@thomasince Honestly, a valuation with a tad of scrutiny on problem areas might make more sense for this size rather than full QoE. I'm at a top 10 and we'd probably be able to do at $20-25k.
I've seen so many 1125-E's with only the total compensation reported and under Name or Officer some firms put "Available Upon Request". Why are folks reporting like this? #TaxTwitter
@bhallcpa Hey Brandon, I sent you an email containing 12 questions and a list of 5 documents I need to complete your return back on February 6. Also sent two follow up emails. Please address those items so that we can complete your return.
@nittiaj@Aprilshowerstax@DamienMartinCPA Tony, before I listen, would you say your passion for this topic is higher or lower than your passion for the classification of a real estate professional?
@bhallcpa Not in the current environment. I feel like tax suffers more than other groups when it comes to talent shortage so there's room for everybody in the industry. However, a stroke of legislation could kill it overnight, as unlikely as that may be.
@justinmilleresq Thanks Justin. I just opened an LLC, 50/50 with my dog. Bought like 4 commercial properties. Then filed a technical termination, which I got a one time allowance to use by the IRS despite the repeal. Now nobody has to pay tax on the income because it goes to nobody. Thanks.