Sep 29

Business as Usual?

J.C. Penney has been in the news lately along with some comments in the business news services from Goldman Sachs.You have to wonder if some of the news releases can be correct.

On 9/25/13 Penney’s stock got creamed. It seems this decline was largely attributable to Goldman Sachs raising liquidity concerns about J.C. Penney. What seems odd to me is J.C. Penney is apparently (or has apparently been) a customer of Goldman. Seems odd…..

The next day the CEO for J.C. Penney is cited in a news release indicating he does not expect  Penney’s to need to raise cash. That same day Penney’s announces an 84 million share offering. Seems odd…..

Who will be helping Penney’s with their with their stock offering? Goldman? Seems odd…..

May 27

Tri-Cities Entertainment

Our community has some great entertainment and fun things to do!

The last couple of weeks included a wonderful production featuring the great music of Stevie Haberman in Club 88. Our community is so lucky to have such a talented writer/musician live in our area! The script by Ginny Quinley, John Tuttle, and the cast was wonderful.

The great Columbia Crest winery had its semi-annual case sale and we attended to get some of that awesome Washington State wine at a great price. The winery at Paterson is an amazing place to visit and pick up some great wine and is just a short drive from the Tri-Cities!


We also were treated to a Richland Players production of On Golden Pond. This was one of the best sets I have ever seen in a local production and was the play was excellent!

There are lots of things to do in our great community!


Mar 03

New Health Care Insurance & Your Doctor

I was talking with a client of mine the other day and he shared with me something pretty interesting about the medical profession. He told me that if I had a great doctor I should chain him to my garage now and he is likely right.

Regardless of the opinion you have on the new health care act no one seems to have given a lot of thought as to who will provide care for all of the new individuals that will be covered by this health care act (let alone how this will really be paid for).

There was a great article in the Parade Magazine today about a small town country doctor (what a great individual this must be). In the same article a projection is cited by the American Medical Colleges, that the U.S. will be short 45,000 primary doctors by 2020.

I now better understand my client’s comment. I have a great doctor but he is in a lot better shape than I am. I guess I better get back to exercising and buy some chain……

Jan 08

Congress – Are You Kidding?

Here we are already into a new year and the dysfunction in Washington D.C. continues. Congress passed  tax legislation in 2013 containing 2012 provisions. This makes tax planning difficult. My New Year’s toast to this incompetence (both parties) is taken from the cover of a recent Business Week.

Aug 18

About my Dad

I recently wrote an article on my dad highlighting some of the changes in his long career in public accounting. The article is entitled “An Inspiring CPA’s Career” and his story really is amazing. I thought you might want to read it and have included it in this post.

An Inspiring CPA’s Career 

“The Big Guy”

Robert E. Marple was born in Eastern Washington State  and grew up on a small farm. Some of the difficulties experienced with his farm chores and barley farming convinced him that grain farming in the Palouse area of Washington State, was not for him.

It was off to Washington State College (now Washington State University) where he initially pursued a degree in music. He also played a clarinet in a Big Band and wrote music to make some extra money and it appeared music would be his future.

This changed when a music professor was playing a few notes on a piano and asked him to sing the notes. It was a defiant “no” to that singing request, out the door of that classroom, and a change to accounting as a major (Bob was already taking an accounting course and liked it and liked math too).

Bob graduated cum laude with a BA in business from Washington State College, and after serving in the Korean War (seeing active duty) he began his accounting career in 1952 with Niemi Holland & Scott in Kennewick, Washington.

There were no computers, faxes, or copy machines but there was a 10 key adding machine (it only added) and a Marchaunt calculator that was used separately for division.

At his first firm, tax returns were prepared manually in pencil then typed with carbon copy. Prior to typing, the pencil copy was proofed by another CPA. If any errors were found, the preparer had to put 25 cents in a fund that was used for a party after April 15th.

Bob made $325 per month when he first started and clients were charged around $10 for a fairly simple individual income tax return at this time.

After 60 years of practice, Bob has not slowed down much. He still works full-time and can often be found in his office on weekends. He has maintained his long-term client relationships and also serves as a wealth- source of information and experience for the other 5 CPAs who work in the firm he founded.

Bob’s favorite thing about his 60 years in practice has by far been his association with clients and the great relationships developed over those years. “There have been many great relationships over my 60 years, having done work now for up to three family generations for some businesses.”

He has also enjoyed seeing businesses succeed and grow over the years.  One business client, in particular, started out in the 1960’s in a single office in a manufactured home and has grown to an industry heavy-lift leader now doing business all over the world. (“The family generations of this business have treated my wife and I like family.”)

In addition to work, Bob still finds time to get in 18 holes of golf three days a week and often shoots his age.

This article was written by Robert D. Marple, and along with other brother Steven J. Marple, currently practice with their father in the firm of Marple & Marple. “Our father has been a real inspiration to us and continues to impress us.”