Financial Musings of a Burbank CPA: 9 Scary Things Consumers Do With Their Money

It is always interesting to see how people borrow or invest or spend their money.  Some of the things can be scary.  See these nine items in US News Money by Geoff Williams for what not to do: http://money.usnews.com/money/personal-finance/slideshows/9-scary-things-consumers-do-with-their-money/5 As far as these items go individually, you might be able to get away with one, just be careful about doing too many of them as it will hurt you financially over time.   For financial,  accounting and tax musings, You can count on us to count for you! Email:bstonercpa@sbcglobal.net   Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:        Has been Featured On https://twitter.com/bstonercpa

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Musings of a Burbank CPA: AICPA CEO Melancon Sees Changes Ahead for CPAs

While I don’t always see eye to eye with the American Institute of CPAs (AICPA)(I have always felt they stood up for the big CPA firms at the expense of the small ones), I like this article in Accounting Today by Sean Mccabe that talks about future evolving of the profession: http://www.accountingtoday.com/news/accounting-news/aicpa-ceo-melancon-sees-changes-ahead-for-cpas-72372-1.html As we go forward, I feel technology and changes in billing practices (which are already happening !) will take us from the hourly rate more toward value billing (see my video “Why I hate taxy drivers! on my website  www.briantstonercpa.com ) which will eventually change the competition to more client friendly cooperation as we find we can’t be generalists and will have to refer some work to other CPA specialists.   For financial,  accounting and tax musings, You can count on us to count for you! Email:bstonercpa@sbcglobal.net   Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:        Has been Featured On https://twitter.com/bstonercpa

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Burbank CPA Tax Musings: Comparing the 2013 and 2014 Federal Tax Brackets

Well, here they are: the new and improved tax rates of the IRS for 2014!  Everyone jump up and down (anybody?)  Ok then see this article from Bankrate.com to compare 2013 rates with 2014: http://www.bankrate.com/finance/taxes/tax-brackets.aspx You may not be happy as a clam over these rates, but at least you can plan for how much tax you may owe.  (Be still, my heart!)  Working with your tax preparer will give you a better idea of how much of a refund you will get, or how much tax you will owe (gasp!)   For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net  Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:          Has been Featured On    https://twitter.com/bstonercpa

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