The BJJ CPA
93 posts
The BJJ CPA
@JitzCPA
Big 4 International/M&A Tax to Boutique Firm Tax Partner Bad at BJJ
가입일 Eylül 2025
18 팔로잉14 팔로워
The closer we get to this fight the more I think Joshua Van will win🤔
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Is the ground game in the room with us now?
Red Corner MMA@RedCorner_MMA
Khamzat Chimaev works on his ground game for his upcoming fight against Sean Strickland. 🐺🥋
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@Hybridathlete Only people who need to lift 5 times a week are powerlifters and bodybuilders.
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Lifting 2 days per week is plenty if your goal is strengh/mass maintenance and/or just general health and longevity.
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@MrTestoestrogen Khamzat couldn’t sub DDP. How is he gonna sub Strickland
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I recently started working out of our office in Midtown.
The amount of Rolexes on 20 something year olds is outrageous.
Either it’s daddy’s watch or they don’t have their priorities straight
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“But I put 500k of renovations in. You mean someone might not value my indoor trampoline park?”
Lauren Self@laurenlself
A home is worth what a buyer is willing to pay Many are surprised by this fact
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Some people shouldn’t be allowed to own homes.
Worst Finance Takes@Lifeinvestmoney
First home remodel complete How did I do? Before and after:
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Cash for clunkers: the reason why car prices are high? No, taking 690,000 cars off the road when 500,000,000 cars have been sold in the last 30 years is the not the reason prices are high. The reason prices are high is because they printed your money to worthlessness.
Handre@Handre
Cash for Clunkers destroyed 690,000 functional vehicles in 2009, creating an artificial scarcity that rippled through used car markets for over a decade. The Obama administration sold this $3 billion program as environmental salvation and economic stimulus, but any free market economist could predict the real outcome: massive wealth destruction disguised as progress. The program forced dealers to pour sodium silicate into engines, permanently destroying cars that poor families could have afforded. Politicians eliminated the bottom tier of the used car market overnight. Suddenly, a reliable $3,000 Honda Civic became a $7,000 Honda Civic (if you could find one). The supposed beneficiaries — working-class Americans who needed affordable transportation — got priced out entirely. Government intervention always creates unseen victims, and Cash for Clunkers delivered them by the millions. Single mothers, college students, and minimum-wage workers watched their mobility options vanish as used car prices soared 30% between 2009 and 2014. The environmental gains proved negligible too: most clunkers averaged 15-17 MPG while replacements hit 24-25 MPG. Destroying half a million cars to improve average fuel economy by 8 MPG represents the kind of central planning that would give Soviet bureaucrats a hard-on. The wealth destruction extended beyond sticker prices. Higher transportation costs forced people into longer payment terms, creating a debt cycle that persists today. Cash for Clunkers normalized 84-month auto loans, turning cars from depreciating assets into multi-year financial anchors. Bureaucrats congratulated themselves for moving inventory off dealer lots while condemning an entire generation to transportation poverty.
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Stepson got his 86yo stepmother deported arguing over dad's tiny estate. Nothing brings out the evil in families like arguing over inheritance. dailymail.co.uk/news/article-1…
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@BlakeTOliver The biggest problem is the irrational confidence that it produces in people. Especially when dealing with complex tax topics that change constantly.
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Are tax pros obsolete?
The WSJ says taxpayers are skipping accountants in favor of AI.
AI is a world-class assistant, but a terrible partner. It’s the QuickBooks era all over again: more messes for us to clean up.
Are you seeing this yet?
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@TheRealEstateG6 The S&P is a wealth preservation tool, yeah. Seeing a lot of HNW portfolios, surprising few are heavily allocated to it tho. There’s a natural tendency to do something with your money and that’s an itch index funds just don’t scratch.
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What people don't understand about the S&P is that every single person in the country who has money is also invested in it
When your money goes up 15%, so does everyone else's
You gained zero relative wealth. You need to outperform the S&P if you want to actually get ahead
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Do they have money because they have a house or do they have a house because they have money?
Sam Primm@fasterfreedom
The average homeowner has 40x the net worth of the average renter. 40x. And people still debate whether buying makes sense.
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Worst case I've seen was guy who who got his bonus in January. Turned off withholding because his coworkers told him that's how you keep bonuses from being overtaxed. Never turned it back on. Owed 50k the following April.
Scoob@Scoobydouchebag
Coworker changed his withholding to 5 dependents so he could go on vacation last summer and he forgot to change it back now he owes like 8 grand
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@TheICHpodcast Kiyosaki is the boomer's Instagram course grifter.
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Robert Kiyosaki gets "sexually stimulated" thinking about defaulting on $1,200,000,000 in debt…
“If you owe the bank $20,000,000 and can't pay it back, you have a problem… But if you owe $1,000,000,000 and can't pay it back, it's the bank's problem”
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@LoganGrafTax And next month those same partners will be complaining to their recruiter about staff turnover.
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If your bosses are like this, leave.
Yeah, that's a horrible firm policy, but it's also on you for staying at a firm that doesn't respect your sacrifices.
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A middle class income in the US is considered unfathomably rich in the UK.
Darren Parkinson 🌍💚💙@DarrenBar88
People crying because a CEO would only get paid £140 an hour. £140 an hour!! An hour!!!
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@JimothyBurg1ary Basically, nothing happens. If they think you owe, they'll ask you for a return.
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Maybe im stupid -- I am stupid -- but if youre a regular person who makes a wage and gets a w2 and doesn't have investments or anything. Does anything happen if you just dont file your taxes? Your employer already paid the government for you. You just dont get a return
tippity@tippity
will the IRS beat my ass if i turn in 3 years worth of taxes before midnight tonight
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@averagemoneymd Especially as you get into the higher net worth brackets, the value of some extra money in your brokerage account just does not hit the same as shaving a decade off your mortgage.
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Last month, we received a family gift of $260,000.
We debated a lot and ultimately decided for a few reasons to drop it all on our 3.75% mortgage.
Our mortgage went from $750k --> $490k
We recognize we could have made much more investing, but it felt secure to take a little risk off the table. Mortgage calculator shows this will save us $285k in interest.
We then recasted our mortgage and our payment dropped from ~$3,800 to ~$2,400.
A little bit closer to freedom.
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