Sam M

Husband, Dad, Traveler, Tax Prep (EA) ❤️🌎

[Sam M @SamMinIowa]

@cordes_tax Delete and add paragraph in client notes about how portal works and how it saves them and us time to only do it once.

[Sam M @SamMinIowa]

@FortWayneCPA Over-regulated. More government involvement will increase the prices more.

[Sam M @SamMinIowa]

@kpomerleau The property taxes should be tied to the FMV at time of purchase, so they are predictable. I’m ok with an annual x% increase for inflation, but it shouldn’t be reassessed. That is taxing unrealized gains.

[Sam M @SamMinIowa]

@CMcCulloughEA Use last pay stub of 2025 and divide overtime amount by 3 assuming overtime is paid at time and a half.

[Sam M @SamMinIowa]

@cordes_tax Read The Well Trained Mind if you are new to homeschooling. Don’t feel like you have to implement all of it to be successful.
Ordinary Parents Guide to Teaching Reading
Horizons Math

[Sam M @SamMinIowa]

@FortWayneCPA Voted no. I'd rather just let a drone hover over them until they enter US waters. However, I think it is naive to act like this is some new thing without precedent. The only thing new-ish is bragging about it on social media.

[Iris Seraphina  @iris_seraphina]

Grandpa just casually pulls out $100,000 💰

[Sam M @SamMinIowa]

@taxretreat Dubai

[Sam M @SamMinIowa]

@cordes_tax I use it.

[Sam M @SamMinIowa]

@WallStreetApes Property tax should not be allowed to increase until it changes ownership otherwise it is a tax on unrealized gains.

[Sam M @SamMinIowa]

@bsuecannon @ShaynaCPA He's describing an assessor. Actuaries basically assign a dollar value to every possible risk based on probability to make sure insurance companies charge enough to always make money. I took an actuarial science class my first semester, made the rest of my finance classes easy.

[Daniel J. Stefanski, EA @danjstefanski]

Two people retire with identical portfolios

One thrives while one ends up with nothing

This is the power of "Sequence of Returns Risk"

The greatest threat to new retirees

Let’s talk about how to fight it🧵

[Sam M @SamMinIowa]

@cordes_tax @CompassTaxEd I was on the same webinar! Really enjoyed it.

[Community Notes & Violations @CNviolations]

How did they even discover this?

[Sam M @SamMinIowa]

@JWellsTax This feels like it's about Chat GPT. I've been reprimanding it a lot lately for this kind of behavior.

[Sam M @SamMinIowa]

@cordes_tax Not sure ages but making a red, yellow, green light system for my door with rules for each has helped (youngest is 6). Make non-work blocks and follow them.

[Alberto Barrera @AlbertoBarrera]

@lindsayballant Reminds me of this

[Sam M @SamMinIowa]

@gaulicsmith Because unrealized gains shouldn't be taxed. If property taxes remained fixed to the purchase price, I wouldn't have a problem with them.

[Sam M @SamMinIowa]

@tryjasononline 1040

[Sam M @SamMinIowa]

@FortWayneCPA @FortWayneCPA_ Done. He just followed me.