Trust Us We're Professionals

Enron is one of the largest accounting frauds in U.S. history. Most of us remember that, but many of us don't understand the actual ways that Enron "cooked the books".

In our latest episode, our financial experts break down the accounting "fraud triangle" and how Enron got lost in it. 

Unfortunately, swindlers are everywhere. Their investment scams are often complex and seemingly "real". 

Fortunately, there are warning signs to look out for and tools to help identify these "Ponzi schemes".

In our latest podcast, our financial experts teach you how to be smart and safe with your investments and choosing your financial advisor. 

Knives Out showed us Daniel Craig's southern accent, a heck of a good time, and how estate planning typically involves a murder mystery plot.

Ok, only in Hollywood does estate planning involve a murder mystery plot. 

But, it did remind our financial experts of how many estates are poorly set up. In the latest Trust Us We're Professionals podcast, our financial experts dice up Knives Out and cut to the core of what estate planning should look like.

Most of us think Shark Tank is pretty entertaining. You get introduced to some cool (and ridiculous) new products, and learn a bit about business. And you get to see Mr. Wonderful...be himself. 

But how accurate is it really? Sometimes the valuations can be just as ridiculous as the products. How do some of these companies possibly think they are EVER worth that much?

Our experts dive in (pun intended) and examine all the business acumen being used in the "tank". 

Every day, people are faced with many tough "calls". Does one buy or rent? Is it time for a new job? Del Taco or Taco Bell? 

However, history has shown us one of the toughest calls, in the history of the universe, is the NFL "catch" rule. It sure looked like a catch...but the officials say no. Why is something so simple been made so complicated? 

Which got the financial experts at SSC CPAs + Advisors thinking. There is another set of rules that are just just as ambiguous; the not for profit rules on determining what is (and isn't) revenue. 

In this episode, we use the NFL catch rule to help explain the equally complicated process for determining revenue for NFP's. 

The official trailer for the Trust Us We're Professionals podcast. 

Licensed financial professionals Chris Underwood, Michele Hammann and Chris Kohart break down the infamous “tax write off” and how it's portrayed in shows like “Seinfeld”, “Schitt’s Creek” and “Young Sheldon”.

Are these shows even somewhat accurate? What are the craziest attempted tax deductions they've ever seen? What are some tax deductions that seem absurd...but are in fact legitimate. 

These questions (and more) are answered on the debut episode of the "Trust Us We're Professionals" podcast. 

Brought to you by your friends from SSC CPAs + Advisors.