About Richard
I was born in Great Falls, Montana while my father (Richard, Sr.) was stationed at Malmstrom Air Force Base. He was part of the Military Police at the missile silos located on the Base. My family returned to New Hampshire when I was nine months old and lived in the Lakes Region area finally settling in Belmont, NH with my mother (Carol) and twin brother and sister (Kevin and Kathy). My father took a job with the city of Lebanon, NH as their Chief Fire and Police dispatcher and we soon moved to the city. I graduated from Lebanon High School and was named captain of both the Math and Baseball teams during my senior year. I was given an academic scholarship to Marquette University in Milwaukee, Wisconsin and graduated with a Bachelor’s degree in Accounting. I live in Hartland, Vermont with my wife Kelly and daughters Nicole and Kristin. My family is my pride and joy and I try to spend as much time with them as possible (when not in tax season).
Business Philosophy
My business philosophy is boiled down into two maxims:
1) “Pigs get fat – hogs get slaughtered” – To me, this deals with the black and white issues in accounting and tax. I am in favor of being a pig, fat and happy, taking the available tax deductions and minimizing tax liability. Going into the black means being a hog and violating the rules. Hogs that do this eventually get slaughtered by some third party entity and end up paying the price in penalties and interests. In between the two is the gray area in which I assess risk to help businesses and individuals decide the best route for them.
2) “I do not let tax considerations override a solid financial decision” – Taxes are only a percentage of the profits that your business and/or individual tax returns report. If it makes sense to buy or sell, we look at the cash impact to you first while taking into account the tax ramifications. It is my goal to provide you with the knowledge to make the best decision for your situation.
1) “Pigs get fat – hogs get slaughtered” – To me, this deals with the black and white issues in accounting and tax. I am in favor of being a pig, fat and happy, taking the available tax deductions and minimizing tax liability. Going into the black means being a hog and violating the rules. Hogs that do this eventually get slaughtered by some third party entity and end up paying the price in penalties and interests. In between the two is the gray area in which I assess risk to help businesses and individuals decide the best route for them.
2) “I do not let tax considerations override a solid financial decision” – Taxes are only a percentage of the profits that your business and/or individual tax returns report. If it makes sense to buy or sell, we look at the cash impact to you first while taking into account the tax ramifications. It is my goal to provide you with the knowledge to make the best decision for your situation.
