I bet you didn’t know that you could lose 90% of your kidney function without a clue. So, maintaining your kidney health is pretty critical. Two conditions that can make that problematic are high blood pressure and diabetes. But, there are eight conditions we should monitor to ensure proper kidney health.
Monthly Archives: September 2021
Tzedaka (Charitable Donations)
How about another tax tip? Today, we center the discussion about charitable donations.
After tomorrow, the next holiday is April 15th!
How To Pay For the Infrastructure Bill
So, I told you earlier that President Biden (and the Democratic Party) are considering a slew of new taxes to ensure that the Infrastructure Bills don’t accrue those bandied about $ 3.5 trillion expenditures.
Cheaters!
We work diligently with our clients that have S entities to ensure that they receive reasonable compensation. You do recall that pass-through companies like S entities must pay their principals ‘reasonable compensation’ (a salary commensurate with their experience, capabilities, and time worked). In so doing, the rest of the profits of the firm can ‘pass-through’ to the principals, without being subject to employment (social security and Medicare) taxes, a savings of some 15+% to augment the pass-through revenue.
Real Estate Rental?
A significant number of our clients (more than) dabble in real estate investing. Why? Because it’s a fantastic way to aggrandize one’s wealth. The tax breaks, even with breakeven rent, and the growth in capital (the value of the house increases) are hard to beat- especially in today’s market.
A Major Festival
While the holiday of Sukot will start tonight, my observation of the holiday will be radically different this year. For the first time in forever, I won’t have a suka. It’s been a year since I developed pneumonia of my calf that progressed necrotizing fasciitis- and I am still unable to erect a suka myself.
Is there really a startup boom?
I love reading these articles. It claims that startups are booming.
Yom Kipur 5782 (2021)
Tonight will be the 10th Day of Tishrei. This Hebrew date means it is actually the special day of Yom Kipur. This culminates the 40 days of introspection, repentance, and preparing ourselves to be better humans and to make the world a better place- with renewed vigor. (While the closing prayer of Yom Kipur is called Ne’ila, the locking or the closing of the gates, many Jewish folks consider the 7th day of Sukot- coming up in 12 days (Hoshana Raba) to be the true closing of the books of judgment by Hashem, the Supreme Being.)
Personal Brand? Then You Need a Personal Board of Advisors!
You know I’ve been advocating for y’all to have a Board of Directors or a Board of Advisors. (The former is for firms that have substantial sales- at least high 8 digits; the rest of us rely on the more informal Board of Advisors.)
Continue reading Personal Brand? Then You Need a Personal Board of Advisors!