Tax Hackers & investors

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Did you know that in Cook County. Illinois there is over $120,000,000 of unclaimed Property Tax Overpayments and Exemptions not taken? What are the Numbers in your Local County?

What are the most important tasks in your business? Taking care of customers and growing revenue.

Add any trendy business philosophy you want on top of that, and it still gets down to the same thing.

EVERYONE on your business team should either be adding revenue or helping to control expenses. We suggest you (constantly) ask your staff -- and yourself -- what they can do to help.

Entrepreneurism and small businesses are powerful forces in this country.

Boy, 8, Who Started Business During Pandemic Helps Raise Money to Move Family from Shed to Apartment Aaron Moreno's plants business also helped raised enough money to buy his family a car

Write your representatives to let them know what you think about this proposed new tax on remote workers.

Should you pay higher taxes because you work from home? Many people are discovering they enjoy working from home. Should they pay higher taxes if they decide to stay away from the office even after the pandemic?

As you plan for your giving budget in this holiday season, remember that THIS YEAR ONLY (per the CARES Act), you can take the standard deduction, as well as up to $300 of cash donations. It has to be cash though, and it's up to $300 per return, so if you file jointly, it's still only $300.

(Since most people use the new higher standard deduction, charitable giving is not deductible. But this year, you can claim up to $300 on top of that standard deduction.)

As that old "going on a bear hunt" ditty says: Can't go over, can't go under it ... gotta go through it.

That is 2020, for most of us.

If numbness is setting in, unplug a little. Stay off social media. Only read important content (like THIS, naturally).

Focus on your domain and build the financial and relationship fortress you need to carry you through whatever might come.