Hong Kong: A local’s take on the great city
Questions and Answers with Vivienne Lau, SPS Staff Accountant Q. What do you miss most about living in Hong Kong? A. I miss the liveliness. Hong Kong is a small but very densely populated city, just like New York. Hong Kong has a population of nearly seven million and most take public transportation to get around. There are a lot…
Read More »Loan Crisis? Not if you have good credit and are a client of SPS
How our special relationship with City National Bank benefits you Listening to the media about the crisis in the loan industry would leave anyone thinking it is virtually impossible to get a good loan these days. Whether that's true or not for the general public, it isn't for those with good credit, and those who are clients of Sobul, Primes…
Read More »Exercising judgment, not fingers
Elegant technology solutions with David Primes, Shareholder with an emphasis in technology As many of you may know, David Primes has a passion for technology. He is always looking forward out of genuine fascination with innovation, but also to deliver on the Sobul, Primes & Schenkel promise of providing peace of mind to our clients. If you ask David where…
Read More »The Water Buffalo Club
Thoughts from Rick Schenkel, immediate past president This is our nineteenth year helping local children's charities. Our objective is simple: to help out underprivileged children in the Los Angeles area, and have fun doing it. Since our inception, we have supported over 100 charitable organizations that service children and their families, literally touching the lives of thousands of Los Angeles…
Read More »A Magical Villa, the Thinnest Crust
Secret pleasures on the Isle of Capri Normally, we would share a story here about global accounting issues. But, sometimes it is just too irresistible to share something a little more personal. As many of you know, Rick Schenkel is a dedicated lover of Italian cuisine, wines and culture. Here is one of his favorite destinations. If you journey to…
Read More »The #1 Challenge: Attracting & Keeping Great Staff
Attracting and keeping great people is the number one challenge facing accounting firms today. Actually, if you ask almost any business owner, he or she will say their people are their most important asset. As a firm, we put a lot of emphasis on this challenge. As you may have seen in our last newsletter, most of the partners and…
Read More »Leave The Accounting To Us
Expansion of the Business Management Department Imagine a nurse practitioner being asked to perform brain surgery. It wouldn't be fair to her and probably wouldn't lend a lot of confidence to the patient. That's what it can be like when small internal accounting departments or bookkeepers are asked to manage every financial aspect of a business entity. In these situations…
Read More »Spotlight on Retirement Plans
What you need to know about recent law changes and creative retirement plan strategies By Dick Kaplan, Benefit Planning, Inc. When businesses are highly profitable, retirement plans should be considered because these plans can have a dramatic impact on your tax bill. I know from working with SPS over the years that many of their clients have very successful businesses…
Read More »The World Meets at Bellagio
The 49th Annual Meeting of CPA Associates International They came from Sydney, Tokyo, London, Milan, Toronto, Mexico City and just about every corner of the United States. The one thing that everyone had in common was membership in CPA Associates International, the organization that gives SPS clients global representation. Most of the SPS partners and their wives were there, building…
Read More »Celebrating our Silver Anniversary
Yet Still Looking Pretty Good As some of you might know, we just completed our twenty fifth year and are poised for big things ahead. We started strong with a bold move by Steve Sobul to form a new firm, and have spent the last quarter century building a team with the experience, knowledge and enthusiasm needed to help our…
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