Romeo Razi, CPA Nov 23rd 📛Unemployment just hit a four-year high So much for the "soft landing" fantasy that J Powell kept whispering (honestly, I almost feel bad for him... almost). To be fair, I can't say I'm shocked. J Powell has been moonlighting as a magician channeling his inner "David Copperfield': sleight of hand over here, missing jobs report over there. Here's what happened in plain English: the BOL (Bureau of Labor Statistics) says that unemployment is 4.4%. Sounds mild, until you...
13 days ago • 4 min read
Romeo Razi, CPA Nov 9th 🏚️First it was 40-year mortgages. Now it's 50. Nothing screams, "American Dream" like 6-decades of debt (just ask college students). The President has a solution to getting young people to buy homes. Stretch the mortgage until you qualify for Social Security. Our leader: Mr. Bold Strategies has come up with a plan that is like rearranging the chairs on the Titanic, but with shabby terms and higher closing costs. Back in 2006, they floated 40-year loans right before the...
27 days ago • 6 min read
Romeo Razi, CPA Nov 2nd 🏦The Fed cut rates again last week, and the reaction was "meh." Jerome Powell pulled the trigger one more time, slicing rates from 4.00% to 3.75%. Romeo, is this "Boo-yah"? Nope! Mr. Market responded like a kid with too many toys: unimpressed and still whining for more. Because no sooner had J‑Pow sat down to finish his sentence, Wall St. leaned in and whispered, “Daddy... December too, right?” Embracing his inner "Tall Paul" Volcker (minus the cigar and spine), he...
about 1 month ago • 5 min read
Romeo Razi, CPA Oct 19th 🕵Congress Passes the IRS Math Act Oh boy, your favorite topic: "Maths". If you believed that the IRS understood Maths, you'd be wrong. At least, that’s what Congress decided last week when they passed the Internal Revenue Service Math and Taxpayer Help Act of 2025 (a.k.a. the MATH Act.) So, what's this about Romeo? Picture this: you get a letter from the IRS saying something on your tax return “changed.” No explanation. No clue what line. Just vibes. You either send...
about 1 month ago • 5 min read
Romeo Razi, CPA Oct 19th 🎙️I went on my first podcast Your boy made it onto the airwaves Fame level: podcast-famous (mom’s super proud). Just dropped an episode with David Yu on the Jet Setting Wealth Advisory Podcast. David’s a wealth advisor who helps aviation pros keep more of their altitude (financially speaking). His crew invited me on to talk shop, and we went deep. We covered: ✈️ IRS audit triggers (what actually gets you flagged) 🕵️♂️ Life inside the IRS 📊 What business owners mess up...
about 2 months ago • 2 min read
Romeo Razi, CPA Oct 12th 🚨Government is still shutdown. They finally meant it.Washington stopped pretending to work, and just stopped. It’s been a week since the government decided to put the "Out-of-Office" sign up. But don’t get too excited. The circus may be closed, but the 🤡 clowns are still getting paid. Here’s your GOV Shutdown Roll Call: 🧾 IRS – Half the staff furloughed. ↳ Refunds? Delayed. ↳ Customer service? As dead as Caesar. ↳ Don't LIE! Some of you threw a party when you read...
about 2 months ago • 3 min read
Romeo Razi, CPA Oct 6th ⚠️ IRS Scam Alert ⚠️ Hello Everyone, It's that magical time of year again... When tax season ends, and scam season begins. Scammers are coming out of their basements, armed with Gmail addresses and bad grammar, pretending to be the IRS. Their goal? To scare you into handing over your money faster than Congress can approve another spending bill (which is normally pretty fast, but not when the gov't shut down.) 📮 Sample Email scam: An email from “IRSsecurity2025 @...
2 months ago • 3 min read
Romeo Razi, CPA Sept 28th 🫧 Mr. Market is looking bubbly Hello Everyone, Mr. Market feels....frothy. Enter: The Shiller PE Ratio (a.k.a. the CAPE ratio). But before we roll out the 🟥 red carpet for this Nobel Prize-winning metric, a quick detour into everyone’s favorite subject: ✨Maths!✨ Don't worry, not too much Maths (this will be low-calorie Maths.) Here's the simple stuff first: the standard P/E Ratio:🧮Price (P) ÷ Earnings per Share (E) = "is this stock expensive or nah?"It’s used to...
2 months ago • 3 min read
Romeo Razi, CPA Sept 21st 🚗 Auto Payment Deliquencies are Bananas! Hello Everyone, People aren't just missing their car payments, they are trying to give back the keys. I'm not taking about a few missed payments. I'm talking about people ghosting their auto payments like a bad Tinder date. This isn't just a blip, this is a blinking red light on the dashboard of the economy. Business lending has dried up. Credit card debt just hit an all-time high. Housing market? Flatter than a pancake. Do...
3 months ago • 2 min read