Van Der Aa TaxEd @AaTaxed
Grand Rapids, MI Joined March 2017-
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I had expected an annual 1099 report, not a separate filing for every transaction (box 1d & e date and time). Now I understand why the IRS expects to get 8 Billion filings
I had expected an annual 1099 report, not a separate filing for every transaction (box 1d & e date and time). Now I understand why the IRS expects to get 8 Billion filings
The IRS is the ultimate party-pooper. The hate the idea that anyone could have FUN in a tax-deductible way
The IRS is the ultimate party-pooper. The hate the idea that anyone could have FUN in a tax-deductible way
Each tax audit typically focuses on 3-4 lines of the tax return not the entire tax return. Large, unusual and questionable deductions get looked at. Travel, meals, entertainment, gifts, cars and anything FUN is a potential red flag. #TaxTwitter
@MikeSyl36625988 "My return is simple" is just code for "I really don't want to pay for your services but I think I have to"
News coming out about the Direct File Tax Program caught my attention. 1) The annual cost to run the program is estimated at between $64 million and $249 million. Yet the program is expected to save taxpayers approximately $21 million in tax preparation cost.
We Forgot to Mention Deloitte Got in Trouble For Cheating This Week, Too In a renewed effort to appear to be doing something of value, the PCAOB was busy this week handing down hand slaps and fines for the crime of sharing answers on internal training. goingconcern.com/we-forgot-to-m…
With Tax Day around the corner, Senate won't commit to putting the retroactive tax bill—the one that would, among other things, expand the child tax credit and restore R&D expensing and bonus depreciation—on the floor. (It's likely dead.)
@DailyTaxMemes @JWellsTax "How's my return doing?" I hate to tell you this, but it was a bad return. I had to put it down.
Janet Yellen, 2022, about the IRS's $80 billion hiring spree: "Contrary to the misinformation from opponents ... small business or households earning $400,000 per year or less will not see an increase in the chances that they are audited." Treasury Inspector General, 2024, as…
What do you think would be some of the best things that could be done to improve the tax pro profession? I think getting rid of the insane 150 credit hour rule for CPA's would be a big help. I think EA's need a stronger professional organization and I think we need more EA's.…
Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn't a Free Money Glitch goingconcern.com/tax-preparer-f…
@kylejohnsoncpa AICPA townhall today said that the prospect of it passing in the senate now are pretty slim and to no longer hold out hope that it passes
The worst tax scenario: It bothers me when I take a newly self-employed young person after they switched from W2 and they made no withholding. A hard-working person might have grossed $75k to pay living expenses but now owes over $10k in tax that they just didn't plan for.
imma let you in on a little secret, you probably don't want your tax pro completing your tax returns between 04/01 and 04/15. we're just throwing stuff at walls at this point and taking wild guesses.
When did K-1 Boxes 11, 13, and 20 become an absolute shitshow? There is absolutely no way the ROI on the the majority of those items is positive for anyone (including the IRS).
In one of the Hitchhiker's Guide to the Galaxy books, there's a scene where a planet is doomed — so they divide society into three groups to evacuate: #1: the best and brightest #2: management consultants and marketing execs #3: builders and doers The planet sends off Ship 2…
"The number of new CPA licenses in Virginia slid about 35% since 2008, when 1,434 licenses were issued, compared with 940 licenses in 2023. The number of first-time CPA exam takers in the state fell nearly 49%, from 1,823 to 931 candidates." virginiabusiness.com/article/out-of…
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32 Followers 1K Following I'm 28 years old I'm looking for you serious relationship that can be with me, my name is Castro Helena ok, I'm single ok♥️🇺🇲♥️♥️♥️❣️❤️💞💓 I love you all❤️
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501 Followers 1K Following Professional Account Manager. Helping busy/non busy, new/old investors turn their investment into paid clients💸 Coach full time👩🏾💻Teachable & 200+students
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Biden has been shamed into changing his "walking routine" because his walk gives away the fact that he is too weak and feeble to function
US national debt, 1960: $286 billion US national debt, 2024: $35,900 billion Are our roads better? Are our streets any safer? Is the border more secure? How about our healthcare? Is it easier to raise a family? Did we improve our schools? $35,900,000,000,000 well spent?
