Smells like an analytics deal

Sweep account, baby! Sweep it under the rug

I think we need a flair in this sub for Canadian accountants. The accounting field in Canada seems brutal.

Sounds like you’re looking for ammo to support your existing argument instead of looking at the economy to understand what’s going on and why, and then evaluate what you learn to formulate a valid argument. In a sense, you’re no different than your relatives.

The economy is in a better place for sure, but it hasn’t really affected people much since the prices are still too high and they can’t afford new homes and it’s likely short of a serious recession, this won’t change. We’re entering a brand new economic reality and many people won’t adapt.

Dummy

I know who you’re talking about. We’re probably about the same age. There was Scumbag Steve and then Good Guy Greg.

Can I ask the origin of your name?

The problem with Ekglass is he’s ALWAYS playing with an injury.

Those guys are way too fucking stupid to comment on taxes

The income/property/sales tax advantages are nothing new. Did higher taxes help the California teams 10 years ago?

Actuary wouldn’t be useful unless they were talking pensions

No statute of limitations on fraud, scumbag.

All these places are the same. Some have good culture, some have interesting work, some pay well, some have a good career progression/path. It’s rare to have all four of those, and two is doable, three is great. There’s always going to be trade offs with those four attributes.

I’m so happy you’re getting away with cheating. I bet your CPA is a real superstar. When he hands you your tax return, is there spilled coffee and cookie crumbs on it? 😂

TikTok, CPA

TBL are closer to the lotto than contending

This should be in r/taxpros

But to answer your question. How would you feel if you left this open on the wrong computer and your clients read it?

Happy to contribute. I’ve been reading this sub since 2018 when I was looking to go back to school and undecided.

In many areas, JDs handle the 706 and the accountants handle the 1041 for estate income. It’s a controversial issue. I’m staff at my firm and prepare a lot of trust/gift tax returns. Where we are, the JDs usually do the 706 and give us the 709/1041s.

On CPAacademy.com, they just did a portability presentation and it was a pretty good round up of the basics, but didn’t show how to file. You can watch it on demand or even download the slides.

https://www.cpaacademy.org/archived_show/a0D2S00000sHPMCUA4

In 2026, the estate tax exemption and DSUE is being cut in half, so your client has a strong interest in getting this right, especially if they are going to be alive longer than 5-10 years. (She will probably have to pay estate taxes if she doesn’t get DSUE)

I would subcontract this out to a trust and estate tax lawyer and see if you can get some of their trust accounting’s, 1041s, and 709s on the backend. You’re going to have to learn a lot to do it right to where the fee you get might not even be profitable and you could really screw this lady.

He’s fucking you. There’s a rare situation called a “statutory employee” where someone who is W4 can take Schedule C deductions, but what he’s talking about will cause you to pay more because of self-employment taxes. He can’t make you an LLC, either, you have to file that with your state.

You should work for a local CPA firm for at least a couple of seasons to learn how to prepare taxes. No two customers are a like, and the easy clients with just 1040s and even Schedule C are able to do their taxes with Turbo Tax. Enforcement isn’t where it needs to be to make those clients think twice about making mistakes, imho. With your background as a marketing professional, you will be very successful, but you still have to learn the job.

I was just going to say the same thing. Especially if this dude is young, he should shuffle the deck and try someone else.

Sounds like you did something shitty, but it’s bad management 101 to threaten to fire someone in the review notes.

How about Pradjeep?

Mac guy, but I have to have a PC for the Excel shortcuts