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Elements of a Financial Statement
Share Elements of a Financial Statement Publicly traded companies are required to issue audited financial statements annually. There are seven parts of the statements that are briefly described here in...
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Crisis Caused by Kicking the Can
Share Crisis Caused by Kicking the Can In NYC there is a mass transportation crisis with the subways and commuter railroads. In NJ there is a crisis in decaying highways....
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Getting Rid of My Books
Share Getting Rid of My Books Not all of them, but a few hundred business books I keep in my office. We are moving in a month and the new...
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Tax Season Lesson #6: Proper Treatment of Organizational and Start Up Costs
Tax Season Lesson #6: Proper Treatment of Organizational and Start Up Costs Willie Moore (Moore) spent his 9-5 as a system support analyst for the city of Houston. On the...
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An investment story
Share An investment story Once upon a time there were a bunch of people that worked hard and spent less than they made. They used the money they did not...
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International Tax Reform: What Does It All Mean?
International Tax Reform: What Does It All Mean? Last week, in our reactions to President Obama’s proposal for corporate tax reform, we took special note of the president’s continued push...
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Parent Buys House, Kid Pays The Mortgage. Who Gets the Interest Deduction?
Parent Buys House, Kid Pays The Mortgage. Who Gets the Interest Deduction? As you’re likely aware, the lending market ain’t what it used to be. The free-wheeling days of the...
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California Starts Counting Its Facebook Money
California Starts Counting Its Facebook Money A few weeks ago, while waxing poetic about the tax implications of the Facebook IPO, we made the following observation: …Zuckerberg will be exercising...
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Stock Tip of the Day
Share Stock Tip of the Day One of the investment programs I occasionally watch provides a “stock tip of the day.” This brought up some questions. What are the people...
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Tax Reform Proposal “What-If” Game
Share Tax Reform Proposal “What-If” Game Last week President Trump released his framework for tax reform. One of the favorite games being played by the financial media and tax experts...