my CPA. First of all, sorry, you hear that. And second of all, just go to multiple dot com and we'll help find you a CPA. There are certain pieces of this puzzle that you rarely ever find a human being that says, I love this person in it. Property management is one of them. You just don't hear people say, I love my property manager. CPA is another one of those things. It's just because it's so hard. There's so many questions..

CPA David Tom
"cpa" Discussed on Fading Memories: Alzheimer's Caregiver Support

Fading Memories: Alzheimer's Caregiver Support

04:56 min | 1 year ago

"cpa" Discussed on Fading Memories: Alzheimer's Caregiver Support

"I had to do all the expensive stuff. And my mom had the money for that. And then when we sold the house, it sold for a ridiculous amount of money for 50 year old house, and now it's worth even more ridiculous amount of money. That's one thing a lot of people don't think about is if you're caring for a parent, don't necessarily sell the house, you know, contact a property manager, you know, like somebody like my husband who's a real estate broker and a property manager because they can speak on both sides of the fence, so to speak about renting versus selling is obviously rent a rental income, get that every month unless something bad happens. And you know, but when you sell it, you only get a finite amount of money and when it's gone, you don't have any more assets to use to take care of somebody. So you got to kind of balance that. And he hadn't thought of that. It was a CPA and a rugby club that said, you should consider renting out your mother in law's house, and my husband was like, duh, why didn't I think of that? It helps really to talk to professionals and people who are not attached to the situation because they can see things more clearly. Okay, so we're going to the financial planner like yourself. We know all my mom would really like to live in her house forever, but that is not possible without a 24 hour caregiver, which back on my dad was on hospice was over $700 a day..

CPA rugby
"cpa" Discussed on Real Estate Rookie

Real Estate Rookie

05:21 min | 1 year ago

"cpa" Discussed on Real Estate Rookie

"So unless you are a real estate CPA from the beginning and you know what you're doing, I feel like always go to a CPA. And I think we don't see it. I think it counters have made it really bad for people. They see us as an expense. And they're like, oh, I have to pay John CPA like a $1000. Like, so much money. But you have to see it as value kind of like Ashley did. She was just like, I'm done doing this. So here's my mess. I don't care how much you charge me, figure it out, but don't call me until it's done. But it makes sense, right? So I think as soon as you have one property, you should talk to you in a content about doing your taxes. Tax planning is a completely different thing that if you're not doing or you don't know what it is, you should definitely be speaking to a CPA about because that's where we play the game. And that's how we get to decrease our tax liability as much as possible. Yeah. Wonderful advice, Anna. And I'm excited this episode is airing what it is because it's coming out right before the end of the year. So let's look into the next year, right? 2022, what are some of the changes that we're going to see from a tax code perspective, that investors might want to know about as we get into the new year? Yeah, that's a great everything just happened recently. So good things only actually for real estate investors so far. The only bad thing will start with the bad thing is that they are going to raise the capital gains rate from 25 to 30 or a camera exactly. Like this is I have it all run down. But you know they were talking about getting rid of ten 31 exchanges and getting rid of the step up, the self directed IRA, everything went out the window, and we're still good to go. We can still ten 31 as much as we can. So we just never pay taxes on that. So good things for real estate investors, really nothing besides capital gains, which is can be huge though if you choose not to do a ten 31 exchange, nothing has changed there. So that's good..

John CPA Ashley Anna
"cpa" Discussed on Real Estate Rookie

Real Estate Rookie

02:20 min | 1 year ago

"cpa" Discussed on Real Estate Rookie

"So numbers, to me, I mean, I'm a CPA, so I'm nerdy about excel spreadsheets, but anyone I mean, you're going to guard your money with anything, right? So I have had people who just are like, hey, I have this house. Here's the address. Can I have a hundred K and I'm like, no. I want to know what your numbers look like because if it doesn't even make sense to go buy the property even after the ARV, all those questions you need to ask. So I would say be a professional when you ask anything, whether it's hard money, whether it's asking for advice, don't just think that people are just going to do it because you're Tony Robbins. Eventually, when you establish a relationship and Tony comes to you or Ashley and say, hey, I need a hundred K like you trust them now, but for the first time, be a professional. Your boss and say, here are my numbers. This is what I'm doing, would you be interested? I think the ethics and the courtesy of asking for people has literally gone out the window because maybe social media is so easy to sign into someone's DM and just ask for money. But that is a huge turn off. I'm sure it happens to you guys all the time. Yeah, sliding into DMs happens to Tony. Not like that. But I'm sure it does. Are they YouTube? Someone was caving on your arms on YouTube. Sarah was making fun of you..

Tony Robbins Tony Ashley YouTube Sarah
Congress Poised to Change Tax Laws

The Hugh Hewitt Show: Highly Concentrated

01:15 min | 1 year ago

Congress Poised to Change Tax Laws

"Charlie, you and I were emailing and the house and the senator about to change the tax laws of the United States. I've been telling people all week long as soon as that happens, they should take a number of years of their past returns, call you up and find out whether or not the right kind of client high income client. And that you've got to look at that. Am I right? They're about to change the tax laws. They're about to change a tax loss of the tax laws have wavered back and forth between various proposals, there was the wealth tax. There was the family plan and now there's build back in America. And we've been fortunate that we've had two reasonable democratic senators that have essentially allowed us to Dodge a major tax bill and I believe they've not been able to enact much of the legislation that would have affected many of our listeners, but nonetheless the Biden administration wants to substantially increase marginal rates to build back America plan has many changes in it and the reality is. I formed my CPA firm two decades ago to help clients recover dollars at the unnecessarily payment form of state and federal income taxes in most CPAs are simply historians and we do a very good job of helping clients mitigate that cost. And doing simply what other CPA don't.

America Charlie Biden Administration CPA
"cpa" Discussed on The Art of Manliness

The Art of Manliness

01:38 min | 1 year ago

"cpa" Discussed on The Art of Manliness

"The way school setup it's suited for girls boys some okay but then some boys don't do well at all because there's just so much there's no flexibility they like to be active and they don't get that at school. Yeah i mean you're just one hundred ways you could improve it. We'd probably go off in a complete tangent. You're right you know we. Human beings are not meant to sit motionless or not hardly moving in one seat all day long. you know. it's just. It's just what he is supposed to do and to expect people to do that is just just kind of it's kind of lunacy so you talk about this. This lousy modern world like we don't have these opportunities to show male attributes the courage the ability skilled like you have to go out and find it like what are some of the stuff that you did to go display the stuffing like were you did you. Were you trying to create a rite of passage for yourself with all these activities. You did. I think what i was trying to do was emulate people who'd come before me i wanted to eat. I need p. word for him wars. I knew that people had gone on expeditions. And i've read books about them and i thought go to live up to that. We can't just just assume that things were great in the past and we've just got you know be wimpy. Nowadays so there was the conscious trying to give to emulate people in the past and but starting on really small wakes quite a timid guy. I'm not excessive cpa man. He just jumped off south started. I mean i think the first thing is doing a long distance walking in the pair knees so walking alone..

cpa
"cpa" Discussed on Life Success

Life Success

05:08 min | 1 year ago

"cpa" Discussed on Life Success

"So go ahead was just going to say when you talk with business owners and they're starting to understand or or begin to kind of wrap their brains around the benefits of this whereas you see most of them may be struggling with the concept. Obviously there's some that. Just jump on it right away. And they're like. Oh while i would not do this. This is amazing for those who struggle or or you know. Just it doesn't click form right away. Where the places that you see them struggle well remember. We talk about the ruts in our brains You know we all have financial people that have told certain things we've all had. Cpa's a certain things and part of what we've got to do is we've gotta get past the barrier of the things that we have been taught. cpa's sometimes cloud a business owners judgment. Because he's saying well. You can lease the car you can finance and then you can. You can do all of this through your business. Well what we're trying to do is we're just trying to add another layer in there Do you have something else in mind. Were you would no no no no. I was just curious from your experience with business owners where you know if they get stuck or or it doesn't click from right away where those those blind spots for the blind spots is because of all the things that we've already previously been taught creating And and i'll and i personally don't like throw them. Cpa's under the bus right. It's yet but yet cpa's think in a twelve month window. They don't think long-term oh principle number one long-term so we've gotta get. We've got to get people to think down the road. Four six eight ten years because we haven't been taught to think like that except for when you're thinking about your 401k and your ira's in your mutual funds which are truly truly not created you there created for the people that actually hold that money right..

