Matter & Substance

Thoughts from our industry
to help Businesses and Individuals

August 26, 2014

Future Looks Bright

In my experience, too many people seem down about the future; worried about things not being as good as they have been in the past. At Mowery & Schoenfeld, with more than half of our staff born after 1980,...

August 19, 2014

Focus on Your Strengths

Character Harry Callahan, played by Clint Eastwood in the movie Magnum Force, so famously said, “A man’s got to know his limitations.” After reading the book StrengthsFinder by Tom Rath, supported by The Gallup Organization, I’d like to modify...

August 5, 2014

A True Vacation

I recently returned from the longest vacation I’ve taken since we started the firm 18 years ago. I was gone two full weeks traveling to Italy, Greece and Turkey. It was amazing! I’m one of those vacationers that generally...

July 21, 2014

Every Business Owner’s Greatest Fear

It’s an unfortunate truth; many business owners worry their employees may be stealing from the business. With this thought, two questions tend to linger: “How much are they stealing?” and “What, if anything, should I do about it?” Generally...

July 10, 2014

Two Articles Highlighting 2014 Deadlines

This week my blog includes two articles written by Michael Deering, our Director of Taxes at Mowery & Schoenfeld. The articles cover information regarding two important deadlines in 2014. The first article covers the estate tax return extension to...

June 23, 2014

The Big Squeeze

Every business faces “The Big Squeeze.” It is a phrase I use to describe a condition that affects virtually every business. The net income of a business is continually challenged. Maintaining and increasing revenue is critical to long-term success....

June 11, 2014

Lost Clients

A “lost” client is often a misnomer applied when a client or customer is no longer using you or your services. You didn’t “lose” the client – they are not like a towel you left at the beach. You...

June 5, 2014

Why Do CPA Firms Merge?

Mowery & Schoenfeld has merged/acquired three certified public accounting (CPA) firms in the last five years. We are very happy with our decisions. Our industry is in the midst of a wave of consolidation. So why do CPA firms...

May 29, 2014

Book Review by Jeff Mowery: “Start With Why” by Simon Sinek

“Start With Why: How Great Leaders Inspire Everyone to Take Action” was Simon Sinek’s first effort and was written in 2009. I recently discovered it and thought it would be helpful for entrepreneurs. This book is based on what...

May 13, 2014

Leading a Business Through Ebbs and Flows

As the managing partner of an accounting firm, leading a business through ebbs and flows ranks very high on my priority list – EVERY year. January through April are unmistakably exciting times in a CPA firm and a key...

April 29, 2014

The United States Transportation System: Our Huge Advantage

The United States enjoys a huge competitive advantage among other nations due to our transportation system. No country in the world has a system like that of the United States which combines geography and constructed assets. The Mississippi River...

April 23, 2014

Thinking of Changing Your Residence for Tax Purposes? There are Many Considerations.

The increase in Illinois tax rates was supposed to be temporary but now it appears headed towards permanence. There are proposals to change Illinois tax rates to graduated tax rates instead of the current flat tax rate system. An...

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Matter & Substance

Thoughts from our industry to help Businesses and Individuals

Thoughts from our industry
to help Businesses and Individuals