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A weekly newsletter for people who want to understand money without needing therapy afterward. I cover accounting, tax, and finance the way they should be taught. Simple, sharp, and with a sense of humor. If knowledge is power, this one’s your caffeine shot.
Romeo Razi, CPA June 7th 🤖AI, AI, AI, everywhere! 🧠 AI is everywhere, I know because I myself have fallen victim to the Nouveau-Développeur syndrome, a.k.a. Vibe Coding (more on that later). And I'm not the only one. Wall Street aficionados keep asking, "if your company isn't leading with AI, do you even have a company?" 🎰 To me, this whole AI-thing is reminiscent of the late 90s dot com boom-and-bust, and all the big AI companies are all going for the IPO-jugular. Anthropic (who created the...
Romeo Razi, CPA May 18th 🏠I'm back, so what happened while I was gone? I know that I'm late with my newsletter, but that's because I was on vacation (more on that later). In the meantime, here's what's been going on: 🧾Tax Updates: ↳📝 If you claimed the "No Tax on Tips", the IRS is looking. Only certain industries get the tax break (i.e. servers and baristas are a Yay! Accountants and lawyers are a Nay!). So, if you weren't supposed to get the tax break, and you took it, you may get a letter...
Romeo Razi, CPA April 22nd 💵Tax Season's over Doom's day is behind us, and hopefully you filed your taxes on time (or filed an extension). As you can imagine, I'm thrilled but there are a few out there that dread taxes so much that they manage to not file (you know, like forgetting to change your oil.) I made video for those who forgot (cough, cough🤧) to file or extend their taxes. Kwong vs USA. We win, IRS Losses...for now A federal court just hammered the IRS, that they shouldn't have...