cpa
"cpa" Discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

05:15 min | 1 year ago

"cpa" Discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"I think what's always been our one of our strengths. And certainly what. Our cpa alliance partners appreciate us as well. Yeah that makes sense. It seems like different from many of the folks you've interviewed on this podcast series and also that we work with on a daily basis that of integrators moved to launching their own are a hybrid was more about the pull of the opportunity. It was the chance to scale the business differently. Take it national expand the cpa program. It was more about that. Rather than some of the internal frictions that some might feel with a limited products that or feeling like they couldn't serve their clients the best of their abilities. Am i reading that correctly. Yeah well said. And i think that dan sullivan has a fantastic line. He always says that is your future always has to look more or be more excited than your past and so if you look forward over industries morphing towards being more are a focused and so yeah there were no frictions are issues there. It just that we knew that gretzky line where the puck was going in. We just felt that by having control of our own destiny making our own decisions on behalf of our advisers and cpa alliance partners that that would put us certainly in the best position going forward absolutely to let's pivot to what i think is the star of the show this. Cpa referral program. Can you please explain. What makes it such a success at your firm and how you're able to do it at scale when i think a lot of advisors have attempted to cultivate even just one or two solid. Cpa relationships what's been the recipe to turn it into a hundred plus cpa firms that are actively referring business and adding to your firm's organic growth could honestly spend hours on this topic. So i think to to give your listeners. A couple of quick tidbits here for us. It was just about being patient in understanding the as environment and understand what motivated them but three words. I use all the time. Harris firm would be words vision capabilities in reach in. So if you truly want to understand why the program works for us and maybe not for others. It's inside of those three words. And so we had a very strong vision back in the mid nineties and we recognize that accountants would most likely not be in a position to offer complex fee based plans to their wealthiest clients. And so so we had that vision and it was very solid in that mike tyson line. Everyone has a plan to punched in the face. We got punched in the face of bunch of times. We learned a lot of lessons but our vision was so strong that we never deviated from it. And so that's one important component there. Where if you've got the right vision. You truly believe in it as a leader than it was my job to really drive forward and ignore all the problems and then i think it's capabilities and so once in the division capabilities in reach which i wanna give credit to came from a gentleman named dean jackson. Who's part of my study group and so in dean through those out. What the word reach means is reaches is the people we can talk to..

cpa alliance partners cpa alliance dan sullivan gretzky cpa Harris mike tyson dean jackson
"cpa" Discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

03:17 min | 1 year ago

"cpa" Discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"Would ask for you know quotes on life insurance and so i started at an interest in estate planning and in the early nineties of our good friend of mine named peter gains. Asked me if i would come over and in jointly run a firm here in boston called cigna financial advisers in what was so wonderful about cigna was the fact that signature really had a focus on doing fee based planning or wealthy families and in in successful businesses. And so the other wonderful part about that which can lead to who we are today was that signal also had a focus of offering complex financial planning solutions in the wirehouse community so we were being referred on a weekly basis to client. Stop morgan stanley. Smith barney dean witter and so looking back on it. Now that was a pivotal point in my life which was spending so much time not only learning the art of charging fees and doing fees for planning but also the chance to work with so many wealthy families and once again those business owners and in really watching the best of the best in action. And so if you jump forward louis so. The early nineties was pivotal. Because i got to learn the power of getting a strong introduction to a wealthy client. I realized that in nineteen ninety six ninety seven is when. Cpa's begin to get licenses financial planners and so the only challenge at cigna as we would go in and we would do the estate planning work but we could not manage the money. The money would go back to say morgan stanley at that point so we saw the opportunity. Where as cpa's getting licensed we recognize the fact that the typical cpa here she would not be in a position to offer a fee based financial plan to their wealthiest business owners are there wealthiest families so we originally started this whole thing out by recognizing the fact that cpa's were entering the financial planning space. We had an expertise which was working with their wealthiest clients in charging fees for the work that we do so really nineteen. Ninety-six is what sparked this whole thing. It was the experience that i had working with wealthy families in fee-based planning coupled with the fact that cpa's who at the end of the day or certainly the clients most trusted adviser in many respects. We're putting those two entities together really as what helped us build this whole thing to where we are today. Absolutely that was the spark and then let's fast forward to today just to give the listeners. Some perspective what does integrates business look like. As far as assets and her however whatever metric the most useful for describing the scale of the business and number of advisers etc. it seems like assets is certainly what everybody looks at so for us. We made the jump to independence which was two thousand sixteen. So that's what our own a together up until that point. We had about fifty sixty advisors about fifty or so accounting firms. This is once again back in two thousand sixteen. We were managing about three point. Five billion dollars of assets. And i think to probably get the listener's attention here what we've done since two thousand seventeen so what we decided to do at that point was really take control of our own destiny by having our own. Ria in adding so amazing talent to the team so in the last handful years here. We are now approaching..

cigna cpa morgan stanley dean witter Smith barney boston
eComm's False Equivalency For CCPA & GDPR With GetEmails Founder/CEO Adam Robinson

MarTech Podcast

02:40 min | 1 year ago

eComm's False Equivalency For CCPA & GDPR With GetEmails Founder/CEO Adam Robinson

"For anybody who is new to the podcast and hasn't read the hundreds to thousands of pages of regulations. Walk us through the cliff notes. Version of what. Those two pieces of regulations actually say. So they're both about disclosure to the consumer of data that's being collected about them. They're both about setting up infrastructure that allows the consumer to see that data setting up infrastructure that allows the consumer to have that data deleted. And that's kind of above all else the spirit of both of them by the way marketers. I'm sure shake their heads. The sort of ops people the way that all of that was decided by the governments that it had to be achieved. It's just huge infrastructure pains in the acids right so everybody went through that. Gdp are and a lot of the stuff that you had to go through on that side of things on the disclosure side of things was the same for ccpa where there's a big difference is gdp. Art is actually a consent for first party data collection on the internet policy. Meaning it's opt in period in order for anyone to collect data on a european citizen. You must have a first party. Opted to collect it to use it what that is simply not the case with. Ccpa in cpr in cpr is just like the second sort of evolution of cpa is not in optimum for data collection policy. It is opt out policy. The consumer has the option to opt out of you collecting their data. But it doesn't touch. This issue of optimal marketing does not touch this issue of opt in to sort of have my data shared. It doesn't touch that stuff at all so listening to what our service does which we basically pass our customers plain text emails of people that visited their website but didn't fill out a form. A very common reaction is while. How is that legal in the weeks. Explain that is legal. I can't spam sanderson people say well it's definitely not ccpa compliant well. It actually is if you make the appropriate privacy policy changes on your website for most people what they did to be compliant with gdp are suffices in by the way. I'm not a lawyer so this is not legal advice. But the biggest difference between the two and the biggest confusion. I see people making is the assumption that since gdp are is opt in in ccpa is the gdp are the us. We have to do the same things that we did for judy. Pr we may not have made the changes for for us audience. We have do the same things for our. Us partner website. It's just not true.

Ccpa CPA Sanderson Confusion Judy United States
"cpa" Discussed on Newsradio 600 KOGO

