My name is Mark Goodfield. Welcome to The Blunt Bean Counter ™, a blog that shares my thoughts on income taxes, finance and the psychology of money. I am a Chartered Professional Accountant and a partner with a National Accounting Firm in Toronto. This blog is meant for everyone, but in particular for high net worth individuals and owners of private corporations. The views and opinions expressed in this blog are written solely in my personal capacity and cannot be attributed to the accounting firm with which I am affiliated. My posts are blunt, opinionated and even have a twist of humor/sarcasm. You've been warned. Please note the blog posts are time sensitive and subject to changes in legislation or law.

Monday, September 25, 2017

Let Me Tell You!

This summer I was considering ways to freshen up the blog and keep myself invigorated to write. My son and daughter suggested that in addition to the two or three tax/financial blogs I write each month I should consider writing a monthly editorial blog and title it “Let Me Tell You”. The title was suggested since as a blunt and somewhat opinionated person, I often give them mini topic lectures and always start with “Let Me Tell You”.

My kids thought “Let Me Tell You” would provide me a platform to speak my mind openly on a variety of topics. I loved the idea. However, upon reflection, as a partner in a National Accounting firm, I decided it is not best for my future career prospects to use my blog as a soapbox for my personal opinions, as some may not reflect my firm’s position on certain issues.

That being said, I am going to write a few blog posts under “Let Me Tell You” that delve into topics that may a bit more philosophical or life lessons as opposed to critical pieces (although I have an idea that may allow me to write a factual piece that in essence becomes an opinion piece). Your feedback will help me judge whether you find these pieces interesting or whether I should stick to the financial status quo.

Next Monday I’ll share with you in my first “Let Me Tell You” post, strategies I use to help me make engaging speeches, presentations and meetings.

This site provides general information on various tax issues and other matters. The information is not intended to constitute professional advice and may not be appropriate for a specific individual or fact situation. It is written by the author solely in their personal capacity and cannot be attributed to the accounting firm with which they are affiliated. It is not intended to constitute professional advice, and neither the author nor the firm with which the author is associated shall accept any liability in respect of any reliance on the information contained herein. Readers should always consult with their professional advisors in respect of their particular situation.

9 comments:

  1. Great idea Mark! I'm looking forward to the series --- and hope that others are too.

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    1. Hi Mark,
      Your articles are very interesting and informative. In your next article could you elaborate on a suggested income splitting strategy for an owner-manager in 2017? And would "income sprinkling" be a good plan for the owner-manager in 2018?
      Look forward to your thoughts on these.

      Thanks, Kim

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    2. Yes. I sent you an email with more details.

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    3. Hi Kim

      For 2018 if the proposals hold, income sprinkling is a bad idea as the new proposals were put in place to stop such. For 2017, we are waiting for clarity, but you should speak to your accountant about the options. The general consensus is to maximize income splitting to a reasonable level in 2017

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  2. Well, let me tell you...I'm looking forward to that. :-)

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  3. I just stumbled upon your blog...and really happy that I did! But now I have a lot of back posts to explore and reading to do.

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