Tyler Menzer

PhD CPA Assistant Professor at @TCU. Argues with people who agree with me. Official Matt. All views are my own. (He/Him) @ menzer on the other one

[Tyler Menzer @Tyler_Menzer]

Just putting this here for future reference anytime someone says: "but I have never been audited on it"

#taxtwitter

AICPA SSTS 2.1.8(a)

[Tyler Menzer @Tyler_Menzer]

@RyanRadia @paulnovosad Part of my issue is I think the smart features in Gmail mean that some of your data can be used for training

[Tyler Menzer @Tyler_Menzer]

@paulnovosad @GeminiApp Yeh went through the same thing a few weeks ago. Apparently auto sorting emails to different folders when they come in is a "smart feature" that can't be done without AI.
.

[Tyler Menzer @Tyler_Menzer]

@atteonthephone I think so, yeh

[Tyler Menzer @Tyler_Menzer]

@RichardCrainCPA @pslohmann That's how I have been paid most of my working life 🤣

[Tyler Menzer @Tyler_Menzer]

@Michael_in_biz @pslohmann Do you not do any accrual accounting or budgeting?

[Tyler Menzer @Tyler_Menzer]

Tell me you don't understand accruals without telling me you don't understand accruals...

[Nick @cofoundrynick]

My business lost $11k last month.

Note to self when starting another business: make sure payroll is 2x/month, not every 2 weeks.

Every 2 weeks means there are 2 months with 3 payrolls.

[Tyler Menzer @Tyler_Menzer]

@forivall @ChristianityOn I would say most surveys of non-connected individuals (e.g. political polling) have response rates under 10%, and sometimes even lower than 1%. When you then add trying to reach certain populations (ex. corporate executives), it gets even lower

[Tyler Menzer @Tyler_Menzer]

@atteonthephone Fyi, Matt Levine's discussion a month ago with Jeremy Malatz from susquehanna goes over basically this exact fact pattern in a different setting.

[Tyler Menzer @Tyler_Menzer]

@Andrew_Semenza @moultano It can be hard even for professionals to spot. It is impossible to tell of, for example, a shower was properly waterproofed without tearing put the tile, or that the correct sanding and base coats were done on a paint job.

So many cheap shortcuts can be hidden easily

[Tyler Menzer @Tyler_Menzer]

@AlanMCole X timeline perfection strikes again...not killing, but also definately not just a normal software

[Tyler Menzer @Tyler_Menzer]

@WillMartinSC @questionableway @JessicaNutt96 @SpecialPuppy1 Many of the assembly Republicans lost their job too

[Tyler Menzer @Tyler_Menzer]

@ETXFarmLife @CPATaxTeam If I could do one thing with the IRC, it would be to revamp reasonable comp rules 🤣

[Tyler Menzer @Tyler_Menzer]

@SpacecoastPix @mboorstein I am doing some non-medical economics research right now, and honestly I would kill for a response rate a 1/10th of the size

[Tyler Menzer @Tyler_Menzer]

@wint3rmute35126 @mboorstein Wait until you hear about the response rates for political polling...

[Tyler Menzer @Tyler_Menzer]

My biggest flaw is that I will absolutely stop to collect some acorns if I come across them regardless of where I am traveling

(yes, they get planted and grown)

[Tyler Menzer @Tyler_Menzer]

@myhandle No one would really be angry at this (Suck Up! for example was widely seen as a good use), but instead, what AI is actually doing to gaming is allowing instant "remakes" of games before they are even released, choking indies with good ideas

https://t.co/Z2nJTlYO4Z

[Bimal Desai @bimald]

Strictly from a biomedical research perspective, grad student strikes seem really dumb. First, PhD candidate status is nothing like regular employment. Second, PhD advisors go out of their way to advance their students’ careers long after graduation. It is a long-lasting bond that most faculty take extremely seriously. Sustained mentorship provides a huge tailwind well into mid-career - something that a former employee can never expect from their supervisor. Unionizing makes a mockery of this old compact. Walking out on your lab to join a picket line turns the relationship into a cheap transaction that does not serve student’s long-term interests. Sure, we would all like salaries to be higher, but this depends largely on federal research support. Labs are already shrinking dramatically - a modular R01 can barely support one graduate student. Students unionizing for higher wages is as useful as faculty doing the same.

Before starting a PhD, understand that you will depend on taxpayer support but the public barely understands your research contribution and does not really care about your living standard. They have their own fish to fry and frankly, a good chunk of the American population is not going to buy that a grad student on a ~$60K stipend and zero tuition is being exploited. Decision to pursue a career in biomedical research is a difficult one and for most people, not a pragmatic one. It’s bit like choosing to be an artist - do it only if you have a compelling urge for it.

But if you decide on pursuing a PhD, your dominant strategy should be to prioritize scientific discovery, publications, graduation, and advancing into your chosen career (academia or industry). Wasting time on a picket line for a few dollars more is going to be counterproductive because you are only delaying your graduation.

[Tyler Menzer @Tyler_Menzer]

@invariance Universities generally cannot pay differentially based on marital status.

So this question basically never goes away, it would just changes...

"Married workers can barely afford to support their family while single workers have above median incomes"

[Tyler Menzer @Tyler_Menzer]

@danielluo_pi @BobMurphyEcon Nothing in the actual text says this is a complete information game!

It is an assumption that you may make given how firms have typically asked questions/wanted answers, but it is an assumption...

[Tyler Menzer @Tyler_Menzer]

@ForemanTaxLaw I am just stuck on a portfolio split between stocks and securities...