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  1. Some people are celebrating deposits.
    Some people are realizing they owe.

    Both are normal.
    #deposits #taxes #taxpro

  2. Let's be clear:
    The #1 most demanded, most immediately cost effective use of AI by small businesses is connecting their marketing and sales processes with their accounting processes.
    #taxpro

  3. Let's be clear:
    The #1 most demanded, most immediately cost effective use of AI by small businesses is connecting their marketing and sales processes with their accounting processes.
    #taxpro

  4. Let's be clear:
    The #1 most demanded, most immediately cost effective use of AI by small businesses is connecting their marketing and sales processes with their accounting processes.
    #taxpro

  5. Let's be clear:
    The #1 most demanded, most immediately cost effective use of AI by small businesses is connecting their marketing and sales processes with their accounting processes.
    #taxpro

  6. On tomorrow's Daily Tax Minute, we will address nonprofit filing requirements due May 15 and the penalty for late filing. On Wednesday we will cover anonymous donations to nonprofits under the new disclosure rules. #nonprofit #taxpro

  7. On tomorrow's Daily Tax Minute, we will address nonprofit filing requirements due May 15 and the penalty for late filing. On Wednesday we will cover anonymous donations to nonprofits under the new disclosure rules. #nonprofit #taxpro

  8. On tomorrow's Daily Tax Minute, we will address nonprofit filing requirements due May 15 and the penalty for late filing. On Wednesday we will cover anonymous donations to nonprofits under the new disclosure rules. #nonprofit #taxpro

  9. On tomorrow's Daily Tax Minute, we will address nonprofit filing requirements due May 15 and the penalty for late filing. On Wednesday we will cover anonymous donations to nonprofits under the new disclosure rules. #nonprofit #taxpro

  10. On tomorrow's Daily Tax Minute, we will address nonprofit filing requirements due May 15 and the penalty for late filing. On Wednesday we will cover anonymous donations to nonprofits under the new disclosure rules. #nonprofit #taxpro

  11. If you owe taxes, it is better to file now and pay later than not file on time. Even if you don't have your accounting ready to file now, or if you do not have the money to pay the income tax, an extension filed by tomorrow is an easy inexpensive way to save the cost of a large tax penalty for late filing. #taxproblems #taxpro

  12. If you owe taxes, it is better to file now and pay later than not file on time. Even if you don't have your accounting ready to file now, or if you do not have the money to pay the income tax, an extension filed by tomorrow is an easy inexpensive way to save the cost of a large tax penalty for late filing. #taxproblems #taxpro

  13. If you owe taxes, it is better to file now and pay later than not file on time. Even if you don't have your accounting ready to file now, or if you do not have the money to pay the income tax, an extension filed by tomorrow is an easy inexpensive way to save the cost of a large tax penalty for late filing. #taxproblems #taxpro

  14. If you owe taxes, it is better to file now and pay later than not file on time. Even if you don't have your accounting ready to file now, or if you do not have the money to pay the income tax, an extension filed by tomorrow is an easy inexpensive way to save the cost of a large tax penalty for late filing. #taxproblems #taxpro

  15. The most surprising and fastest growing small business tax practice development of 2023: the sudden need to perform so many tax filing engagements without traditional bookkeeping reports. taxproblems.cpa/what-is-a-tax- #taxpro

  16. The most surprising and fastest growing small business tax practice development of 2023: the sudden need to perform so many tax filing engagements without traditional bookkeeping reports. taxproblems.cpa/what-is-a-tax- #taxpro

  17. The most surprising and fastest growing small business tax practice development of 2023: the sudden need to perform so many tax filing engagements without traditional bookkeeping reports. taxproblems.cpa/what-is-a-tax- #taxpro

  18. The most surprising and fastest growing small business tax practice development of 2023: the sudden need to perform so many tax filing engagements without traditional bookkeeping reports. taxproblems.cpa/what-is-a-tax- #taxpro

