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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 Dec 1st, 📊Tax planning time Man, did 2025 fly by fast. The Fed finally cut rates (a few times), AI’s coming for your job (maybe), consumer debt hit an all-time high, and you still don’t know what “6 7” means. (Honestly, I'm scared to know what the kids are up to) 😤Meanwhile, the IRS? Doesn't care.🏛️Tax Day is still April 15th. So, before you get drunk 🍾 off Uncle Smitty's eggnog, and blackout on all those Amazon returns you will be making, let's talk tax strategies. Here are 6...
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...
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...