Jasper13

@Dawnek16 I gave you that brokerage documents. Yea you gave me one, you have five.

Me: I need your 1099R Client: You should have 1099R Me: I know should have 1099R. If I had 1099R I wouldn't be emailing you asking for 1099R. All. Day. Long. #taxtwitter

@Skidd28925417 @Dawnek16 True, we are human & w multiple processes handling the clients info, things do happen. But in any case, still don’t have said document, could you please furnish another copy? Instead of insisting it’s there when that doesn’t resolve anything.

@Dawnek16 lol because accountants never miss documents from clients.

#cpa #taxtwittter soon as April 15 is over I’m getting back hard and heavy on studying for the CPA. What’s Yal favorite study packages?

@FinPlan_CPA 90 yr old man pissed about a 4k wash sale, I explain to him lost harvesting and repurchasing and he says that is exactly what he was trying to do. I said I know, in the eyes of the SEC that is illegal! Blew his mind

@Jasper1388 “You don’t need to know about my wash sales” 😂

Client: “we received those two K1s. Do you need those to finish our return?” No let’s not report your income and just see what happens 😑

Happy two and a half weeks of, “where’s my refund?” And, “calling to ask about my return?” From clients that haven’t paid last years bill! #TaxTwitter

@AccountingAsArt If I prioritized everyone that wanted to be prioritized, I’d be right back in the same boat of doing 200 more returns one at a time! I want to start asking people, do you cut in line every store you go to???

C: drops off stuff Friday C: emails today - hey, I’m buying a house and the bank needs my 2025 taxes so if you’re done could you send those to me M: M: M: M:

@TheNFTCPA Must’ve been like glitch issues lol still cant wrap my head around, EITC has a ceiling and Saver credit is nonrefundable? And I’m not arguing with you, just was intrigued and genuinely curious what would make that possible on refundable credits. We got this buddy!

@Jasper1388 There was a ton of other issues with the tax return and it was claiming EITC, Saver …

Today's episode of AI taking over Tax. Client: Your draft says 9k refund, AI told me 111K refund. You did something wrong. Me: Oh boy. send me what you are seeing. Me: This is wrong, just wrong. You don't qualify for any of the tax credits, you don't have 3 kids... #TaxTwitter

@KerosSotirios @TheNFTCPA The Schwab 1099’s suck

@TheNFTCPA Actually I discovered it while using Claude to automate calculations from 1099s. During that process, a dialog with Claude confirmed that it was not possible to calculate foreign qualified dividends for Schwab funds on Schwab 1099s.

The number of people that ask if they should stop making certain income to stop owing taxes blows my mind. Going to start telling people yes, quit making any money and you won’t owe. #TaxTwitter

@LoganGrafTax Even after a full day of frustrated clients, I sleep well knowing I did the very best I could for them.

Going to echo AJ's well-stated post. We do valuable work for our clients. We care deeply about doing right by them and helping them save money. But at the end of the day, clients will look out for themselves first. That’s your reminder to keep serving well, while also making sure you value and price your services appropriately.

@TheNFTCPA Even better when this is the only page you get with that .49 but you can see there are capital gains in the summary.

What every Tax Pro on #TaxTwitter loves waiting for.

@FrancineHibiscs Had to do the same as Chris

Yeah I have a 1099R coded J and I am having a WTF moment

@nyoungdumb @SecScottBessent I would be good with July too and keep the current workload I have. I feel like december would make the crappy clients crappier at getting their stuff in and my boss would be tempted to take on more clients.

Dear @SecScottBessent, Can you please permanently extend the deadline for filing and paying taxes to Dec 31 of the following year for all entities and individuals? Sincerely, Every single accountant and taxpayer in America.

@ajthecpa1226 Amen brother, amen. I really felt this! For me it all revolves back to the golden rule, I do each return as if it were my own!

A little venting session here #TaxTwitter While working on a now former client's 2024 return... Not a simple return by any means, but the kind of stuff we deal with as part of our day to day client work. While reviewing their K-1 from their law firm something didn't look right. The 401(k) contributions weren't being broken out correctly on the State K-1. I flagged it, engaged the firm's accountant, pushed back on their position, and went directly to the State for a ruling. The State confirmed I was right. The partnership returns & K-1’s got amended. The client saved $9,000 in state taxes they never would have known they overpaid. This isn't remarkable. This is just what happens when you actually pay attention. This is what we do. Quietly, methodically, every single day. Catching things that slip through. Fighting for positions most preparers wouldn't even question. Saving real money for real people who have no idea how close they came to just paying it. Then this tax season rolled around and I reached out about their 2025 documents. One line back: "Thanks. We are going forward with the firms new accountant." No real explanation. No acknowledgment of the value provided. Just gone. And look, I get it. This profession has truly become a race to the bottom. There's always someone cheaper. There's always a software promising to do it for $99. There's always a “professional” who will just take the K-1 at face value, file the return, and move on. What there isn't always is someone who actually knows what they're looking at. The frustrating truth is that the better you are at this job the more invisible your value becomes. The client never sees the disaster you prevented. They never feel the tax bill they didn't get. They just see your invoice. The work doesn't stop mattering just because no one acknowledges it. But every once in a while, it would be nice if they did. To every accountant in the trenches right now doing the real work. You know the value you bring. Even when clients don't always see it.

Demon Pride Never Dies - Sign the Petition! c.org/5N7L4S7DhW via @Change

@wlthyaccountant 18 1040’s and two 1065s. All rather smaller returns but out of my way!

FTR, I pounded out 24 returns this weekend. All were completed, except 5 where I requested more data. One of those was finished this morning. How was your weekend?

@ColosioMark @TheKevinDalton Yea I’ve seen less violent currents swallow up the front half of a 3/4 cause the road was gone but couldn’t tell.

@TheKevinDalton That’s stupid. He had no idea if the road was still intact under that muddy water. If he was swept away now rescue personnel have to risk their lives and possibly not be able to rescue someone else who is in danger.

Nobody is dumb enough to try and cross this raging river that has overtaken this California road, right? Right?

@Enezator This will become a sport

240 IQ