Articles

Richard Streitfeld – Buddhist Mensch

You are Not A-Loan
DEBT, Debt, debt, DONE!
(as in Beethoven’s Fifth)

You know the story. Student loan debt, well over 1 trillion dollars, exceeds credit card debt and is crippling graduates — and in turn, the whole economy. I had a pediatrician in my office who was making well over six figures, owes $300,000 on her student debt and yet Sarah cannot deduct a dime of
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Richard Streitfeld – Buddhist Mensch

Spousal Protection Programs!

Q: Despite our pre-nups, the IRS took our joint refund because of Kitty’s pre-marriage debts.  Am I an “injured spouse” or an “innocent spouse”? The monarchy is dying and I am royally flushed. -Prince Billy A: Billy, there is hope for you and the royals after all, if you are filing a Yankee tax return.
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Business Basics for Startups

The enclosed slides are from a webinar Rich Streitfeld delivered for Social Enterprise Greenhouse on May 6, 2015. In it he outlines some of the issues to consider when starting out on your own. We thought it would be useful to share.  

Richard Streitfeld – Buddhist Mensch

(More!) Peace, Love and Financial Planning
(and information on 3 relevant presentations)

The following is Part II of an excerpt from “Peace, Love and Financial Planning — An Illustrated Guide to Money”, by E. Larson Gunness, a local financial planner (and friend). Click here for Part I Note: “You” is the narrator in the book, who is working for a local accounting firm, and has just met
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Richard Streitfeld – Buddhist Mensch

Peace, Love and Financial Planning

The following is an excerpt from “Peace, Love and Financial Planning — An Illustrated Guide to Money”, by E. Larson Gunness, a local financial planner (and friend). Note: “You” is the narrator in the book, who is working for a local accounting firm. Art Comes in for a Meeting One day, a person named Art
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Richard Streitfeld – Buddhist Mensch

Best of the Mensch
Financial Tips you may have Missed

Q: I landed a new job in sales and upgraded my wardrobe. Can I deduct the expenses? –Taylor Slow A: Nope — the tax code can be magnanimous but these are purely personal expenses. You also cannot deduct perfume, lipstick, lip balm, an electronic toothbrush or your coconut-lime shaving cream. (Okay, lipstick if it is
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Richard Streitfeld – Buddhist Mensch

How To Pay Uncle

Q: What will the IRS do with my information once they know my bank account? –E. Snowden, Moscow A: Most of my clients use direct deposit when they have a refund; it’s the fastest and most efficient way to get the money due them. Now many of these same good folks shriek at the thought
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Pacioli Father Of Accounting

Should you have an audit?
Do you need an audit?

As you may know, the accounting profession has adopted new standards for audits that have materially increased the cost of all audits for years ending after December 15, 2007. These new audit standards are mandatory and have caused the cost of audits to increase 15% – 20% – 30% or more because of the additional
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ALSD CPA Guest Author Kevin Worthley

Divorce Finance: What You Don’t Know Can Be Costly

Divorce is a painful subject for all parties, and the complexities of a financial separation can be daunting.  In this article, Certified Financial Planner™ and Certified Divorce Financial Analyst Kevin Worthley points out some of the lesser known implications of a divorce settlement.  One of the partners read this article and commented, “I wish I
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ALSD Guest Author Lauren Silviera

8 Tips and Tricks to Keep an Office Organized for Life

Does your office yearn to be clutter-free? We all struggle.  Lauren Silveira  is a professional organizer and one of the partners can personally attest to her skill!  As Lauren says, “creativity, simplicity and helping others are my passions.” Read on: Have you ever considered asking yourself what the clutter within your office space is costing
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