Nick Bandujo

Small Business Owner with common sense.

[Nick Bandujo @NBandujo]

@Jason @JDVance Charges were filed in Feb 2024. Pretty sure @jdvance was not involved. How long till this guy buys a pardon?

[Nick Bandujo @NBandujo]

@JoyceWhiteVance If this went to Trump would the 3 times he played golf be listed as one bullet points or 3?

[Nick Bandujo @NBandujo]

My clients are receiving letters from SSA regarding regarding the SSA no longer accepting returns from Zenworks (https://t.co/fRL7kSRuzF). Company sent an email that all was good with no explanation. #taxtwitter Does anyone know what is going on?

[Nick Bandujo @NBandujo]

@atrupar That’s cool. He was also my favorite player growing up and to this day I am still a Twins fan even though I have never lived in MN. #mntwins

[Nick Bandujo @NBandujo]

@Eimear_McManus @CountySligoGC Awesome course and great people. We were there 2 weeks ago.

[Nick Bandujo @NBandujo]

#taxtwitter I have just picked up the 2nd new bookkeeping client in the past two weeks that their prior bookkeeper had set up expenses as bank accounts in QBO instead of expense accounts. Did I miss the memo on a new trend in accounting?

[Nick Bandujo @NBandujo]

@TWhittCPA When I told a client bonuses had to be run through payroll this is the response I received.

"I thought that was the whole purpose of a bonus, not to pay taxes?"

[Nick Bandujo @NBandujo]

@MikeSyl36625988 We are also going to add a clause to our tax engagement letter making it that it is their responsibility to comply with this law. I'm concerned that if they fail to file they will be thinking this was our responsibility to inform them or file for them.

[Nick Bandujo @NBandujo]

@MikeSyl36625988 I think he big issue here is what is considered UPL. We have informed our clients of the law and we have indicate that we can assist with the administrate function of filing but will not be in a position to answer questions or provide guidance as this could be UPL.

[Nick Bandujo @NBandujo]

If I don't tell them, they are not even going to know a filing is due and once they hear filing they will think oh Nick will take care of it.
I'm curious if others are preparing to help their clients with this filing?

[Nick Bandujo @NBandujo]

FinCen B.7 Q&A on whether an accountant is needed for the new BOI filing.

FinCEN expects that many, if not most, reporting companies will be able to submit their beneficial ownership information to FinCEN on their own using the guidance FinCEN has issued #taxtwitter

[Nick Bandujo @NBandujo]

@Astro_Flow That's a cool story.

[Nick Bandujo @NBandujo]

@doutaxsolutions At least we could stop spending time on hold pretending someone is going to talk to us.

[Nick Bandujo @NBandujo]

@DJPie @NoLayingUp @ngschuNLU That was some great content! I really enjoy hearing JT and Jordan talking through their shots.

[Nick Bandujo @NBandujo]

#taxtwitter 7:35 PM and last signed 8879 received and of course completing the return was delayed because of the stimulus. A fitting end to the 2021 tax season.

[Nick Bandujo @NBandujo]

@WTFoote Has the IRS processed it yet?

[Nick Bandujo @NBandujo]

Oddly enough people that wait 8 months to get me their tax info and then call every couple of days to see "how it's going" just doesn't motivate me. #TaxTwitter

[Nick Bandujo @NBandujo]

@taxgirl Another excellent article. I enjoy your reading your articles as they are factual and clear.

[Nick Bandujo @NBandujo]

@SethHanlon If you like baseball - Phenom to the Farm has some interesting stories about players trying to make it the big leagues.

[Nick Bandujo @NBandujo]

@LorilynWilson How about child tax credit at conception and eligibility for EIC? Although the IRS proof of residency requirements for tax preparers could be a little awkward, especially early in the pregnancy.