Volunteer Day 2010
The day the office went dark and we went on a mission June 18, 2010 was an important date for SPS. Our entire staff took an early lunch before we closed the offices. You may wonder if this was a wise thing for a vibrant firm like SPS to do, but it is historically a quiet time of year and…
Read More »Global Corporate Accounting Fraud Up Sharply
PricewaterhouseCoopers (PwC) recently published a global survey with some interesting results regarding global corporate accounting fraud. Those of you investing or conducting business either globally or domestically might be interested in their findings. Jeff Cameron, our expert in this field puts it this way, “Accounting fraud consists of both fraudulent financial reporting (where the company’s lenders and investors are the…
Read More »Harnessing the Horsepower
The SPS Business Management story plays to a horse crowd in Kentucky As some of you may know, Valerie Chamberlain of our Business Management department is an avid equestrian…she just loves horses. Valerie joined a new organization, Women’s Horse Industry Association, and had the opportunity recently to attend a conference in Louisville, KY. Not only was she able to keep…
Read More »Newsflash – California Tax Matters
January 14, 2010 Dear Clients and Friends: CALIFORNIA TAX MATTERS Over the past year, California has been very active in the tax area. We want to make sure you are aware of your opportunities and obligations with respect to some of these most recent activities. The majority of these activities were spurred by the state’s fiscal budget crisis. There are…
Read More »Water Buffalo Club’s 20th Birthday Bash
“Standing in front of the room and leading a group in a giving situation that leads directly to such an amazing result was a wonderful opportunity for me.” That’s how Rick Schenkel describes what it was like to emcee the Water Buffalo Club’s (WBC) 20th Birthday celebration to raise funds for needy children in the Los Angeles area. There they…
Read More »A Good Time to Consider a Roth IRA Conversion
For those of you with traditional IRAs, this may be a good time to consider rolling over all or part of your IRA assets into a Roth IRA. Of course, this is a decision we would like to help you with, and it is something many of our clients should consider due to some important rule changes. The most important…
Read More »A Heavenly Night
Depending on when you read this, you may still have a chance to attend a very special evening, Cosmic Conjunction, or at least become aware of the good work of FOTO, Friends Of The Observatory. Our very own David Primes is currently President. Cosmic Conjunction is part of the Griffith Observatory’s celebration of the 400th anniversary of Galileo having first…
Read More »A Friendly Face Out in Cyberspace
SPS is always looking for new ways to communicate better. Given the firm’s commitment to technology that increases productivity and the fact that David Primes is a leader in business-related technology, getting better established in cyberspace is a natural. To start with, if you haven’t yet, please take a look at our website: sobulprimesandschenkel.com. You’ll see a complete facelift to…
Read More »The Maltese Connection
Though this may sound like the latest espionage thriller, it’s actually an example of how SPS’s affiliation with CPA Associates International (CPAAI) delivers a powerful, global reach for our clients. You can learn more about CPAAI at our website: sobulprimesandschenkel.com But, back to Malta. As you may know, Malta is an island nation of some 400,000 residents that lies about…
Read More »Year-End Tax Planning
Being proactive eliminates surprises and optimizes results A few thoughts from Steve Levitt, shareholder with emphasis on taxation As we approach the final quarter of 2009, it is time to consider year-end tax planning strategies. While tax planning is a year-round measure, it is a good idea to summarize your tax position before year-end. Doing so allows you to: Understand…
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