Apr
13
How to do the LLC Taxes
April 13, 2010 | Comments Off
This is a list of the products we use and for what purposes:
Turbo Tax Business to do the 1065 and the K-1 for the LLC partners.
Turbo Tax Home & Business to do the W-2, 1099 and the personal taxes.
And QuickBooks Pro for the regular day to day accounting.
I think they manage to extract around $400 [...]
Apr
8
Buying a Condominium?
April 8, 2010 | Comments Off
Buying a condominium is a great alternative to a detached, single family home. They are more economical and they require less effort on your part to maintain them. Or… do they?
Just like any purchase in life, there are those things that are promised on the purchased and then there is reality. When working with responsible, respectable people [...]
Jan
5
You CAN Afford It: Independent Consulting
January 5, 2010 | Comments Off
People often tell me they are unhappy about their jobs, and they would rather be doing what I am doing: peddling my services independently of big corporation.
We all can do it. One thing we can’t do it is have our cake and eat it too. Many people want both:
Happiness – Freedom to [...]
Jan
3
2010 Reading List
January 3, 2010 | Comments Off
2010 Reading List
My main profession (and the one feeding my investing) is as a custom software developer in a niche professional services firm. Since this is both my passion and my livelihood, I look for ways to educate myself as much as I can on it.
On the technical aspects of my career I continuously [...]
Dec
29
Human Resources Protects The Employer
December 29, 2009 | Comments Off
“We are From Human Resources, And We Are Here to Help”
For a company to work well, everyone should be willing to help each other. That is for granted. And most of the time Human Resources can help you: they can help you change your health plan from a PPO to an HMO [...]
Dec
9
Your Employer May Not Have Money
December 9, 2009 | 1 Comment
Some people tell me that their employee is taking advantage of them in a recession. It may well be true – an employee value may have been diminished due to availability of cheaper, unemployed resources.
However, my first question to those people who tell me of their employers plans to pay them less or to [...]
Dec
9
The Working Hard Myth
December 9, 2009 | 1 Comment
There is a mis-conception that hard work will equal higher pay. I do believe that hard work is a necessary condition for higher pay, but it is not a sufficient condition. Otherwise, miners and loggers would get better pay. (Although they do get better pay than a McDonalds employee).
The key is _value_. [...]
Nov
12
W-2 Contractor: An Oxymoron
November 12, 2009 | Comments Off
W-2 and Contractor or Consultant should not appear on the same sentence, it is an oxymoron. W-2 forms are given to employees, as defined by the IRS. Employees have certain rights and duties. Employers retain taxes from them and may be obliged to give them some benefits in some states or localities. Normally consultants/contractors don’t [...]
Nov
6
The double digit harsh reality
November 6, 2009 | 1 Comment
Unemployment climbed to 10.2%. I wish I had better news.
If people haven’t noticed, double digit unemployment is common on what used to be called third world countries. Unemployment leads to stagnant nations where we never recover.
Regardless of what or who is to blame for high unemployment, maybe it is time we try to [...]
Aug
17
Importance of 401k / SEP-IRA Money Market Accounts
August 17, 2009 | Comments Off
Last Monday I made a transfer to my SEP-IRA Money Market account. My heart told me to put the money on the SP 500 Index Fund, however my brain told me to put it on the Money Market Account. It wasn’t out of safety concerns, as I believe the SP 500 will continue [...]
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