Newsradio 600 KOGO

02:44 min | 1 year ago

"cpa" Discussed on Newsradio 600 KOGO

"My part of the CPA. We have our own estate planning attorney. One of my clients actually became a She's a Medicare supplement. Plan Experts okay, everything a lot. I mean, I only have so much brain power and it's done. All right. It's it's used up on a daily basis. So I have people around me that are a lot smarter than I am in a lot of areas, but To have a real plan. You have to have an integrated plan. We have a saying as well as not not only is your planet to be implemented has to be integrated. If you look at taxes, we have to look at the state planning to look at long term care. Medicare, all those kind of things and again. It's a lot of stuff, and that's why it's so fun to do what I do because we get to help clients at a level that it's just hard to get. It's like being a general practitioner except having all the specialists at your fingertips because you need it. There's only so many things as a single advisor can do. But as a team, you know it's a lot more. It's a lot more fun because I don't have to rely on myself. You know, for all this up, I mean Medicare a long time ago. Okay? Supplement plans. I'm no, I'm not doing that. Yes. So thank God. I had a client of mine that she wanted to do that as her kind of second career. She's her seventies, but she loves it, but something for her to do and she's great, and she was brilliant at the USC. She's smart as hack and we're blessed to have her. But those are all the things that go into, you know, to doing real planning. Absolutely. It just takes a lot of effort. It takes a lot of work and somebody just the biggest advice. I give it to clients or prospective classes. Just start. Just just start looking. Just start, you know, Start with somebody, too. To look at what you have, even if you've done a great job, maybe there's things you're missing. And sometimes I'm just pointing things out to clients at a minimum, but but hoping to help people on a bigger basis, so it's it's fun. Absolutely. It seems like a lot of work, but it's just again. It's a labor of love. I call it it's something that That's that's That's something that you it's the fun part of my job is never ending story absolutely is always more to know just keeps going. Thank God for me. Absolutely. Top security. Well, David, we're about ready to open up the phone lines for the second time this week. Can you tell the viewers what they can expect to receive? I think we have five spots left. Oh, good. Good. So So what we're doing now we're doing are the top 1st 10 College of $500,000 and above We will do a commentary. Second opinion for you. We'll give you a complimentary was called Retirement Blueprint will review your what you get for that as well Give you report on the risk in your portfolio. The fees that you're paying most of your over paying in fees will do a full tax projection and tax analysis on your tax return. We have our own in house estate Plan. Attorney will review a trust or sit down with you if you may need to trust so again, the 1st 10 cars I want to call it 8667393775. 866 race plan. Are you going to our website as well? Which is Reyes plan dot com and again I'd love to. I'd love to talk with you. Absolutely again, It comes down to the need of having a really good written.

Britney Spears' New Lawyer Files to Remove Father's Control

AP News Radio

00:48 sec | 1 year ago

Britney Spears' New Lawyer Files to Remove Father's Control

"There's no action in the Britney spears conservatorship case Britney spears new lawyer is taking up the singer's old concern that her dad be removed from the conservatorship that is controlled her life for nearly a decade and a half the new attorney Matthew Rosen guard has filed paperwork in Los Angeles Superior Court seeking to oust Jean spears and replace him with CPA Jason Rubin the filing says the current legal arrangement is both toxic and no longer tenable it also says if spears dad genuinely loves his daughter and has our best interest at heart he would willingly step aside that move is supported by Britney's mom Lynne spears says in a declaration supporting the filing that her ex had microscopic control over her daughter's health care and business interest I'm Oscar wells Gabriel

Britney Spears Matthew Rosen Jean Spears Jason Rubin Superior Court Los Angeles Spears Lynne Spears Britney Oscar Wells Gabriel
"cpa" Discussed on The Tim Ferriss Show

The Tim Ferriss Show

01:41 min | 1 year ago

"cpa" Discussed on The Tim Ferriss Show

"Yeah that's because at work you're measured on certain things. You're trying to bring some of that into your relationship. You can still love your partner and sleep next to them but you can still have a running agenda. So that's one changing that psychology seconds using these systems. Usually when i find that people are. I'm speaking of these couples who have some type of big major money problem. They are not aligned on basic financial principles and they're not using basic systems things like they understand compounding so one of them goes well. Let's just like spend our money because we don't know how long we're going to be here for or we'll never make enough. And i point out if you guys started saving and investing properly today you'd have like six million dollars. He go. what so. That's number one to just using things like do we have a shared spreadsheet things like that. I had another couple that was extremely financially sophisticated. They were in the realm of being. Cpa's and i asked them. How much money do you think you make. What's your net worth and the answer between the two of them was off by millions of dollars. Remember these highly sophisticated people. So i said why is that. The answer is that they are so sophisticated. They had all these exceptions. Well this one is here but this is liquid and this is not. I said guys. You gotta go back to first grade. Create a one page. Doc like basically right on it with crayon. This is how much we have is how much we owe. This is how much you know. We've invested and they had to kind of accept that even though they're super advanced at work in their personal life they need to start back ground zero. Can you think of an example of a serious fight doesn't.

Cpa
"cpa" Discussed on Optimal Finance Daily

Optimal Finance Daily

01:46 min | 1 year ago

"cpa" Discussed on Optimal Finance Daily

"I don't look at renting as wasting money. You need to live somewhere. And typically your primary residence isn't a good investment anyway. Our next question comes from nikki. Who writes. I started a small side business very small but rewarding for me nonetheless but after listening to episode fifteen o nine. I do wonder if all need to make extra tax payments. What advice or resources can you share about finding a cpa to help with tax planning. I've heard about websites in previous episodes that relate to finding certified financial planners but. I'm not sure if there's something similar for cpa's hi nikki. Great question and congrats on starting your side hustle. I was in the same boat as you when i started the economy conference. I wanted to find someone that could help with the strategic planning side for taxes and not just tax preparer. The first thing. I'd recommend is start with people you know. Do you have anyone in your network who you trust who has a small business and his happy with their. Cpa the first cpa. I worked with came through a recommendation from a new acquaintance of mine. Not someone. I knew very well that ended up being a disaster and i really paid for that mistake my currency. Pa was recommended by someone. I got to know from a local choose fi group. And if you're not familiar choose. Fi is a popular podcast about financial independence. They have meet up groups and most major cities so you might wanna check facebook and see if there's a local choose fi group that can provide some specific recommendations for cpa's. I know that probably sounds like a cop out to your questions since my answer is go as someone else but every good service. I've ever used whether it be a plumber. Cpa excetera has always been recommended by someone..

nikki cpa facebook Cpa excetera
Best Value Plays for the NBA Finals

Behind the Bets

02:56 min | 1 year ago

Best Value Plays for the NBA Finals

"I want to touch on the nba no guest for the nba finals discussion. And we've done that throughout the postseason. Basically i wanna touch on a couple of things that stand out to meet the honest injury. Look we all wanna fire and make bets and hopefully win money on these big events right whether it's the super bowl the nba playoffs stanley cup. You name it but sometimes there's just not an edge and i just think it's too difficult right now to lay the series price of two dollars not knowing exactly what we're going to get with honest and when we're gonna get jaanus to return all signs point to his being out tonight for game one but willie return game two or game three. How effective willie b last round. We saw trae young return. And frankly i probably would have benched him in game six in the fourth quarter. At least he just wasn't that effective wasn't the usual stellar trae young. We were used to seeing this postseason or is it like joel embiid. After missing the second half of game four in the first round then missing game. Five sixers beat the wizards he. He came back from the injury and he was just managing pain more than anything. He was still dynamic. Not quite the same. Didn't have that dunk that. He said he could do it. One of the end of the one of the games. I believe it was game four against atlanta but nonetheless it just wasn't the same embiid but it was close to so if you can tell me exactly like how big of a percent how close to one hundred percent. We're going to be honest then. I can come up with a firm play in terms of the series price. Game one for me. No real opinion. It's already baked in the line. Honest isn't gonna play it. Let's say he's out officially might go from six to six and a half if he's miraculous you're gonna play maybe goes to three from the minus six just because it won't be one hundred percents so it's really tough game one favorites in the nba finals. The last fifteen sixteen years fifteen in one straight up fourteen to two. Ats now that's just a trend but sup denote given the sons at home court. I think they're going to win the series again. Don't wanna lay the two dollars. I think we're seeing a very loose milwaukee team that finally got over the hump reach the finals. They've been playing really tight. The last few postseasons especially this year. They were really tied against the nets but did get the w. thanks to kevin durant shoe size and game seven enabling the game to go to overtime and obviously outlasted atlanta thanks to couple injuries but both teams have benefited but nonetheless. They are here. No asterix whatsoever. At all. In my opinion. I just think if the only play i'm making a cpa three to win the mvp at plus one eighty to me. He's going to get all the difference from the voters if the sun's win at all thus booker or whoever else maybe eight and but book is really the main competitor. He has to put up astronomical numbers and for the sons doing. I just think c. P. three's going to have to have a stat line right. He's going to have to have double digit assist and a few games. Put up some points. I just don't think booker's capable of just having monster monster monster games in the four winds. So i think if it's remotely close. I think it's gonna go to chris paul because the leadership and all the other narratives so plus one eighty compared to minus. Two dollars is worth it to

NBA Willie B Trae Young Joel Embiid Sixers Willie Wizards Atlanta Kevin Durant Milwaukee Nets Booker Chris Paul
"cpa" Discussed on The Win-Win Effect

The Win-Win Effect

04:31 min | 1 year ago

"cpa" Discussed on The Win-Win Effect

"And i don't ever pay myself what i earned from all these other investments and all the other businesses. What i do is my. Cpa investment team sends me an email at nine o'clock every morning this report saying how much liquid cash you got on board to invest. And then they bring in another team sends me a couple of ideas of investments. And i get it up there so and but i've never spend my mom never spent earned income never that earned income builds businesses. That's awesome so that's a. That's a whole different way of thinking right. So it's like. I had to learn that way of thinking and be exposed to it. Who will who woke you up about the investment. Saad enough see looking because obviously you went broke. That's a pain point but it's not about just going broke survival. You got one move survival. That's only move. But who kinda like all right kinda showed you a little bit. More light a wilbur. That maybe it could have been a lot of different types of sources for. Yeah i was gonna say. I can't in particularly pinpoint one but definitely several situations in particular one that stands out the most my son being born I knew at that point. Like oh i can't just be selfish and say yellow and go out to the club and bought out of control for no reason to do too easy decision to make you know why that allows you to avoid what you need to be doing absolutely absolutely absolutely so you know i. I decided at that point like okay. I can't keep running from responsibility Because now this guy has to be here. So i gotta figure this out and You know so that was one pivoting..

