Focus CPA

As business becomes more complicated and the world keeps moving at a faster pace, your advisors become more critical to your success. They can keep you focused, move you forward and watch for unexpected delays in your future.

Christmas season is a time to share and care with my family, the clients we serve, the staff I work with and others who are important to me. It is a reminder that my goals are not the end all, be all of my life. It is a time for me to reach out. As I reach out to others, both personally and through the business, I keep in mind the five love languages from Gary Chapman. They are…

Tax filing is just around the corner. The impact of the biggest overhaul of the U.S. tax code in three decades has arrived and it will spread far and wide. The Tax Cuts and Jobs Act became law in December 2017.

As Thanksgiving approaches, I focus on the things that I am thankful for –

tarting a business is like jumping off a cliff. Some enjoy the thrill; others face the fear and just do it. However, if that fear becomes too much it can stop the growth or destroy a business owner. As Henry Ford stated “Whether you think you can, or you think you can’t–you’re right.” If you think you will fail – you most likely will.

I am not one who likes scary movies. I think life itself is scary enough. It might be that I find myself in enough uncomfortable situations that I don’t need to go looking for more.

“Have a vision. It is the ability to see the invisible. If you can see the invisible, you can achieve the impossible.”

When I graduated from high school, I had goals. My goals were – to be a CPA, get married, be a partner in a CPA firm, own a nice house and have a family. I wanted to earn enough to have a comfortable life. It took 10 years to check off the goals. However, I ran into a problem. I achieved my goals, but I wasn’t where I wanted to be.

Did you know that only 50% of taxpayers pay income taxes? That won’t change with the new tax laws. However, there is good news for those 50% that do pay.

The goal of a budget is to create a plan to get the end-result you desire. So why not start with the end and go backward?