Tuesday, April 25, 2017

Danger! Do Not Microwave This Product!

A lot of people own one, but yet, a lot of people don't know how to use it safely. When using a microwave, different hazards can be faced because of the rising of heat and possibility of burns. This webinar presented on April 11th by microwave expert Robert Schiffmann was entitled Danger! Do Not Microwave This Product!, and presented a complete expose on the risks of microwaving. Heating pads and wax were discussed, as well as many other risk factors. Please view the webinar here to learn more about this topic.

TASA presents expert-led webinars on a plethora of topics on a regular basis. Please view our archived webinars by clicking the "Webinars" tab at the top of the blog.


Thursday, April 20, 2017

The Importance of Failing Well

With success comes instances of rejection, as any well-seasoned entrepreneur knows. Being able to roll with the punches as well as build upon them is a valuable and profitable skill.

Barbara Corcoran, Corcoran Group Founder and Shark Tank Investor, speaks about the importance of being able to take a hit when starting a business. In the video, she says, "Show me someone who can take a hit, and I'll show you a good entrepreneur." Barbara's advice is helpful to anyone embarking on a new business and all professionals dealing with possible rejection.

Please view the video above and don't forget to subscribe to our blog using the widget to the left!


Tuesday, April 18, 2017

Expert Interview: P. Dermot O'Neill

The TASA Times brings you exclusive content, such as our newly minted expert interviews that provide a deeper look at our valued expert witnesses.

P. Dermot O'Neill is a public accounting expert witness with TASA. Below, please read his response to: "How did you decide to become an expert witness?"
“Becoming” is present tense so one is continually striving to become an expert. Our professions are dynamic and continually changed by new data, technology, rules, research, insights, etc. One needs to be passionate about their areas in the “becoming” process. 
I started in a traditional CPA firm environment – preparing audits, financial statements and tax returns. Since I was an adjunct at a local university, I was considered an expert in accounting but the passion for auditing was missing. Recognizing that the small and medium sized businesses were more interested in taxes than financial information, I pursued graduate studies in taxation. I began to feel the passion dealing with substantive tax issues as opposed to compliance tax issues. 
Taxation began to be perceived as a commodity when public companies began acquiring CPA firms on a national level; among others, American Express and H&R Block. Taxation in a CPA firm environment shifted from dealing with substantive issues to compliance issues – there went the passion. 
I had dabbled in litigation (first case in 1976) and business valuation and enjoyed the challenging experiences. I decided I could be passionate about litigation and business valuation and began taking courses in business valuation and received my first designation. I left the traditional CPA firm environment when I was hired to perform business valuations for a national firm. Since the skill set for valuations and damages are similar, I was soon sought to testify in cases involving business valuations in litigation and IRS issues. My experience quickly expanded into commercial and personal damage measurement, insolvency analysis, tax issues, etc. 
Today, 20 years later, I am still passionate about what I do and how I do it and am still “becoming” an expert.
Dermot presented a two-part webinar series entitled Reading Financial Statements for Lawyers. Please view Part 1 or Part 2 now to gain valuable knowledge from this expert.