On August 20, former United States Vice President Joe Biden formally accepted the Democratic nomination for US President. However, questions about Biden’s tax proposals, such as when and how fast he would push for tax hikes, remain to be clarified heading into the fall campaign.
Complicating matters, the US has recently spent trillions of dollars in response to the consequences resulting from the coronavirus pandemic, and the US is likely to spend trillions more. Someone has to bear the cost of all this spending and increased taxes appear to be the answer.
"The Problem is We Keep Making the Same Mistakes"
- Yogi Berra
Amongst the doom, gloom, and sequestering during our current COVID-19 pandemic are vast opportunities. Our collective “Family Office” perspective for Ultra-High-Net-Worth families must consider how best to rearrange holdings and allocations given our disrupted world order. In startup terms, it is time to pivot.
Profits are a function of risk. Value is derived from aligning affordable risk with a proper time horizon. Great business models fail if operated too long or for too short. Families ride with ...
It has become increasingly difficult to ignore the increasing amount of media and press coverage of the growing cannabis (CBD) business opportunities in the market today.
CBD, a nonintoxicating compound found in cannabis, is everywhere we look. Coffee shops across the country offer “calming” CBD infusions for your morning cappuccino. Boutique makeup brands are churning out CBD moisturizers, claiming the compound’s anti-inflammatory properties. As of October 2018, 46 states have passed some kind of CBD legalization.
In June the Food and Drug Administration ...
What does helping people in Guatemala have to do with accounting in Portland, Oregon? The answer is NOTHING!
So, why would my employer Morris + D’Angelo support my traveling to Guatemala? When I was hired by Morris + D’Angelo in San Jose to open and expand their office in Portland Oregon, I expected to have a “typical” retail space someplace where potential customers could come and get advice and counsel about their taxes. However, that’s not typically all we do at Morris + D’Angelo. While it’s true, we help our customers solve their specific tax ...
Note: - This past Thursday, I had the pleasure of sharing a brief commentary during the annual CalCPA Silicon Valley/San Jose Chapter's Honoree and Scholarship Dinner. In attendance were the Past-Presidents of the Chapter (my year was 2002-2003), Several area university scholarship winners (each was very impressive, probably why the Big 4 have already hired them), along with their professors and family. Also in attendance were CalCPA Members that have reached their 40 year mark and hence no longer pay dues (lucky them). Finally, our Chapter awards a Lifetime ...