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Friday, March 17, 2017

Running On Empty

Most drivers have a story about the day they ran out of fuel. It’s an unpleasant feeling when one minute you’re cruising down the highway in overdrive and the next you’re sputtering to an ungraceful stop. You hope that you’re near a gas station, or if you’re lucky, that you can cruise right up to the pump, when you finally shut down.

Friday, March 17, 2017

Culture Club

Last week, I was facilitating a discussion in class regarding cultural differences in the workplace. Specifically, we had a lively discussion regarding differences in the approach to performance management practices across the globe. For example, in the U.S., we are always focused on formally documenting performance discussions, mostly to protect us from potential employment related lawsuits. In most Latin American countries, as well as in southern Europe, the attitude toward performance management is very informal, usually completed as on-the-spot conversations, and not at all focused on anything written. Perhaps this distinction is a direct result of civil law vs. common law approaches to employment, or a consequence of American at-will employment rules vs. contract employment? As the conversation progressed, we concluded that the primary cause of these differences goes deeper than the law, but rather to cultural principles.

Friday, March 03, 2017

Communicating with Your CPA

All too often, I see clients filing amended tax returns or extending their returns due to the incorrect or incomplete information that they provided to their CPA. To help your CPA get the most accurate picture of your finances, consider taking the following steps:

Friday, February 03, 2017

Retirement Planning

The Future that Awaits

You may have heard that people spend more time planning their annual vacations than they do planning for retirement. Whether you start your retirement planning years or weeks before that glorious day, you will follow similar steps to determine the lifestyle you can expect in retirement.

While you may or may not be happy with the presidential election outcome, one thing is certain: Donald Trump is going to serve as the 45th president of the United States. While it would be nice to have a crystal ball so that we could tell you exactly what this means for your wallet, unfortunately, we don’t. We can, however, give you a general idea of what could happen in 2017 based on President-elect Trump’s tax plan and his talking points during the campaign.

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