A.J. Spring

Golf enjoyer, Wake Forest fan, accountant, dad, etc.

[A.J. Spring @ArthurJSpring]

I would like the record to show that I enjoy working with 98% of my clients, you're just not going to see much of it on here because "I had a client call today and it went fine" just doesn't make for good Twitter

[A.J. Spring @ArthurJSpring]

There are two types of rental property tax clients:
A: here's all expenses by property, all the admin is allocated, and sorry my MileIQ report rounds to the tenth of a mile, I'll be more precise next time
B: what do you mean the individual property rents have to equal the total?

[A.J. Spring @ArthurJSpring]

This is your regular reminder that most IRS notices are actually pretty easy to understand if you can be bothered to read them

[A.J. Spring @ArthurJSpring]

@olsonplanner Even better was the IRS's response, which was basically "we think we're doing a fine job of auditing S-corps, thankyouverymuch!"
If you're a believer that the law is what gets enforced, reasonable comp is basically a suggestion right now

[A.J. Spring @ArthurJSpring]

It is painfully on-brand for the AICPA not to have double-checked (some might say audited 😏) the listing of membership perks in an email about the wonderful benefits of renewing
(The communities platform is in fact called Engage365 in case you were wondering)

[A.J. Spring @ArthurJSpring]

Good news is I’ve officially reached regular status at my coffee shop
Bad news is the cashier that works most days thinks my name is Tim

[A.J. Spring @ArthurJSpring]

@LoZabransky They may end up having to rename the Streisand Effect by the time you’re done 😅

[A.J. Spring @ArthurJSpring]

@CPA2Solutions Doubling your rate sounds good until you ask yourself “would I rather deal with this jackass at $2x, or have two good clients at $x each?” which is a lot easier way to figure it out than trying to translate a client’s effect on your sanity into a dollar amount

[A.J. Spring @ArthurJSpring]

No question fazes me anymore due to the frequency that I ask myself the most difficult question for most accountants:
Did you misprice this client or should you just fire them?

[A.J. Spring @ArthurJSpring]

@CPA2Solutions In general I agree but experience tells me that really bad clients should just be kicked to the curb immediately because it’s easier than increasing their fee by 40% three years in a row and still firing them

[A.J. Spring @ArthurJSpring]

@BrianDavisTax It's wild how many people are completely unable to grasp the concept of garbage in, garbage out

[A.J. Spring @ArthurJSpring]

Partner B of a longtime partnership client called out my draft return for "inaccuracies"
My annoyance is turning into glee a little more w each email as our ongoing exchange slowly but surely reveals that it's really just partner A's accounting work being hot garbage :)

[A.J. Spring @ArthurJSpring]

The answer, of course, is "it depends"

[A.J. Spring @ArthurJSpring]

@LoZabransky I've always suspected that taxfluencers believe clients not being audited means their tax strategies are a-ok, but I gotta say it's a real thrill to see that assertion spelled out in black and white

[Zack @EliteGolfDad]

Hi.
Guys at golf tournaments.
If, umm.
If you could simply shut up.
No, no. No rebuttal.
Just shut up.
You’re not funny.
You’re not cute.
You’re not witty.
You’re an idiot.
We all think so.
We all hate you.
Your wife and kids are embarrassed by you.
So.
Shut up.

[A.J. Spring @ArthurJSpring]

@LizMpersonal We keep the extra half year on the bottom shelf of the closet with all the extra deductions

[A.J. Spring @ArthurJSpring]

For the 1000th time, your tax pro is asking you questions because theyre trying to HELP you
If I ask about your $50k office reno and I get details, I'll expense what I can and depreciate the rest
But if you say "we redid our office" then that whole thing gets 39.5 yr depreciation

[A.J. Spring @ArthurJSpring]

(For the record I did play golf this morning but I was able to do that pretty much whenever I wanted at my previous job too. Like I said, it's great but it would be really shortsighted of me to make that my reason for being a Business Owner)

[A.J. Spring @ArthurJSpring]

Was talking about my new firm today and consciously realized something that was rattling around in my brain:
A lot of people think that the "freedom" around owning your own business is that you're your own boss, and you can work whenever you want, etc, and that's true but...(1/x)

[A.J. Spring @ArthurJSpring]

decisions that I get to make. Some are big, some are small, some are decisions that I don't even want to make, but the point is that if you think playing golf on a random Thursday is THE reason to make the leap, I ask that you carefully reconsider your "why" before doing so