  19. The field of tax accounting has always been ridiculously complicated and overloaded with potential for conflict. In recent years we saw a sharp rise in both unintentional noncompliance fueled by social media misinformation and a spike in deliberate noncompliance. Now we are beginning to see IRS and other tax authorities advance and automate their audit and collection processes. I don’t know where this is headed but am quite certain that it means full employment for the rest of my years. #taxpro

  20. The field of tax accounting has always been ridiculously complicated and overloaded with potential for conflict. In recent years we saw a sharp rise in both unintentional noncompliance fueled by social media misinformation and a spike in deliberate noncompliance. Now we are beginning to see IRS and other tax authorities advance and automate their audit and collection processes. I don’t know where this is headed but am quite certain that it means full employment for the rest of my years. #taxpro

  21. The field of tax accounting has always been ridiculously complicated and overloaded with potential for conflict. In recent years we saw a sharp rise in both unintentional noncompliance fueled by social media misinformation and a spike in deliberate noncompliance. Now we are beginning to see IRS and other tax authorities advance and automate their audit and collection processes. I don’t know where this is headed but am quite certain that it means full employment for the rest of my years. #taxpro

  22. The field of tax accounting has always been ridiculously complicated and overloaded with potential for conflict. In recent years we saw a sharp rise in both unintentional noncompliance fueled by social media misinformation and a spike in deliberate noncompliance. Now we are beginning to see IRS and other tax authorities advance and automate their audit and collection processes. I don’t know where this is headed but am quite certain that it means full employment for the rest of my years. #taxpro

  23. When you were about to send your client a reminder of the things you need to finish up their 2022 accounting work, and you see photos pasted on Facebook showing that they are on vacation in the Caribbean.
    #taxpro

  24. When you were about to send your client a reminder of the things you need to finish up their 2022 accounting work, and you see photos pasted on Facebook showing that they are on vacation in the Caribbean.
    #taxpro

  25. When you were about to send your client a reminder of the things you need to finish up their 2022 accounting work, and you see photos pasted on Facebook showing that they are on vacation in the Caribbean.
    #taxpro

  26. When you were about to send your client a reminder of the things you need to finish up their 2022 accounting work, and you see photos pasted on Facebook showing that they are on vacation in the Caribbean.
    #taxpro

  27. Law enforcement
    History is made by those who break laws. The end of slavery, rights for women, companies like Uber and Airbnb, even clean air and water, would not have happened without people breaking laws. I’ve created a little notoriety myself by documenting and anonymously publishing deliberate lawbreaking positions by CPAs. #taxpro

  28. Law enforcement
    History is made by those who break laws. The end of slavery, rights for women, companies like Uber and Airbnb, even clean air and water, would not have happened without people breaking laws. I’ve created a little notoriety myself by documenting and anonymously publishing deliberate lawbreaking positions by CPAs. #taxpro

  29. Law enforcement
    History is made by those who break laws. The end of slavery, rights for women, companies like Uber and Airbnb, even clean air and water, would not have happened without people breaking laws. I’ve created a little notoriety myself by documenting and anonymously publishing deliberate lawbreaking positions by CPAs. #taxpro

  30. Law enforcement
    History is made by those who break laws. The end of slavery, rights for women, companies like Uber and Airbnb, even clean air and water, would not have happened without people breaking laws. I’ve created a little notoriety myself by documenting and anonymously publishing deliberate lawbreaking positions by CPAs. #taxpro

  31. They say that it’s natural that most of your clients tend to be within 10 years of your own age. Consequently, I don’t work with many young families. But today I finished a multi-year tax project that should (fingers crossed) bring five figure refunds to a young working class family that can really use it. It’s a good feeling; different from helping a wealthy client save much larger amounts. I say “fingers crossed” because some Covid-related issues are so subjective.
    #taxpro

  32. They say that it’s natural that most of your clients tend to be within 10 years of your own age. Consequently, I don’t work with many young families. But today I finished a multi-year tax project that should (fingers crossed) bring five figure refunds to a young working class family that can really use it. It’s a good feeling; different from helping a wealthy client save much larger amounts. I say “fingers crossed” because some Covid-related issues are so subjective.
    #taxpro

