David A. Jensen

I specialize in real estate tax matters.
Sole Proprietor of David A Jensen CPA PLLC.

[David A. Jensen @davidajensen]

@bpcoddington @cordes_tax Only correct answer.

[David A. Jensen @davidajensen]

@DailyTaxMemes How come nobody is taking about populating the K2/K3? 95% of the domestic returns I’m preparing don’t qualify for the exemption. And I am not convinced the software can autopopulate the forms in many cases.

[David A. Jensen @davidajensen]

@mountainwesttax The Smartest Guys in the Room committed massive fraud and went to prison.

[David A. Jensen @davidajensen]

@rohindhar Check with your CPA before doing the studies. Ask about loss limitations, 163j issues and filing Form 3115 to change accounting method.

[David A. Jensen @davidajensen]

@LoganGrafTax A truly intelligent 9 year old would outsource her work to a brilliant 8 year old overseas for $1,500 a year and spend the rest on Taylor Swift tickets.

[David A. Jensen @davidajensen]

@SeanForFive That Radio Shack was a portal back in time with 30+ year old inventory still on the shelves when it closed. Can’t imagine this house!

[David A. Jensen @davidajensen]

@WTFoote That building value is rough, and as is probably makes the cost seg not worth it. Can you find the sales price of vacant lots in the area with similar zoning? If land is selling for cheap you might have a case to support a better allocation.

[David A. Jensen @davidajensen]

One of the new prompts on the IRS Tax Practitioner hotline asks you to repeat the phrase "File your taxes for free." Okay, Troll. #TaxTwitter

[David A. Jensen @davidajensen]

@LoganGrafTax Alternative approach- will complete your return in 3+ weeks of all documents received/EL signed. Fee increase 20% (?) if client wants the return prepared within 1-2 weeks. No option for turnaround <1 week.

[David A. Jensen @davidajensen]

@JStaatsCPA I’m struggling with this question. The source of conflict isn’t over how a potential client will respond. It’s about me being confident of my own pricing.

[David A. Jensen @davidajensen]

@tylerwatsoncpa @seattle_tax @AtlantaTax @adammarkowitzEA @W_Holtsman Just made the leap. I was ready- I had the experience and intention, then got lucky and landed a client big enough to make it a reality.

[David A. Jensen @davidajensen]

@TaylorWAnderson @RadPowerBikes Selling a separate maintenance contract? If I was them that is what I’d do.

[David A. Jensen @davidajensen]

@LoganGrafTax I dream the day when I can take $270k in govt money and not first consider the consequences.

[David A. Jensen @davidajensen]

@DailyTaxMemes #sewingtwitter gonna get you for this.

[David A. Jensen @davidajensen]

@rledbetterCPA Good CPAs are too busy to work with bad clients!

[David A. Jensen @davidajensen]

@TheDullCPA The client shouldn’t balk to pay you the same fee for the same work. Problem is the client paid the attorney for a refund. Easy sell. How much are they willing to pay you so they avoid committing tax fraud?

[David A. Jensen @davidajensen]

@korlando2251 Imagine how many likes this memo would get if people preferred getting it right over avoiding taxes.

[David A. Jensen @davidajensen]

@FDG_Hunter_T Imagine an underwhelming disc golf design coming out of Kansas. So unusual!!

[Adam Markowitz, EA, CSLP @adammarkowitzEA]

All of my GOP friends who are worried about 87,000 IRS enforcement agents coming after the little guy... How about just don't cheat on tax returns? A fully truthful and accurate tax return is bulletproof in an audit. I never understood the fear of an IRS audit. Don't lie. Period.

[Scott Gairdner @scottgairdner]

This Biden-era Schoolhouse Rock reboot is very depressing