Capsule Business and Tax

All your business and financial needs in one. Come have a chat with us anytime!

[Capsule Business and Tax @capsulebnt]

We get these quite often - stay vigilant in these tumultuous economic times!

[TaxMama® @TaxMama]

Speaking of #Phishing and #scams
Yesterday, I got an email from someone sending me files to open for tax returns.
Don't know her. DELETED THE EMAIL without opening.
Friends, don't open email attachments from anyone you don't know. New clients should not be sending w/o asking.

[Lucia Pacioli @LuciaPacioli]

People in public accounting of those who left: “They couldn’t handle the pressure”

People who left: “Why haven’t they quit yet, they’re wasting time”

Let’s give grace, remember everyone has different talents, goals, life stages. What’s right for one of us isn’t right for all.

[Patrick Droney @PatrickDroney]

hot take - making a folder called desktop, dragging entire mess of desktop into said folder then setting an aesthetically sound background to cap off your hard work is the digital equivalent to throwing all of your clothes in the closet and is underrated.

[Capsule Business and Tax @capsulebnt]

@CBANews I hope the meeting includes turnaround time issues.

[Accounting Today @AccountingToday]

Hindsight is 20/20 and 2021 is finally here. Already the year is showing signs of increased demand for services that CPAs provide. Here are10 areas #CPAs can focus on to add value, grow their practice and serve their stakeholders https://t.co/jePX8C5N7G

[Andrea @andreacpa0]

2021 American Horror Story: 941s

[TaxMama® @TaxMama]

@taxgirl Personally, I am recommending to anyone with business clients - put them on extension.
There are tax credits, other provisions and state conformity, that still need to be clarified and for which we need better guidance. Being on extension, you won't have to amend.

[Nicole Davis @wifemomcpa100]

Anyone seen the draft partnership returns for 2021...🥴 #TaxTwitter

[Cyre Creations ✍🏽🎨📸 @CyreCreations]

I think I should create a directory for black owned businesses

[Capsule Business and Tax @capsulebnt]

We are a #minority owned business and care about all #poc business owners. We want to extend a free preliminary consultation offer for any #BlackOwnedBusiness and business owned by people of color. Contact us for details!

[Capsule Business and Tax @capsulebnt]

The W2’s are pouring in - let Capsule do your return this year! Lots of complicated stuff. We will beat any big box competitor’s prices. Say no to TurboTax - we can work with any client in the USA with our remote setup!

[Capsule Business and Tax @capsulebnt]

🙋‍♂️

[NASBA @NASBA]

Looking for a #CPA this #taxseason? Make sure to use https://t.co/8DeemRueUs to verify the status of a CPA.

[Capsule Business and Tax @capsulebnt]

Controversial, but I do agree that for the #CPA profession to remain relevant, a focus on analytics is absolutely necessary. A computer can calculate, but only a person can interpret!

[WICPA @WICPA]

The AICPA is refreshing the #CPA Exam to emphasize business processes and #data analytics as a result of a comprehensive practice analysis. Most of the changes will affect the AUD and BEC sections.

Learn more: https://t.co/FTvHhS7pje

[Rick Telberg @CPA_Trendlines]

IRS issues final regs on 1031 exchanges: The rules address the definition of real property, and how to handle personal property included in an exchange. https://t.co/vZPcpGQvDG ^ @AccountingToday #Tax #Accounting #CPA

[Capsule Business and Tax @capsulebnt]

African Americans hover around 1% of CPAs in public accounting. This number is abysmally small. We appreciate #diversity here at Capsule. We are minority-owned and would love to reach out to students, professionals, and businesses of all colors! #BlackOwnedBusiness

[Capsule Business and Tax @capsulebnt]

I absolutely think this should be examined! Something like a “Schedule WFH”

[Logan Graf @LoganGrafTax]

Should the home office deduction get a revamp for 2020 and beyond?

🙋🏼‍♂️I think so.

Employees are forced to work from home generating revenue for their employer. There should be a deduction or some type of credit for that.

[Capsule Business and Tax @capsulebnt]

@finimpact shared an amazing write-up with us about some great resources available to businesses during the #COVID19 pandemic! Go check it out!

https://t.co/uJGB2QJjxt

[Justin Miller @justinmilleresq]

Top 3 Reasons for Estate Tax Planning Right Now!

1. Historically high $23.16 million use-it-or-lose-it exemption amount per couple

2. Historically low AFRs—IRS is betting you’ll never make more than 0.6%

3. Valuation discounts—lack of marketability and control

[Capsule Business and Tax @capsulebnt]

These are difficult times and many are facing unemployment. Capsule Business is here to help small businesses with any financial concerns they may face in trying to reopen after quarantine! Contact us today for consultation.
#smallbusiness #accounting #financialservice

[Rick Telberg @CPA_Trendlines]

The latest Tax Daily! https://t.co/WJ1Rd0FNJM Thanks to @IRSnews #tax #irs