by Micah Fraim, CPA | Oct 31, 2019 | Business, Business Finance, Business Taxes
“Facts are stubborn things, but statistics are pliable.” ― Mark Twain I’m a big proponent of tracking key metrics in your business. (For those unfamiliar with the term, a metric is simply a quantifiable measure that businesses use to track, monitor and assess the...
by Micah Fraim, CPA | Aug 20, 2019 | Business Finance, Finance, Personal Finance
“They used to tell me I was building a dream With peace and glory ahead Why should I be standing in line Just waiting for bread? Once I built a railroad, I made it run Made it race against time Once I built a railroad, now it’s done Brother, can you spare a...
by Micah Fraim, CPA | Oct 4, 2018 | Business Finance, Finance, Personal Finance
A few years ago, I wrote an article on gold and the fallacy of so-called “safe” investments. One of the major points in that article was that (over the long-term) “low risk” investments can be very expensive because of opportunity cost. Compounding interest is...
by Micah Fraim, CPA | Aug 24, 2018 | Business, Business Finance, Business Taxes, Cash Flow, Finance, General Business, Taxes
Every year, I have (nearly) countless conversations with clients about how they can reduce their tax bills. And, obviously, that is a big part of the expertise we provide and the service for which they pay us. When we meet, at least half of the conversation centers...
by Micah Fraim, CPA | Mar 5, 2018 | Business, Business Finance, Business Taxes
The recently passed business tax plan is the most comprehensive tax reform passed in three decades. As a business owner, here’s what you need to know:
by Micah Fraim, CPA | Feb 2, 2018 | Business Finance, Finance, Personal Finance
Siegel’s Paradox – Laws of Loss Recovery “We don’t know what it was but we had it We don’t where it went but we lost it And it may never come back again but I sure wish it would We don’t know what it was but it sure was good” – George...
by Micah Fraim, CPA | Dec 29, 2017 | Business Finance, Business Taxes, Cash Flow, Finance, Personal Finance, Personal Taxes, Taxes
Analysis of the Tax Cuts and Jobs Act (Trump/GOP Tax Plan) Congress recently passed the most comprehensive tax reform in three decades. And suddenly, I’m a popular guy. People who would normally cross to the other side of the street when seeing a CPA approaching them,...
by Micah Fraim, CPA | Mar 11, 2017 | Business, Business Finance, Cash Flow, Finance, Personal Finance
The ROI Multiplier: Debt “Debt can be a very good thing. The calculations are pretty simple. Some people just seem to think I’m lying to them with math.” – Me (Micah Fraim) – just now People hate debt. It is almost universally viewed as negative – and in many...
by Micah Fraim, CPA | Sep 12, 2016 | Business, Business Finance, Business Taxes, Cash Flow, Finance, General Business, Taxes
Fortune Teller Business Planning “I’ve gone into hundreds of [fortune-teller’s parlors], and have been told thousands of things, but nobody ever told me I was a policewoman getting ready to arrest her.” – NYC detective Small business owners are some of my favorite...
by Micah Fraim, CPA | Jan 2, 2016 | Business, Business Finance, Business Taxes, Cash Flow, Finance, General Business, Personal Taxes, Taxes
My Advice on MSN, Fit Small Business, SCORE, Trusted Choice, and Insureon Over the past month I have been featured on a number of different publications. I wanted to archive the links to them here for any readers of the blog: MSN Money asked me and some other tax...
by Micah Fraim, CPA | Sep 16, 2015 | Business, Business Finance, General Business, Marketing
My Advice on MyCorporation, CEO Blog Nation, Avalara, and CafeMom Over the past month I have been featured on a number of different publications. I wanted to archive the links to them here for any readers of the blog: MyCorporation asked me and other experts our...
by Micah Fraim, CPA | Jul 26, 2015 | Business, Business Finance, Business Taxes, Cash Flow, Finance, General Business, Marketing, Taxes
Bestselling Business Ebook! A few months ago I published The Little Big Small Business Book – a book of advice based on my years advising clients. I am excited to announce that The Little Big Small Business Book is now the #1 best selling book on Amazon in its...
by Micah Fraim, CPA | Jun 30, 2015 | Business, Business Finance, Business Taxes, Cash Flow, Finance, General Business, Marketing, Taxes
My FREE Small Business Success Ebook “” For the past several years I’ve been writing business and tax advice on this blog. I’m very pleased to announce that I have compiled these and other valuable pieces of small business advice into a book!...
by Micah Fraim, CPA | Feb 22, 2015 | Business, Business Finance, Business Taxes, Finance, General Business, Marketing, Taxes
“I try not to kid myself. You know, I don’t mind romancing someone else, but to fool yourself is pretty devastating and dangerous.” – Bill Veeck Hermann Göring was by any measure a horrible human being. During the Second World War he was the second in...
by Micah Fraim, CPA | Nov 17, 2014 | Business, Business Finance, Business Taxes, Personal Finance, Personal Taxes, Taxes
Do Not “Go to Sleep” This Winter “I wonder if the snow loves the trees and fields, that it kisses them so gently? And then it covers them up snug, you know, with a white quilt; and perhaps it says “Go to sleep, darlings, till the summer comes again.”...
by Micah Fraim, CPA | Aug 26, 2014 | Business Finance, Business Taxes
Deadline Approaching – Extended Corporate Returns This is just a reminder to everyone of two important deadlines on September 15th: All extended corporate returns are due 3rd quarter estimated tax payments are due As I mentioned in a previous article, the...
by Micah Fraim, CPA | May 19, 2014 | Business, Business Finance, Business Taxes, General Business
Business Efficiency – How to Avoid Troublesome “Kelp” “” “Sometimes I have a difficulty talking to people who don’t race sailboats.” – Bruno Gianelli That was one of my favorite lines from The West Wing, a show where the dialogue...
by Micah Fraim, CPA | Nov 25, 2013 | Business Finance, Business Taxes, General Business, Personal Finance, Personal Taxes
Personalized Financial Advice – An Outdated Concept? “” “Free advice is often overpriced.” — E. C. McKenzie In the age of the internet, it is increasingly easy to find advice and information on…pretty much every topic. I love it. If I want to find...
