Focus CPA

It’s hard for me to believe the Year 2020 is here! They say hindsight is 20 20 and I have 60 years of history to learn from. What am I going to do with all that information? I made a list of 5 things I have learned.

Physics states that a ball going in a straight line will continue unless redirected. In business the same habits and behaviors will continue to provide the same results unless redirected.

For the last 5 months I searched for a CPA to hire. I only got 2 resumes throughout that whole time and those that applied did not qualify. The labor market was tough.

Tax time is just around the corner. Here are some steps you can take to minimize your personal income tax bill.

One of my favorite movies is Ghost and Darkness, it is about two man eating lions that slow down the building of a railroad in Tsavo, Kenya in the early 1900’s. The movie stars Val Kilmer and Michael Douglas.

Small business Owners put blood, sweat and tears into their business every day. Fall is the time to plan to minimize your tax bill for 2019, legally. Get informed and in control of your tax situation. These are general year-end business tax planning tips. It is critical to consider your personal and business circumstances before implementing any ideas.

The curtain is rising, but the play has not been written yet. I just celebrated my 60th birthday and 15 years at FOCUS CPA. I read about a concept of dividing your life into 3 Acts. Our life expectancy is about 90 years – so each act lasts 30 years. This month I am starting my Act III.

Every business, both big and small, is at risk for fraud. It can start with a trustworthy employee that runs into financial trouble. While they are working, they pocket cash from the till, they pay themselves extra hours or pay their personal bills with company funds and no one sees it. They rationalize their actions by telling themselves that they deserve it or it is just a loan. This can continue for years.

Ahhh. I just got back from San Diego, CA. I attended a conference and learned some new things. I also took time to relax touring the city and visiting with family. They say that all work and no play is not good for the soul. Taking vacation is a great time to revive your soul and spice up life.

For many people hobbies are a source of income. From crafts, eBay sales, soap making, playing in a band to selling Mary Kay, these activities can be sources of both fun and finances. It is a great way to test your ideas and determine if you have a business opportunity.