JUNE NEWSLETTER: Are your CPA and financial planner BFFs?
Hi friends,
The roses are blooming here in Portland, and the summer solstice has made our days longer and brighter. Meanwhile, our friends in tax planning (CPAs & tax preparers) are finally exhaling after a tough 2020 tax filing season.
We're finding ourselves thinking about the cyclical (and seasonal) nature of our work. So, let's dig into Modernist's collaborative tax planning process, post-pandemic inflation risk, and celebrating the enduring queer talent of the Indigo Girls.
🎶Here’s to taking life less seriously 🎶
Georgia + Team Modernist
investment insights
As we move into a post-pandemic world (soon, but not yet!), we're all about quieting the financial noise. Recently, there’s been a whole lot of noise about inflation.
For a look at inflation based on historical data for context, check out our blog post on post-pandemic inflation risk.
From around the web, we loved this helpful New York Times list of questions to ask yourself before panicking about inflation.
And, check out this Planet Money clip on why a Chattanooga lawyer (Georgia’s birthplace) made Coke cost a nickel for 70 years!
ABC: ALWAYS BE COLLABORATING
When our clients’ CPAs turn on their OOO message for some R&R, they pass the baton to us to kick off tax planning (our focus from Summer through early Winter).
Our cyclical process means we’re always working on a piece of our client’s financial plan while collaborating with a star in the constellation of their financial team.
And if that makes us the Dolly to your Lily Tomlin, we’ll take it!
If you're looking for a new CPA, check out the Accountant's of Color directory for some fresh referrals!
MODERNIST TAKES IT OUTSIDE
Have you heard Georgia on The Out Entrepreneur with Rhodes Perry? She posits that dominant culture tells too many of us that we shouldn’t be good with money— and vehemently disagrees. For more GLH truth nuggets like this, give it a listen!
Georgia joined Portland Business Journal’s Pride Power Breakfast this week alongside local business leaders to discuss how employers can best serve their LGBTQ employees.
Meanwhile, PBJ also named Modernist the 14th largest LGBTQ+ owned company in Oregon!
FUND YOUR HEROES
Fellow business leaders: We hope you’ll join us in supporting the Black Resilience Fund. Direct financial assistance is a critical way we can support Black Portlanders.
Thanks Business for a Better Portland aka BBPDX for the call to action this Juneteenth!
ART BREAK TO ACT UP!
We are incredibly grateful and inspired by the work of the artists & activists within Act Up!. They turned up the volume on their outrage in the face of government silence during the AIDS epidemic, and changed the course of history.
Writer Sarah Schulman’s new book, Let the Record Show, re-centers the story on women and people of color. The book is based on 187 interviews she and experimental filmmaker Ryan Hubbard conducted and developed into the Act Up Oral History Project.
A Song That is Actually About SeEKING AN IDENTITY TO GUIDE US
Here’s to 1989 queer artists, the Indigo Girls, and their classic song “Closer to Fine”.
There's more than one answer to these questions / Pointing me in a crooked line / And the less I seek my source for some definitive / Closer I am to fine