J. Shoff • Business Accountant

Founder of Shoff Accounting | Helping business owners make more money by clarifying their financial and tax situation

[J. Shoff • Business Accountant @JonathanShoff]

Helping business owners grow. 📈

We do:

- Bookkeeping/Advisory🧑‍💼

- Financial Reports that actually help you increase profits 💸

- Tax Management to simplify business taxes and suggest strategies for savings 💰

[J. Shoff • Business Accountant @JonathanShoff]

@MediaKing @occamsexacto This is the kind of X that I am here for.

[J. Shoff • Business Accountant @JonathanShoff]

Don't fall for this! This is a scam or a phishing attempt. Even if you have an E-Fax account, don't click on links from emails like this...the email address doesn't even have e-fax in the name. Best to log in to your E-Fax account to independently verify any email notifications.

[J. Shoff • Business Accountant @JonathanShoff]

🫡Here to serve business owners with their tax and bookkeeping needs. We also provide ongoing accounting and tax support to help our clients navigate an ever changing business landscape, answering their questions, we're there for them when they need us. We'll do their personal taxes as well.

Schedule a zoom meeting with me:
https://t.co/Z45r41r05u

[J. Shoff • Business Accountant @JonathanShoff]

If you're running an informational/educational youtube channel put some pauses in your videos. Youtube premium users aren't seeing any ads so you're sounding like an 8 page runon sentence.

The AI slop is the worst for this.

For the love of all that is good, take a breath.

[J. Shoff • Business Accountant @JonathanShoff]

I've been self employed for the last 16 years. My wife and I had no trouble getting a mortgage in 2021. IMHO, ability to get a mortgage hinges on three things:

1.) A lender that's willing to work with self-employed folks.

If your lender is giving you trouble, find another lender, they're a dime a dozen.

2.) Competency and work ethic of your mortgage rep / broker

Applying for a mortgage when you're self employed requires more steps. If your broker isn't up for the challenge, go elsewhere, they are also a dime a dozen.

3.) Your own financial organization.

You'll have to supply 2 to 3 years of tax returns, business financial statements, business bank statements, and business credit card statements. All of these things need to match up. Your bookkeeping will need to have been done well and accurate... As well as your tax returns.

If you're writing off every expense that you can get your hands on, such as tons of personal expenses, so that you can drive your tax liability down to zero by showing no income, then you will not be able to get a loan. Your tax returns in this case are wrong at best, and tax fraud at worst. Don't blame the broker or the lender for your shortcoming in this area (too many self employed people do this on many levels).

Also, if your business' bookkeeping is a dumpster fire, OR you're several years behind on filing tax returns, OR you don't submit all of the data asked of you to the broker/lender, they are not going to move your deal forward expediently, or at all.

I hope this helps!

[J. Shoff • Business Accountant @JonathanShoff]

Trillion dollar question?

[Matt Paulson @MediaKing]

If your AI agent is making you 10 times more productive, why aren’t you making 10 times as much money?

[J. Shoff • Business Accountant @JonathanShoff]

@ProfPhysics2 100% passive income pursuers should take note.

[J. Shoff • Business Accountant @JonathanShoff]

My firm does the accounting for a lady that makes incredible money. She is a top of the line realtor. How did she get there?

She takes full charge of every listing, cleans up the house if needed, get's the yard spruced up, uses a fancy photographer, pays for it all.

You won't find a harder worker. There are no shortcuts.

[J. Shoff • Business Accountant @JonathanShoff]

Owning a business isn't easy. It makes you change fast...but you also improve fast.

[Zach Molzer @molzer]

Owning a business is thinking about how stupid you were 6 months ago, every 6 months

[J. Shoff • Business Accountant @JonathanShoff]

@unhurriedself @Romy_Holland Amen to that!

[J. Shoff • Business Accountant @JonathanShoff]

@RDriscollCPA @claudeai 🤝

[J. Shoff • Business Accountant @JonathanShoff]

@tax_zack Hitting them with a 1, 2 punch I see...

[J. Shoff • Business Accountant @JonathanShoff]

@unhurriedself Hang tight, you got this!

[J. Shoff • Business Accountant @JonathanShoff]

@TheSalonDon Happened to my wife and I when buying our last home many years ago.

I called the agents bluff.

We've owned the home ever since.

[J. Shoff • Business Accountant @JonathanShoff]

@tax_zack That is awesome!

[J. Shoff • Business Accountant @JonathanShoff]

@signulll IMHO, that depends on what they are yapping about and what kind of person they are.

But generally speaking...I'd agree with your statement.

[J. Shoff • Business Accountant @JonathanShoff]

@planert41 I couldn't agree more!

[J. Shoff • Business Accountant @JonathanShoff]

@realEstateTrent When I visit there, that's part of the adventure.

It's like an amusement park ride.

I also had the same experience in Vegas.

[J. Shoff • Business Accountant @JonathanShoff]

@unhurriedself 🫡 I come from a long line of accountants.