Ben Rush

Dad to 3 great boys. CPA/owner of local accounting firm. Go Hawks and Royals!

[Roger Ledbetter @rledbetterCPA]

Teaching my oldest son about taxes

Tell him he owes me 20% of his "adjusted allowance"

He asks what "adjusted" means

Hand him a "publication 17" I made up

He asks which deductions apply to him

Tell him to read "section 4" (there is no section 4, it's been superseded by 5(1)(a))

He comes back asking if his Pokemon card collection is depreciable

I say "maybe" if he trades any for gain

What's "gain" he says

He asks if he can just give me his whole allowance instead

He says "that would be easier"

I say "we don't tax 100%. this isn't New York"

He asks what that means

I hand him "Form 18" and tell him he has to choose how he wants to be taxed

"but be careful because the wrong choice could double your tax rate to 40%"

He says "this is insane"

I say "no son, this is optimizing"

He asks what optimizing means

He asks if other kids have to do this

He says "this is dumb, if you know how much I owe why wouldn't you just tell me"

He understands tax now

I've never been more proud

[Roger Ledbetter @rledbetterCPA]

Americans: The tax code is too complex. It only helps the rich.

Congress: Got it. How about more deductions for those making under $300k?

Americans: Hell yea! What's the catch?

Congress: More complexity and crushing national debt.

Americans: ... deal.

Form 1A, everybody

[Ben Rush @benmrush]

@JohnKesselring @CycloneWBB Traitor

[Roger McEowen - Washburn Law WALTR @WashburnWaltr]

Oh yeah, that BOI thing. Like I have said for over a year at my seminars, there was zero chance that reporting would be required as of 1/1/25. Now CPAs and lawyers are busy rebating the fees charged to file the unnecessary reports. 😆🙄😏

[Daily Tax Memes @DailyTaxMemes]

#TaxTwitter

[Shooter McGavin @ShooterMcGavin]

Bob Uecker should have won an Oscar for his work in Major League.

[Ben Rush @benmrush]

@MikeSyl36625988 It also does not give you more time to pay!

[Oklahoma Department of Wildlife Conservation @OKWildlifeDept]

🎶 You got a fast car,
I got a plan to run in front of it 🎶

[Ben Rush @benmrush]

@baseballinpix Best movie ever period.

[Kansas City Royals @Royals]

Repost for a chance to win this signed Salvy bat!

#RoyalsFanAppreciation

[Nick Huber @sweatystartup]

If your CPA is a Democrat, you need to find a new CPA.

[Ben Rush @benmrush]

@Eric_Branch If you can't beat them, join them.

[Sickos Committee @SickosCommittee]

We here at the Sickos Committee, as Iowa fans, are here to support Brian Ferentz's "Climb to 325." Each week, we'll be showing his progress.

Volume Up.

[Kansas City Royals Authentics @RoyalsAuthentic]

#Giveaway - Must FOLLOW @RoyalsAuthentic & RT for a chance to win.

With Father’s Day coming up quick, we’re giving away a Salvador Perez Autographed Father’s Day bat!

One winner will be picked at random on Friday, 6/16/23 at 4 PM CT.

[Ed Zollars, CPA @edzollars]

IRS issues yet another news release on ERC mills and unwarranted ERC claims direct at businesses and exempt organizations. #TaxTwitter https://t.co/hXZSoQftzu

[KJAN Radio @KJAN1220]

"A Community for Kids" introduces a new area digital guide for families https://t.co/o8Iw35xe9R

[Herky The Hawk @TheREALHerky]

Since the last time Iowa State has beaten Iowa in football, there have been:
19 Marvel movies
3 sitting Presidents
4 Tom Brady Super Bowl rings
Keep it rolling, Hawks!
#BeatState

[Ben Rush @benmrush]

@tylercalfee Was Hooters not open?

[Kansas City Royals @Royals]

RT for a chance to win a Whataburger gift card and a signed Benny bat!

#TogetherRoyal