Author Archives: Geoffrey

About Geoffrey

Geoff is the partner who leads Sterck Kulik O'Neill's administration and applied technology practices. He also works on tax, business development, and general accounting issues. He holds a Bachelor of Science degree in physics from Harvey Mudd College. Geoff's scientific methodology training aids him in helping clients use technology to meet their accounting and business development needs. He joined the firm in 1986.

CPA’s Are Terrible at This

Posted on March 20, 2012 by Geoffrey

This time of year Certified Public Accountants and other tax preparers are frequently asked to help someone with their tax return.  The person says that they have completed the return themselves, and they just have a few questions — or … Continue reading →

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The Timeshare Loss Isn’t Deductible,… Sorry!

Posted on January 11, 2012 by Geoffrey

Our client bought a timeshare interest in snazzy new ski resort by Lake Tahoe a few years ago.  He had the right to use it 1/4 of the year, and enjoyed staying in his own place when he went to … Continue reading →

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Incorporate Your LLC in Nevada and Avoid Paying Taxes

Posted on October 23, 2011 by Geoffrey

Nevada has no franchise tax,  no corporate income tax, and no personal income tax.  It’s near the large markets of California.  It sounds like a perfect state to incorporate your business in. Unfortunately, incorporating in Nevada isn’t going to make … Continue reading →

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What to do About the Bank of America’s New Debit Card Charge

Posted on October 3, 2011 by Geoffrey

The Bank of America says that in 2012 it is going to start charging $60 a year if people want to use their debit cards for purchases. What should you do? The answer is easy: don’t use a debit card … Continue reading →

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The Worst and Best Things to Do When the IRS Writes

Posted on September 28, 2011 by Geoffrey

A lot of people are coming into our office this year because they’ve been contacted by the IRS and they want help. Many new clients have assumed that they’re being audited by the IRS as soon as they saw the … Continue reading →

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