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The Bottom Line Blog

Penny for your thought

Summary: We don’t care how you pay your taxes; we just want to help you pay less! Whether it’s pocket-change or Bitcoin, there are many

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Money management plan

How to design a Money Management Plan That works   A lot of business owners look away when I talk about money management. That’s probably

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Laboratories of Democracy

Summary: Administering a wealth tax would be easier said than done. How do you value assets like cryptocurrency that fluctuate like a fat man’s EKG? What

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Moonlighting

  Summary: Taxpayers cheat. Tax pros cheat. But it’s rare that we get to take aim at tax collectors doing it. Which brings us to this week’s

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Oh, the Taxes You’ll Save

March 2 marks the birthday of America’s favorite self-help author, Theodor “Dr. Seuss” Geisel. Seuss died in 1991 with an estimated net worth of $75

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Trimming the Hedges

#HedgeFund #Bloomberg #Investing #Investment #WallStreet #Interest #VentureCalpital #Traders #Fortune #Billion #TigerGlobalManagement #RenaissanceMedallion #MelvinCapital #Tax #Taxes #IRS #BottomLineTax Summary: One group that made out like bandits

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Monkey Business

Monkey Business #PETA #AnimalRights #Robots #NonHumanLabor #Taxes #Tax #Labor #BillGates #Economy #Accounting #Accountant #Bookkeeping #BottomLineTax Summary: According to People for the Ethical Treatment of Animals,

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It’s All Fun and Games…

It’s All Fun and Games… Hashtags: #WallStreet #GME #GameStop #Robinhood #Traders #HedgeFund #StockMarket #SEC #IRS #FinancialTransactionTax #Tax #Taxes #IncomeTax #FightClub #Accountant #Accounting #Finances #BottomLineTax Summary:

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Boxing fans can debate where Tyson ranks at throwing punches — but pound-for-pound, he was the heavyweight champion of the world at throwing away his money. Biden would impose the full 12.4% social security tax on wages over $400,000. That sort of haymaker would have cost Tyson an extra $85 million over his career. Just imagine how many tigers or cars the extra tax would have knocked out!

PUNCH DRUNK

Odds are good that if you hear the words “Mike Tyson” and “money,” you think of the huge purses ($685 million!) that Iron Mike won,

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Use Your Words

Use Your Words

Accounting and taxes are all about the rules we use to manage the numbers. And we express those rules in words. This brings us to this week’s sad story about a lawyer, not an accountant, blowing it with the wrong words.

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