Cpa Saad
How to Exit Your Small Business Rich

The Small Business Radio Show

01:45 min | 1 year ago

How to Exit Your Small Business Rich

"Do you exit your small business rich here to guide us is sharon lechter. Who's an entrepreneur. Author and chartered global management accountant with thirty five year career. Experience that a licensed. Cpa and a lifelong advocate. She's the founder and ceo of pay your family first financial education organization sharon authored the international best seller rich dad poor dad and it's released fourteen other books in the rich dad series shares. The author of a new book called exit rich. The six pm method to sell your business for huge profit sharon to the show. Thank you so much. I'm so happy to be with you today. Thank you so. I think a lot of small business owners start companies because they think they're exit rich but so many of them don't how come i think it's mainly because they don't take the time to understand how to build the foundation around the business. They they get initial success. They get all excited and they end up focusing on profit and sales without building that structure and foundation. You can't build a house without going down i to build a foundation. You have to put him electric and plumbing. Same thing in your business you hit in order to take your successful business and make it sustainable and scalable eventually salable. You have to put in those business systems after. Identify your operations. How you're doing identify your competitive advantage intellectual property and protected and so those are all the things that we've outlined in. The book is how you can identify that hidden value that you have in your company and put that structure in so that you create an asset too many business owners own a job not

Sharon Lechter CPA Sharon Rich
Solving the Pricing Problem with Stephen King

How I Built It

02:03 min | 1 year ago

Solving the Pricing Problem with Stephen King

"I want to bring in our guest today. His name is steven king. He is the president and ceo of growth force. And we're gonna be talking about solving the pricing problem today steven. How're you a great joke to be here awesome. Thanks so much for joining me. I've got to say right off the bat. I'm sure this is the first time you've ever heard this. But my wife saw stephen king on my calendar and She was like what it's like for the first time today. Definitely the first time today. Perfect awesome well. Thanks thanks so much for for joining us today. I'm really excited about this. Because i i've been Self employees that freelancing since high school and pricing has always been such a hard problem to solve. I think a lot of people kind of Under sell themselves probably. They're worried that they're gonna charge too much. And then they'll lose business and things like that but we're gonna get into all that and lots of cool stuff I have in our notes but first why don't you tell us a little bit about who you are and what you do. Short growth force where outsourced bookkeeping accounting controller service for companies that use quickbooks. That are worried about getting accurate data to make decisions. They're are frustrated because their financial statements are. They're not on time. They're not accurate not meaningful right. They're not actionable looking backwards. Not forward and and they're frustrated. They're they're upset because they work really hard. And they're not making enough profit and so growth for us donna. Cpa for thirty six years. We do all the traditional things you would expect the bulky things and accounting and a controller do that was different is we do management account. We're trying to help you make data driven decisions and be able to increase your prophets. That's why it's called growth. Force not stephen king. Cpa's we're inst- designed to be able to help you live that american

Steven King Stephen King Steven Donna CPA
Podcast Sponsorships: How Much Should You Charge?

Podcasting Q&A

01:37 min | 1 year ago

Podcast Sponsorships: How Much Should You Charge?

"In today's episode. We are going to help you determine how much you should charge for. Sponsorships welcomes podcasting. Hugh where you learned the best tips and strategies to launch grow and monetize your show. This week's question comes from meaning. Hey this is mainly the motivated. Your motivators favor motivator. Host of the guy motivation show and my question. Today is in regards to monetization. So i know we have the outlets and opportunities to get sponsorship but when we have to pitch the amount that we are charging for pre roll mid roll whatnot. How do we decide on how much that part i am completely confused about. Thank you thank you so much for your question mimi. For a lot of people podcasting is a passion project but for many others. It can be a source of income. We're talking monetization people so we are going to explore how to set your price for ads in. Today's episode phillips discuss how rates are determined. Industry standard is c. pm cost per mille and mills just a fancy latin word thousand essentially. It's how much potential sponsors are willing to pay per thousand downloads. A podcast gets this. Pricing structure works best. If you have a larger podcast that a significant number of downloads. Another great pricing structure is cpa per acquisition. And this is a good structure if you're maybe a smaller podcast but you haven't amazing engaged. Audience you in a potential sponsor negotiate on like a finders fee. You run the ad. After the ad runs they'll give you basically like a kickback. for halloween. people signed up or purchase the product if you're familiar with the world of affiliate marketing or those fun little swipe up ads on instagram. This is that

Hugh Mimi Mille Phillips Mills Instagram
How Canishiea J. Sams Is Changing the Nail Art Scene

Side Hustle Pro

05:41 min | 2 years ago

How Canishiea J. Sams Is Changing the Nail Art Scene

"How long were you booth renting before you decided to create your own spot. So it's crazy. I was booth renting at two different salons before i got my nail studio which is like basically a room that i pay monthly on but it was like my room so before that i literally was like in open space like basically what she would call like the like when you come into a salon a greet you forgot what that spot is caught. But i was working in like open spaces like around everyone and that's not ideally. Want it but i knew like i'm going to have to start somewhere. It can't just be like what i want. And i taught me like a lot of like what i do like. And what kind of vibe and energy. I want for my space. So i think i worked boof raining for about two years before i got a nail studio and that was amazing. It was like my other studios have walls. I finally had a walls in door and it was amazing and i created the ambiance. I wanted and it really like my clients come in. They're like smell the central oils. She got the erica about do plan like just like i wouldn't switch that up on just like this is my vibe and i hope that attracts people that wanna see me. What other steps did you take. You know now that you have your own studio at this point did you formalize your business by incorporating or just officially make yourself a business so you go through a process of like state board you get establishment license. You get a tax business tax license. You pay your yearly fees has a manicure is and you know you. Get your your. Cpa like tax person. So you go through those little steps you get your insurance for your room. But at the same time. I was in a studio building with other people who are running their businesses. So next to me. I had exhibitions that working in their studios also so it was like a shared space but everyone had their own room. I've been to a space like that before. And by the way. I think that business model is so smart sleeper smaller super smart rather way everyone licensed. And that's what when you're going to these new very important. What was that investment. Like as you know a young mom going into this point. Was this something where it was. Easy peasy to pay for or did it require serious serious saving like. Can you tell us ballpark. What was that investment like. How did you prepare for it. The investment was steeped in a sense of like like me and my husband were in college or broke college when we decided like okay go to nail school can she so. My husband actually like i don't stay. I don't sell everyone to do this. Because i'm not a person about getting into debt for your passion but my husband put my nail school like half of the on his credit card and i was like. Oh man like it's official so we gotta do this and that's real that israel. Thank you for sharing that. We're not giving financial advice on this. Podcast everyone just disclaimer here. Okay exact all we're doing is sharing what people do all right exactly so we. It was expensive because of the type of nail art in the supplies. Like you have to make a major investment in yourself to kind of start out like nail school. They don't give you any of these things. It's basically like their sanitation in like step by step like how to keep your clients safe basically. But they're not teaching. You now are any of that stuff. I picked up that along the way so a lot of it was like investing in the best materials and stuff. So i'm pretty sure like it was in the thousands like lease up to seven thousand of just like you get one thing and you get the lap and then you get the product line and then you gotta start getting buffers and files like things that you constantly have to do. Maybe taking classes But a lot of things. I learnt on my own just through like practicing but a lot of it was like i did not know previously to going into like nails that it could be so expensive. I people think it's just polish in the site. Oh my god it's five million items so let's look at those early days of being a business owner. How did you balance the juggle of personal life. With being in business for yourself and the ebbs and flows of business. It was hard. I'm not gonna lie like it was really hard trying to figure out like my space my like my place in this industry at first you know Because it was like. I just moved to a new city and now those work like in our new cd. We didn't have much family. It was just like my uncle here so it was just like a lot of just like growing pains really beyond his and like the first two years of me like blueprinting. I wasn't necessarily super taking care of myself like when you're in the salon space you like gogo going. You're lying you like starting out so you take whatever incense your schedule's like hectic so i will work like evenings. My husband would get off work because we didn't have childcare so it was just like whenever like he worked during day and i will work in the evenings at night so i missed a lot of like saturday like sunday. Type situations a lot of dinners because we have opposite schedules so it was like really hard. And then it got to a point where i have to establish a set schedule my boundaries just for mental health purposes. And just like sanity like it's hard to separate your business in your personal life when they're very intertwined like that but it was so necessary in once i did that begin to like really enjoy it a lot more.

