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Richard Goldstein is a partner at Buchbinder Tunick & Company LLP, New York, Certified Public Accountants.

Stories by Richard Goldstein

•	Value Pricing in the PR Profession (Financial Management) Fri., Jul. 6, 2018 The value that a PR agency’s services provide is a variable that's often missing from agencies’ billing process. (4 reader comments)

•	Making an Adequate Profit in the Agency Business (Financial Management) Wed., Jun. 20, 2018 Factors to be should be considered for maintaining adequate agency profitability.

•	Independent or Employed? (Financial Management) Tue., May 22, 2018 With the rise of independent contractors in the new, shared economy, distinctions between employees and contractors are increasingly blurred these days, especially at PR firms.

•	Investing in Real Estate (Financial Management) Tue., Apr. 24, 2018 Some PR pros are investing in real estate, but many don’t understand the tax rules that go along with the investment.

•	IRS Guidance on Home Equity Debt and the Pass-Through Deduction (Financial Management) Wed., Feb. 28, 2018 How home equity debt and the IRS's new “20 percent deduction” will be applied under the Tax Cuts and Jobs Act.

•	2018 Tax Changes for PR Owners and Their Agencies (Financial Management) Thu., Jan. 25, 2018 The “Tax Cuts and Jobs Act” will impact PR agency owners personally as well as their agencies.

•	Did the GOP Cut Taxes? (Financial Management) Wed., Dec. 27, 2017 A discussion of the most pressing policy issues behind Congress’ recent tax overhaul. (1 reader comment)

•	Understanding Your Investments (Financial Management) Mon., Nov. 27, 2017 The tax costs associated with various types of investments, and why you should be aware of them when considering an investment.

•	Talking Taxes in 2017 (Financial Management) Tue., Oct. 3, 2017 What we might expect from Congress’ proposed new tax framework.

•	Obtaining Higher Profitability in the PR Industry (Financial Management) Wed., Jul. 26, 2017 Why the current profitability benchmark in the PR industry remains a bar set far too low. (2 reader comments)

•	Safe Harbor Plans and Best Practices in the PR Profession (Financial Management) Wed., Jun. 21, 2017 Two areas of vast importance for the PR profession: safe harbor retirement plans and best practices for the industry.

•	Limiting Risk on Loan Guarantees (Financial Management) Wed., Apr. 26, 2017 A primer on personal loan guarantees, a fundamental financial reality that will likely affect most PR firms at one time or another.

•	Managing for Prosperity and Success in 2017 and Beyond (Part II) (Financial Management) Tue., Feb. 28, 2017 Fundamental factors executives need to develop a business plan and be successful in managing a PR firm.

•	Managing for Prosperity and Success in 2017 and Beyond (Part I) (Financial Management) Fri., Dec. 9, 2016 Al Croft, in a 2002 newsletter, offered his advice on applying basic business strategies. Fifteen years later, his words still ring true.

•	Taxes and Identity Theft (Financial Management) Tue., Nov. 29, 2016 A rise in identity theft and the ability to hack into computers has resulted in more personal income tax returns being rejected as “already filed” than ever before.