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For all the latte lovers of #taxtwitter have you seen this new product by Dreo? Just went up on kickstarter today, looks like an awesome milk frother…I just backed it. kickstarter.com/projects/dreo/…

Hey #taxtwitter not sure if any of you are around the Hilton Head Island area, or have clients there, but in case you haven’t heard a man went missing there last week and there is a big search going on to find him. I figured this might be a good place to mention it since they

My oldest son wanted to go outside this morning at 7am and play with his “blue truck” (you know, one of those little tikes ones with the yellow top)…managed to hold him off til 8:30am so as to not wake the whole neighborhood on a Sunday. As I’m sitting here while he colors on

If you’re a mortgage lender that is going to look at tax returns to qualify borrowers, please at least learn the difference between wages paid to an S Corp shareholder and wages reported on the QBID worksheet.

People are worried about what data is used by OpenAI to train ChatGPT when Intuit is out here just creating AI models based on millions of small business’ bank, payroll, and transaction data……….

Anybody going to the New England Practice Management Conference that starts tomorrow? #TaxTwitter

If you’re struggling to find the balance between spending time with your kids and building the business/career you’ve always dreamed of, just remember plenty of people have built successful businesses or careers later in life, but nobody has ever had a second chance to spend more

My 2 year old asks for a smoothie…usually my wife makes them but she’s working so I said sure I’ll make one Followed the same proportions my wife does (at least I thought I did) only for my son to take one sip and go “not very tasty” Is there a bigger insult from a 2 year old?

I don’t like dunking on other tax pros but I just saw a 1065 prepared by H&R Block that is an embarrassment to the profession. Entity doesn’t meet the requirements to not report a balance sheet so one was required… First off it should have been a first year return because it

Tax season food hack…buy a couple Costco pizzas, pop them in the freezer and whenever you need a quick meal throw it in the air fryer or oven for a few minutes. Is it great pizza? Eh not really, at least compared to the local New Haven stuff (did somebody say pizza capital of

How can you pardon someone before they’ve even been charged with a crime? Preemptive pardons shouldn’t even exist

We’re living in some wild times…had a 20 minute conversation with ChatGPT this morning on my way to a networking meeting. Not only did it help me prep for the meeting but it helped me brainstorm more ideas of how I can use it in my business

Hey Josh Allen if you come to the New York Jets you can feel that kind of disappointment every game

Wanna hear a wild IRSnews story? Friend of mine had issues filing this year for their 14yo son. Got rejected saying they needed to provide an IP PIN. They never requested one and had received no communication. Calls the IRS and it turns out in 2021 the son was flagged for

It was fun to take a break during this busy time of year to talk with a great group of high school students about business!

I hear this argument all the time lately…I understand why many people think the IRS has all the info for what you owe, and for people with just W2s they probably do, but the IRS doesn’t know how much you paid in state income and property taxes, what you paid for child and

This post is just a massive dumpster fire of people who have no clue how taxes work giving tax advise…

Hey Dunkin' can you please explain to me why you can’t use the Espresso Drink reward for a Dunkalatte? Based on your terms and conditions it’s not excluded, but the app won’t let me use the reward for it and your customer support told me it’s not applicable despite

Anybody else feel like something broke with withholding for 2024? Keep seeing clients that are under withheld this year

“The IRS knows how much you should owe so why can’t they just file returns for us?” I’ve been hearing some version of this quite a lot lately and the fact is it couldn’t be further from the truth. First, if you own a business, the IRS does not have any idea what your business