Gabriel Kohen, CPA @GabrielKohenCPA
Husband, Dad & Founder of Kohen & Co! I work with small business owners, high net worth families & real estate owners/investors. Accepting new clients! Overland Park, KS Joined January 2024-
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Bidenomics! But hey folks, no more mean tweets right?
Had an ironic conversation with my personal trainer today about pricing. 💰 We hadn’t worked together in awhile and I’d looked at her website for her current pricing & packages. 💰 She started on the phone telling me that I could pay what I used to, and it’s okay to ignore the…
My clients have different investment strategies. Every time I look and compare the ones with Real Estate as their investment vs the ones who invested in stock- the RE one’s are always better off in terms of retirement & peace of mind. Other tax pros- do you see the same thing?
Worst play by play call I've ever heard
Worst play by play call I've ever heard
I was the chair of the CPA committee at the firm I am leaving from. The prev 5 yrs, the firm produced 1 CPA. In 8 months time, I was able to produce 3 and get 4 others half way there alongside helping one person start the ea exam. I love helping others succeed!!!
Ive started modeling my firm by @LoganGrafTax’s model. Only accepting business clients if I or a list of approved bookkeepers do the acct work. I’m also doing other stuff like implementing minimums and charging high fixed fees. The rest of 2024 is going to be great!
All my folks- What’s the best airline to use for travel for business?
Biden proposes 44.6% capital gains tax, from current 19%. Can’t even come up with his own ideas taking a page out of Trudeau playbook who raised Canada to 66% And he ignored how that played out for the last guy who tried it… the entire country went red.
Not saying there shouldn’t be taxes … I’m just saying that the taxes are getting out of control (speaking towards Biden’s proposed 2025 budget). Politicians need to get their hands out of the average American pockets.
Put in my 2 weeks notice. Man it was hard. So many amazing people from the firm I’m leaving.
The amount of interns working at multiple big 4 at the same time about to be crazy 😂. Non competes going away is going to change the public accounting industry.
First time smoking a brisket by myself. Woke up at 4:45am. Love the smoke ring! Burnt ends portion turned out great!
What should my client do? They received an 5071C letter asking them to verify their identity. They’re unable to verify their identity online due to some sort of glitch in ID.me & everytime they call the IRS phone number, they’re unable to get through.
Going to smoke a brisket on Monday. What’s the best rub to use? Hear that the basic pepper & salt combo is a good one but want to see what else is good.
Who else agrees that MLB should make Armando Gallaraga’s 2010 performance a Perfect Game? (Via @uniformcritic)
Just read a quote that said “if something took me 30 mins, it’s because I spent 10 yrs learning how to do it in 30 mins. I charge for the yrs, not mins”. I feel like most CPA’s/EA’s should go by that motto. Very well put & said. It’s why I also respect every CPA/EA/ tax pro.
Question. I need to fax 2 POA’s to the IRS. Is there a good online service I can use? Looking for recommendations
Question- if a person doesn’t register for an EIN, is solely cash based & doesn’t receive any 1099’s… How does the Fed or state gov’t know they have taxable income? Like there are SO many cash based businesses in NYC that just under report or don’t report income at all.
So I learned a lot my first tax year. I think my biggest lesson is to quote fixed over hourly but use hourly as a measurement to quote the fixed fee.
Every now and then, I get to do a local (Kansas City) jurisdiction return and y’all… they don’t round to whole numbers. It’s so weird… why can’t they just follow the norm 😂
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738 Followers 578 Following tax and indie rock. tax manager at @aafcpa but tweets are my own and not tax advice. music recommendations are solid advice.The power of 🏡: Primary: Bougth 2015 Purchase: $335K Estimated value: $616K Rental 1: Bougth 2020 Purchase: $195K Estimated value: $425K Rental 2: Bought 2021 Purchase: $295K Estimated value: $405K Rental 3: 2021 Purchase: $262K Estimated value: $365K Rental 4: 2022…
Just closed ‼️‼️ I paid 210k for this property Value came in 440,000‼️ Duplex fixer that I got from wholesaler. Rehab 60k Paid 210k Rents will be 3,500 total for both.
I told yall I’ll never let him leave!! Congrats my guy! @tkelce
No more Champagne Problems: The #Chiefs and All-Pro and Pro Bowl TE Travis Kelce have agreed to terms on a new 2-year contract extension to make him the NFL’s highest-paid tight end, sources say. The deal was done by his long-time agent Mike Simon, now with @milkhoneysport.
Trevor Bauer's last two starts for the @DiablosRojosMX have been insane - 13 1/3 scoreless innings, allowing just three hits. He's struck out 23. He is making it increasingly hard for MLB teams to continue to ignore his value. It's time to bring back @BauerOutage.
Kansas lawmakers are expected to vote Tuesday on a plan to lure the Kansas City Chiefs and Royals across state lines by potentially financing the full cost of a new stadium. #ksleg kansascity.com/news/politics-…
@meetmikehiggins if you use the 4th correctly you may be able to do the rest of those.
Trevor Bauer's numbers since being suspended by MLB: 🇯🇵 24 G 156.2 IP 160 K 2.59 ERA 🇺🇲🌴🌵 2 G 6.0 IP 7 K 0.00 ERA 🇲🇽 3 G 17.0 IP 25 K 1.59 ERA
@IterIntellectus You obviously don’t have kids. Kids eat, they go to school, they need a bed… life is expensive
Former Cowboys WR Michael Gallup plans to sign a one-year deal worth up to $3 million with the Las Vegas Raiders, per sources.
I bought this property 20 years ago. It was 90k w 6.875% intrest, and my payment was $738. In 2008, the value dropped to 45k. My payment was still $738, and I collected $1000/ mo in rent. Everyone around me panicked & sold. I just kept making my payments 🤷♂️ Today, it is…
Had an ironic conversation with my personal trainer today about pricing. 💰 We hadn’t worked together in awhile and I’d looked at her website for her current pricing & packages. 💰 She started on the phone telling me that I could pay what I used to, and it’s okay to ignore the…
Why do you guys want OBJ?? He’s so overrated
@TheFlagGuy_ Yes this student has been denied entry when he tried to enter on at least 3 separate days. He is a student. Also ucla is Public property under California law.
@OliLondonTV He needs some good Jewish lawyers help sue UCLA into the ground for civil rights violations.
@GabrielKohenCPA Almost never. Most people make insignificant money in real estate. Some make a ton. Most middle class people who save to their 401(k) will have more money and liquidity and some hope for a comfortable retirement.
Retirement is only going to get harder. As a rule of thumb, you should have 1x your salary saved for retirement at 30. Let time and compounding do the heavy lifting.
@ForemanTaxLaw That’s just a New York thing right? People in sane states can carry on?