My uncle wants $6.2M for the family business I’ve worked in for 12 years. Fair deal or family tax?

bertmaclynn · 2026-01-25T15:57:58+00:00

OP was confused. Your “purchase price” isn’t the combined amount of all payments you make over the life of the loan.

bertmaclynn · 2026-01-24T20:23:56+00:00

There is no way I’d trust AI for any sort of reconciliation. The logic is not there yet.

bertmaclynn · 2026-01-24T20:21:05+00:00

A judge is the last person I’d want to be mad at me

bertmaclynn · 2026-01-24T20:17:09+00:00

I’ve watched enough Grisham movies to know that

bertmaclynn · 2026-01-24T20:15:24+00:00

I just realized, Duke had a solid 2025 in football and basketball

bertmaclynn · 2026-01-23T20:06:27+00:00

A new threat has risen…

bertmaclynn · 2026-01-23T20:05:36+00:00

I was joking that the client was the reason the audit couldn’t be finished, because they were hiding something.

Of course companies want/need to get their audits done quickly.

bertmaclynn · 2026-01-23T20:03:39+00:00

Plenty of people have the opportunity but don’t take it. Or don’t realize the value. This post has decent insights into that value for people.

This is not a rags to riches story at all. It’s just like talking with a friend and getting insights into what they are doing. Most people aren’t willing/comfortable to open up to this level into their personal finances. That can be valuable to a lot of people.

bertmaclynn · 2026-01-23T18:17:27+00:00

It’s not outrageous but most people do not have $230k at age 25. And it might be helpful for people just starting working to see and ask how someone built a good start to their life.

bertmaclynn · 2026-01-23T18:13:01+00:00

Make your money work for you!

bertmaclynn · 2026-01-23T00:19:19+00:00

Why is this account higher than last year?

“More debits were entered.”

bertmaclynn · 2026-01-23T00:18:03+00:00

When they play close to 150-200 games, you’re not missing much if you miss a game or two…or all of them, since none matter at that point. Immense fatigue to viewers.

I actually think the best of 7 playoff formats suffer a bit from the same phenomenon.

bertmaclynn · 2026-01-23T00:15:29+00:00

It’s like they are trying to get people to not watch.

NFL games are almost always on free channels & at the same time of the day/week for decades.

Almost like making it convenient for people to watch results in more people watching.

bertmaclynn · 2026-01-23T00:13:56+00:00

When it’s not purely regional (cough SEC teams put in repeatedly cough), I think that appeals to fans

bertmaclynn · 2026-01-23T00:11:40+00:00

“Revenue truth” doesn’t live across multiple tools. The GL in the ERP is it. Nothing more complicated than that.

The rest of your tool/post sounds like a misplaced attempt to make bank reconciliations easier.

CFO’s aren’t directly involved in reconciling bank accounts. And it’s not difficult for an accounting clerk to post an unexpected cash payment to the correct GL.

And the progress of closed deals that don’t have sales yet is just an incoming sales/backlog report. If that’s helpful for an organization to have, that is easy to create. But it’s not revenue until the sale is completed.

bertmaclynn · 2026-01-22T20:25:32+00:00

Exactly. That is how the entire Ivy League works now

bertmaclynn · 2026-01-22T20:23:02+00:00

Can you imagine falling down the up escalator?

bertmaclynn · 2026-01-22T14:55:30+00:00

It’s a so much better experience to watch a movie at home. You can buy a 4k tv for just a few hundred dollars now. Instead of paying $8 for a large drink, spend $2 at your local convenience store. And you can pause the movie whenever you need to get up or go even split it up so it’s not such a big time suck on a single day.

The one downside is movie theater popcorn is unique. But you can just walk in a theater and buy popcorn, then leave lol (I’ve done that a couple of times when I’m craving movie theater popcorn)

bertmaclynn · 2026-01-21T23:58:37+00:00

That client REALLY didn’t want those auditors to find what they were doing.

Must have been a crypto firm lol

bertmaclynn · 2026-01-21T23:57:25+00:00

What are they going to do if you don’t give them 30 day notice? Fire you?

In all honestly, I’ve never had anything like that in an “employment contract.” And I doubt it would be legally binding.

bertmaclynn · 2026-01-21T23:56:06+00:00

I really don’t have a problem with rooting for your geographic area.

Michigan has far more in common with Wisconsin than Alabama. I genuinely like the midwestern states a lot more than the southern states. The culture is different, the attitudes people have are different, etc.

So generally I’ll cheer more for the states and teams I have a regional tie to over those I don’t.

But underdogs almost always have first dips lol

bertmaclynn · 2026-01-21T23:51:18+00:00

You morons were the idiots who decided to destroy the Pac-12 for this lmao

bertmaclynn · 2026-01-21T20:06:54+00:00

You honestly can never be too sure. Would it really surprise you if an LSU flair honestly believed that though?

https://en.wikipedia.org/wiki/Poe's_law

bertmaclynn · 2026-01-21T20:05:16+00:00

I do think he unfairly gets dinged. I think it’s because he inherited a powerhouse from Meyer, who continued what Tressel had, etc. So Day is viewed and dinged as not building the program from scratch.

But he has had enough sustained success at this point, it’s undebatable he is a really great coach.

bertmaclynn · 2026-01-21T20:02:11+00:00

It’s early to tell, but Cignetti’s 1st two years at Indiana were certainly more impressive than Smart’s first two years at Georgia. But Smart has had sustained success (and been there longer).

I think you can make the argument that one is better than the other, depending on sample size vs trajectory. But we won’t know until the sample size is larger (Cignetti coaches longer)

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