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From the desk of the Wealthy Accountant

Road Trip 22: Backbone of America

Road Trip 22: Backbone of America

They call it flyover country, that central part of America people overlook on their way to another destination. The thought is that there is nothing to see down the backbone of America. But you would be wrong if thought that…

Intelligent Tax-Loss Harvesting

Intelligent Tax-Loss Harvesting

Tax-loss harvesting is often bandied as a no-lose way to reduce taxes. Unfortunately, there are many pitfalls and under certain circumstances could actually increase your tax liability. Paying a service like Betterment to increase harvested losses only really works in…

Wasting Your Most Valuable Asset: Time

Wasting Your Most Valuable Asset: Time

Take the richest person on the planet alive today and compare this person with any other. Does the richest person have more talent? Maybe. Inherit much of their money? Possibly. Compared to every parameter the richest person alive today might…

GruntWorx Review

GruntWorx Review

Finding qualified employees is getting harder in the tax and accounting industry. You can either reduce your number of clients, outsource, or increase automation to deal with an employee shortage. Gruntworx is a powerful tool automating much of the preparation…

The Art of a Meaningful Life

The Art of a Meaningful Life

Stories are the best way to communicate a message. Jesus told parables and even non-Christians know the stories. If you think back to your college days when you were forced to read Plato’s Republic there is one part that probably…

Beating Inflation in Retirement

Beating Inflation in Retirement

Beating inflation in retirement isn’t just an issue for old people anymore. Often times people hyper-save, invest and have a robust plan, allowing them to retire at a young age. Inflation is the greatest enemy to retirees, young or old.…