Erica Israel
The EU doesn't trust its citizens data in the hands of the U.S.

Marketplace Tech with Molly Wood

05:04 min | 2 years ago

The EU doesn't trust its citizens data in the hands of the U.S.

"With all the big crises facing america. It's surprising to privacy. So high on president biden's agenda but in his first week in office he already appointed someone to negotiate with the european union on how personal information is moved between europe and the us last summer that you said the way data was being sent to. The us was insecure. In august ireland's data regulators told facebook. Stop transferring its citizens data out of europe. The issue is with the irish high court now. In december facebook argued that court that to stop data transfers would have quote devastating and irreversible consequences for its business and this rule would obviously impact all kinds of commercial data and companies. It's also obviously a big deal for the new administration. Jessica a partner with the law firm loeb and loeb prior to twenty twenty. Let's say we had something called the privacy shield in effect and that helped us transfer data from the eu to the us and then over the summer. July twenty twenty. That was struck down. It was found that because of some of the surveillance operations of the us certain executive orders and laws we have in place that the data of eu individuals when it comes here essentially is it held to the same privacy standards as they are in the eu and the privacy. Shield wasn't adequate enough to protect it so that left a lot of us in the privacy community scrambling toward the second half of the year trying to figure out. How do we keep data flowing across the border right and that was a big deal to american tech companies right. I mean they were saying okay. Well look if we can't share data back and forth. We're not going to be able to operate in some of these countries right right. Exactly and so yeah. We've been looking for two things. So one is standard contractual clauses of companies have kind of defaulted to that but even those shaky ground and are being revised so. I think everyone was hoping that we'd find some solution. Some post privacy shield path forward with the eu. But that was difficult. I think what the previous administration will and so now we actually have someone in this role early. What does that signal to the rest of the world about the position. The us might take on privacy. I mean i think it signals a couple of things. I on privacy. I think it it signals that the biden administration understands the importance and the significance of the issue. And the need to kind of have these kind of crossborder cooperation In place and so. I think having someone christopher hoffa was appointed to this position really signals at. They're going to take the seriously and then take the steps that might be needed on the side of the us to make the comfortable with these data transfers. More broadly what sort of issues around. Privacy and surveillance do we expect. The biden administration tackle. Is there a chance for federal privacy legislation at long last. I've said that. I have moved from just mostly pessimistic to now moderately optimistic and that was really push forward by what happened in georgia so now with one party control all houses i think the path forward seems a little bit more clear and you know to keep in mind that biden and then we also have comma harris. Who formerly was attorney. General in california where she pushed forward a lot of significant privacy legislation. That's still impacts a lot of us today. So you know between the two of them i think this is an administration that has a background and understanding of the importance of privacy. And you know we have to deal with the pandemic. I but i anticipate privacy being a priority for them. Yeah i mean as a you mentioned by president. Kamala harris as a presidential candidate. She said that her first priority with tech companies is to ensure that consumer privacy remains uncompromised. Like is it. Is this an administration. You think that will try to find a better line between a business friendly approach and a consumer friendly approach whereas now it seems to be all business i do i do. I think i think that'd be really sensitive to the consumer issues. And if we think about it. When i look at what's going on in terms of trying to regulate privacy and then more broadly the tech companies it it feels like regulators are trying to chase a ball down a hill. You know it's just like oh. Do we do antitrust. Do we do section to thirty. Can we get some kind of federal privacy. And i think they'll try to take a pragmatic approach that will bridge the gap between the business and the consumer advocates. And from where. I said i think they're really sticking issues with federal privacy. That are left. It's will there be a private right of action meaning well individual consumers be able to sue companies directly. And then we'll they'll be preemption. Meaning that will this federal bill preempt any state laws which is really what business wants because business doesn't want to have to comply with fifty different state privacy laws on top federal privacy. So i think if we can get a path forward on those to all the other points of privacy laws are consumers get writes a lot of companies are already complying with that because of gdp pr see cpa. So we're down to the we're down to the final issues. Hopefully

EU United States Biden Administration President Biden Loeb Irish High Court Europe Facebook Christopher Hoffa Comma Harris Jessica Ireland Kamala Harris Biden Georgia California
Managing Your Money In Marriage During Uncertain Times

Focus On the Family Daily Broadcast

03:10 min | 2 years ago

Managing Your Money In Marriage During Uncertain Times

"Me ask you. You're wonderful husband darnell so often. Money affects marriage. More than almost anything How can we be mindful of how are mismanagement of money is affecting our relationship with our spouse and how do we get in sync with our spouse. Well we're going to have to set some common goals. And that's the fastest way to stop. Because finance is really are the source of contention and most marriages and so we'll say what is our long-term goal. Let me give an example. Let's say one of our goals is just to make sure that we have accumulated at least two to three months of living expenses. Someone whatever we're doing should be driving stories that goal so if somebody's going to run out by some luxury upper end fishing poles. My husband is currently at the fishing example. Here where he is this moment. But you know you have to say now. Is that going to get us towards our goal. Let's let's agree that this is where we're going because how can to walk together unless they agree and so you gotta sit down. Write down and say what's our goal and make every decision. Make sure it's not taking away from your goal. It can be hard but if you really talk about. What's driving yours expenditures. You're gotta find you're going to get on a path to agreement deborah's sometimes that communication can be really difficult in a marriage. I mean you're saying that you're a trained. Cpa and i can imagine it's put a little stretch in your marriage when darnall saying had like this you know this luxury item and you're going honey seriously really and you're giving them that look like you're looking at me right now and i mean so that can either start some friction between you or it's achieving the right goal which is accountability. So how do we make that communication a little easier in our marriage. So it's not abrasive. Well we do it by reminding ourselves. What the goal has been so darn out at me. We know that we're gonna pay ten percent of our income to the church sell. That goal has been met. We know that we're gonna need. We would like six months living expenses in the bank in that sounds excessive in this environment especially with everything being cancelled but we also have a formula. We saw we spend some we save some. Those are three s. When i say we so some we give to others. We make that a priority give to the church and then we know that we save some and darnall reminds me all the time. We can't save it all say all of it and i'm thinking yes but you know i know. They have six months in the bag. But i want to years suppose. We can't work with two years with that doesn't make sense. I know it doesn't win. In my head i have to peel. The onion was causing you to think that you can't trust god that there's going to be such a shortfall that you're going to have to hoard money and so you know you have to be truthful about that and i know them. I was driven by the fact that i had a mother that was not empowered at bothered. That was abusive. And so i saw her not ever have enough money. And i kinda about inwardly that. I'd never been in a position where never had enough money that i couldn't put my hands on money and runaway. If there was abuse so you you have to understand what's driving those financial mindset that i mean that's powerful that statement. The things you learn is a child those Pains end up being your passions. Like so many say. And that's what you're describing.

