doctor - gets themselves into complicated K-1 investments that lose money. also, surprisingly bad with money.
dentist - buys into some get rich quick scheme and/or wants to deduct their hunting in africa expenses
2/5
IM JOKING, but this is the very incorrect stereotypes of what these tax pros think these clients are like. dont come for me
engineer - wants to know where every dollar input ends up as an output in their tax return and gets uncomfortable with rounding differences
1/5
as i age, the portion of my luggage taken up by toiletries and electronics grows
i’ll get to a point when i just stop packing clothes altogether
i’ll just be sitting naked in my hotel room, working off of 2 laptops and 4 portable monitors…only wearing an exfoliating face mask
@mountainwesttax We are getting one very close to us and the town is going nuts. One council member who was against it still received death threats about it happening and ended up quitting. It was too dangerous to keep that job in this day and age and I don't blame her one bit.
@mountainwesttax@cliffcornell_ I believe that my MBA is not even worth half of what I paid for it over 30 years ago. My CPA license is far more valuable.
@cliffcornell_ I paid cash for master’s in accounting to be able to sit for the CPA exams when I was in my 20s and now most states have changed the rules so you don’t need a graduate degree to take the exams
@BrianDavisTax oooh, this hits too closed to home.
im 99.99999% sure my semi-emergency back surgery was due to sitting too long to meet the 9/30/24 deadline.
Client sent email showing 8 issues that ChatGPT had with the partnership return we sent him.
Every single one was incorrectly ID'd by Ai. E.g. they said the EIN was wrong on the K1 because it wanted to match the recipient EIN to the sender EIN.
Ai for the win!
@upshine3 Introducing yourself in a conference room when they go round robin around the table and you have to say your name and where you're from and what's your favorite color or whatever bs they're asking for
I served in the USN 1989 - 1995 on The USS Pintado, SSN 672. Reading all of these stories on the supply problems the USN is having in the Middle East right now bothers me.
I understand it is entirely due to the fact that our warships cannot enter ports in the Middle East due to Iranian drones...
And never doubt this Diego Garcia is an awful place to be stationed...
Want to see where everyone is on pricing.
Client with 16 income properties. One sold and one purchased in '25. Two small Sch C businesses. 3 kids. No CTC or EIC. Small 1099-R Roth conv and 1 1099-INT. Books in excellent order.
What would your fee be?
I’m playing a really fun game of “We formed a new entity for the tax benefits!”
🤦🏼♀️ Can you guess at what stage in the process I was informed of this decision?
Indiana is basically the most likeable Midwest state. And really it's only Chicago area that dislikes us, because we trying to steal their terrible football team.
It's time!! #FridayWins!! NO WIN TOO SMALL!!! Whatcha got this week?!
- It's MAY!
- I got two returns out this week!
- I have new books to read this weekend!!