Matt Deepe Profile
Matt Deepe

@mdeepe80

2,305
Followers
476
Following
2,247
Media
15,153
Statuses

Only CPA with a deadlifting profile pic | Father | Husband | Option Trader and Seller

Joined April 2009
Don't wanna be here? Send us removal request.
Pinned Tweet
@mdeepe80
Matt Deepe
1 year
I HIT MY GOAL TODAY! 200 KG I AM STILL IN SHOCK. I HAVE WORKED YEARS FOR THIS!!!!!
21
2
93
@mdeepe80
Matt Deepe
3 months
Here’s my rub on taxes. Accountability is not two sided The IRS expects me to be exact on my return. Same when I prepare returns. I try and do the best job possible. However, the government misappropriates taxpayer money, pisses it away, sends it off to other countries, and
212
808
6K
@mdeepe80
Matt Deepe
1 year
I don’t feel like I’m cut out to be a CPA. It’s not the ability to do the work. It’s the inability to deal with the long hours and the stress. I see why people leave the profession
52
7
223
@mdeepe80
Matt Deepe
2 years
Never take tax advice from people that don’t prepare tax returns for a living
11
30
211
@mdeepe80
Matt Deepe
1 year
Times are rapidly changing in the accounting profession People are retiring from the profession People are not entering the profession Tax laws are increasingly complex The days are gone where you can expect any tax professional to prepare your return for $300.
20
32
202
@mdeepe80
Matt Deepe
2 years
Social media got y’all believing that the government just gives you a free G Wagon if you open an LLC 😂
9
16
142
@mdeepe80
Matt Deepe
3 years
I wanted to share this with you all. So excited to have my first online sales. So excited right now.
Tweet media one
11
4
139
@mdeepe80
Matt Deepe
2 years
@WallStreetSilv In Tennessee
Tweet media one
2
37
119
@mdeepe80
Matt Deepe
3 months
1
0
111
@mdeepe80
Matt Deepe
3 months
Notice From IRS… “Please respond within 30 days” Response from IRS… “We are going to need more time” . . “We need additional time…” . . “We misplaced your document, can you resend?”
8
11
103
@mdeepe80
Matt Deepe
3 months
@lynnexxa The sad part is I don’t know honestly what we can do to change it except vote everyone out.
26
0
97
@mdeepe80
Matt Deepe
2 years
I think a bachelor’s degree should take 2-3 years Not 4
30
2
92
@mdeepe80
Matt Deepe
11 months
The end of a chapter. When it’s all said and done I will miss the colleagues and clients I worked with. I’m excited for the future.
Tweet media one
15
0
90
@mdeepe80
Matt Deepe
1 year
The Accountant Shortage Explained as Succinctly as possible: 1️⃣People retiring >> People graduating w/ accounting degrees 2️⃣Poor work life balance 3️⃣Poor pay relative to work demands Firms that address 2️⃣ & 3️⃣ above will thrive!
9
4
88
@mdeepe80
Matt Deepe
2 years
This was written by a former colleague of mine. It breaks my heart that clients treat CPAs like this. It is perfectly ok to get an extension. It is not ok to chew your CPA out because you owe. Especially if YOU didn’t pay your estimates or engage in tax planning
Tweet media one
3
7
85
@mdeepe80
Matt Deepe
3 years
Unpopular Opinion... I am not a fan of 529 plans for saving for college ✅Tax savings minimal for most people ✅ Restrictions galore on accounts ✅ Higher fee funds Plus, who knows what college will be like in the future
10
9
82
@mdeepe80
Matt Deepe
1 year
@mountainwesttax Now I want to know the net profit 😂
3
0
74
@mdeepe80
Matt Deepe
3 years
If you are married, you could make $100k in long term capital gains/qualified dividends and pay zero tax. Game changer!
@roncaruthers
Ron Caruthers
3 years
TAX TIP: Just a reminder that if you're buying individual stocks or real estate, you pay a lower tax rate if you hold them for a year and THEN sell. In some cases, that 'lower tax rate' is zero. That is NOT a typo.
9
98
501
4
8
70
@mdeepe80
Matt Deepe
1 year
There is no reason why I can’t work remote, have a great income and work less than I do now as a CPA.
