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All business cases and some business issue articles presented below received a grade of A or A+ from my professors in graduate school. The remaining business issue articles were ungraded because I wrote them after finishing graduate school.

Business Cases:

Nucor Steel: Into the Storm

10-25-2011 Hits:6921 Company Analysis George Adams

One of the largest steel companies in the U.S.had a forty year track record of unbroken profitability until 2009. How can Nucor succeed in a tougher, harsher climate?

RITZ-CARLTON (Circa 2008)

12-14-2011 Hits:7340 Company Analysis George Adams

The business strategy of luxury with a human face requires both popularity and exclusivity. How can Ritz-Carlton master this apparent contradiction?

SAS Company Analysis (Circa 1995)

12-13-2011 Hits:6539 Company Analysis George Adams

Does it pay to fly dirty?

Otis Elevator (Circa 2004)

12-13-2011 Hits:8795 Company Analysis George Adams

The largest elevator company in the world has to make some tough choices.

Vertex Company Analysis (Circa 2003)

12-27-2011 Hits:6147 Company Analysis George Adams

Crucial business decisions can benefit from the insights of combinatoric analysis.

Walmart Company Analysis (Circa 2003)

12-27-2011 Hits:5925 Company Analysis George Adams

The largest retailer in the world is getting too big to grow any further without new and better thinking.

Sara Lee Corporation (Circa 2008)

12-27-2011 Hits:6121 Company Analysis George Adams

Nobody doesn’t like Sara Lee, until the company started hating itself.

Southwest Airlines (Circa 2010)

12-27-2011 Hits:6633 Company Analysis George Adams

How can the most successful U.S. airline keep it up?

The Power to Save the World: Fusion, the Unknown Ideal

12-28-2012 Hits:7291 Company Analysis George Adams

Energy is the ultimate question of our time: how do we get it, at what cost and what consequences?

Business Issues:

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TAX TIME 2024

02-06-2023 Hits:1070 Business Issue Analysis George Adams

Tax Time 2024 is upon us and officially began on January 29, 2024. For Maine residents personal returns for 2023 will be due on Wednesday, April 17, 2024. Business tax returns for corporations, multimember LLC's, and partnerships will be due...

Business Tax Organizer

01-04-2023 Hits:1507 Business Issue Analysis George Adams

Not everyone needs QuickBooks to keep track of business revenue and expenses. Smaller business owners can get by perfectly fine with a paper-based record-keeping system.

DRESS FOR SUCCESS

02-07-2023 Hits:1403 Business Issue Analysis George Adams

During the Covid pandemic many office employees started working from home in their pajamas. There was less need to shave, dress in appropriate business attire, fix your hair, and comply with generally recognized sartorial standards. That era is coming...

IRS ADJUSTS PAYROLL WITHHOLDING TABLES BECAUSE OF RAMPANT INFLATION

10-31-2022 Hits:1858 Business Issue Analysis George Adams

We Now Have the Highest Inflation in 40 Years. Almost everyone knows our economy is suffering from historic levels of inflation. Food and gas especially have gone up significantly in price.

FEAR OF ROUNDING

09-06-2022 Hits:2152 Business Issue Analysis George Adams

Fear takes many forms and there are literally thousands of phobias out there. Mental health professionals assign various technical names to these very real phobias, such as 'agoraphobia' for people who are afraid of open spaces, 'hydrophobia' for those...

HOME EQUITY THEFT

07-29-2022 Hits:2576 Business Issue Analysis George Adams

What happens if you don't pay your property taxes? What if adverse, even tragic, personal circumstances make it impossible for a home owner to pay property taxes due?

TAX VERSUS RISK

05-30-2022 Hits:2489 Business Issue Analysis George Adams

Everyone knows that tax returns are all about taxes and people focus on the all important number: Tax. But this is a simplistic perspective that is only half true.

CAN THE GOVERNMENT SEIZE YOUR MONEY?

02-26-2022 Hits:2990 Business Issue Analysis George Adams

In February, 2022 the far-left Prime Minister of Canada, Justin Trudeau, declared a state of emergency and invoked powers normally reserved for war time conditions.

Key Income Tax Rules and Opportunities for Landlords

01-12-2022 Hits:4528 Business Issue Analysis George Adams

Here are five key insights for residential and commercial landlords.

