Chad Huebsch, EA @TheTaxNomad Twitter profile | Pikagi

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Chad Huebsch, EA

@TheTaxNomad

948

Followers

151

Following

56

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1,387

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SMB Tax Geek | RV Living | Need a Tax Pro? DM or click link in bio.

Gilbert, AZ

https://t.co/kpHUnHzaOp

Joined October 2016

Don't wanna be here? Send us removal request.

Pinned Tweet

@TheTaxNomad

Chad Huebsch, EA

28 days

SMB Owners are overpaying taxes. 1. Deduct the low hanging fruit. Think cell phone, internet, home office, 401(k). 2. Situational deductions. Augusta rent, employing kids, travel, profit share, State PTE. 3. Advanced (usually means spending a lot) Fee simple, cash balance

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@TheTaxNomad

Chad Huebsch, EA

2 months

IRS is auditing a client of mine, 1120-S. Focusing on: Travel Vehicles Officer Comp Continuing Ed Advertising #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

New prospect today: Dental office $500k AGI 1120-S and 1040 returns Quarterly check-ins On-call tax advice Tax notice resolution 1099 prep No accounting $10,400 annual fees Looking to onboard 2 of these a month. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 year

“I don’t need you to prepare the partnership tax return, just the K-1” 🤦‍♂️

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@TheTaxNomad

Chad Huebsch, EA

1 year

I finally offered 3 new clients Tax Prep and Tax Advisory today, under separate billing. I had been offering it bundled for $550/month. Now it’s separate $3600/year for Tax Advisory. Tax Prep: Entity start at $2,000 Personal start at $750 Thanks @bhallcpa !!! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

I am hiring a Tax Manager at Blueprint Tax. DM me if interested. Duties Assist with 2X/year tax projections 20% Biz entity tax prep 30% Personal tax prep 30% Bookkeeping 15% Respond to client requests 5% Must Haves CPA or EA 5-7 years of experience Strong understanding of

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@TheTaxNomad

Chad Huebsch, EA

2 months

New prospect today: Cosmetologist $150k AGI 1120-S and 1040 returns Semi-annual check-ins On-call tax advice Tax notice resolution 1099 prep No accounting $7,100 annual fees A bit smaller than some of our clients but we can handle these in our sleep. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

3 months

The most growth of my tax career did not come from Big 4 or Fortune 500 tax dept. It came from 2 years at a local CPA firm in AZ. I managed 4 bookkeepers doing the books for 100 dental offices. Filed quarterly payroll tax reports Prepared 200 business and 300 individual

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@TheTaxNomad

Chad Huebsch, EA

1 year

In case you wondered how I run my firm on the road…behold my “office”! #TaxTwitter #remotework #rvliving

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@TheTaxNomad

Chad Huebsch, EA

7 months

Just finalized my 2023 return list. 2022: 160 Individual and 130 Entity 2023: 210 Individual and 180 Entity Up 50 in both categories. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

I spoke at a wealth conference about taxes today. Got 12 emails from prospective clients, all business owners. People want proactive tax advisors. So many people with old school accountants. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

Bookkeeeping quote? Client runs a medical practice, $2M revenue. Scope: categorize, reconcile monthly and matching receipts in QBO. Quote: $1,000/month. Client balked at price. What would you charge? #taxtwitter #bookkeeping

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@TheTaxNomad

Chad Huebsch, EA

2 months

Quick update for #TaxTwitter Auditor, while friendly, is firm. Document everything, especially mileage logs, reason for travel etc. Do not mix family and personal with business accounts. Looking hard at loan balances making sure it walks, talks and acts like a loan.

@TheTaxNomad

Chad Huebsch, EA

2 months

IRS is auditing a client of mine, 1120-S. Focusing on: Travel Vehicles Officer Comp Continuing Ed Advertising #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 days

I have 88 clients that pay a monthly subscription. 76 of them we meet semi-annually. 12 we meet with quarterly. For most folks 2x a year is enough. Most clients pay between $300 and $500/month. #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

That moment your client sends a K-1 with $200k of income…none of which was factored into your extension calc… 🤦‍♂️ #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

9 months

Met with team yesterday and instituting a new rule: each staff gets to “fire” 2 of their least favorite clients a year. These aren’t good clients, no respect for timelines, unreasonable demands and no accountability. I think this is going to be great. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

7 months

Let me re-introduce myself to my #TaxTwitter colleagues. I am 7 months into a 15 month RV trip around the US. Been to 37 states in that time. I run Blueprint Tax Partners, a virtual boutique tax firm for business owners and real estate investors w/4 employees.

