When we started our first firm, each of the partners had distinct specialties (OK, 3 distinct specialties). And, we managed to work together, as a team, to grow our business.
CYA. You know what it means. The problem is that concept does nothing to make us healthier.
Drs. Y. Tsugawa, A.K. Jha, J.P. Newhouse, A.M. Zaslavsky, and A.B. Jena of Harvard (among other affiliations) published results of their study about these medical practices in JAMA Internal Medicine. (Actually, this is a pre-publication. )
I am sure you know that part of our services is to prepare payroll and tax submissions on behalf of clients. (Our fees are better than ADP and Paychex- and we go beyond simply providing you paychecks.). But, we also refuse to pay the taxes on behalf of our clients. A few of them are pretty annoyed- at first.
No, this blog is not about a rock star nor an actor, but we all should recognize his passing. Dr. Robert Schattner (he was born Isaac, but changed his name, while he attended the University of Pennsylvania Dental School) died the 29th of January (the second day of Shvat in the Hebrew calendar), at the age of 91, due to kidney failure.
Boy, was I surprised. Here I am advising all of you (but especially my clients) of all the changes that happened to affect tax filings this year. And, I missed one. A big one.