At @UCLA’s encampment occupation for Gaza, a person holding a pro-Israel sign is attacked as a masked woman tries to rob him. He pushes her to the ground. Leftists and race baiters have cut the first part of the video to only show him shoving her.
Just another day in paradise ... 🤡🌎
I never thought @KristiNoem was a particularly useful Republican outside of South Dakota, nor that she should be Trump‘s vice president pick, but holy cow – could you imagine six months of a campaign that revolves entirely around her shooting a naughty puppy?
“Hit him on the head very lightly” I don’t know where these people get such a level of entitlement, but you can’t obstruct cops attempting an arrest and you definitely can’t hit them. Her arrest was very justified.
Here’s that Professor of Economics who was arrested at Emory university and everyone seems to think is some poor victim of police repression. Caroline Fohlin ADMITS she hit a police officer on the head. Even professors are not allowed to assault cops. Yes, even professors.
He made these comments to Columbia disciplinary hearing officials in January and they did nothing? They would have continued to allow this hatemonger to remain on campus if this evidence hadn't surfaced. Since January!
BREAKING: Khymani James, the leader of the anti-Israel encampment who said “Zionists don’t deserve to live” and who claimed people should “be grateful” he is “not just going out and murdering Zionists” has now been thrown out of school
What do we think the former prisoners are making?
Whether Khymani James is kicked out, expelled, or whatnot, the fact that @Columbia had a student that openly threatened a minority group with death and DID NOTHING IN RESPONSE should be an absolute massive national controversy. Is there any worse way to abdicate responsibility?
A coal-fired power plant in China's Sichuan province. China now emits more CO2 than the entire developed world combined—completely cancelling out all the sacrifices you are being forced to make in the ludicrous pursuit of Net Zero.
Georgia state trooper has zero patience for a pro-Hamas extremist who flops to the ground and whines like a baby. The trooper quickly and literally takes matters into his own hands.
Israel Withdraws From Gaza After Learning Of Protest By 19-Year-Old Fine Arts Major Roxy Barnett buff.ly/3JJ5bR3
When the government facilitates the illegal entry of illegal migrants and pays (often via govt-funded proxies) to traffic them around the country to free accommodation with free food/medical/legal/school/pocket-money, it creates a sense of entitlement that will haunt us for…
San Diego Airport gave illegals their own line through security checkpoints because they didn't have any documentation verifying who they were. Illegals are given special treatment and are being flown all over the country at the expense of the American taxpayer. We have no idea…
What does the intersectionality manual have to say about a Native American woman being physically bullied by male terrorist supporters?
Native American activist gets savagely assaulted by masked mob of Palestine activists at UCLA for holding a sign saying ‘Hamas supporters are not welcome on Native Land.’ Lani Dawn was surrounded by a group of men who ripped her sign to shreds.
All I did was hit the officer on his head to get his attention and I got ARRESTED??? I'm a professor, god dammit!
Here’s that Professor of Economics who was arrested at Emory university and everyone seems to think is some poor victim of police repression. Caroline Fohlin ADMITS she hit a police officer on the head. Even professors are not allowed to assault cops. Yes, even professors.
I believe the kids call this "white privilege," right? Thinking you can "impulsively," "lightly," hit a police officer on the head and not be arrested?
Here’s that Professor of Economics who was arrested at Emory university and everyone seems to think is some poor victim of police repression. Caroline Fohlin ADMITS she hit a police officer on the head. Even professors are not allowed to assault cops. Yes, even professors.
They ruined a kid’s life for smiling at a Native American but pro-Hamas UCLA students assault one and CNN has nothing to say. Weird.
I’m a reporter; I know I’m supposed to be “objective.” But how can you be objective in the face of murder, rape and pillaging of innocents just enjoying themselves, bothering no one at a music festival? How do you allow a bunch of moron college students conflate “genocide” with…
Rewatched the Wednesday presser Khymani James led. He bragged that he is “very intentional” about framing his messages, defending the use of “river to the sea” and “globalize the intifada” chants. Two days later he tries to say he “misspoke” about killing Jews, gets expelled.
Got real third world real fast dinnit?
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