tom troost

[tom troost @tomtroost]

@uptonaccounting Seen too many of these. IRS is sadly broken and needs to fix their internal processes first

[tom troost @tomtroost]

@taxchic_k You are allowed to use the designation “CPA” (like someone working in industry only) and do not have to disclose your registered only status. If you start doing bookkeeping, accounting or taxes you are supposed to upgrade to a regular license. It’s a self monitored system.

[tom troost @tomtroost]

@taxchic_k In Michigan, it’s an inactive person who earned a CPA license in the past but is no longer practicing publicly. If you do anything for the public, including tax preparation, you are supposed to have a “regular” license and pay all appropriate fees to the state.

[tom troost @tomtroost]

@MikeSyl36625988 Very common. One of the largest firms in Michigan does this and aggressively enforces the agreement against the departing employee.

[tom troost @tomtroost]

@MikeSyl36625988 Training and certification costs for a working dog are a lot. For $20K I’m guessing this is a true service animal and not just an emotional support dog.

[tom troost @tomtroost]

@kristenkeatsCPA Office dogs are the best

[tom troost @tomtroost]

Say it with me now…extensions are fun ! #TaxTwitter

[tom troost @tomtroost]

@wifemomcpa100 Internet package? Prepaid gratuities for the staff? Download the cruise line app so you can check out more options (and be ready for online check in)

[tom troost @tomtroost]

@andreamacdcpa Implement what you learned. The team has already scheduled follow up meetings to start working on positive changes.

[tom troost @tomtroost]

@IraGilligan The bigger the examples the farther out he is getting. I’m waiting for bookkeepers to start filing 2553s and not telling the tax preparer

[tom troost @tomtroost]

@IraGilligan I’m in the same session

[tom troost @tomtroost]

@IraGilligan @DwightDettloff @virtualcfo You use for fees, they file a malpractice counter suit requesting 10-15x of your unpaid fees as damages.

[tom troost @tomtroost]

#taxtwitter

[tom troost @tomtroost]

@AccountingAsArt Renewal season. Happens every year. Never been this far behind that it was an issue, but 2022…

[tom troost @tomtroost]

@bhallcpa Fully fund your retirement accounts, starting from year one. It pays off in the long run.

[tom troost @tomtroost]

Constantly calling to “check status” only slows down the process. STOP IT #taxtwitter

[tom troost @tomtroost]

@walkingwwaino Starting every day with this study. There’s been a ton of great lessons. Thank you for leading this!

[tom troost @tomtroost]

@walkingwwaino Since day one and glad you are sharing. Thank you for doing this!