My home. Early afternoon. My guests, husband and wife, are talking about the new addition to their family. They’re showing me pictures. I look at the beautiful dog These wonderful people saved the dog from being euthanized. They’ve been doing volunteer work for years. And know a lot about the dire situation at the shelters. […]
“… spammy websites filled with AI-generated text.” “… content farms have sprung up where low-paid humans use AI to churn out low-quality content” Above are excerpts from MIT Technology Newsletter: Welcome to the opportunistic side of AI. And why do these “content farms” do it!? Why would they generate so much garbage content? Money, of […]
Do we want IRS to be more powerful? The Supreme Court thinks so. (Polselli v. Internal Revenue Service That’s the Tax Court Case that gave the IRS more power.) What does that mean for you, the business owner? Let’s say you operate a restaurant. And one of your suppliers/vendors gets audited by IRS. The IRS […]
There’s a lot of hopping going around. I’m talking about a new business trend: Job hopping. And this is going on across the states. However there seem to be some differences. Red states are experiencing more bouncing than the blue ones. Lower wages seem to be the driving factor behind the higher job-hopping in the […]
Artificial Intelligence (AI) AI is helping us doing a lot of good. In medical field. With climate change. Helping us with wild life conservation. And more. But everything has a price. And AI is no different. The price is high. How high? None of us know. Not even the AI researchers. Yes, you’ve read that […]
March 2023 — an eventful month so far Giving us a crush course in banking/financial literacy Top of the news: the collapse of Silicon Valley Bank (SVB) (Founded in 1983, SVB became the biggest bank in Silicon Valley. And one of the largest in United States.) Financial reporting in WSJ, and other publications, attributes its […]
Gregory Blatt lives in New York. Has an apartment in the city. His #work takes him occasionally to Texas. Eventually he leased an apartment in Dallas. But he still keeps his apartment in New York At #tax time he claims residence in Texas And how do you think New York took this new “arrangement”? Not […]
BUSINESS, TAXES, RED FLAGS Tax season is here. And some of you, business owners, worry about raising red flags with IRS. What can increase your chances of getting audited? Having business losses — for three straight years — can put you on IRS’ radar. And you run the risk of having your business reclassified as […]
With 2023 just few hours away, small business owners are looking ahead. Thinking how to solve ongoing problems: Inflation, supply chain issues, anticipated recession, and labor shortages. Given these, small business owners’ top three priorities are: 1. Cash Flow They know the importance of cash flow. It’s what will keep the business afloat should we […]
Clients arrive We greet them (my feathered-kids and I 🙂 Then we sit down and start talking about their latest project — their small business. All is going well, and I’m happy for them. We move on to tax talk. And discover there’s some missing documentation. “We can bring the info next week” they say. […]