@annbauerwriter You should be collecting a W9 and reporting payments over $600 ($2000 now in 2026) via 1099. No escaping taxes there. If you don’t do this, YOU are actually liable to the IRS. Also you should have a contract that stipulates payment terms and methods.
@elonmusk Imagine an airline in an industry that is specifically catering to business customers, not providing the main thing business customers need… fast, reliable wifi… it’s like a coworking space offering dial up…
@davidclowery 100mph rail anywhere is dumb. You could build a highway with a @Tesla FSD only lane, and allow them to drive 100 (or more) much cheaper. The infrastructure allows others to benefit and doesn’t tie up billions in wasteful and impractical rail. @elonmusk should hire me to run this.
@MediaKing No, they will tax the person giving the money… and actually not even tax the giver, until they exceed their lifetime gift exemption… if you need a tax advisor, I may know someone…
@RBReich CEO’s don’t make a $20M salary. Stock options and dividends aren’t subject to FICA. This will crush small businesses owners way more than CEO’s and destroy the economy more than help keep SS solvent. The key is creating more jobs, not taxing the job creators more…
@tfbuck@QBCares I shared very similar feedback and confirming, they don’t care… great opportunity for a startup to disrupt this market. Accountants would flock to a reliable no nonsense accounting software…
@AndrewYang Intuit’s products have gotten worse every year, and their AI makes it exponentially worse. There isn’t a product or company I hope fails more!
@MattBrownEP Unless the kid is from Mississippi, this will have no real impact on the kid’s state tax owed (home state taxes ALL income regardless of where earned). It’s is ONLY hurting Mississippi… you couldn’t design a more stupid policy if you tried…
@FortWayneCPA@BuzLivingston While not perfect, could phase out with interest / dividends / capital gains over a certain amount. If people go to lengths to not earn any of that income just to get a $3k credit then they have bigger issues :)
@Pacers@GainbridgeFH Fyi, your attempt to make these tickets “accessible” at $5 makes them actually inaccessible for the average fan. Being resold 100x and robbing money from Pacers Foundation. Easy solution is to go to auction pricing. Guarantees max money for Foundation and actual fans are there.