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@TheTaxNomad

Chad Huebsch, EA

1 year

This week I embarked on a 12 month tour of the US. Taking Blueprint Tax Partners on the road with me. I’ve picked out 12 spots, staying about a month in each. See you on the road! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

I just quoted C-Corp compliance with foreign ownership at $5k. Prospect didn’t bat an eye. Charge your worth. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

Big things are happening at Blueprint Tax Partners! #taxtwitter Due to additional demand we are adding another “pod”. Two team members, a Senior Tax Accountant and Tax Manager. I have an accepted offer for the Senior position and an offer extended to a Manager. Fun times

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@TheTaxNomad

Chad Huebsch, EA

1 month

For my new followers… 1. I run Blueprint Tax Partners, focused on making taxes an afterthought for SMB owners. 2. I am finishing up a 14 month RV trip around the US. May 2023 to July 2024. 44 states and 21 National Parks! 3. I am settling down in Asheville, NC for a year,

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@TheTaxNomad

Chad Huebsch, EA

1 year

Why is accounting method on page 1 of 1065…page 2 of 1120S and page 4 of 1120? Asking for a friend… #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

10 days

“We don’t do that.” Too often we want to please our clients. So we say “yes” to out of scope work. The best thing you can do for your staff, workflow and yourself is say no. Some recent things I’ve said no too: 1. BOI filings 2. SOS annual filings 3. Bookkeeping (beyond the

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@TheTaxNomad

Chad Huebsch, EA

1 month

Where is #taxtwitter finding Tax Managers? Need CPA/EA 5+ years of progressive tax experience 1800 hours of “billable time” Total firm preps 250 1040 and 200 entity returns, split half with another manager and 2 staff. Fully remote $120-$140k salary + bonuses Full benefits and

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@TheTaxNomad

Chad Huebsch, EA

1 year

“That’s about what others are quoting me.” Prospective client when I quote him $4800 for tax prep and $650/month for ongoing services. The kicker here was I identified $20k/year in missed tax savings. 💯 he’ll def sign up. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

8 months

Last week I’ve gotten a lot of referrals and folks reaching out about 2023 taxes . Here’s who I work with: 1. Business owners between $1M and $10M in revenue. Have 5-25 employees.

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@TheTaxNomad

Chad Huebsch, EA

4 months

I am hiring a Tax Senior at Blueprint Tax. DM me if interested. Duties Assist with 2X/year tax projections 20% Biz entity tax prep 30% Personal tax prep 30% Bookkeeping 15% Respond to client requests 5% Must Haves CPA or EA 3-5 years of experience Strong understanding of

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@TheTaxNomad

Chad Huebsch, EA

4 months

@MikeSyl36625988 I make prospective clients provide their PY return before the discovery call. I ask these questions: 1. Who does your books? 2. Who runs payroll? 3. Do you pay quarterlies? 4. Do you expect to pay $0 tax every year? 5. Why are you looking for a change?

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@TheTaxNomad

Chad Huebsch, EA

1 year

@LoganGrafTax I finally did it! Upped my tax-prep-only minimum fees to $750 for individual and $2,000 business entities Appreciate you being open to share your journey!

Blueprint Tax Partners

www.bluetaxplan.com

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@TheTaxNomad

Chad Huebsch, EA

3 months

I have officially entered the “get off my lawn” phase at Blueprint Tax. Don’t use a formal acctng system or payroll? Hard no. Give my staff grief? Goodbye. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

3 months

How many require a current P&L and BS from prospective clients during discovery? I ask for tax returns but now thinking to ask for more… #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

5 months

Client: Extension payment? Me: Yes, $25k. Client: Calls, what only $25k! I thought it was going to be $80k! You win some, you lose some. Today, he won. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

3 months

I could prepare a lot of entity returns for under $1000. But I would miss out on actually helping SMB owners. That’s why I charge $2,000 for just entity prep and $5k a year for tax advisory. Difference between 200 clients and 1000s #TaxTwitter #cpa #enrolledagent

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@TheTaxNomad

Chad Huebsch, EA

8 months

So #TaxTwitter , where are we finding good tax managers? Do they exist? Looking to hire after tax deadline to add to a team of 5. 4-5 years experience CPA or EA Versed in 1040 and entity returns Can chat with clients and explain basic tax concepts.

