Wouldn’t it be wonderful to be motivated to achieve by such a lofty goal as benevolence? I must confess, however, that in the early years of my struggle to succeed, my motivation was much more down-to-earth. My reason for succeeding was more basic. In fact, it fell into the category of what I like to ...
Read More »Expand Your Thinking
From Motivation to Motive-Action
With the passing of every New Year, you must understand the magnitude of social and economic changes in the world. In the past, change in business and social life was incremental and a set of personal strategies for achieving excellence was not required. Today, in our knowledge-based world, where change is the rule, a set ...
Read More »When your income goes up…your taxes don’t necessarily need to follow suite
I was involved in a pretty toxic IRS audit of the tax return of one of my clients (a plumber who was operating his business as a Sole Proprietorship) a while back. The auditor seemed pretty intent on not allowing his business deductions as business expenses because, although his income had been steadily going up, his ...
Read More »Just because your Income Increases Doesn't Mean your Taxes Should Too
I was involved in a rather toxic IRS audit of one of my client’s tax return (a plumber who was operating his business as a sole proprietorship). The auditor was intent on not allowing my client’s business deductions because, although his income had been steadily increasing, his expenses had increased also. This had happened largely ...
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