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  3. The Back Room
  4. Keeping Score

Keeping Score

Scheduled Pinned Locked Moved The Back Room
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  • I Offline
    I Offline
    IdUnknown
    wrote on last edited by
    #1

    Do you want to know how much money have been committed on behalf of the taxpayers? http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4[^]

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    • I IdUnknown

      Do you want to know how much money have been committed on behalf of the taxpayers? http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4[^]

      C Offline
      C Offline
      Chris Austin
      wrote on last edited by
      #2

      Own a legitimate business and have a really good accountant. Mine is insanely good at finding every thing we can possibly do to be as tax efficient as possible. To paraphrase Warren Buffet; my assistant pays more in taxes than I do.

      Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?

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      • C Chris Austin

        Own a legitimate business and have a really good accountant. Mine is insanely good at finding every thing we can possibly do to be as tax efficient as possible. To paraphrase Warren Buffet; my assistant pays more in taxes than I do.

        Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?

        K Offline
        K Offline
        kmg365
        wrote on last edited by
        #3

        Chris Austin wrote:

        really good accountant

        I think you hit on a growth field, never thought about it before but accountants who specialise in corporate and personal taxes and tax law will be in very high demand going forward.

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        • K kmg365

          Chris Austin wrote:

          really good accountant

          I think you hit on a growth field, never thought about it before but accountants who specialise in corporate and personal taxes and tax law will be in very high demand going forward.

          C Offline
          C Offline
          Chris Austin
          wrote on last edited by
          #4

          kmg365 wrote:

          think you hit on a growth field, never thought about it before but accountants who specialise in corporate and personal taxes and tax law will be in very high demand going forward.

          I think they have always been. Mine, has been worth his weight in silver over the last five years.

          Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?

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          • C Chris Austin

            kmg365 wrote:

            think you hit on a growth field, never thought about it before but accountants who specialise in corporate and personal taxes and tax law will be in very high demand going forward.

            I think they have always been. Mine, has been worth his weight in silver over the last five years.

            Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?

            O Offline
            O Offline
            Oakman
            wrote on last edited by
            #5

            Chris Austin wrote:

            Mine, has been worth his weight in silver over the last five years

            When shopping for a good accountant, simply ask him or her how much two plus two is. If they answer "four," keep looking. If they answer "usually four, but sometimes three and change, or sometimes a little less than five" keep looking. If they ask, "How much do you want it to be?" You have found your guy.

            Jon Smith & Wesson: The original point and click interface

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            • O Oakman

              Chris Austin wrote:

              Mine, has been worth his weight in silver over the last five years

              When shopping for a good accountant, simply ask him or her how much two plus two is. If they answer "four," keep looking. If they answer "usually four, but sometimes three and change, or sometimes a little less than five" keep looking. If they ask, "How much do you want it to be?" You have found your guy.

              Jon Smith & Wesson: The original point and click interface

              C Offline
              C Offline
              Chris Austin
              wrote on last edited by
              #6

              Oakman wrote:

              If they ask, "How much do you want it to be?" You have found your guy.

              Our Interview included something like that. It was more along the lines of: Q: What tax bracket should we be in? A: What tax bracket do you want to be in? It wasn't magic but, after the first two years he really got us down. What is best about his service is that as part of his fee he will evaluate the tax implications of everything we do for our business.

              Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?

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