Darnall Darnell Deborah
"cpa" Discussed on Bellwether Hub Podcast

Bellwether Hub Podcast

05:47 min | 2 years ago

"cpa" Discussed on Bellwether Hub Podcast

"I can introduce you to ship ton of authors. I can introduce you to a ton of publishers. I can introduce you to all these different types of people but now i know a specific area of graphic design. The might be able to help you so we need to think about specifically. Do people understand like if you're an accountant. There's a lot of different types of corporate accounts. Cpa's there's all. how do i help you. How do i you know. I know a lot of accountants. Do i introduce you to just other accountants or can i introduce you to know a person who'd be able to use your services so help me standing the specifics of what it is that you're looking to do or that. You are able to do. Because i may know someone who can help you and it may be from completely left field but maybe something interesting. And so when we think about networking and creating a job hunt we generally automatically go to who can get me a job. okay. And that's how i think about recruiters we think about all these people and that's fine right. You can spend an afternoon doing resume you can have discussions with recruiters and you could do all the stuff but you may know someone who's like your kids teacher who may know someone who's looking for the services that you have right who may be looking to hire something that you do and it may come from anywhere and so we have to learn to communicate and articulate. Our skill set what we do. We're looking to do so that people know specifically how to help you and when they make that introduction for you you have just you've jumped the algorithm you've beaten the algorithm and now you're at the top of the list and you're talking to someone who may be able to actually put you in a.

Cpa
Are You Ready to Make Financial Progress in 2021?

Chris Hogan's Retire Inspired

04:44 min | 2 years ago

Are You Ready to Make Financial Progress in 2021?

"This article runs through the twelve steps to get you financially. Ready for twenty twenty one. Obviously i can't go through twelve but you. Vip's are studious. You guys are on the ball and we'll make sure we have the lincoln. There's you can go read the rest of them. But i'm gonna pick out five. Let's take a look at number. One is review your goals the of years a great time to pause and look over your current financial goals just to see where you are with your progress I know this year was tough. But we're not gonna let it stand in the way of us moving forward with our money. So let's look at this get intentional. I've got the network calculator that you're gonna get over to my website And really figure out kind of where you are. How did this year in and again. I know this year was a challenge And this year has continued to be a challenge for a lot of people. But we still need to know where we stand The next one is update your budget. Obviously you know if you don't have one this is a good time to make one Do an audit of your budget kind of take a look. Are there some things that you could cut or scale back memberships. You don't use Do you have leftover money at the end of the month where you're redirecting that So there's a lotta things we can do and again as we start off the year on the good foot We wanna make sure we're being more intentional than ever Another thing end of year. Max out your 401k. If you haven't hit your full fifteen percent yet or you've got extra to invest you can make sure you get that done before december thirty first And remember you have until april to make contributions towards your ira a roth ira as well jay as hsa. We've got some time. So what does that mean for. A lotta people reach out to a smartvestor pro Make sure you're talking to your tax professional and he lp You've got people you want to get in your corner just to start reaching out. Especially for you self-employed. vip's For you you know. Tax time is a is a lot more paperwork in a lot of details grab up. Let's start getting that stuff. Gathered up right. Now you can get that in the hands of your cpa and the your make him or her's life a lot smoother as well as your own Speaking of find your tax return And again this sound can be can sound crazy. But it's just good to make a list of the things you're going to need get that prior year's return began to just details And talk about you know for some of you does a roth. Conversion makes sense. And what i mean by that real quick to not get into the weeds if you had an old 401k That's out there. You could convert that by paying the taxes on it to a roth Again it's a process of understanding the tax consequences having the cash first and foremost and being able to take care of that. So your smartvestor pro as well as your taxi. Lp can guide you in that Will entrust review your I know those things. Don't sound like fine. But i'm gonna tell you something after twenty twenty it's imperative that we have those things in place Really really important And also let me let me tell you this real quick It's important to make sure that you have beneficiaries updated. And i mean that in your life insurance i mean that in your 401k Because hear me the beneficiary designation 401k or on a life insurance policy will supersede meaning it outweighs anything in a will so the beneficiaries that you've established on a 401k. Four five ten years ago. You need to make sure you've got that updated especially if you've had a change of life if you were married If you got divorced if you adopted a cat or had another baby you just wanna make sure. Those are updated So beneficiaries on life insurance on ira's on 401k's these things are imperative. And do me a favor reach out to your parents To make sure that they've got there's updated as well a lot of times people. Sit and forget it with these things and it can just create some headache and heartache. Later a your estate plan needs to reflect those changes And if you don't have a will do get that thing in place It's imperative Some staggering statistic out there. That almost seventy seventy five percent of people don't have a will which means we leave the government in charge of your stuff Did you hear me say that. Yeah you leave the government in charge of your stuff I the government. Can't take the government's i know they will take care of my stuff So anyway let's get a will place But anyway you know we're twenty twenty one. Start off with the right checklist. Make sure we got things in place so we're able to grow forward interesting article again. They're twelve things. We covered five. You can go over to forbes dot com as always. We'll put a link to

Lincoln JAY IRA Headache Government
Can you deduct charitable donations?

Entrepreneur on FIRE

05:55 min | 2 years ago

Can you deduct charitable donations?

"Are i fire nation. We're back in as promise you're going to bring on josh of cpa on fire dot com talk about can you deduct charitable donations very relevant. This time of year fire nation. So josh take it away. The most common questions get this. Time of year is how much will charitable donations. Save me on taxes right. We're getting to the end of the year. People start to look at their money. You starting get those forms in the mail to donate to charities and it's natural to wonder how much less safe will this help on my taxes and for many people especially after the tax law changes in two thousand eighteen. The unfortunately answer is those damn nations will actually save you nothing on your taxes in the past in order to deduct those donations on your tax return. You'd have to do what they call itemize. And this is just a fancy tax term but basically the irs gets you two options on that return eve. You take their standard deduction or you add up. All of their items which include things like mortgage interest state property taxes insurable donations and if that number's higher than the standard deduction. You take the itemized deduction right. There's a deep into the woods air. But that's the key to remembered itemize for standard in two thousand eighteen. They double the standard deduction which means the majority of people. I think the last. I saw something like eighty percent of the people. The standard deduction is better than the itemized deductions which means they don't do anything for charitable donations. But as part of the cares act that they pass during the coronavirus earlier this year congress changed the wall to allow bit more freedom and deducting those donations. So as many of you look at who what and how much to contribute those donation dollars. Here's a summary of how the deduction works. What donations qualify and who can take. The first thing to keep in mind is that terrible. Nations are a tax deduction credit. This means it lowers your taxable income. It is not a dollar for dollar tax savings right so just look at an example if you had one hundred thousand dollars in taxable income. Let's say you have a job where you make one hundred thousand dollars. You donated ten thousand dollars to qualify charity. And let's assume in this case that you itemize deductions you. Don't take the standard deduction those donations will reduce your tax income down to ninety thousand or it's you're paying taxes on ninety thousand instead of one hundred thousand because if you're ten thousand dollars nation they will not reduce your taxes owned by ten thousand dollars right. That's where a lot of people get mixed up. They think all right. I donated ten thousand dollars a charity. I'm paying ten thousand dollars less taxes. Not the way it works. This is very important distinction as you're going to save roughly in this case. Let's say twenty five hundred dollars in taxes. Not ten thousand okay. So always remember. It's deduction not a credit. The next important thing to look at is exactly what qualifies as a deductible donation. Just i gave money to somebody. That's a donation. There requires a donation to go to an actual five. Oh one c. Three right and that's just the term for the irs approved not not for profit organization. This means money donated to an individual or a company even if someone in dire need if you see you have a friend. Who's just they have no money they. They can't survive without these donations. You go give them ten thousand dollars. You're not going to get a tax deduction for that. In fact it could actually trigger tax liability for you as the donor right which we've talked about before the former gift tax so if an organization is asking you for tax deductible donation they should be able to clarify that. They are in fact five. Oh one c. Three in that it will be tax deductible. And if that's the case i should also issue a donation slip either at the time of donation or at year end showing what your total donation is so your church probably does this. They'll give donations a summary at the end of the year. Saying hey you contributed ten thousand dollars to a three year. Whatever it is so if you're donating items instead of cash so close to goodwill your donation amount will be based on fair market value of what you are donating right so if you donated sixteen bags of clothes goodwill you're going to have to do kind of a rough estimate and goodwill should be able to help you out here and say all right. Those those bags of clothes were worth a thousand dollars. And that's what you're deduction will be okay so you gotta make sure that the to a qualified. Irs approved nonprofit finally. What's what's changed with the cares. Act that we talk about well. Unfortunately it's not a huge change but they are offering a little bit of help for those who wanted donation deduction but they don't actually itemize so for twenty twenty. The irs is going to allow up to three hundred dollars right. And i know three hundred dollars woohoo but they're going to up to three hundred dollars in what they call above the line deductions for qualified donations. And this simply means that you can take both the standard deduction plus three hundred dollars donation all right so for the huge chunk of people that take the standard deduction they don't itemize. They still want to donate. They can do up to three hundred dollars in still take a deduction even with taking the standard deduction so again please remember. This is not a three hundred dollar reduction in taxes. It's a three hundred dollar reduction in taxable income which will save you whatever. Your tax rate is on that. So twenty i would estimate. Twenty-five percent of three hundred dollars is what that will save you everyone. They'll be a little bit different. But it's a deduction of credit right so not huge. Nothing that's going to drastically change your finances but at least a nice little bonus for those who want to make a donation but don't itemize so obviously there are far more important reasons to donate your hard earned money than the possible tax. Deductions that go with them. There's plenty of things that look at organic organizations need helping the greater good all that great stuff all the reasons you donate to charity or that does not mean you should not also look to maximize your good deeds and reduce your tax on the process. If you can get both you can get the best of both worlds. go for it thou- steps and you'll be able to get a nice donation to a qualified charity. Need an also take that tax deduction