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@TheTaxNomad

Chad Huebsch, EA

8 months

Blueprint Tax Partners Q4 Update! My goal for 2023 was $1 million revenue. Actual $946k Goal $1 million 5% off target Q4 Revenue Actual $285k Goal $250k In Q4 we added… MRR $17k One-Time $149k What is a goal w/o accountability? How was your 2023? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

Just reviewed my monthly subscriptions and cancelled $1,171/month! I could fully fund my wife and my Roth IRAs with that! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 year

Would you rather… Only get a tax return… Or Semi-annual scheduled check-ins, year round access for quick questions AND tax returns are included. Now I explain both options to new clients instead of just #2 . Unsurprising most are choosing the latter. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 month

I am (still) hiring a Tax Manager at Blueprint Tax. 📈Duties 1. Assist with 2X/year tax projections 20% 2. Biz entity tax prep 30% 3. Personal tax prep 30% 4. Bookkeeping 15% 5. Respond to client requests 5% *Estimate 1800 “billable” hours a year. No time tracking required.

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@TheTaxNomad

Chad Huebsch, EA

3 months

Knocked out two returns today! One had 5 rentals with reporting of 2 cost segregations, two 3115. Another is one of my bigger clients, 2 S-Corp K-1s, 6 rentals. AGI of $2.5M. QBI deduction of $450k and state PTE of $50k! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

#TaxTwitter I am in Salem, MA this week and hosting my in-laws. My tax manager is working from Flagstaff, AZ this week (instead of her home in Phoenix). I love remote work and only working with clients that respect your time.

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@TheTaxNomad

Chad Huebsch, EA

2 months

If you are hiring a CPA/EA to prepare your tax return as a SMB owner you are missing the point. Quarterly estimates Tax projections State PTE QBI optimization What did I miss? #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

Why do people glorify going cheap? I found a super cheap doctor…said no one ever. Normalize paying tax pros… #CPA #enrolledagent #TaxTwitter

@YaroslavCPA

Yaroslav Tashak | CPA

11 months

🤯Mind blown by the number of people that try to go to a discount accountant/tax preparer only to find out they missed out on $10k+ tax savings per year for several years! My recommendation is to look for value not price…

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@TheTaxNomad

Chad Huebsch, EA

8 months

Practice saying “I don’t think we are a good fit for what you need” Over and over and over again. It gets easier each time, I promise! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 month

No, I can't attest that a client taking money out of their business bank account, "Won't have a negative impact on their business" Underwriters are crazy. Stay sane out there #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

That moment when your client’s new CPA calls you to ask if you’ll file the return and they just amend later… #TaxTwitter Not my problem anymore!

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@TheTaxNomad

Chad Huebsch, EA

21 days

Top 3 things to consider when hiring tax pros. 1. Everyone asks for anticipated hours. If you can’t tell them it’s a 🚩. 2. Compensation is 🔑, wasn’t getting any bites for a manager role at $110k but got a lot by increasing to $120k 3. Fully remote opens the applicant pool

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@TheTaxNomad

Chad Huebsch, EA

2 months

Update: Sent proposal via @ignitionapp yesterday, client signed this morning. Let's go!

@TheTaxNomad

Chad Huebsch, EA

2 months

New prospect today: Dental office $500k AGI 1120-S and 1040 returns Quarterly check-ins On-call tax advice Tax notice resolution 1099 prep No accounting $10,400 annual fees Looking to onboard 2 of these a month. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 year

This is my “after hours” workspace. #TaxTwitter #Oregon

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@TheTaxNomad

Chad Huebsch, EA

3 months

I'm hiring! Looking for fully remote, senior tax preparer. Who is looking to make a change?

