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 | Feb 19, 2018 | Personal Finance, Taxes
20 numbers, facts, and tips every self-employed American needs 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 | Sep 25, 2017 | Business, Cash Flow, General Business, Marketing, Personal Finance
Willful Ignorance: The Pitfall of Purchasing Double Standards “Everyone loves a witch hunt as long as it’s someone else’s witch being hunted.” ― Walter Kirn Every single one of us is guilty of some kind of hypocrisy. Try as we might to avoid double...
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 | Nov 29, 2016 | Cash Flow, Finance, General Business, Personal Finance
Gold: The Fallacy of “Safe” Investments – I am far from an investment expert – and I’ve never tried to be one. I’ve always contended that a financial advisor has a very different skillset than an accountant – and that those who try to be both are...
by Micah Fraim, CPA | Jan 11, 2016 | Personal Finance, Taxes
“Money is an opportunity for happiness, but it is an opportunity that people routinely squander because the things they think will make them happy often don’t”- EW Dunn Graduating from college is one of the most significant life achievements in many...
by Micah Fraim, CPA | Nov 16, 2015 | Cash Flow, General Business, Personal Finance
Are MLMs Scams? “An extraordinary claim requires extraordinary proof.” – Marcello Truzzi Everyone who is involved in Multi-level Marketing (MLM) will espouse the wealth and wonders it can bring to your life…but somehow those results are not readily visible...
by Micah Fraim, CPA | Sep 2, 2015 | Personal Finance, Personal Taxes
WDBJ Tragedy – Watch Out For Charity Scammers “Smiling faces, smiling faces sometimes They don’t tell the truth Smiling faces, smiling faces Tell lies and I got proof… I’m telling you beware, beware of the handshake That hides the snake… Don’t let...
by Micah Fraim, CPA | Jun 15, 2015 | Finance, Personal Finance
Billcutterz Review “Everything is negotiable. Whether or not the negotiation is easy is another thing.” – Carrie Fisher I normally don’t write product reviews, but this one excited me. Most of us know that we can speak to some service providers to...
by Micah Fraim, CPA | Apr 9, 2015 | Business Taxes, Personal Finance, Taxes
SPECIAL FREE SERVICE — DEADLINE — EXTENSIONS Read on for information about tax deadlines and how extensions work. But first let me note that I am offering a special free service to assist those who need a little more time to get their tax returns...
by Micah Fraim, CPA | Dec 29, 2014 | Finance, Personal Finance
Paying Off Mortgage Quickly? Not So Fast! “Debt is the slavery of the free.” – Publilius Syrus I used that same quote last year for an article on excessive corporate debt – highlighting how burdensome and crippling excessive debt can become to a business. I did note...
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 1, 2014 | General Business, Personal Finance
Virginia Sales Tax Holiday – Back to School Items This weekend – August 1-3, 2014 – is a Virginia sales tax “holiday” for a long list of “back to school” type items. This applies whether a person is in school or not. The...
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...
by Micah Fraim, CPA | Nov 23, 2013 | Business Finance, General Business, Personal Finance
In All Things Balance Originally published November 11, 2013: “” “Necessity is not an established fact, but an interpretation” – Friedrich Nietzsche I love my job. As dry as accounting seems, I find it fascinating. You get insight into a...
