Profit & Tax Blog

Tax Thoughts for the New Year

2017 is likely to be a big year for taxes. House Speaker Paul Ryan and President-elect Donald Trump haven't been shy about their New Year's resolutions to rewrite the tax code, and we could be in for quite a ride. So here are some thoughts to start exercising your...

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Creepy Little Elf Has Nothing on the IRS

If you have kids and you celebrate Christmas, you're probably familiar with the Elf on the Shelf — a storybook and accompanying doll that help encourage your little darlings to behave themselves before the holidays. The book tells wide-eyed children how Santa marshals...

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Christmas Tax Breaks for Christmas Trees

'Tis the season to be jolly, and how jolly could we be without Christmas trees on display? For some of us it's the classic Pinus Sylvestris, or scotch pine. For others it's the soft-needled Abies fraserie, or Fraser fir. Still more make do with the store-bought...

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Sweet Taxes!

December is a busy month for holidays, what with Christmas, Hanukkah, and Kwanzaa all crowding calendars. But there's a lesser-known holiday that falls on December 16 that we don't want you to miss. It's not Ugly Christmas Sweater Day or Free Shipping Day (although...

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400 Cigar-Chomping Fat Cats Aren’t Enough Anymore

Author F. Scott Fitzgerald, who brought us the Great Gatsby among other well-heeled characters, once said the rich are very different from you and me. To which Fitzgerald's jazz age compatriot Ernest Hemingway sarcastically retorted, "Yes, they have more money." But...

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Over the River and Through the Woods

Thanksgiving is a time for homecoming, and some of us are fortunate to return to a place where we've spent decades of holidays. Who wouldn't relish celebrating in a cozy farmhouse out of a Norman Rockwell print, with an overstuffed chair in front of a crackling fire...

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Talking Turkey About Taxes

A hardy band of refugees board a leaky wooden boat, just 106 feet long to hold 132 of them, and set off for freedom across an unknown sea. Syrian refugees fleeing sectarian violence? Cuban marielitoes risking wretched lives to escape Castro's brutal regime? No . . ....

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All You Need is Love

No matter who we voted for, we can all agree that this has been the nastiest presidential election since Thomas Jefferson called John Adams a hermaphroditic bastard. This week it's finally (finally!) come to an end. Whether you're elated or nauseated by the results,...

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No, They Don’t Want Justin Bieber Back

Given how long the 2016 presidential election season was, you're probably in one of two camps right now: ready to move to Canada, or relieved you don't have to. Either way, it's likely more Americans have actually thought about Canada in the last year than in the...

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Hut, Hut, Hike! (Your Tax Bill)

The 2016 NFL season is in full swing, and fans are spending billions of dollars to show their loyalty to their teams. The average ticket costs $92.98. The average beer runs $7.38. Even parking can cost as much as $75 to see the Cowboys at AT&T Stadium. And fans...

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Take Charge of Your Debt & Pay Them Off Faster

Grab This Worksheet to Calculate Your Monthly Nut - Once you've paid your monthly nut (expenses), the rest is PROFIT!

Do  You Know The Health Of Your Service Business?

Do  You Know The Health Of Your Service Business?

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