@TheTaxNomad

Chad Huebsch, EA

4 months

I am hiring a Tax Senior at Blueprint Tax. DM me if interested. Duties Assist with 2X/year tax projections 20% Biz entity tax prep 30% Personal tax prep 30% Bookkeeping 15% Respond to client requests 5% Must Haves CPA or EA 3-5 years of experience Strong understanding of

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@TheTaxNomad

Chad Huebsch, EA

1 year

Excited to announce I’ve made an offer to add another staff member to my firm, Blueprint Tax Partners! Switching to 100% remote last year really opens up the candidate pool when your search is nationwide! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

4 months

The best tax planning for SMB owners starts with good bookkeeping. Full stop.

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@TheTaxNomad

Chad Huebsch, EA

7 months

The more potential clients I meet with the stricter I’ve become with our must haves… QBO or similar alternative Books kept up to date Payroll via QBO, ADP, Gusto, Paychex Willing to act on advice #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

3 months

Today marks 1 year on the road! TBH I was freaking out driving away from my “normal” life in AZ. But this last year has brought more adventure than I could have imagined. 42 states, 18 national parks. Atlantic to Pacific, Oregon to Maine to Florida and everywhere between. RV

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@TheTaxNomad

Chad Huebsch, EA

10 months

Client was much less eager to get his $100k tax refund once I told him the IRS is paying 8% interest. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

6 months

Why does: “If you can beat my current guy on price we’ll move everything* over to you.” Sounds so unappealing? *Everything being 4 entity and 2 personal for under $4k. My response: “I can’t beat them on price. You should stay.”

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@TheTaxNomad

Chad Huebsch, EA

1 year

On my way #TaxTwitter #TaxRetreat

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@TheTaxNomad

Chad Huebsch, EA

1 year

I just told my staff to take Monday off. They’ve been crushing it. Take time to recharge! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

7 months

Sent out 226 “tax prep only” proposals today and 15 signed within 5 minutes.

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@TheTaxNomad

Chad Huebsch, EA

1 year

Staff sent out last 8879 yesterday 2 returns will be late due to client delays. No tax prep on 9/15. Staff reviewing e-file acceptance. I am in South Dakota visiting Badlands National Park. Took 3 phone calls, answered a few emails. Best 9/15 deadline yet! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

10 months

Missing the #TaxTwitter tribe this week at QBConnect…flew into Sedona doing a couple site visits for cost segregation. Family and Fifth Wheel are in Hilton Head, SC!

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@TheTaxNomad

Chad Huebsch, EA

2 months

My typical client is a: - SMB owner with annual income of $300k to $1M+. They need assistance with: 1. QBI maximization 2. State PTET calculation 3. Compensation optimization (S-Corp) 4. Real estate asset review 5. K-1 from syndications and private investments 6. Semi-annual

@markcecchini

Mark Cecchini, CFP®

2 months

My typical client has: —$2m+ of liquid net worth —1-3 complexities in their circumstances that warrant a deep level of financial planning, tax, & portfolio management Examples of complexity: ↳ company equity (options, RSUs, ESPP, etc) ↳ children (high COL, college planning,

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@TheTaxNomad

Chad Huebsch, EA

11 months

Blueprint Tax Q3 Update '23 Rev. Goal: $1M Q3 Rev Actual $228k Goal $250k 9% Off Target YTD Rev Actual $661k Goal $750k 12% Off Target In Q3 we added... MRR $8k One-Time $81k What is a goal without accountability? How was your Q3? #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

1 month

New prospect was referred from another tax pro (CPA/EA) that needs a consult on cost segregation. Sent them the link for a paid consult, paid and scheduled immediately via calendly. Don’t forget your worth #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 year

Beautiful view flying out of Denver, sky is on 🔥! Thank you #TaxRetreat ! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

No joke, my favorite thing to do as a firm owner is check my bank account and update my cash flow excel file every morning This is super simple but helps me keep tabs on the firms money. What simple thing do you do in your firm that puts a smile of your face? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

Fifth Wheel Friday Update! Added another National Park to the list, Isle Royale NP in Lake Superior, Michigan. This NP is one of the least visited since it is only accessible via seaplane or boat. I opted for the seaplane! It is 45 miles long and 8 miles wide. Home to moose

