In the category of repealed tax laws that never die, I just had a question where they thought they had to roll the proceeds of a personal home sale into new house to get gain exclusion/deferral. That law died in the late 90โs but I still hear it from people in 2022. ๐ฑ๐ฑ๐ฑ
The Gifts that Donโt keep on Giving โ Which Way's Up? So this blog post really sticks the landing. And it hurts in a good way if you are a male. https://t.co/0K8ZberLC4
@CariWestonCPA I made the transition 6 years ago. If only my tax prep software would escape the 90โs I could be full Mac. For now, I run Windows in parallels on my Mac to access the tax program. It works. But the new M1 Macs donโt do Windows x86 in virtualization.
Between ERC, PPP, prior Stimmy and proposed Stimmy, I wonder if Iโm inside the movie ๐ฅ INCEPTION. OMG. Levels upon levels.
Just yesterday freaked out about Advanced Premium tax credit on a 1040 because ERC wages in 2020 would increase income on a 1040. Trip wires everywhere.
Okay #TaxTwitter and @taxgirl - Iโve got clients contacting me that their 4th quarter tax payments sent by mail have not cleared yet. I never get these kinds of calls.
Anyone else seeing mail delivery delays specifically for tax payments?
The Pandemic War is an actual war we must fight and win. the virus is surging, and evolving. we must surge back, and evolve faster than the virus. here's my proposed plan and analysis...
Stuck reading PPP 2.0 stuff today.
๐ Definitely miss @JStaatsCPA dishing the automation goodies which has been the 1 pm time slot every Tuesday for past 2 months.
@taxgirl Definitely go with 27โ. Itโs the much more finished product over the 21.5โ. You will get used to the 27โ very fast. I went from two monitors down to one 27โ 3 years ago and never looked back. I have a small laptop and iPad for additional screen real estate when necessary.
@JStaatsCPA Channeling some Brene Brown? Iโve gone down the vulnerable path with some family relationships and itโs been great so far. I can see lots of potential in a profession that has been traditionally based on being โcorrectโ above all else.