  33. They say that it’s natural that most of your clients tend to be within 10 years of your own age. Consequently, I don’t work with many young families. But today I finished a multi-year tax project that should (fingers crossed) bring five figure refunds to a young working class family that can really use it. It’s a good feeling; different from helping a wealthy client save much larger amounts. I say “fingers crossed” because some Covid-related issues are so subjective.
    #taxpro

  34. They say that it’s natural that most of your clients tend to be within 10 years of your own age. Consequently, I don’t work with many young families. But today I finished a multi-year tax project that should (fingers crossed) bring five figure refunds to a young working class family that can really use it. It’s a good feeling; different from helping a wealthy client save much larger amounts. I say “fingers crossed” because some Covid-related issues are so subjective.
    #taxpro

  35. I feel like a "good tax Samaritan" today after amending a tax return for a young family's 2019 tax return to request an additional Earned Income Tax Credit. Any amount of additional cash is a big deal to young working class families. Tax return amendments are not simple; there are many complicating factors to consider. Among the complications: IRS and states don't seem to follow their own published procedures sometimes. I do not have many young modest income clients so I do not normally handle many EITC returns. #taxpro

  36. I feel like a "good tax Samaritan" today after amending a tax return for a young family's 2019 tax return to request an additional Earned Income Tax Credit. Any amount of additional cash is a big deal to young working class families. Tax return amendments are not simple; there are many complicating factors to consider. Among the complications: IRS and states don't seem to follow their own published procedures sometimes. I do not have many young modest income clients so I do not normally handle many EITC returns. #taxpro

  37. I feel like a "good tax Samaritan" today after amending a tax return for a young family's 2019 tax return to request an additional Earned Income Tax Credit. Any amount of additional cash is a big deal to young working class families. Tax return amendments are not simple; there are many complicating factors to consider. Among the complications: IRS and states don't seem to follow their own published procedures sometimes. I do not have many young modest income clients so I do not normally handle many EITC returns. #taxpro

  38. I feel like a "good tax Samaritan" today after amending a tax return for a young family's 2019 tax return to request an additional Earned Income Tax Credit. Any amount of additional cash is a big deal to young working class families. Tax return amendments are not simple; there are many complicating factors to consider. Among the complications: IRS and states don't seem to follow their own published procedures sometimes. I do not have many young modest income clients so I do not normally handle many EITC returns. #taxpro

  39. Comparing Tax Prep Prices: TurboTax vs CPA
    If price is your primary concern, avoid the higher expense of a CPA.

    About half of Americans prepare their own tax returns, and the other half hire help. Most people do not require a senior level CPA with tax law expertise to prepare their personal tax return. A private practice CPA in the northeast region is naturally more expensive, but there are other benefits. This post only compares the prices.

    TurboTax Live with one state tax return advertises its premium service at a combined rate of $458, less early-bird discount, plus any additional elected services.

    My lowest tier flat rate service is $1,000, less referral discounts, that includes a list of related services.

    Both of these quoted prices assume that the financial statements are already complete for any self-employment income or side gig. My experience is that this is often not the case, and this can be the most expensive part of the process. Both of these also presume that there is no cryptocurrency reporting which can add to the cost. #cpa #taxpro

  40. Comparing Tax Prep Prices: TurboTax vs CPA
    If price is your primary concern, avoid the higher expense of a CPA.

    About half of Americans prepare their own tax returns, and the other half hire help. Most people do not require a senior level CPA with tax law expertise to prepare their personal tax return. A private practice CPA in the northeast region is naturally more expensive, but there are other benefits. This post only compares the prices.

    TurboTax Live with one state tax return advertises its premium service at a combined rate of $458, less early-bird discount, plus any additional elected services.

    My lowest tier flat rate service is $1,000, less referral discounts, that includes a list of related services.

    Both of these quoted prices assume that the financial statements are already complete for any self-employment income or side gig. My experience is that this is often not the case, and this can be the most expensive part of the process. Both of these also presume that there is no cryptocurrency reporting which can add to the cost. #cpa #taxpro

  41. Comparing Tax Prep Prices: TurboTax vs CPA
    If price is your primary concern, avoid the higher expense of a CPA.

    About half of Americans prepare their own tax returns, and the other half hire help. Most people do not require a senior level CPA with tax law expertise to prepare their personal tax return. A private practice CPA in the northeast region is naturally more expensive, but there are other benefits. This post only compares the prices.

