Posts by Ted Jenkin

Let’s face the facts. Most small business owners are downright lousy when it comes to keeping high quality records of their meals and entertainment expenses. The only thing most are sure of is that they would like to deduct every trip to Starbucks, every lunch at Taco Mac, and every dinner they ate on their…

Recently, the Wall Street Journal ran a tremendously powerful article about how bonds have outperformed stocks since 12/31/1999. Over long periods of time, historically stocks are more volatile than bonds but also outperform bonds over the long term. The question is will this trend continue this century? Since 2000, investors have turned to adding an…

People start a business for all kinds of different reasons. Some people do it because they are fulfilling a lifelong passion to create a new product or service. Others see a new business as a getaway from the grit and grind of corporate America to become their own boss. Still more see a business as…

With both the Republican and Democratic debates heating up now, it is probably a good time to attempt to separate fact from fiction when it comes to the future plans of the nominees on how they will change the tax code. With our national debt soaring to 19 trillion dollars, it is certain we will…

Nobody wants to be audited. But about 1 in 150 of us will experience some type of audit in our lifetime. That’s the bad news. The good news is that if you avoid these six potential red flags, you may be able reduce your chances of getting the dreaded audit notice in the future. 1.…