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@TheTaxNomad

Chad Huebsch, EA

4 months

Sch C/E “Hack” One of the best things I did was mandate all Sch C and E clients use my standard excel template. If they have QBO, Xero or Wave, no problem. The template includes an accountable plan worksheet. I don’t do random pics, pdfs and excel mumbo jumbo. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

5 months

“Thank you for reaching out but I don’t have the budget to do my taxes professionally this year. We are going to tackle them and see if it’s ACTUALLY worth it in the long run!” 1065, 2 partners. I wonder if they know about the $220/month penalty for late filing? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

5 months

How’s your Saturday? #TaxTwitter Crab Island Destin, FL

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@TheTaxNomad

Chad Huebsch, EA

11 months

What’s the courteous amount of time to wait on a empty zoom meeting before you leave? 5 minutes? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 month

Sometimes the best thing you can say to a prospect is: “No” Define your ideal client and only onboard those that meet your requirements. 10x if you have a team. Bringing in a bad fit will destroy workflow. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

I love receiving the Weekly Summary from @ignitionapp #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

1 year

I found my new favorite prospective client question —> #TaxTwitter Would you rather pay no tax or build long term wealth? They aren’t mutually exclusive but I’d rather work with the wealth builders. IMO Tax reduction < Wealth building

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@TheTaxNomad

Chad Huebsch, EA

8 months

2024 Pricing Update 7% bump for monthly tax subscription across the board has been received well. No pushback so far. Small grumbling from a few that got a 30% bump but they’ve all signed. 1 so far responded they were leaving, granted it was a 60% increase. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

Reviewed 4 1040s before noon today. Rest of the day is 2 client calls and a new client call to end the day. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

4 months

Tax Season 24 Post Mortem Putting together the agenda, what would you add? What went well? What sucked? Top 5 favorite clients & why? Top 5 worst client & why? What are you most proud of? What was one thing you learned? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

27 days

Tax returns = Boring Access to a Tax Pro = 💯 SMB owners want: 💵Clarity on how much cash they need for tax ✅Effective ways to reduce their tax bill 👍Someone to run ideas by #taxtwitter #smb #taxes

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@TheTaxNomad

Chad Huebsch, EA

4 months

Mission Accomplished! Finished paying my student loans in 9 years and 11 months post grad! Let’s go!!!

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@TheTaxNomad

Chad Huebsch, EA

6 months

May-November: When clients I want to work with reach out. December-April: When clients I DONT want to work with reach out. Why don’t I learn? Shut down my discovery process Dec-April, problem solved. Right? #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

6 months

I had a client I’ve been working with since 2019, pretty simple 1040 with a small Sch C. Was just told that my $50 price bump was too much, going elsewhere. Doesn’t feel great. She isn’t my target client… But it makes room for one that does. Silver linings #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 years

Lesson #1 in creating a successful CPA/Law/Financial Advisory Firm: Make it easy for your customers to pay you. @ignitionapp is a great solution, all in one engagement letter and billing.

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@TheTaxNomad

Chad Huebsch, EA

29 days

Who loves tax resolution and controversy? #taxtwitter I am an EA, going on 7 years. Doing taxes since 2012. Focused on planning and prep for SMB and owners. 1. How did you get into rep work? 2. What do you love about it? 3. How do you get paid? Fee structure etc 4. How are

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@TheTaxNomad

Chad Huebsch, EA

2 months

Time to look at pricing…

@LoganGrafTax

Logan Graf

2 months

TurboTax charges $1,749 to prepare a business tax return (S Corp/Partnership) Should this be the standard for business tax return pricing?

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@TheTaxNomad

Chad Huebsch, EA

7 months

If anyone is wondering if charging a new consult fee dissuades anyone. Fear no more! I just paid @TGorcz $295 for a 30 minute discovery call and didn’t hesitate. Tom consistently shows value and when a need arises it’s a no brainer!

