driscolldesimone

Walk The Square
Making taxes look 'cool' since 2011

[driscolldesimone @driscolldesimo1]

Had a client ask me to "stop using fancy accounting terms" today when I asked for his routing number.

#TaxTwitter

[driscolldesimone @driscolldesimo1]

@jpcamposcpa I’m actually considering moving to Canopy from Financial Cents but now seeing this worries me!

[driscolldesimone @driscolldesimo1]

@bsuecannon Good for you for holding them accountable

[driscolldesimone @driscolldesimo1]

This is spot on - but I think most firms still underestimate how deep this goes. It’s not just “systems don’t talk.” It’s duplicate data, different workflows conflicting, client experiences and staff losing hours just trying to figure out new tools
That’s where things break. Technology isn't an IT problem - its an operational strategy problem. I say this because I'm going through the struggle everyday!

[driscolldesimone @driscolldesimo1]

For a long time, the unspoken deal was simple:
You gave a firm 20–30+ years, and in return you got stability, security, and a seat at the table. That deal has changed. Loyalty is no longer a guarantee on either side. Be a great professional. Build relationships. Do meaningful work. But understand the landscape for what it is-and make sure you’re not sacrificing the things that actually matter (kids games, etc) for a version of loyalty that doesn’t exist the same way anymore.

[driscolldesimone @driscolldesimo1]

@cards_fan_66 Respect the move.

[driscolldesimone @driscolldesimo1]

@DianeGilabert It’s wild how long things are taking this year. Lots of calls/emails on this as well.

[driscolldesimone @driscolldesimo1]

@MeChrisKimbell Have not. Wondering if telecloud might just be local to our area (NJ)? But they’ve been great

[driscolldesimone @driscolldesimo1]

@cpapracadvisor This is in addition to the regular tax I assume? Why are we penalizing those with higher income if they are already paying the required tax in their bracket?

[driscolldesimone @driscolldesimo1]

@DianeGilabert Very curious what people are using. We are still struggling here.

[driscolldesimone @driscolldesimo1]

@CurtPhilipczak Proud to live in one of these counties lol

[driscolldesimone @driscolldesimo1]

@nobletaxhelp @wbridgefa Why do you believe SALT should not be deductible? Genuinely curious because I’d like to see what I may not be thinking of.

[driscolldesimone @driscolldesimo1]

Have a client who hired a “fractional CFO” through a larger firm. Guys job is to come in and ask us “thought provoking questions” once a month regarding the full service bookkeeping we are doing. Pays that firm $5600 per month no problem, yet needs a payment plan for our $1600 per month on the 20 hours we spend and “questions the value”.

[driscolldesimone @driscolldesimo1]

@JRCTaxGuy The amount of emails that I have received related to this has been exhausting. Had to create an away message just to address it so I didn't have to respond to every single inquiry.

[driscolldesimone @driscolldesimo1]

@DianeGilabert Allowing corrected 1099's past my "all documents must be received" date.

[driscolldesimone @driscolldesimo1]

@shawneee0 You're on the clock at 5....Mendoza, Bailey, Reese, Mauigoa gone. Who you going?

[driscolldesimone @driscolldesimo1]

@LoganGrafTax Thank you for sharing! That's awesome to hear. I hope to share that same story 'soon'

[driscolldesimone @driscolldesimo1]

@Rightworks_ The dark web isn't the scary part. The scary part is how many people and business probably don't realize their information is already there.

[driscolldesimone @driscolldesimo1]

@AccountingAsArt Sounds like rounding

[driscolldesimone @driscolldesimo1]

Love the ‘quick question’ emails that come in on April 20th.

Nothing builds confidence like starting a sentence with Now that things have settled down for you, this should be simple’ followed by a 4-paragraph scenario involving 3 states, a rental property, and crypto.” #taxtwitter