Where's the Money?

01-10-2022 Hits:4504 Business Issue Analysis George Adams

Your business checking account is overdrawn. Payroll is due tomorrow. You feel flat, busted broke. But your accountant tells you that your business made a profit of $50,000 and you are going to owe thousands of dollars in taxes to...

The Check Is In the Mail: What to do When Customers Don't Pay

01-07-2022 Hits:4209 Business Issue Analysis George Adams

Are your customers pretending your business is a bank that gives free loans? Here's what you can do to deal with collection issues.

How to Stop Bullying by Banks

01-05-2022 Hits:3248 Business Issue Analysis George Adams

Bankers routinely want copies of your tax returns to prove you can continue to pay on an existing loan. But what if your banker is worse to deal with than the IRS?

THINK OR DIE

12-15-2021 Hits:2826 Business Issue Analysis George Adams

Here stands a besieged fortress of pure reason in a world gone mad. Here, a community of fifty brave scientists defies the very worst that Nature can do in order to seek knowledge and truth.

Personal Financial Planning Part III: True Wealth

12-31-2021 Hits:4272 Business Issue Analysis George Adams

True wealth requires the absence of certain things as well as an abundance of dollars.

Personal Financial Planning Part II: Miserable Millionaires

12-29-2021 Hits:4466 Business Issue Analysis George Adams

Mere money isn't enough: true stories of miserable millionaires.

Personal Financial Planning Part I: The Access Code to Success is 21100

12-27-2021 Hits:4600 Business Issue Analysis George Adams

How to get ahead during difficult times.

The Code Enforcement Gestapo

12-24-2021 Hits:4286 Business Issue Analysis George Adams

What if law and reason conflict?

Small Business Beware: The Maine Dept. of Labor is Coming After You

12-22-2021 Hits:4145 Business Issue Analysis George Adams

Are you at risk of a Maine unemployment tax audit? This article discusses risk factors and what you can do to prevent an audit in the first place

Seller's Remorse

12-20-2021 Hits:4403 Business Issue Analysis George Adams

Thinking about selling your business? You have one chance to get this transaction right. Here are some important things to consider before you sell.

The Five Equations Every Business Owner Must Know

12-17-2021 Hits:4353 Business Issue Analysis George Adams

Don’t let the title fool you. Here is a very non-mathematical and easy- to-read article which has five key insights on how to make your business win in the real world.

CAN YOU DEDUCT YOUR DOG

12-06-2021 Hits:2827 Business Issue Analysis George Adams

This is a question I am asked over and over again by many clients. So here in this article I'm finally going to provide a comprehensive answer that addresses various circumstances. Federal income tax law is ridiculously complex and the...

CHAOS IN D.C.

04-19-2021 Hits:3876 Business Issue Analysis George Adams

Tax Season 2021 is the worst in decades because of the many, many retroactive tax law changes spewing from D.C. This article will summarize key changes, which may force many taxpayers who already filed their taxes in February or early...

THE SOCIETY OF FRIENDLY NUMBERS

04-06-2021 Hits:3341 Business Issue Analysis George Adams

Once upon a time there was a Society of Friendly Numbers, a Maine non-profit organization that truly believed that unfriendly numbers were the primary source of human misery and grief. Members of the Society were certain that language creates...

PANDEMIC PANDEMONIUM

05-21-2020 Hits:4816 Business Issue Analysis George Adams

During the current Coronavirus global pandemic societies everywhere are confronting a stark choice between minimizing the harm caused by the virus and minimizing the harm caused by lockdowns and stay-at-home orders.

KEY INSIGHTS AND RECOMMENDATIONS FOR HOMEOWNER ASSOCIATIONS

11-25-2019 Hits:5505 Business Issue Analysis George Adams

Most homeowner associations hold their annual meetings in December. This article is intended to offer constructive suggestions and general advice.

IF YOU CAN'T TRUST A PROFESSIONAL YOU CAN'T BE A CLIENT

01-13-2020 Hits:4867 Business Issue Analysis George Adams

Trust is the universal foundation of all enduring relationships, including the business relationships clients have with professionals in all industries.

WHEN SHOULD YOU CLAIM SOCIAL SECURITY BENEFITS?