9
0
70
@mdeepe80
Matt Deepe
2 years
I just completed @Investandbefree Platinum coaching program and wanted to do a thread of what I learned and my thoughts on the program. A thread of the 10 biggest takeaways:
8
4
69
@mdeepe80
Matt Deepe
11 months
Does anyone else fill up their spouses car for them? I’ve always done it because I saw my grandpa do it for my mom when she had cancer. Just always thought it was a nice thing to do
Tweet media one
23
0
65
@mdeepe80
Matt Deepe
1 year
Tonight at the dinner table, my son tells me about a school assignment where the teacher asked them how they would spend a million dollars. He says the usual things…house, car, college, etc.. I then say “you could sell 30 $320 cash secured puts on QQQ and get $3,000 in premium
3
3
66
@mdeepe80
Matt Deepe
2 years
Cheat Sheet for Futures $ES = S&P 500 $YM= Dow Jones $RTY = Russell 2k $VX = VIX $CL = Oil $NQ = Nasdaq $ZB = 30y Treasury $ZN = 10y Treasury $GC = Gold
5
13
64
@mdeepe80
Matt Deepe
2 months
Met with my new doctor today and am already blown away by the subscription model. I don’t know if I can go back after getting a taste of concierge medicine.
13
0
63
@mdeepe80
Matt Deepe
1 year
Am I the only one that opens up Twitter and thinks “Damn, where did I go wrong?” Seems like everyone is earning big money on here (who knows if it’s all true)! I’ll go back to paddling my own canoe!
14
1
60
@mdeepe80
Matt Deepe
2 years
Weight limits are real people. My big 220 lb ass plus 210 lbs of dumbbells exceeded the 350 lb weight limit
@mdeepe80
Matt Deepe
2 years
RIP Incline Bench 😂 Hope your Monday is better 😂
10
1
23
6
3
58
@mdeepe80
Matt Deepe
3 years
2022 Goals Physical 1.) Deadlift 200kg (440 lb) 2.) Bench 142 kg (315 lbs) 3.) Squat 150kg (330 lbs) 4.) Break 39 min on 10km row Financial 1.) Hit $75k in dividend income 2.) Hit $50k in Option Premium Income 3.) Hit $400 daily day trading starting 3/22 Cotd….
8
1
54
@mdeepe80
Matt Deepe
2 months
This may be my best month so far on option selling. Looks like I may hit 60% of my W2 income in May. I will keep the focus on.
13
0
56
@mdeepe80
Matt Deepe
1 year
When a plumber comes to your house, do you expect a bill? When you consult with a doctor, do you expect a bill? Then why would you expect a consultation with an accountant to be any different?
7
3
51
@mdeepe80
Matt Deepe
3 years
Fun fact Before becoming a CPA I was a mechanical engineer!
5
3
53
@mdeepe80
Matt Deepe
4 months
I was pondering something last night. Maybe clients just don’t value what I do as a CPA. I dunno anymore.
30
1
53
@mdeepe80
Matt Deepe
2 years
Sometimes I need a visual to understand a concept better. Below is the last 5 days MACD lines across different timeframes for $JWN.
Tweet media one
12
3
50
@mdeepe80
Matt Deepe
1 year
Missing my daughters school presentation because of busy season is bringing me to tears. I will correct this after busy season
15
0
46
@mdeepe80
Matt Deepe
2 years
Those car payments took my breath away. I’ll add mine: $0
@GuyDealership
Car Dealership Guy
2 years
We deserve an asteroid
588
402
5K
17
5
42
@mdeepe80
Matt Deepe
2 months
@GiaMMacool Men are very easy to please, all you have to do is love and respect him and he’ll be happy.
1
0
46
@mdeepe80
Matt Deepe
2 years
I’m excited that $AMZN is doing a 20:1 split. Now it will be easy for me to grab 100 shares and be able to write covered calls on it!
5
2
44
@mdeepe80
Matt Deepe
3 years
Watch less news Workout more Watch your mood and outlook improve by 99%.
1
7
42
@mdeepe80
Matt Deepe
3 years
If you are self employed and haven’t set up a Solo 401k yet, you need to get your paperwork in ASAP. To contribute to one, you must have the account open by December 31st. Get your paperwork to your broker ASAP!
1
8
42
@mdeepe80
Matt Deepe
1 year
Im a week late but had to post a pic on our 17th anniversary!
Tweet media one
5
0
40
@mdeepe80
Matt Deepe
2 years
Been struggling quite a bit lately. What I have been doing is praying for the courage to follow what God has planned for me.
