It is a historical fact that American workers make less (after inflation and taxes) now than they did fifteen years ago. This article in the New York Times by David Leonhardt discusses the reasons and what to expect in the near future: http://www.nytimes.com/2014/10/07/upshot/the-great-wage-slowdown-of-the-21st-century.html?_r=0 My own feelings are that until small businesses are profitable enough to need that extra professional employee or two at a higher salary because talent is scarce and additional manpower is needed this wage stagnation will continue. Raising the minimum wage probably will not help since it will just be passed through to consumers or eaten by the business, which will mean they won’t hire that extra employee. 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
Musings of a Burbank CPA: Five Sales Lessons from a Toddler
Whether selling a new service to a client, trying to acquire a new client or pitching an idea to your partners, CPAs as well as other professionals can take a few lessons on selling from kids. See this posting in Accounting Today by Natalia Autenrieth for more details on this idea: http://www.accountingtoday.com/news/marketing/five-sales-lessons-from-a-toddler-72257-1.html Like the article says, toddlers are selling things all the time, they don’t get discouraged (at least not until they become teenagers), so they are the greatest sales force to learn from the world has ever seen (I guess many used car salesmen have learned from their kids, or they have a natural flair for continuing to annoy people until they buy something to shut them up!) Well, if it can help you pitch your idea or get a client, it is worth looking at. 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
Burbank CPA Financial Musings: Social Security Strategies for Married Couples
If you are married and are almost to the point where you and your spouse have to decide when to start your social security benefits, you are in luck! Here are a few strategies for married couples that might fit your situation in Market Watch by Ken Moraif – take a look: http://www.marketwatch.com/story/social-security-strategies-for-married-couples-2014-09-30 These situation can possibly increase your total social security benefits if you play around with them a little. Obviously it also depends on if you need the money now or not; if you need it you should take it. 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