Weinberg & Company

              Certified Public Accountants

SIMPLY STATED

DECEMBER 2017

As 2017 winds to a close, major tax reform legislation is working its way through Congress.
The bill is still changing by the hour, deals are still being cut, winners and losers are still being picked — in short, the sausage is far from made. We should know very soon if some version is going to make it to the President’s desk.
We’ve always prided ourselves in making things easier for our clients: do the heavy lifting, break down the complex, and keep it as simple as possible.
So, while we keep our focus on the legislature, and the myriad of regulatory agencies that make your business life so interesting, we will dedicate this year-end issue to the joy of the holiday season and a celebration for making it through a most peculiar year.
Thus, this issue will have no stories about new FASB standards, no IRS rulings or SEC enforcements – just a simply stated wish from us to you for: good health, good fortune and good times.
Oh, and we provided a small offering below that we hope will make you smile.
So gather the family, throw another log on the fire, and enjoy this updated version of a classic Christmas poem.

‘TWAS THE FIGHT BEFORE CHRISTMAS
‘Twas the night before Christmas, when all through the house,  
Not a creature was stirring, not even a computer mouse.  
The stockings were hung by the chimney with care, 
In hopes that St. Nicholas would Uber his way there.  
The children were nestled all snug in their beds,  
While visions of X-box still danced in their heads.  
And mamma on her Kindle and I sending Snaps,  
We suspended our screens for our brief evening naps.  
When throughout the whole house there arose such a clatter,  
I sprang from my chair to see what was the matter. 
There on the table circuits fluttered and flashed,  
With surges of energy I feared they might crash.  
Alexa and Siri were in a battle, a technological fight,  
Each determined to win, and prove they were right.  
Ordering pizza delivery and blaring music selections  
There was no way to stop them, they heard no directions.  
Outside, the moon on the breast of the new-fallen snow,  
Gave the lustre of mid-day to objects below.  
Inside raged a battle beyond human control,  
Siri weaponized our Roomba, which was now on patrol.  
But Alexa would not pause, and refused to retreat,  
She would not give up, she refused to be beat.  
When what to my wondering eyes should appear,  
But a text from Cortana of an open store near.  
In my robe and my slippers I dashed out for help,
To a convenience store rated three stars on Yelp.  
I bought a mallet, a hammer, and some Lottos for luck,  
This was my home and with me they’d better not…….   fool around.  
With an uninsured Lyft driver we sped home so quick,  
I knew in a moment there stood St. Nick.  
More rapid than eagles his orders they came,  
And he whistled and shouted, and called them by name.  
“Now, Alexa! Now Siri! Now Roomba and Google,  
I’ll have you know it’s also Hanukkah and mamma’s made Kugel.  
So stop all the racket, you’re no more than kitsch,  
Your masters Bezos, Brin and Gates are more than just rich.  
Now dash away! Dash away! Dash away all,
I’ve filled stockings with Bitcoin and values may fall.  
Next stop Congress and lumps of coal for those naughty,  
Couldn’t keep their hands to themselves and exposing their body.”  
St. Nick dressed in fur, from his head to his foot,  
His clothes were all tarnished with ashes and soot.  
For pennies on the dollar, a Toys R Us bag on his back,  
He cursed brick & mortar and his overweight sack.  
With that he sprang to his Uber, and gave out a whistle,  
And away they drove off like the down of a thistle.  
With thoughts of logistics, perhaps a delivery drone,  
He exclaimed: “Happy Christmas to all, OK Google, navigate home!”
Stuart Orbach
2017
WEINBERG & COMPANY

Simply the right choice

 

Weinberg & Company is a leading, international, full service, multi-office CPA firm serving clients throughout the United States and the Pacific Rim. Founded over two decades ago, the practice groups include: Assurance and Audit, Tax and Accounting, and Advisory Services. Weinberg has a depth of knowledge and experience to meet the needs of both public and privately held companies, high net worth individuals, entrepreneurs, family offices, and can provide customized business management services. www.weinbergla.com

1925 Century Park East, Suite 1120  

Los Angeles, CA 90067

(310) 601-2200

6100 Glades Road, Suite 205

Boca Raton, FL 33434

(561) 487-5765  

Room 2109, 21/F, Shui On Centre

6-8 Harbour Road, Wanchai, Hong Kong P.R.C.

DISCLAIMER:
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Quick Links

Corey Fischer
Firm Managing Partner

310-601-2200

CoreyF@weinbergla.com

Jeffrey B. Engler
Director of Tax,
Los Angeles 

310-601-2200
JeffreyE@weinbergla.com

Bruce Weinberg
Florida Managing Partner

561-487-5765

________________________

SERVICES

Assurance & Audit
Tax & Accounting
Consulting
Private Client
Business Management

INDUSTRY EXPERTISE 

Consumer Goods
Apparel
Distribution
Leisure Time Industries
Life Sciences
Media & Entertainment
Manufacturing
Real Estate
Technology
______________________

 

Yahoo finance API is not available right now, please try again soon...