IRS Josh Congress
GreatHorn CEO and Co-Founder on How Cyber Security Has Changed Through the Years

7 Layers

04:54 min | 2 years ago

GreatHorn CEO and Co-Founder on How Cyber Security Has Changed Through the Years

"How have you seen Cybersecurity change over the years cybersecurity as an industry. If you roll it back to when i was getting started was practitioner level application of theory. That is you had a group of people who are bush like the grey hats. We all had backgrounds recreationally exploring computer security and we became professionals up and started applying what we learned to help on the defensive side and our adversaries were essentially pierce. People were being very similar things but hadn't gone down the now. What we tend to see. Is that temperature is big business. Adversaries are most likely if you're talking about serious cybersecurity concerns state level actors. They're foreign governments and organizations. That are incredible funded colonel enterprises and the protection side shifted from this idea that we can block bad things from happening too much more sophisticated and nuanced approach to understanding risk in the same way that we might consider financial risk or business risk. Now security is one of those things and the last one. Didn't make on that if you look at a large publicly traded company and you pull down their public. Filing documents and ks cybersecurity is usually one of the things that's listed within them right so instead of being the purview of it. It's now an executive consideration that gets billing in a boardroom. Yeah i think that's definitely necessary to have take more of a naming a front seat but be part of a more serious conversation within an organization so as you've seen cyber security evolve in sort of become more professional in certain senses have there been a vents that more specifically influenced the way the world operates or caused the government intervening and industries to standardize themselves. There's there's three parts to that answer. The first is that we now are in an era of major data breaches being a foregone conclusion. Right everything about you. That has ever been recorded. Somewhere has probably been compromised. Whether it's your credit history moments you've you've lived in financial transactions e mail accounts you've had though if you go in pull down of weary again something like have i been postponed and put Address it's stunning. How much information about. All of us is private citizens. Corporate entities is for sale and has been taken at some point so that changes the landscape in nature of attack threat. We see when organization is now attacked. You know what we used to think was that you could create a perimeter around the company and that was a firewall or something like it and the bad guys were out. There and organizations could consider themselves from an internal perspective to be safe and they just had to keep the bad guys from getting in. But that's not how it works anymore. And so there's been a real change from not exclusively but on moss a real change from highly technical attacks that leveraged code execution is. Choose right what i was doing. Twenty years ago can hack into a piece of technology to a much more. Social engineering focused landscape. Can i get someone to just give me access. Can i compromise someone through social engineering and deception. And i think what we've done from governmental perspective is start to establish some around what gatien's organizations have to protect the personal data of the people who they both employed but also that they own and us from a consumer perspective. You're especially seeing this right now. In the united states with things like the cpa the the california consumer privacy act or of course in in europe the gdp the general data protection regulations. This idea that that that personal data is an asset that has value in if your organization handles it with negligent security standards. You are on the hook for whatever matt costs and and the teeth. These regulations carry were bare their sharp and they can bite into profits and have enormous fines. So that's a real shift right like at one point in time cybersecurity as a market was about securing machines in securing technology. Now it's much more about protecting the private data of individuals in the attacks that we see our most likely going to be social engineering if not in their entirety that at the early stages if i can set efficient algorithm to give me access as an attacker. That's what i'm gonna do. Because it's easier than hacking into their their technical stack

Pierce Bush Gatien Moss CPA United States California Europe Matt
Create A Championship Team of Advisors

Accelerate Your Business Growth

02:31 min | 2 years ago

Create A Championship Team of Advisors

"Over the years of the accelerating business growth podcast has gained recognition as a great resource for small business owners. Sales professionals business leaders of all kinds. We are in on west of the best podcast. Listen to and that is because of the guests. These are folks who have expertise in particular areas of business and they join for conversation where they share their expertise with all of you. Today is no different today. My guest is a nationally acclaimed speaker bestselling author industry-leading wealth adviser for over thirty years. Outages had lived the life you want now and in the future. I finding cashflow opportunities in every day. Decisions to build wealth and work fewer years in life form president. Ceo and founder of trouserless wealth management. The financial planning firm. He successfully sold to mercer advisors in twenty eighteen as the author of master cashflow the grow retained wealth and also master. Your business cashflow grow company. Love live the life you want now. Thanks so much for joining me today. How the diet. That's based thriller bigger. Thank you thrilled to have you here. Today we're going to be talking about A team of advisers and. I am asked so often by people about this topic that i am really excited to get your your take on all this and i'd like to start with. Who do you think should be on. Someone's on a businesses team of advisors for personal. It's one but for business you're right it's sort of like a was two teams but the there's an outside team. There's a team like you. Depend on. Like your your. Cpa a banker It could be an insurance advisor attention person for for your business. There's a lot of outside advisors now business. I think had this other team. And it's really the two or three people the top management your team to help you run your business so there's really two teams but there's an outside team and there. There's a team that you have basically working for you.

Trouserless Wealth Management Mercer Advisors CPA
The IRS is Eyeing Crypto

Squawk Pod

05:25 min | 2 years ago

The IRS is Eyeing Crypto

"You're planning in on trying to cash some of your casino. I should say some of your bitcoin and trying to pocket. The gains will be prepared for a potential tax it. If you've owned or used bitcoin you may owe taxes no matter how you acquired used it. Cbc senior personal finance correspondent. Sharon edison is here now with more on what you need to know. Sharon hi andrew. Will you know if you bought or sold. Bitcoin or any crypto currency this year. The irs wants to know about it. It now asked this white on the first page of your ten forty federal income tax. Return at any time during twenty twenty. Did you receive sell send exchange or otherwise acquire any financial interest in any virtual currency. And you have to answer yes or no now you need to check. Yes if you involved. In any transaction with the crypto currency including selling it receiving it transferring it for free exchanging it for goods or services or other property including another virtual currency and like stocks any gain or loss from the sale or exchange of crypto currency is taxed as a capital gain or loss. So it's very important to keep good records of your transactions now. You're gonna find out a lot more about bitcoin and your taxes at cbc dot com slash smart tax planning andrew. So couple of questions consequences if you don't check the right box on your taxes. Turn either you're dodging purposely. Or maybe just don't know well you need to know you mean to make sure that you understand how this works and working with tax professional is key here because if you've made a transaction and you do not check that yes box that tax experts that we've spoken to say that you could be accused of tax evasion by the irs. There could be criminal consequences so this is a very serious consideration that you have to make right there at the top of the ten forty four. You can't miss the question. But you must answer truthfully is because there could be significant consequences. If you don't sharon just real quick our places like coin base and other institutions are they reporting your gains and losses as well to match. I'm so glad you asked that because like a brokerage firm will report. You know what you've done with your stock transactions your other transactions. This does not happen. At many of the exchange this does not happen with crypto currency. Usually so it's very important for you to keep very good records on your own and to make sure that you understand how to keep those records having cpa and enrolled agent some tax professional who has worked with quipped crypto currencies. His work with tax payers. Who are dealing with. This is very important so ask that question as you pick the right professional work with his sharon. I get the idea of having report if you've bought or sold crypto currency. But the idea of if you've used it for any transaction could get really complicated especially as more and more vendors are accepting it as a as a form of payment if you let's say you rented an airbnb on something using it. Let's say you bought a cup of coffee somewhere you've got to report. Every of those transactions that can be incredibly complicated. It says it says any so i know that but of course it is difficult to keep all of those records and all of those documents the issue is that people want reporting anything and i think the irs has been really looking to crack down on this looking at the millions of people who own bitcoin right now own cryptocurrency and. How just several hundred. Some years over the past few years have been reporting every year. so they're missing a lot of people and they just wanna make sure. I think that they're getting the accurate numbers of who has who owns bitcoin. Who's using it and how reporting it sharing this just just thinking about all the ramifications because early adopters. They may be smart enough to have their own little wallet where they don't even use a coin base and that may part of the appeal of bitcoin. I think is that it's so anonymous. Some people and we've seen historically what it's been used for so it has that You know the impression that that that it gives. But i would think anybody that buys on coin base or coin. Base is not going to be able to say. Oh no we're not going to provide anything coming. Base is going to have to generate if you answered. Do they generate like something to the irs. Right now about the people that they're dealing with or will they not a standard form life at ten ninety nine form. There's not a staredown. Four for crypto currency. So you may have a some institutions may have some type of form or paperwork that they deal with the irs. But there's no standard standard ten ninety nine like you get with the brokerage firm from what's coming telling. The market cap now is for bitcoin and for other cryptos that that's going to. That's that's gotta be near term for for the exchanges. I would think if you can't you know it's like a wild. Wild west only lasted for so long right exactly and that's again that's that's evidenced by the fact that it's not on the schedule anymore. It's not tucked away somewhere in tax documents where you have to report. This is right at the top on the first page of your ten forty form. So you're absolutely right. Things are definitely changing. Okay all right. Sharon thank you. I appreciate that thanks. People say that's why it was invented. We'll see when when the when the rubber meets the road. Whether everyone you know going to be it'd be interesting to watch Better better hire more. Irs agents. I think