7
2
40
@mdeepe80
Matt Deepe
11 months
The most rewarding thing to me is to build a life and create a family and a legacy with someone that you love deeply. Anyone that says that marriage is the end is kidding themselves. There are challenges, there are days you will be mad at your spouse. Life happens. It’s
Tweet media one
Tweet media two
@DaveEDanna
Dave Danna
11 months
I get negative comments when I post about never giving up or getting married. "Marriage IS giving up. No?" 👇 Do y'all consider marriage giving up? If you could retweet this with marriage advice & a picture of y'all married I'd appreciate it 🙏 negativity is disheartening!
Tweet media one
166
3
288
2
2
40
@mdeepe80
Matt Deepe
1 year
I DID WHAT I SAID I WOULD DO! MY GOAL IS ACCOMPLISHED A DAY EARLY! Through injuries, tax season, etc.. I still did what I had to do. Also accomplished rowing 2 half’s and a full marathon along the way. My secret. I needed 2,739.7 meters every single day I needed 83,333
Tweet media one
Tweet media two
Tweet media three
@mdeepe80
Matt Deepe
2 years
It’s May 1st and time for me to start work towards my goal of rowing 1,000,000 meters or more by April 30, 2023!
1
0
10
9
0
39
@mdeepe80
Matt Deepe
1 year
Can’t believe 4/18 is only a little more than a week away. Looking forward to making some positive changes after 4/18
4
2
37
@mdeepe80
Matt Deepe
2 years
@Investandbefree @drakesmith__ Too many seek a lottery ticket. But, don’t realize that $100,$200,$500 a day could change their future.
4
2
38
@mdeepe80
Matt Deepe
1 year
@MarcLobliner I live a little further south in Williamson county and I always thought people had a ton of money, but I always have to remind myself it’s easy to fake being wealthy. I’d rather focus on building real wealth and not impressing others. Keep it up and stay debt free
5
0
38
@mdeepe80
Matt Deepe
4 years
Scammed by @MrZackMorris and $AMC.
Tweet media one
2
2
36
@mdeepe80
Matt Deepe
1 year
PSA Please contact your tax professional BEFORE you make any big decision or transaction!
6
4
37
@mdeepe80
Matt Deepe
3 months
@Lifeinvestmoney Cash out your 401k and buy a fleet of Carollas. Their value will go up over time.
2
0
37
@mdeepe80
Matt Deepe
11 months
I’m pumped!!!
@anthonypricecpa
Tax Tone
11 months
🚨Couldn't be more excited to make this announcement! The CPA tax genius @mdeepe80 just joined Priceless CPA as our Chief Operations Officer and Senior Accounting Manager Couldn't be more excited to help people save taxes and crush tax returns together 🙏 Welcome Matt plz 👇
12
2
69
9
1
35
@mdeepe80
Matt Deepe
11 months
@libsoftiktok I’m still trying to decipher what she said. Sounds like the teacher on Peanuts cartoons.
0
0
32
@mdeepe80
Matt Deepe
1 year
Every day. I can better understand more and more why there is a CPA shortage as well as a shortage of people that want to go into public accounting. Clients in general seem to be ruder than before. However, as an EE I have zero control over it.
11
0
34
@mdeepe80
Matt Deepe
2 years
Anyone ever though about leaving accounting entirely. It crosses my mind every so often.
14
0
34
@mdeepe80
Matt Deepe
3 years
Just made $310 on selling a weekly $TSLA covered call!
8
3
30
@mdeepe80
Matt Deepe
2 years
As of 8/30/22 (The US Government’s fiscal year ends on 9/30), $452.1 BILLION has been spent on interest on the debt. This will continue to increase.
5
7
32
@mdeepe80
Matt Deepe
2 years
Friendly reminder to have an emergency fund Shit happens. Make sure you are ready.
Tweet media one
5
1
33
@mdeepe80
Matt Deepe
1 year
@bhallcpa I always say that I was a better parent before I had kids. Now with 3, my perspective has changed.
0
0
32
@mdeepe80
Matt Deepe
3 months
Tweet media one
0
0
32
@mdeepe80
Matt Deepe
2 years
My wife is a TV star now haha
Tweet media one
10
0
28
@mdeepe80
Matt Deepe
3 years
If you doing a side hustle, and want simplicity in accounting, I recommend the cash method. With the cash method you record income when you receive cash and expenses when you spend cash. However, as your business grows you may want to look into the accrual method.
