Melinda Nelson CPA @MelindaNCPA
Tax Partner Baker Tilly US, Explainer of Tax AZ is home, musical geek, fan of soccer & Iowa State All views and opinions expressed are my own. bakertilly.com Phoenix, Arizona Joined December 2016-
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🚨Multiple clients just received IRS identity verification letters for 2023 tax return filing.. WHAT IS HAPPENING IRS !?!?! looking at a crash landing to this tax season #TaxTwitter #IRS
the eclipse forcing every accountant out of the office for the first time this year
IRS updates Form W-9. Last update was in 2018. #TaxTwitter #IRS irs.gov/pub/irs-pdf/fw…
Financial Planning for Families With Disabilities wealthmanagement.com/estate-plannin…
😂CLIENT TAX DOCUMENTS in TAX SEASON #TaxTwitter
😂CLIENT TAX DOCUMENTS in TAX SEASON #TaxTwitter https://t.co/lFpOnzw935
IRS has implemented advanced analytics and AI to identify fraudulent ERC & people are going to get nailed on this like crazy for the next five or so years. - Per Darren Guillot former IRS deputy commissioner - h/t @RichardCrainCPA
Remember, 1099s & W2s due Jan 31!! @taxgirl @TaxAddict @AccountingToday @taxtweet @SylviaDionCPA @ParkerTax @CariWestonCPA @MissTaxCat @taxbuzzonline @DebFoxFinancial @cbriancpa @MelindaNCPA @PKubeyEA @RobergTax @yourfavecpa @tylermcbroomcpa @edzollars
Imagine being a business finally deciding to repay ERC now at 80% with no penalties, no interest, full wage deduction, and keep the refund interest --- only to be denied for the program because the IRS has enforcement information already. See #6 & 7 below. Tough way to find out.
IRS with another year-end notice.... EIN online application closed December 27-January 2. #TaxTwitter #IRS irs.gov/businesses/sma…
With affluent Baby Boomers sitting on loads of cash, intrafamily loans can be a win-win, so long as you pay attention to the tax rules and the paperwork. Thanks to @justinmilleresq for his help! #tax #estateplanning #gifts #familyloan #interestrates forbes.com/sites/kellyphi…
Year-End Strategy for Clients With Unused GST Tax Exemptions #trust #tax wealthmanagement.com/estate-plannin…
🚨Breaking Tax News🚨 Retirement-related inflation adjustments have just been released by the IRS. Key numbers for 2024 include... 🔸IRA contribution limit: $7,000 (⬆ $500) 🔸401(k) salary deferral limit: $23,000 (⬆ $500) 🔸Max SEP IRA contribution: $69,000 (⬆ $3,000) 🔸Max…
Arizona to begin paying the "Arizona Families Tax Rebate" #SALT #Tax azdor.gov/individuals/ar…
Four Strategies for Donating a Home to Charity #tax #Trust wealthmanagement.com/philanthropy/f…
Medicaid planning with a Trust. Be sure to get it right. #Tax #retirement #Trust journalofaccountancy.com/news/2023/oct/…
HAHAHAHAHA... you know that return that you thought was pretty much done except for the couple of questions you had to the client and then the client finally answers you and you realize... HAHAHAHAHA... that the return really isn't pretty much done... HAHAHAHAHAHA...
Tips for Handling IRS Estate and Gift Tax Audits #Trust #tax wealthmanagement.com/high-net-worth…
Tips for Handling IRS Estate and Gift Tax Audits #Tax wealthmanagement.com/high-net-worth…
Which Tax services stop under a Government Shutdown? @taxgirl with the info. #TaxTwitter #Tax via @Forbes forbes.com/sites/kellyphi…
Tax TeleGraf @LoganGrafTax
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40 Followers 111 Following I love being a CPA but many people tell me I’m too fun to be an accountant. We need to flip the script. We are not boring bean counters!!Tax TeleGraf @LoganGrafTax
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463 Followers 2K Following Certified Public Accountant in the NY area, Sports Geek, Father of Fiveme: I have to focus on tax returns also me:
the eclipse forcing every accountant out of the office for the first time this year
Current status of #taxtwitter
I am a partner in a CPA firm. I feel our business is one of client service. I am here to help my clients. Whether that is helping them by doing their taxes, understanding their taxes, making tax less scary, doing tax planning, working with their financial advisors to help…
You know, we get a lot of bottom feeders looking for attention around this ol’ #TaxTwitter and it looks like this particular one is fairly active right about now. I just went ahead and reported (not that X will do anything) on behalf of @Taxsavvyjessica ‘cause she already gets…
@taxgirl Thank you, Kelly. I'm sorry for your loss. It is hard to talk about.
@LoganGrafTax I am so sorry to hear this. But I am glad you shared bc I think talking about it makes people feel less alone. I had a miscarriage bt pregnancies, and didn't know how to talk about it. It's hard, esp when you have to be present for your kids. Much love to you and your family.
Vibes are HIGH with QB1 in the house 🤩 🌪️🏀🌪️
We're going to do this thing where they convince everyone the bill is dead, people file with 80%/174 amortization/No 163(j) DDA addback, and then as soon as that happens it's miraculously resurrected and everyone has to refile 2023, aren't we?
More in @PunchbowlNews AM on Wyden-Smith tax bill latest: punchbowl.news/archive/31524-… Wyden & Crapo at an impasse, imperiling the bill. They traded & rejected offers. Dems’ priority in deal is CTC refundability but Senate R’s oppose that focus - not clear there’s a path to agreement
This Weekend Daylight Savings Time!! #FF @taxgirl @TaxAddict @AccountingToday @taxtweet @SylviaDionCPA @ParkerTax @CariWestonCPA @MissTaxCat @taxbuzzonline @DebFoxFinancial @cbriancpa @MelindaNCPA @PKubeyEA @RobergTax @yourfavecpa @tylermcbroomcpa @edzollars
your tax return isn’t as simple as you think it is
Our boy!!!
Welp. I’m glad that’s over lol. #TaxTwitter #TokyoMarathon2024 @WMMajors
Happy Saturday, #TaxTwitter!