Publications
February 25, 2014
What Special Guidance Does IRS Give Agents for Audits of Attorneys?
By: Dennis Duitch, CPA, MBA With: C. Frederick Reish & James R. McDaniel, of the law firm of Reish & Luftman, P.C. The Journal of Taxation April 1995 Guidelines for the Service’s nationwide audit project on attorneys were issued in September 1993. This was the result of a 1988 pilot study in San Diego that found... Continue
February 23, 2014
Weekly Report 14-08
THE ‘BIG MAC INDEX’ is an annual gauge of foreign purchasing-power-parity – a measure of whether currency exchange rates are realistic – based on the price of a comparable item everywhere: the Big Macburger which last month averaged $4.62 across America. In U.S. dollars, Norway and Sweden currency is most overvalued, where a Big Mac... Continue
February 16, 2014
Weekly Report 14-07
FOR A BRILLIANT PERSPECTIVE ON HOW & WHY OUR ECONOMY WORKS (OR DOESN’T) and where the cycle is headed, a 30-minute animated course in simple English, absolutely worth your attention: http://www.economicprinciples.org Also, for a very clever 3-minute simple animated presentation on HOW the internet works: http://www.wimp.com/internetworks ‘SUCCESSION CHALLENGES’ NOW RANK AMONG THE TOP FIVE... Continue
February 10, 2014
Controlling Law Firm Operating Expenses
By Dennis Duitch & Marcia W. Wasserman Los Angeles Daily Journal California Law Business January 18, 2000 As most law firms enter their new fiscal year, management should be taking a fresh look at improving profitability. The quickest way to accomplish this is often through better control of operating expenses, and the place to start is by... Continue
February 9, 2014