2
3
30
@mdeepe80
Matt Deepe
1 year
This shit has got to stop if you want people to become tax professionals We can debate the 150 hours til the cows come home The core issues plaguing the profession Low Pay Long Hours We attend school to study accounting We attend CPEs to grow our knowledge We research tax law
@MikeSyl36625988
Mike Sylvester, CPA
1 year
Now I am even more angry. 2 people who recently graduated w 4 yr accounting degrees sent me dms. One spent a year interning for a firm within 90 minutes of my office. More rural. I know of one of the owners a little. Little bit lower cost of living than Fort Wayne. Single
32
3
129
4
1
31
@mdeepe80
Matt Deepe
1 year
The more I think about it... the more I realize I just not might be cut out for public accounting Maybe its that I need the right place to grow Maybe its me taking things personally But maybe it’s just not right for me Ill figure something out!
9
0
30
@mdeepe80
Matt Deepe
1 year
I don’t get why some financial advisors feel the need to get in a pissing content with CPAs. I’m staying out of that horseshit. I’ll focus on other things.
3
1
30
@mdeepe80
Matt Deepe
3 years
@CJ_Johnson17th broke down blockchain and how it will become the future. Go watch his stories now. I’ve been mostly $BTC and $ETH
0
4
25
@mdeepe80
Matt Deepe
3 years
My goals for the rest of the year: - Release an online course - Collect a steady $1,500 a week selling options - Deadlift 440 lbs (200 kg) - Bench 335 lbs - Finish up 75 hard
1
0
28
@mdeepe80
Matt Deepe
2 years
Tax Tip If you typically pay estimated payments and are behind, but also have a W-2 job. Then consider increasing your withholding for the remainder of the year Withholding is considered to have been made throughout the year, while estimated payments are credited when paid.
1
6
29
@mdeepe80
Matt Deepe
2 years
Unpopular opinion. A pre-tax 401k merely postpones the tax you owe!
20
0
27
@mdeepe80
Matt Deepe
1 year
@Investmentkage Losses are unlimited if you sell a naked call. A covered call, you are selling someone the right to buy your shares of stock at a certain price. You pledge 100 shares of stock as collateral for each contract sold. A naked call, you don’t have the shares.
4
2
29
@mdeepe80
Matt Deepe
1 year
Tip. When entering in K-1s for a new client, ALWAYS get prior year basis schedules. Had one today where the prior CPA didn’t include increases in liabilities as additions to basis. I only caught it because I was showing a $200k gain on distributions in excess of basis
4
0
27
@mdeepe80
Matt Deepe
3 months
@ParkaTrades All I can do at this point is vote for people that push for more accountability. If you have other ideas, I’m all ears. Best solution would be if I could be dictator for a year 😆. Then I could clean stuff up.
4
0
27
@mdeepe80
Matt Deepe
1 year
@doutaxsolutions Damn. I thought property taxes in Ohio were high
4
0
25
@mdeepe80
Matt Deepe
2 years
@LadeBackk Promising student loans debt forgiveness for votes hits different too. That was the ultimate scam.
7
0
26
@mdeepe80
Matt Deepe
4 years
@SpacTraderinTra $IPOC lots of potential. Almost $4T in healthcare spend for the US. Fastest growing Medicare advantage plan, Medicare enrollment increasing and their focus on improving outcomes and cutting costs. This could be a game changer.
3
2
24
@mdeepe80
Matt Deepe
2 years
405!!!!!! Fucking ripped that shit like it was my job!
9
0
26
@mdeepe80
Matt Deepe
3 years
Please consider your risk tolerance when investing. If you are all in stocks or crypto and you can’t stomach the thought of them going down 30%+ percent at any point in time, then you need to reevaluate your strategy.
6
3
27
@mdeepe80
Matt Deepe
1 year
I know I said I wouldn’t post P/L. But just sold half of $TSLA for a nice gain.
Tweet media one
2
0
26
@mdeepe80
Matt Deepe
1 year
This is terrible. You do not mess up payroll and if you do it needs to be fixed IMMEDIATELY They did the work they need to be paid. The fact that people can’t pay their bills because PwC HR/payroll is dismissive is appalling. Think this says a lot how they view their
@going_concern
Going Concern
1 year
Thousands of PwC interns have not been paid and they're justifiably pissed off about it. Apparently one in NYC is sleeping in his car.
14
14
55
4
0
26
@mdeepe80
Matt Deepe
1 year
I’ve gotta go fully remote. This shit is for the birds!
