Doug Stives

Interview with Doug Stives

Doug and Jim continue their series on how to read and understand your financial statements, with emphasis on the items typically found at bottom of the operating statement, such as other income and expenses like sale of assets, provision for taxes, and what to do with financial odds and ends on your operating statement. They move on to discuss how the Balance Sheet functions, plus how it connects to the operating statement.

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Doug Stives joins Jim Blasingame to discuss the reasons why the top tax bracket in the new tax bill for businesses should be the same for big and small businesses.
Doug Stives joins Jim Blasingame to explain why removing the state income tax deduction in the new tax bill won’t hurt that many taxpayers in states like New Jersey.
Doug Stives joins Jim Blasingame to report on the increase in HSAs because of Obamacare, plus a report on his recent trip to Greece.
Doug Stives joins Jim Blasingame to report on Section 127 which allows an employer to pay for education for employees without either paying taxes on the expense.
Doug Stives joins Jim Blasingame to report on why the financial statements of small businesses prove that they can’t afford an increase in minimum wage.