01-13-2020 Hits:4540 Business Issue Analysis George Adams

One of the most important considerations for maximizing social security benefits is to make a wise choice on when to start claiming.

FAILURE TO FILE TAX RETURNS

01-13-2020 Hits:4547 Business Issue Analysis George Adams

In my career I've helped many people who have fallen behind in filing tax returns. Failure to file can occur for many reasons, including personal tragedies, divorce, medical issues, etc.

LIKE KIND EXCHANGES

01-13-2020 Hits:4745 Business Issue Analysis George Adams

IRC Section 1031 allows taxpayers to exchange like-kind business and investment real estate tax free. Under the new tax law that took effect on January 1, 2018 personal property and intangible assets no longer qualify for a tax free like...

WHAT RECORDS SHOULD YOU GIVE YOUR ACCOUNTANT?

01-12-2017 Hits:8201 Business Issue Analysis George Adams

For many people it's not obvious what records and information their accountant needs. This article will discuss the most important information your accountant must know when it's time to do your taxes.

A MASSIVE TIDAL WAVE OF HIGHER LABOR COSTS IS COMING TO MAINE

02-21-2019 Hits:5833 Business Issue Analysis George Adams

One of my duties as an accountant is to warn people and small business owners of major economic changes. In 2016 a public referendum to increase Maine's minimum wage passed by a slim majority.

THE NEW QUALIFIED BUSINESS INCOME DEDUCTION FOR LANDLORDS

02-27-2019 Hits:5758 Business Issue Analysis George Adams

The Kings of Keys have a new tax deduction starting in 2018

SELLER FINANCING: WHAT YOU NEED TO KNOW

08-09-2018 Hits:6054 Business Issue Analysis George Adams

Trying to sell or buy a business or commercial real estate? If you are the biggest obstacle you will encounter is financing.

WHY THINGS GO WRONG

06-23-2018 Hits:6318 Business Issue Analysis George Adams

The supreme Enemy of Mankind is an equation.

WATCH YOUR MAIL

06-15-2018 Hits:5789 Business Issue Analysis George Adams

It is an unfortunate fact that many people and businesses treat administrative tasks like opening up mail as a nuisance. When people get busy with substantive work and the distracting events of life these seeming nuisance tasks get neglected, leading...

MEASURING EMPLOYEE WORTH

05-30-2018 Hits:7229 Business Issue Analysis George Adams

The job market today is tough and highly competitive. The first concern of many employees is to just hold onto their job. Labor force mobility (workers quitting one job to begin another) is at an all-time low. But all workers...

SMART MID-YEAR TAX MOVES

05-30-2018 Hits:6233 Business Issue Analysis George Adams

Mid-year and mid-summer arrive on schedule every June 30th or so. Here are some smart tax moves you should consider in order to avoid a nasty 'April surprise' next year:

PLANNING FOR THE UNEXPECTED

05-30-2018 Hits:5907 Business Issue Analysis George Adams

Anyone who owns anything of value needs three things to document their intentions and protect their interests. These three critical documents are a will, a durable power of attorney and a living trust.

MAINE OPPORTUNITY CREDIT

05-30-2018 Hits:7157 Business Issue Analysis George Adams

One of the most generous and most overlooked Maine income tax credits is the so-called Credit for Educational Opportunity. In my experience few accountants and even fewer clients are aware of its existence. The credit is intended to reward college-educated...

UNUSUAL TAX RULES

05-30-2018 Hits:5981 Business Issue Analysis George Adams

The tax law is a strange hybrid containing many obscure rules, exceptions to the exceptions, and deeply counter-intuitive definitions. Buried in the clutter of what Congress created is opportunity. Finding useful opportunities in the tax law is like digging through...

CLOUDY, WITH A CHANCE OF PAIN
The truth about cloud-based accounting and the dangers of bundling.
TAX RETURN FRAUD IS RAMPANT
According to a January 2015 news release from the IRS, for the period 2011 – 2014 the tax agency stopped…
GEORGE'S POWER BREAKFAST
Business owners are the nucleus of their business, the center upon which everything else depends. It is frequently the case…
GHOST ASSETS
Are You Being Haunted By Them? If You Are It’s Costing You Money

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