Tweet media one
9
0
25
@mdeepe80
Matt Deepe
3 years
I will not sell puts on 300% IV stocks I will not sell puts on 300% IV stocks I will not sell puts on 300% IV stocks I will not sell puts on 300% IV stocks I will not sell puts on 300% IV stocks I will not sell puts on 300% IV stocks 😂😂😂
3
2
25
@mdeepe80
Matt Deepe
2 years
You don’t expect to wake up and hear your dog breathing their last breaths I can’t stop crying right now 15 years was not enough
8
0
26
@mdeepe80
Matt Deepe
2 years
Tip If you receive a 1099-K for credit card payments for your business or side-hustle, there better be a Schedule C with your return that has sales AT LEAST as much as what is on that 1099-K. Trust me, if you forget, the IRS will remind you sooner or later.
8
0
26
@mdeepe80
Matt Deepe
7 months
@TweeetsOfDogs I’m so sorry for your loss. I lost my two dogs in 2022 within a month of each other. Even now I miss them dearly.
0
0
26
@mdeepe80
Matt Deepe
1 year
Who says CPAs can’t be strong!
4
0
25
@mdeepe80
Matt Deepe
1 year
My church is doing a Digital Detox. That means all social apps will be removed on the phone for now. If I get on Twitter it will be through my computer and only for a few minutes. I’m also removing email apps and other things that could be a distraction. People that need
Tweet media one
3
0
25
@mdeepe80
Matt Deepe
2 years
What happened to me today and why it may have been a turning point for me in my trading journey Most of these lessons @Investandbefree talks about but sometimes it helps to get them out for reinforcement A thread…
5
2
25
@mdeepe80
Matt Deepe
1 year
@anthonypricecpa Not enough pay for hours put in Poor treatment from clients Perception of accounting being boring
1
0
22
@mdeepe80
Matt Deepe
2 years
I’ve had enough fun with tax returns today Had the following today Guy w/ 30 K-1s Guy w/ property that sold in South Africa Guy w/ 3 Sch Cs one being a ABNB on his personal residence
5
0
24
@mdeepe80
Matt Deepe
2 years
I scaled up. Went from 100 shares to 250 shares. Bam!!!
Tweet media one
2
0
24
@mdeepe80
Matt Deepe
2 years
@LadeBackk you made my night. I had to do a double take first to make sure it wasn’t an imposter 😂!
Tweet media one
4
0
24
@mdeepe80
Matt Deepe
10 months
@BowTiedBull It means that we can rack up as much debt as we want. They will have to issue new debt to service the interest on the old debt as well as refinance the debt coming due. Federal program expenditures are small compared to the money spent on Defense, Social Security, Medicare, and
4
3
24
@mdeepe80
Matt Deepe
9 days
Just looked and my trading profits this month are poised to surpass my monthly W2 income for the first time.
6
0
23
@mdeepe80
Matt Deepe
2 years
Yes this is a real 1099 Yes this is >2,000 pages Yes there is a capital loss Don’t be that guy that trades all day and goes backwards Trade less, earn more
Tweet media one
4
4
21
@mdeepe80
Matt Deepe
2 years
6.) The power to always have a trade You can trade paired ETFS on any timeframe you want, which means that there is always a side you can take Examples (3x, 2x, 1x Leverage) Bullish - $TQQQ, $QLD, $QQQ Bearish - $SQQQ, $QID, $PSQ
1
1
23
@mdeepe80
Matt Deepe
1 year
This is a great summary. As for clients, this is what it means in my opinion. 1.) Expect significantly higher fees. 2.) Expect many firms to not accept new clients or be picky about what type of client they are looking for 3.) Be ok with having your returns extended (This
@patrickdichter
Patrick Dichter
1 year
If you’re looking for a tax pro these days, be aware of 3 big trends: 1. Accounting enrollment is down in universities 2. People are burnt out and leaving public accounting before retirement 3. Tax code gets increasingly complex every year
7
6
63
2
2
22
@mdeepe80
Matt Deepe
3 years
If you are going to ask someone a detailed question, be willing to pay them for their expertise!
2
0
21
@mdeepe80
Matt Deepe
2 years
RIP Incline Bench 😂 Hope your Monday is better 😂
10
1
23
@mdeepe80
Matt Deepe
11 months
Using a tax pro for only tax prep and not for tax planning is like buying a Porsche and never driving it.
2
5
22
@mdeepe80
Matt Deepe
2 years
It’s been an adventure trading this year. A rough start but the last two months I built my account back up from the losses I had and now became consistently profitable. It’s been a journey this year and am ready for 2023.
2
0
22
@mdeepe80
Matt Deepe
2 years
I also forgot the most important thing. You can take your own trades and Never.. Rely on others on social media Chase pumps Need to join signals only groups
1
0
22