    TurboTax Live with one state tax return advertises its premium service at a combined rate of $458, less early-bird discount, plus any additional elected services.

    My lowest tier flat rate service is $1,000, less referral discounts, that includes a list of related services.

    Both of these quoted prices assume that the financial statements are already complete for any self-employment income or side gig. My experience is that this is often not the case, and this can be the most expensive part of the process. Both of these also presume that there is no cryptocurrency reporting which can add to the cost. #cpa #taxpro

  42. Comparing Tax Prep Prices: TurboTax vs CPA
    If price is your primary concern, avoid the higher expense of a CPA.

    About half of Americans prepare their own tax returns, and the other half hire help. Most people do not require a senior level CPA with tax law expertise to prepare their personal tax return. A private practice CPA in the northeast region is naturally more expensive, but there are other benefits. This post only compares the prices.

    TurboTax Live with one state tax return advertises its premium service at a combined rate of $458, less early-bird discount, plus any additional elected services.

    My lowest tier flat rate service is $1,000, less referral discounts, that includes a list of related services.

    Both of these quoted prices assume that the financial statements are already complete for any self-employment income or side gig. My experience is that this is often not the case, and this can be the most expensive part of the process. Both of these also presume that there is no cryptocurrency reporting which can add to the cost. #cpa #taxpro

  43. Tomorrow evening I will be the guest on Jim Quinn's cable TV show in Millville. Later this week I have a second group presentation in Mount Laurel. Hopefully we resume TV studio filming "My Two Cents", the streaming media show. Late in the month I'm the guest speaker at the Bridgeton Chamber meeting. All of these talks will focus on the dramatic changes in how accountants now serve the community. I spent much of today gathering notes and organizing the presentations. #taxpro

  44. Tomorrow evening I will be the guest on Jim Quinn's cable TV show in Millville. Later this week I have a second group presentation in Mount Laurel. Hopefully we resume TV studio filming "My Two Cents", the streaming media show. Late in the month I'm the guest speaker at the Bridgeton Chamber meeting. All of these talks will focus on the dramatic changes in how accountants now serve the community. I spent much of today gathering notes and organizing the presentations. #taxpro

  45. Tomorrow evening I will be the guest on Jim Quinn's cable TV show in Millville. Later this week I have a second group presentation in Mount Laurel. Hopefully we resume TV studio filming "My Two Cents", the streaming media show. Late in the month I'm the guest speaker at the Bridgeton Chamber meeting. All of these talks will focus on the dramatic changes in how accountants now serve the community. I spent much of today gathering notes and organizing the presentations. #taxpro

  46. Tomorrow evening I will be the guest on Jim Quinn's cable TV show in Millville. Later this week I have a second group presentation in Mount Laurel. Hopefully we resume TV studio filming "My Two Cents", the streaming media show. Late in the month I'm the guest speaker at the Bridgeton Chamber meeting. All of these talks will focus on the dramatic changes in how accountants now serve the community. I spent much of today gathering notes and organizing the presentations. #taxpro

  47. Accounting trends:
    “Not only don’t we have enough bodies, but those in positions are not as qualified” - guest comment by Amber Setter on the latest episode of Cloud Accounting Podcast #taxpro

  48. Accounting trends:
    “Not only don’t we have enough bodies, but those in positions are not as qualified” - guest comment by Amber Setter on the latest episode of Cloud Accounting Podcast #taxpro

  49. Accounting trends:
    “Not only don’t we have enough bodies, but those in positions are not as qualified” - guest comment by Amber Setter on the latest episode of Cloud Accounting Podcast #taxpro

  50. Accounting trends:
    “Not only don’t we have enough bodies, but those in positions are not as qualified” - guest comment by Amber Setter on the latest episode of Cloud Accounting Podcast #taxpro