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@TheTaxNomad

Chad Huebsch, EA

1 year

At what price point is it worth it to you to provide the service? Thank you Michelle Weinstein for the reminder to charge what I’m worth. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

Renewal from ProConnect Tax Online: $17k for 250 1040s and 200 entity returns. #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

11 days

Lots of SMB owners ask for tax planning. Here are some ideas to chat with your tax pro (CPA/EA) about: Low hanging fruit 1. Home office, cell phone, internet 2. Vehicle: actual vs mileage 3. Out of pocket medical expenses Intermediate 1. Retirement 401(k) + profit share

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@TheTaxNomad

Chad Huebsch, EA

2 months

When your projection is $10k off from actual. You call the client to figure out the difference. After 5 minutes we found it! Instead of owing $10k he is getting a small refund. #taxtwitter

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@TheTaxNomad

Chad Huebsch, EA

4 months

Preliminary #'s: Filed 93/215 1040s, ~43%. Extending 57% compared to 44% in 2022 Filed 84/181 Entities, ~46%. Extending 54% compared to 47% in 2022 Grew 44% in 1040s from 2022, 149 to 215 Grew 68% in entities from 2022, 108 to 181 Entity growth was intentional #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

11 months

My favorite return to do every year is my grandma in-law…sweet old lady turning 90 this year! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

10 days

@TheNFTCPA I usually call them and ask what they actually need…then berate them because how could I possibly know if they will still be in business 10 years from now…

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@TheTaxNomad

Chad Huebsch, EA

1 year

@MikeSyl36625988 I ask for year end bank and credit card statements to confirm ending balances as well as W2s/1099. But at what point do you trust the financials? When they are audited?

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@TheTaxNomad

Chad Huebsch, EA

6 months

Client: “Why does my P&L say I made $240k? No way I made that much!” Tomorrow I’ll give the client my answer: You took $140k draws and paid down debt by $100k. I wonder how he’ll take it?

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@TheTaxNomad

Chad Huebsch, EA

2 months

My clients want certainty in taxes but are risk takers in business. To be a SMB owner you have to be! Here are some options: - Max out 401(k), IRA and HSA - Review salary to max out QBI - Reimburse home office, cell phone, internet. - Bonus vs 179 expense - Vehicles…mileage vs

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@TheTaxNomad

Chad Huebsch, EA

5 months

2024 Q1 Revenue Update! 2024 my goal is to hit $1.25M revenue. In 2023 goal was $1M and just missed it at $947k. 2024 Q1 Goal $313k 2024 Q1 Actual $336k 2023 Q1 Actual $225k Monthly Tax Subscription is up 70% Annual Tax Prep is up 129% Bookkeeping is up 17% #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

6 months

👋 I am a SMB owner and I outsourced my own bookkeeping for the first time in 7 years! Yes, I am an accountant. But, with a 7 figure business I would be going against everything I advise my clients to do. Which is: Delegate and outsource low ROI tasks! #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

@TheNFTCPA 7200 for the advisory piece 2200 for entity prep 1000 for personal

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@TheTaxNomad

Chad Huebsch, EA

7 months

I feel like a real adult…I finally: Consolidated all my retirement accounts - Old 401(k) - Old SEP IRA - Old Simple IRA - Old State Pension - Several Brokerage Accounts I now have: - Brokerage - IRA - Roth IRA - 401(k)

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@TheTaxNomad

Chad Huebsch, EA

1 year

Can I add that $40k of new interest income for a client to my “tax savings” projection after I recommended they put 7 figures into a high yield savings account? Seriously $40k a year that they had been forgoing by sitting in a big bank account. #TaxTwitter

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@TheTaxNomad

Chad Huebsch, EA

2 months

DMs are open, reach out if you are ready to make a move! #taxtwitter #cpa #enrolledagent

@TheTaxNomad

Chad Huebsch, EA

2 months

I am hiring a Tax Manager at Blueprint Tax. DM me if interested. Duties Assist with 2X/year tax projections 20% Biz entity tax prep 30% Personal tax prep 30% Bookkeeping 15% Respond to client requests 5% Must Haves CPA or EA 5-7 years of experience Strong understanding of

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@TheTaxNomad

Chad Huebsch, EA

11 months

10/12, spent the day walking the freedom trail in Boston, MA. My 7th and 8th great grandfathers fought at the battle of bunker hill in 1775. Build the firm that allows you to do what YOU want to do. #TaxTwitter

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