Tad Johnson

Husband, father, CPA, fisherman, catholic, Minnesotan.

[Dad Jokes @djokes247]

@JonErlichman Gave everyone a head start and still on top

[Tad Johnson @brainerdtad]

@BoujeeFinances Way more than enough. I know delivery drivers with stay at home spouses. It's simply a matter of priorities.

[Tad Johnson @brainerdtad]

@reddit_lies That would be a pay cut for many. LA School district spends 750k per teacher.

[Tad Johnson @brainerdtad]

@wlthyaccountant With an asterisk. Both states define lakes differently. MN has more if you use the same definition of lake for both states.

[Mary @AccountingAsArt]

NEED YOUR HELP:
We are currently using too much of Thompson Reuters - and we are looking for something new. We like UltraTax, Engagement Manager and Fixed AssetsCS - everything else could be changed.

What are other people using? Our biggest concerns are having something that allows an e-signature, plays at least decently with UT and has a friendlier portal.

[Tad Johnson @brainerdtad]

@AccountingAsArt Same! Following this..

[Tad Johnson @brainerdtad]

@AccountingAsArt It's stupid that you can't create the client binder before choosing what level of service (organize/scanpro). Sometimes admin doesn't know based on the initial client docs.

[Tad Johnson @brainerdtad]

@FinPlan_CPA Every time. contrasted by "you owe $135" "WHAT? DAMN GOVERNMENT!"

[Tad Johnson @brainerdtad]

@mountainwesttax Yet preferable to a stack of w2gs for tax prep

[Tad Johnson @brainerdtad]

@FortWayneCPA Welcome back Mike. You're just going to pick a fight right off the bat eh? Curling rocks.

[Tad Johnson @brainerdtad]

@DefiantLs The world buys 90 million cars a year. We would not buy 10x quantity of robots.

[Tad Johnson @brainerdtad]

@MBurchTax Kindly inform them of their compliance responsibilities. Small C3s generally have big hearts and good intentions, but skimp on the compliance. They don't know what they don't know.

[Tad Johnson @brainerdtad]

We are offering free advice on how your investment advisor unwittingly caused extra tax to all our business tax clients for free. Adoption rate has been 100%.

That's $1.5 Million AUM fees eliminated. That's a brokerage firm, if not multiple..... eliminated.

#taxtwitter

[Tad Johnson @brainerdtad]

@wlthyaccountant I only know it's Presidents Day when I check the stock market and forget it's closed.

[Tad Johnson @brainerdtad]

@rledbetterCPA Right so how do you re-allocate it 3 years in

[Tad Johnson @brainerdtad]

@lifeuntaxed Wait you mean I can't create a new account for every asset I buy

[Tad Johnson @brainerdtad]

AI is taking over

[Tad Johnson @brainerdtad]

How time passes as a tax pro

[Tad Johnson @brainerdtad]

@TheTaxNomad 1 surprises me. Does the compliance costs makes an S Corp worthwhile at 100k revenue per owner?