George Adams
Certified Public Accountant Master of Business Administration
Tel: (207) 989-2700 E-Mail: GeorgeAdams@IntelligenceForRent.com
450 South Main Street: The HQ of IQ
Brewer, Maine 04412-2339
©2015 Copyright George Adams CPA MBA. All Rights Reserved.
10-25-2011 Hits:7322 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?
Read more12-14-2011 Hits:7638 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?
Read more12-13-2011 Hits:6851 Company Analysis George Adams
Does it pay to fly dirty?
Read more12-13-2011 Hits:9080 Company Analysis George Adams
The largest elevator company in the world has to make some tough choices.
Read more12-27-2011 Hits:6415 Company Analysis George Adams
Crucial business decisions can benefit from the insights of combinatoric analysis.
Read more12-27-2011 Hits:6172 Company Analysis George Adams
The largest retailer in the world is getting too big to grow any further without new and better thinking.
Read more12-27-2011 Hits:6437 Company Analysis George Adams
Nobody doesn’t like Sara Lee, until the company started hating itself.
Read more12-27-2011 Hits:6894 Company Analysis George Adams
How can the most successful U.S. airline keep it up?
Read more12-28-2012 Hits:7578 Company Analysis George Adams
Energy is the ultimate question of our time: how do we get it, at what cost and what consequences?
Read more06-27-2024 Hits:897 Business Issue Analysis George Adams
We live in a corrupt era of history when more and more self-entitled people think they can sit around all day, eat chips, play video games, not work at all, and get paid big money.
Read more04-30-2024 Hits:1044 Business Issue Analysis George Adams
In these tumultuous times more and more people are buying and selling businesses. This phenomenon runs parallel to the recent buzzing market in residential real estate sales.
Read more02-06-2023 Hits:1748 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...
Read more01-04-2023 Hits:2115 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.
Read more02-07-2023 Hits:2435 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...
Read more10-31-2022 Hits:2450 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.
Read more09-06-2022 Hits:2777 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...
Read more07-29-2022 Hits:3197 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?
Read more05-30-2022 Hits:3091 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.
Read more02-26-2022 Hits:3637 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.
Read more01-12-2022 Hits:5178 Business Issue Analysis George Adams
Here are five key insights for residential and commercial landlords.
Read more01-10-2022 Hits:5124 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...
Read more01-07-2022 Hits:4818 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.
Read more01-05-2022 Hits:3541 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?
Read more12-15-2021 Hits:3445 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.
Read more12-31-2021 Hits:4876 Business Issue Analysis George Adams
True wealth requires the absence of certain things as well as an abundance of dollars.
Read more12-29-2021 Hits:5079 Business Issue Analysis George Adams
Mere money isn't enough: true stories of miserable millionaires.
Read more12-27-2021 Hits:5202 Business Issue Analysis George Adams
How to get ahead during difficult times.
Read more12-24-2021 Hits:4903 Business Issue Analysis George Adams
What if law and reason conflict?
Read more12-22-2021 Hits:4735 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
Read more12-20-2021 Hits:5031 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.
Read more12-17-2021 Hits:4973 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.
Read more12-06-2021 Hits:3473 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...
Read more04-19-2021 Hits:4501 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...
Read more04-06-2021 Hits:3933 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...
Read more05-21-2020 Hits:5460 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.
Read more11-25-2019 Hits:6128 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.
Read more01-13-2020 Hits:5477 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.
Read more01-13-2020 Hits:5140 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.
Read more01-13-2020 Hits:5162 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.
Read more01-13-2020 Hits:5349 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...
Read more01-12-2017 Hits:8783 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.
Read more02-21-2019 Hits:6440 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.
Read more02-27-2019 Hits:6398 Business Issue Analysis George Adams
The Kings of Keys have a new tax deduction starting in 2018
Read more08-09-2018 Hits:6667 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.
Read more06-23-2018 Hits:6921 Business Issue Analysis George Adams
The supreme Enemy of Mankind is an equation.
Read more06-15-2018 Hits:6396 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...
Read more05-30-2018 Hits:8135 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...
Read more05-30-2018 Hits:6849 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:
Read more05-30-2018 Hits:6518 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.
Read more05-30-2018 Hits:7805 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...
Read more05-30-2018 Hits:6588 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...
Read more12-31-2017 Hits:12984 Business Issue Analysis George Adams
The 2017 Tax Cuts and Jobs Act was signed into law on December 22, 2017 and represents the most significant change in tax law since 1987.
Read more11-09-2016 Hits:8510 Business Issue Analysis George Adams
This article is strictly non-political and explains how the billionaire Donald Trump legally avoided income taxes for many years.
Read more01-12-2017 Hits:8104 Business Issue Analysis George Adams
One phenomenon that began in the last few years in Central Maine is dark cars
Read more11-29-2015 Hits:9142 Business Issue Analysis George Adams
Once more it’s time to play another deep game of chess with the IRS. Are you ready? The clock is ticking....
Read more05-20-2012 Hits:16760 Business Issue Analysis George Adams
It can cost you a fortune if you choose the wrong entity for your business.
Read more10-25-2011 Hits:15254 Business Issue Analysis George Adams
Anyone can use Game Theory to try to get ahead. But sometimes there is a better, simpler strategy.
Read more10-31-2011 Hits:14620 Business Issue Analysis George Adams
The true and the obvious frequently differ, especially when it comes to assessing employee performance.
Read more11-30-2011 Hits:13531 Business Issue Analysis George Adams
Some employees take their work seriously while others don’t.
Read more11-30-2011 Hits:16222 Business Issue Analysis George Adams
Is teamwork the answer to every business problem?
Read more11-30-2011 Hits:16815 Business Issue Analysis George Adams
What does neuroscience have to say about the applicability of the team sports model to business collaboration?
Read more11-30-2011 Hits:14409 Business Issue Analysis George Adams
Is it really true that technical employees are just a bunch of nerds a company puts up with so its star sales people can make big profits?
Read more11-30-2011 Hits:15490 Business Issue Analysis George Adams
The power of goodwill to destroy the most successful companies.
Read more11-30-2011 Hits:18171 Business Issue Analysis George Adams
There is nothing new under the sun, until computers become smarter than the smartest person.
Read more11-30-2011 Hits:14548 Business Issue Analysis George Adams
A new take on the growing commodification of labor.
Read more06-05-2012 Hits:10492 Business Issue Analysis George Adams
The primary cliché of our profession of taxes and accounting is that every client is different.
Read more06-26-2013 Hits:10972 Business Issue Analysis George Adams
What you don't know may put you out of business.
Read more07-23-2013 Hits:10188 Business Issue Analysis George Adams
There are many reasons for having faith in a seed.
Read more09-05-2013 Hits:17017 Business Issue Analysis George Adams
Your journey to success will have many twists and turns. Here are important insights to guide you to success with your service business.
Read moreTourism and related businesses dominate the economy of Vacationland.
You may be the last line of defense for your non-profit organization.
The truth about cloud-based accounting and the dangers of bundling.
According to a January 2015 news release from the IRS, for the period 2011 – 2014 the tax agency stopped…
Business owners are the nucleus of their business, the center upon which everything else depends. It is frequently the case…
Are You Being Haunted By Them? If You Are It’s Costing You Money
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