Joseph Pritchard

Husband, Dad, Farmer, CPA, #TaxTwitter Be nice to everyone you meet, for they are fighting a battle you know nothing about.

[Joseph Pritchard @JoeMomma_88]

Update, his partner and him are on the outs and want to dissolve the partnership as soon as possible. Partnership is going to last 13 months.

[Joseph Pritchard @JoeMomma_88]

Happy “oh yea I also formed a Multi Member LLC last year” day to all those who celebrate! #TaxTwitter

[Joseph Pritchard @JoeMomma_88]

@MBurchTax @IRStaxpros Fund the IRS

[Joseph Pritchard @JoeMomma_88]

Any #taxtwitter members from North Carolina that could answer a few easy questions for me?

[Joseph Pritchard @JoeMomma_88]

New Client: here is my schedule of income and expenses. How soon will my taxes be done?
Me: sees that ALL figures are rounded to the thousand.

Me: yea, this isn’t going to work for me.

It’s 11:30pm and I don’t have the energy or patience for this.

#TaxTwitter

[Joseph Pritchard @JoeMomma_88]

@AccountingAsArt Total overtime and 1/3rd of it qualifies for the deduction

[Joseph Pritchard @JoeMomma_88]

@gaylortax The season is still early lol

[Joseph Pritchard @JoeMomma_88]

Happy “oh yea I also formed a Multi Member LLC last year” day to all those who celebrate! #TaxTwitter

[Joseph Pritchard @JoeMomma_88]

#TaxTwitter prior preparer filed 2024 extension under the assumption of MFJ, they ended up filing MFS. IRS issues late filing penalties to spouse (assuming extension is under taxpayer SSN). Any relief for the spouse? What’s the procedure?

[Joseph Pritchard @JoeMomma_88]

#TaxTwitter are powerball winnings taxed in the year you win, or when you claim the ticket? Asking for a friend.

[Joseph Pritchard @JoeMomma_88]

Anyone in #TaxTwitter specialize in Non Profits? I have a situation that I could use some basic guidance on. Specifically involving private interest rules.

[Joseph Pritchard @JoeMomma_88]

#TaxTwitter I have a question..if the partners of an LLC have an agreement to sell all their membership interest in one month to an outside buyer, but they are still winding down operations 2 months later, what do you use for final date for final tax return preparation?

[Joseph Pritchard @JoeMomma_88]

Are you even a Husker fan if you don’t get PTSD flashbacks every year watching the Ireland kickoff game? #onsidekick

[Adam Schefter @AdamSchefter]

Happy Bobby Bonilla Day: Bonilla is set to collect another $1.193 million from the NY Mets today, as he will each July 1st through the year 2035.

[Joseph Pritchard @JoeMomma_88]

@Taxsavvyjessica @jokermend I’m interested in this! Can you give an example of what you are automating?

[Joseph Pritchard @JoeMomma_88]

@terrilee62 I am coming from 10+ years of CCH Prosystem..not going to be able to afford that

[Joseph Pritchard @JoeMomma_88]

#TaxTwitter if starting a solo practitioner firm (hopes to grow) and 250 tax returns, payroll, bookkeeping what do you think about this tech stack?
Tax Software: UltraTax
Practice Management: Canopy
Stanford Tax
Tax GPT
Adobe
Microsoft Office
AuditFile
Quickbooks Desktop
Yearli

[Joseph Pritchard @JoeMomma_88]

@Taxsavvyjessica @tryjasononline Thanks! I’m going to give Tax Dome a serious look!

[Joseph Pritchard @JoeMomma_88]

@LoganGrafTax Maybe $15k?

[Joseph Pritchard @JoeMomma_88]

@theycallmeking_ Wow..real productive comment…thanks for sharing..

[Joseph Pritchard @JoeMomma_88]

@taxlady04 Is Karbon more for firms with multiple employees? Would it be too much for just a solo practitioner?

[Joseph Pritchard @JoeMomma_88]

@BuffCpa I haven’t used TaxGPT either but I’ll look into BlueJ!