IRS Sharon Edison Sharon Hi Andrew Bitcoin CBC Sharon
Qualcomm's Snapdragon 888

Android Central Podcast

05:00 min | 2 years ago

Qualcomm's Snapdragon 888

"It is We're recording this a little bit before the time that you're hearing this but i'm very pleased to bring you a really cool interview with the ziada oscar. He's the vice president for product management of the snapdragon roadmap and application processor technologies according to his linked in page ziade. Thanks for being with us today. Thank you thank you for having me looking forward to the discussion. That's a very long title so just just reduce that down for us. What exactly do you do over at qualcomm. Sure so basically my team. We look at all the different technologies that make up the snapdragon products. And we're looking at you know different technology inflections on camera graphics and other areas and we basically bring it all together and to put the product together with the best in class experiences and then of course looking across all the different products that we do at qualcomm from a roadmap perspective much simpler than it sounds. Okay but you're busy every day because the snapdragon we said this. We talked to alex last year and it was a it was a great discussion about the snapdragon Sixty five and one thing that he said was you know it's no you can't say that qualcomm platform is just the cpu and gpu anymore. So we're gonna get into what exactly the the big announcement is First let's just call it out. It's the it's the snapdragon eight hundred eighty eight five. This is the latest and greatest. The chip that's gonna power. Probably most of the flagship phones throughout twenty twenty one We're announcing it in december right. You're this december second when you're hearing this and can you just give us the thirty second elevator pitch about snapdragon eight and what exactly is better indifferent. Last year's snapdragon eight sixty five absolutely so the snapdragon eight hundred years this bar in terms of premium tier smartphone performance and. What we do is every year all the new innovations on all technology. Vectors come into the snapdragon eight hundred tier embiid snapdragon. Eight eight eight. We actually pushed the bar further with much more experiences which significant enhanced camera capabilities and even better gaming in addition to the fact that we have five thirty capability integrated into this product We look at You know trying to create devices based on this that have new use cases coming up for consumers but example lost you'll be able to show machine translation as one example is happening on the device. This year will show a lot more demonstrations that that will really while the consumers. We believe all right. So let's start with the obvious stuff. People wanna know how much faster the eight is over the previous snapdragon. The it's sixty five. This is the first year that there's a cortex x one based core. This is the the announcement from from arm earlier in the year that they were moving to the sort of like really big core than big core and then than efficiency course walk us through exactly the makeup of the new crowd k-r-i-k-o-r and how this prime cpu got larger cash. It's got a higher clock speed over the performance scores. How does that factor into how people experience eight eighty eight on a daily basis. Absolutely so from a cpa perspective. What you're able to get through the much better. Cpu is far better browser experience a device. That is much more. Snappier in terms of responsiveness right. So many are launching a new application for example a new app. It's able to bring that up much faster where we're able to do in the past all the experiences get better in that sense With the new crowd that we have in the snapdragon eight this is the first cebu cluster where we actually have three distinct. Cpi cheese inder. We as you pointed out. We have the latest accord from arm. The gortex x one One of those course. And then we have three of the gortex eight seventy eights at which are the you can think of. It has performance scores the prime core which the cortex one three performance scores and four Efficiency goals which is which are the cortex a fifty five and they all come together. We basically work on wrapping around with our architecture of our power Goodness there to be able to get the best performance per unit power. The unique thing about the way. Snapdragon implements these. Cpa uses that we are able to the cpu's sixteen bidders of time And not have to throttled so we put a lot of technology in there to be able to get usable performance out of

Qualcomm Ziade Oscar
Interview with Lisa Niser on Financial Health for Employees

Organizational Success Strategies with Business Consultant and Corporate Trainer Dawn Shuler

04:44 min | 2 years ago

Interview with Lisa Niser on Financial Health for Employees

"Is don shula pie trainer and businesses often ensure grew with when people thrive companies thrive i today my very very special guest is lisa. Nicer lisa nizer. Cpa firm antiquing taxes together. And what's funny. We had our whole peace. And i finally had to say this is good stuff. We have started the interviews so lisa. I really am beyond thrilled. That you are spending this time with me. Welcome thank you so much don and excited to share how can instill taxes into how companies work and and so. Let's let's go deeper into that because you guys hit pause or go to the next episode. Say oh the of nano you really need to listen because our stressor we under because of money and lisa. I know that you can talk probably much more about that. And with data and statistic and the real stuff than. I can't so go for it you know it's interesting for another event that i did. I did some research and it said that New graduates new like four times as much about how to use social media than about finances. But here's the thing you're interacting with not only taxes money every single day of your life like this is something that's really important and so i'm trying to well i am. I got succeeding at making taxes. Fun because if you're not scared by it you have power to make decisions that work for you and you know. That's what i'm out to do is to really just educate people on all those things that we should have learned but weren't And that's That's my life smash tell our listeners about some of that educational piece that you do around money. Taxes w. twos so right now i've done quite a bit on linked in Kind of known as the tax guru unlinked in there's not a lot of tax people on lengthened. I've learned And so i did a really series on things you think are tax deductible but aren't and then i just did wanna Know what all the boxes on your w to mean because honestly especially with direct deposit. Nobody even looks at the wgn. Like i've had people with the wrong draft with wrong states but there is a lot of information provided up on there that you can use to know where you're at Make good decisions. Take advantage of things that your employer is offering customers are listed on there that you may or may not be aware of sing with your stuff with a really encourage Pull it out. If you don't know about all those taxes go lincoln with me on late then and you can see literally gone through it because it's not just about the autumn line number on your tax return that refund least important number on the tax return. We can make that whenever you want. It's how much did you pay taxes. How much did you pay in state tax. You know what else you're paying social security medicare taxes. Those are big numbers. You should understand what's being taxed. If you can do anything to change that and how much it's up to i think especially even now like with the pandemic. I've been working with a lot of clients to do a a kind of pandemic budget. So i have a template where we literally like list out every category of over the years i developed this for my family and And i have original. And then i have revised while not only does your transportation change or food or clothing or your manicures but if your income goes down those tax numbers change substantially and getting those numbers right either through an online tax calculator or through. Hopefully working with an accountant. That may give you some peace of mind that yeah things are tough but they may not be as tough as you think they are. And i let you sleep at night. We did that for our own family. I mean it was pretty eye-opening how much is take out of your face abbott. You you might be eligible for credits or deductions that you worked before franken's now lower so yet until you look at all the moving pieces in work with someone. There's a lot of things that that might cause you stress the dope need to find that fastening the w. two employees

Lisa Lisa Nizer Don Shula WGN Lincoln Medicare Abbott Franken