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From the desk of the Wealthy Accountant

Your Home is a Poor Investment

Owning your home is better financially than renting. Still, home ownership is a poor investment. Owning is the least of two evils since you do need a place to live.

All things equal, owning a home is cheaper than renting. Of course, all things are not equal. The income property owner can deduct more than…

Accounting Software Alternatives to QuickBooks

QuickBooks is not always the best choice for the small business owners when it comes to inventory management. Success often is determined by building the right accounting system.

Starting a business is filled with challenges. As your business grows more challenges appear. While you focus on your product, distractions temp you from your…

Problem Solving Made Easy

Problem solving the fast and easy way with Occam's Razor.

Problems. Around every corner and when least expected problems rear their head. Problems solving, as a result, is one of the most useful skills anyone…

Is Paying Cash Illegal

Spending habits determine your level of financial wealth.

Sometimes when people pay cash they do so with a wink. I think they are sending the message that this will be unreported income and…

What to Do When There is No Clear Answer to Your Tax Question

The office manager is on vacation. The boss doesn't like the answer from the CPAs research. What could go wrong?

After your name, address, and Social Security number, the tax code can get muddy quickly. It’s not really that bad, but there are tremendous issues…

Instant Way to Earn and Have More Money

Aurora

There is a good reason why you have less money than you want. For several years now I have worked with a local woman, consulting…