Tanner Cox, CPA

Unpopular fact: Eating healthy is cheaper than eating junk food.

@CBarrett_CPA How much space do you have for home gym?

The gym that was right next to my house is moving. Rather than drive 15min I’m thinking of building a home gym. What are the first things you get? Let’s say budget is $3-5k.

@carmsclubhouse Or just have Yamamoto start Sunday so I can see them both when I’m there 😉

Going to Cubs game tomorrow to see the behemoth Dodgers in person. MLB should whisper in the Cubs ear to start Imanaga tomorrow so we get a battle of the Japanese stars, as Yamamoto will toe the rubber for LA.

Hard work gets easier when you’ve got a goal.

Eventful evening… 🐿️ gets into fireplace, call animal control & will not come unless 🐿️ in “habitable place of home” Call private animal removal: “It’ll cost $569” *Open fireplace door to let 🐿️ out* Call animal control, “🐿️ in your scope now…” 🐿️ now outside & saved $569

@FitTaxBlueprint Do what I can to meal prep myself but backup option is sourcing through meal prep company called Factor. Always have some on hand in case I need them.

Accountants: If you can't meal prep for the week what is your backup option for quality meals?

Back at it at Hyrox. Performance was below expectations but will focus on coming back faster and stronger. Even bad experiences are positive in disguise – if you are ready to learn from them. Spending the last of today recovering and then it’s dialing back into the training 💪🏼

@FitTaxBlueprint For myself it’s a lot of hybrid interval workouts with cardio and strength. Frequent competitor of obstacles course races and hybrid races like Hyrox.

@AccountantFit Nice! What is your go to type of workout?

Accountants: Do you believe exercise helps with your focus and mental clarity?

@BoucherNicolas Costs associated with maintaining a fixed asset in the form of maintenance is an operational expense and should not be capitalized in accordance with ASC 360.

Capex vs Opex: Do you know the difference? Check out this mini guide to understand the pros and cons of capital and operational expenditures, and get examples of each.

Pretty sure this is me…

🤡 FTX had a GL code in Quickbooks called ‘Ask my Accountant’ with 80,000 transactions in it.

@Budgetdog_ Looked into this before myself (same issue) & makes no sense but the answer is NO All because of different account holder names even though the funds in either HSA can be used for either spouse 🫤 Now have one HSA just sitting there, no further contributions, in cash position

Curious if anyone knows this… Say you have two spouses with their own HSAs on individual health plans. One spouse quits 9-5 therefore no longer actively contributing to their HSA. They get on a family health plan and use one spouse’s HSA moving forward. Can they consolidate the old HSA into the new HSA now that they are on a group plan? @maxpashman @DividendTown @InvestingAustin @thewealthdad @Dividend_Dollar @FinancialAndres @CmgVenture @JTHinvest @401k_Maxi

Most people don't have energy to exercise because they don't exercise.

Do you blast music when working?

@RosserJobs 💯 So many opportunities with an Accounting degree (not just an accounting specific role).

Finance Majors: Consider adding an Accounting Degree. Unless you plan on moving to NYC, Chicago, Etc Accounting will give you more options in mid-market cities. Lack of options often send Finance majors to Northwestern Mutual to sell insurance.

@Jmcgowan3838 💯 These are very valuable now and in the future

10 years in the future, what skills do you think will be valuable to accountants? Mine are below! - Analyzing Data - Explaining results of data in financial/general terms. - Making improvements based on data analysis.

You’re more likely to never miss a workout when is the first thing on your to do list every day.

Self confidence makes all the difference and the way to develop self-confidence is to prove to yourself again and again that you can do hard things.

@idkshane Went through 7 busy season in Big4 & stay true to this now but keys are: 🗓️ Planning ahead & increase productivity 💪🏼 Setting goals 🥗 Meal planning & prepping (don’t eat out) 😴 Maintain consistent sleep schedule Created YT series outlining these tips: youtube.com/playlist?list=…

The more you workout does not equal more progress. After a certain point, doing more will actually set you back. Your body needs adequate recovery in order to grow.