Superior Results. Delivered.
Blog
Coronavirus Incubation Period May Be Up To 24 Days
As posted to the Peak Prosperity YouTube Channel on February 10, 2020 (Run time 20 min 44 sec) In Update #18, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: "A new report finds that the incubation period for the Coronavirus may be as long as 24 days, 10 days longer than previous expected. [...]
4 Changes That May Affect Your Retirement Plan
If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which was signed into law on December 20, 2019, made these four changes which may affect your retirement plan. Change #1: The maximum [...]
Coronavirus Far Worse Than We Thought
As posted to the Peak Prosperity YouTube Channel on February 9, 2020 (Run time 27 min 35 sec) In Update #17, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: Is the Coronavirus far worse than we thought? New research suggest that is the case. "Chinese officials are now warning the Wuhan Coronavirus may [...]
SECURE Act Helps Secure Employees Retirement
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees or if you’re thinking about adding one, you should familiarize yourself with the new rules. The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was signed into [...]
Don’t Contemplate Fraud Litigation Without a CPA
You may already know how CPAs can help businesses uncover and prevent fraud. But what about when a fraud incident leads to civil litigation? Don't contemplate fraud litigation without an experienced CPA that can help your legal team collect and summarize complex financial documents and reconstruct lost or stolen records. CPAs can also serve as [...]
Budgeting Tips for Individuals
(This is Blog Post #733)
Coronavirus Impact on the Global Economy
As posted to the Peak Prosperity YouTube Channel on February 7, 2020 (Run time 10 min 44 sec) In Update #16, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: "As China now has placed over 400 million of its citizens under quarantine, China's economy is grinding to a halt. Workers can't leave their [...]
Non-Deductible IRA Contributions Require Tracking
If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it’s important to know that non-deductible IRA contributions require tracking. Why? Because the IRS treats distributions as a blend of pretax and after-tax dollars. If you treat distributions as fully taxable, you’ll end up overpaying. An example Dan, [...]
Coronavirus: 50,000+ Infections Per Day Suggested
As posted to the Peak Prosperity YouTube Channel on February 6, 2020 (Run time 18 min 12 sec) In Update #15, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: ". . . Dr. Neil Ferguson of the Imperial College of London and director of J-IDEA, the Abdul Latif Jameel Institute for Disease and [...]
Tax Deductibility of Home Office Expenses
Technology has made it easier to work from home so lots of people now commute each morning to an office down the hall. However, just because you have a home office space doesn’t mean you can deduct expenses associated with it. What are the rules for tax deductibility of home office expenses? Regularly and exclusively [...]
Coronavirus Spreads to Wisconsin
As posted to the Peak Prosperity YouTube Channel on February 5, 2020 (Run time 24 min 16 sec) In Update #14, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: Chris Martenson Page Deleted from Wikipedia "Last night, Wikipedia deleted its page on Chris Martenson. Why? They declared him "non-notable" . . . totally [...]
Has Fraud Corrupted Your Supply Contracts?
Has fraud corrupted your supply contracts? If your business solicits bids for goods or service contracts, there’s a risk that employees will solicit or accept kickbacks to favor certain vendors. Or, they might steer a bid to a vendor based on their personal ties to the company’s owner or employees. Here’s how to prevent this [...]
Coronavirus: Move Along, Nothing to See Here
As posted to the Peak Prosperity YouTube Channel on February 4, 2020 (Run time 13 min 43 sec) In Update #13, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: "As the Wuhan Coronavirus spread worsens, the financial markets are throwing one hell of party, hitting record highs. Yet the world's #2 economy, China, [...]
Highlights of Tax Laws Passed at Year-End
While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. The “Further Consolidated Appropriations Act, 2020” was signed into law on December 20, 2019. It makes many changes to the tax code, including an extension [...]
Coronavirus: The Time to Prepare is Now
As posted to the Peak Prosperity YouTube Channel on February 3, 2020 (Run time 9 min 39 sec) In Update #12, on the Wuhan New Coronavirus (officially "2019-ncov"), Chris Martenson reports: "With over 20,000 people now confirmed infected, the Coronavirus outbreak continues increasing at an exponential rate. And that's based on official data from the [...]
Disclaimer
This blog is designed to provide competent and reliable information regarding the subject matter covered. However, it is being provided with the understanding that the blogmaster is not engaged in rendering investment advice. Laws and practices often vary from state to state and if investment assistance is required, the services of a licensed investment professional should be sought. The blogmaster resolutely encourages the reader/viewer to do their own research and due diligence before acting on any information contained herein. As such, Roger Rossmeisl specifically disclaims any liability that is incurred from the use or application of the contents of this blog. It should also be noted that the views contained in this blog are not necessarily representative of the opinions/beliefs of the other owners, management and/or employees of Kho & Patel CPAs.
