Evan Hall

“We are what they grow beyond.” -Yoda ••••••••• Survey says: Weird Dad; Homebrewer; Umpire; he/him

[Evan Hall @evanrnhall]

@DerekAshauer I agree... And yet have encountered many who don't see it. I've also received, "So can you start at 10 then?"

Now I go with: "I can start at 10am PST or later, ending by 2pm."

Time zone is a must too.

[Evan Hall @evanrnhall]

@brent_shavnore @subdivisionguy @hoytcrouch @bklynfinanceguy HOA too. May replace fencing in phases to distribute costs. Plus you can be the one they recommend to homeowners if you're good.

Our HOA went through two garbage fencers before finding a good one.

[Evan Hall @evanrnhall]

@datguydizzdgaf @indoor_wildling The overtime money gets withheld at a higher rate, but that's just a prepayment. When you actually file your taxes the rate gets adjusted back down. That's why you likely get a refund each year.

Your withholding rate is not your tax rate.

[Evan Hall @evanrnhall]

@JosiahHawthorne @sewistwrites @clhubes I'd argue it's 50/50 for kids/parents.
As a parent, I find Chili and Bandit incredibly aspirational. They engage in fun play. They struggle with tough parenting choices. They have to learn/remember the perspective of a child to overcome challenges.

[Evan Hall @evanrnhall]

@dougboneparth In Jr High science I had to draw what I saw in a microscope and drew my floaters cause I hadn't noticed them before. The teacher was just like, "Wrong."

[Evan Hall @evanrnhall]

@BenBookkeeper @JStaatsCPA Notwithstanding personal preference, I think the rationale is to add things to My Week and work them down from there.
For email at least... That wouldn't work for comments based on the last time I was in there.

[Evan Hall @evanrnhall]

@BenBookkeeper @JStaatsCPA They had a mute option a couple years ago. Did they take it away?

[Brandon Hall @bhallcpa]

How to verify if the “tax loopholes” influencers promote are legit,

In <5 minutes.

(With a simple Google search framework)

Influencers love to promote the benefits of various tax loopholes to drive engagement and go viral.

People hate paying taxes.

Influencers sell them the dream of stiffing the IRS.

Doesn’t matter if their information is bad or straight up fraudulent.

It’s a simple formula that has worked for decades.

So how do you determine fact from fiction?

Here’s my simple google search framework to get to the truth:

[tax loophole] [keyword] [problem/trap/scam]

For example,

Let’s say I wanted to fact check the below video.

I’d type into google:

Irrevocable trust [tax loophole]
Step up basis [keyword]
Problem [problem/trap/scam]

“Irrevocable trust step up basis problem”

And instantly you’d find multiple articles and videos referencing Rev. Rul. 2023-2 which clearly states the proposed strategy in this video doesn’t work.

Once asset are in an irrevocable trust there is no step up in basis on death.

How many people watched this video and thought it was brilliant?

I’m sure some went to their advisors and were set on the right path.

But as more DIY solutions pop up, I fear many people will make catastrophic financial decisions based on what they see on social media.

And when the bill comes due, there will be no recourse.

Time will tell.

[Cassandra Hartford @SpaceCoastCRE]

I almost exclusively listen to male thought leaders, podcasters, etc... given that I work in a male dominated industry.

But this chick really hit the nail on the head. It's not even feminism... it's just reality for women.

#retwit

Makes me want to write a book...

[Evan Hall @evanrnhall]

@NoContextHumans Last Kiss

[Evan Hall @evanrnhall]

@nikitabier If a subset of people receive financial incentive from deaths... Would murder increase? Or rather, policies that hasten or fail to prevent death?

Stemming from that, would racial minorites be at even further risk of being targeted by such revenue generating policies?

[Evan Hall @evanrnhall]

@nikitabier How would states and local get funded? Wouldn't Florida end up with a disproportionate amount?

[Evan Hall @evanrnhall]

@thorstenball I want them to go a step farther and softly color code the tabs green/yellow/red depending on how egregious they're getting.

[Evan Hall @evanrnhall]

@pronounced_kyle There's an Air In Space Museum...

[Evan Hall @evanrnhall]

@MarketPalmer_ Learnings.

[Evan Hall @evanrnhall]

@TwylaVerhelst @TheBruery The inside is great too ;)

[Evan Hall @evanrnhall]

@seattle_tax @ryandpulicecpa Ready to install update?

[Evan Hall @evanrnhall]

@blader Isn't this normal for e/acc ?

[Evan Hall @evanrnhall]

@Brent_Rooker12 Where's Raffi's "Banana Phone"?