Devon

CPA 👨‍💼

[Devon @DLiljenquist]

I would appreciate it if my followers could do me a solid and follow our CPA firm’s page! @TySnook33 @MoneeyyMike

https://t.co/YMzP1dnXR7

[Devon @DLiljenquist]

@LoganGrafTax Just had a client get a letter today that says they need to file a 2024 return. IRS accepted the return last fall… I have the confirmation. So yes, seeing some of these shenanigans too.

[Devon @DLiljenquist]

@fintaxdude I have resorted to calling senators @MichaelBennet is on the IRS oversight committee. I haven’t heard back but if enough people reach out it should get his attention.

[Devon @DLiljenquist]

@kevlaluyan @MichiganMattCPA Can’t say the same for myself

[Devon @DLiljenquist]

@YourLocalTaxGuy Feeling this today. I sent messages to Senators John Thune and Michael Bennet on the subcommittee for IRS oversight. You should too! Enough of us message them and maybe we can at least make it known. @johnthune @MichaelBennet

[Mike Sylvester, CPA @FortWayneCPA]

Please understand that the company that sent this email is just awful and this is the type of advertisement the IRS should pursue with their criminal division.

I am not posting the company's information for obvious reasons. Do not fall for crap like this. I removed the company name and replaced with XXXX.

There is NOT a PPP3 program. It does not exist.

Below is an email I just received. Based on the subject line, they know that my company is a CPA firm.

Subject of Email, SBS CPA Group's PPP3 money and the IRS delay.

Dear Mike,

Sorry my prior emails missed you. As you likely know, the IRS is now pleading with businesses to consult with 'trusted tax professionals' regarding their ERC award, in an effort to avoid fraud and exorbitant fees.

I'm reaching out again to echo this advice and extend a hand of reliable partnership through my company XXXXX. Hundreds of companies have safely secured their funds with us. You can too, despite the current IRS delay.

Our veteran team of former IRS officers, lawyers and seasoned tax professionals are not only familiar with the ins and outs of the intricate IRS program, we can promise you a hassle-free process.

In fact, our fees are not only nominal, you'll only pay us when you get paid -- a testament to our commitment to your financial well-being.

Mike, let's briefly discuss SBS CPA Group's prospects for ERC funding during the IRS backlog and provide an estimate of the PPP3 award you can expect to receive.

Just click here, or let me know when you're free for an initial conversation and we'll calendar a quick initial discussion.

Best,

I seriously hate all companies who send out garbage like this. The IRS needs to visit each and every one of them!

#irs #irsci #erc #ercmill #ercscam #ercfraud #PPP

[Devon @DLiljenquist]

@MikeSyl36625988 Unethical. Would be interesting to see the effective interest rate on some of these. I think you’re technically not supposed to charge a fee for doing it but I’m sure many do.

[Devon @DLiljenquist]

@kevlaluyan @TySnook33 Hopefully we aren’t begging for change in the street in two years.

[Devon @DLiljenquist]

@MikeSyl36625988 We say the same thing in our office. We can’t care more than the client does. We took on a firm where the owner would pull transcripts to file the return for the client… I will not be doing that for them.

[Devon @DLiljenquist]

@TySnook33 @adammarkowitzEA But it balances so that’s a step in the right direction!

[Devon @DLiljenquist]

@kevlaluyan @Cokedupoptions Send me contact info. I am interested.

[Grant Dougherty EA @doutaxsolutions]

If you want to take full advantage of the tax code, you will have to be one of two things:

1. Business owner
2. Real estate investor

Doing one these things opens you up to tons of different tax strategies.

Here are the best tax incentives available for only these 2 groups.

[Devon @DLiljenquist]

@ForemanTaxLaw Make sure to have your trust rent the pool and then pay your kids too!

[Devon @DLiljenquist]

@JonathanTretter In my experience very few clients do this properly. I do my best to talk people out of these unless I know they are very organized and on top of things. Huge ramifications if they screw up.

[Devon @DLiljenquist]

@kevlaluyan @Coll3enG Yep. I was shooketh

[Tad Johnson @brainerdtad]

Should someone tell her it's mainly because Congress made the tax code what it is?

[Devon @DLiljenquist]

@DustinMill11 Getting Derek from Step Brothers vibes here…

[Devon @DLiljenquist]

People who overuse the “High Importance!” tag in outlook need to be stopped.

[Devon @DLiljenquist]

@LoganGrafTax I was told by a CPA we bought out that it stands for Cut, Paste, Assemble.

[Patrick Dichter @patrickdichter]

PSA: talk to your accountant before you implement Profit First.

90% of the time I see owners open +7 bank accounts and make a mess then stop doing it 2-3 months later.

[Devon @DLiljenquist]

@kevlaluyan @taxretreat @AccountingAsArt @AtlantaTax @fintaxdude Broooo imma go and party hard.