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City program to help small businesses
QUESTION
Asked by ” ”
What could be some consequences and alternative actions…..?
Robert is a managing partner of an Accounting firm that has 15 employees. One day, Robert learns that New York City has started a program to help small businesses. The program provides tax breaks and other benefits for Manhattan-based businesses that have fewer than 15 full-time employees. Since Accountants LLC has 15 full-time employees, it would be ineligible for the program. Robert fires Michael, the most junior accountant at the firm, which now makes the firm eligible for the program.
1.What do you see as the issues raised by the facts in the scenario? Describe as many as you see.
ANSWER
Dear ” “:
Invisible? Why? Are we doing your take home? Sorry but it may not be to good.
The problem chasing gooferment programs is that it takes your eye off the ball. Either you’re in the Accounting Biz or your are a Sam Donnelson sheep farmer. It might be possible to suck off the taxpayers a little but it’s a distraction.
I sit down and have a hard think about your ethics and what business you really want to be in.
Hope this helps. I’m interested how it works out for you. Drop me a note sometime. My blog may have helpful “stuff”.
Ferdinand J. Reinke
Kendall Park, NJ 08824
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UPDATE: This was nuked by Yahoo. I don’t understand why. But it’s like it never existed.
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Reinke Faces Life 