Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ Profile Banner
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ Profile
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ

@taxtherapist505

4,696
Followers
315
Following
1,442
Media
48,643
Statuses

Did someone say yarn? (she/her)

Albuquerque, NM
Joined January 2018
Don't wanna be here? Send us removal request.
Pinned Tweet
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 months
Just here for sharks, Lego, and yarn.
1
0
15
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Got my new #TaxSeason T-shirt from @GatorsDaily .
Tweet media one
0
32
406
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
5 years
@ginnyhogan_ Men come into my office seeking help and then argue tax law with me.
3
8
299
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Can we please fix the W4 and the withholding tables. Please.
10
13
150
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Please don't hate me, #TaxTwitter , but my decision to no longer do entity returns (1040s only) is the best gift I have given to myself in a long time. That and taking a season where I'm not taking new clients.
24
1
140
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
9 months
@sewistwrites @LynneV87 Same. If family offers to bring a dish, we will accept gratefully. If guests ask we will sometimes say "bring a dish you're famous for." But if we're hosting, we're hosting. Even for close family.
3
0
129
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
Congress is passing retroactive tax law mid season after cutting IRS funding by $20B. Please stop blaming the IRS, Intuit, and HRB. They are the symptoms, not the disease.
6
13
116
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
I will NEVER do pro or low bono work again. Never fucking ever. I'm sorry you don't understand why your settlement was the best I could do. I'm sorry you think the court was unfair. I'm sorry the IRS is a fucked up mess. I'm not doing any more free work for you. And---blocked.
15
0
114
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
5 months
You ever look at a tax return and wonder "How did someone this thick end up with all this money?" Just me? #TaxTwitter
19
2
107
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Victory! From IRS Media Relations...just now. #TaxTwitter
Tweet media one
18
16
102
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
PSA: Taxpayers, it's YOUR tax return. Hiring a #TaxPro does not make it THEIR tax return. It also does not make it their job to beat the information necessary to prepare the return out of you. Provide the information or deal with the various consequences.
8
8
101
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Barring any issues you are looking at a new Forbes contributor! Thanks to @taxgirl , @TGorcz and everyone else who encouraged me to go for it. And especially to Kelly for putting in a good word. Oh and to @janetnovack for a great convo and the opportunity!
29
1
102
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
I think my special needs kid is finally going to start post secondary in the fall. This could be huge.
14
0
101
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Hey #TaxTwitter , anyone else seeing a high percentage of W2s and 1099-Rs (pensions) where the federal withholding is just stupidly low? I'm having to give a lot of bad news to clients and it's annoying.
26
2
98
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Dear men, suicide is bad but if you must kill yourself please do not take a woman with you. Signed, someone who still misses her friend.
12
1
92
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
I did a 13-hour client intensive day yesterday. Today I am virtually useless. You younger #taxpros take note. This is why I encourage you to set and keep your boundaries. The older you get, the more difficult and less sustainable our toxic business model becomes.
12
0
96
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
I feel this in my keyboard.
@ADHDForReal
ADHD Memes
7 months
Tweet media one
59
805
3K
12
3
93
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
You know what, #TaxTwitter ? Screw this FIFO crap. From now on I'm working returns based on first names. So maybe today I work on all the Susans. And tomorrow the Marys. And the day after that the Michaels. Then the Daryls and Darins. That makes as much sense as anything else.
23
0
91
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
What's going to drive me out of tax prep isn't the clients. It's the legislatures (state and federal). I am losing patience with the non-stop changes.
11
4
85
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
8 months
I know it's not sexy, but I just want to do 1040s, help taxpayers, write, and teach technical tax topics to beginner and intermediate level taxpros. 1/2
7
0
87
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Seriously considering taking the day off. Driving to a bookstore. Paying cash for a novel. Reading it outside. Starting over tomorrow.
17
0
84
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
The explanation your clients have been waiting for, #TaxTwitter :
22
11
82
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
So this just happened...
Tweet media one
13
1
84
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
Hey, Liz, the problem isn't those companies. It's Congress. Only Congress can simplify federal law. It's a lack of political will and a love of campaign donors that's keeping s*** complex.
@SenWarren
Elizabeth Warren
6 months
As tax filing season opens, a reminder that Americans spend an average of 13 hours and $240 a year to file their taxesโ€”while @turbotax and @HRBlock rake in billions. ย  Tax filing should be simple and free. The @IRS is working on a pilot program to get that effort started.
1K
692
4K
14
7
85
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
No one wants to hustle RIGHT NOW. Those of us with kids home from college want to enjoy them. Those of us with littles are busy trying to make the magic happen. And some of us are suffering and just trying to get thru to the end of the year. Back off, boomer.
@MultifamilyMad
Multifamily Madness
7 months
This is the most difficult time of year to do business. I cannot get an attorney, mortgage lender or appraiser on the phone for the life of me. Record amount of โ€œOut of Officeโ€ emails since the December 18th. No one wants to hustle. I get taking the 23rd to the 31st off but
151
9
311
11
1
81
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
Making a list of all on #TaxTwitter who are posting about work today and tracking when the burnout posts start happening.
12
2
79
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Good morning, #TaxTwitter . Yes, clients and potential clients are annoying. They are also what keeps us in business. Pause and take a breath before dunking on these folks here. We all need to blow off steam but there's a lot of negativity being pushed into our universe... 1/4
19
1
78
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
New #TaxPros , international tax is not an area where you want to learn without a mentor. It won't serve you or your clients well. Taking classes is a good start, but it's not enough. #ISaidWhatISaid
13
1
77
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Sad but true tax reality---small businesses feel like taxes are killing them because they don't factor taxes into their budgets and they don't stay on top of their estimates.
4
8
77
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
9 months
Your periodic reminder that while I sometimes don't show letters behind my name, I am a member of the Bar of the U.S. Tax Court in addition to being an Enrolled Agent.
14
5
75
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Y'all can bitch all you want about boomer clients and the phone and paper. Mine are organized AF and, even when they don't like their results, at least UNDERSTAND their results. #TaxSeason #TaxTwitter
6
0
75
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 years
Come for the tax takes; stay for the shark pics.
3
0
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
Today has been a bad day. It started bad. It hasn't gotten much better. I ate an entire Butterfinger candy bar and I chose to write with my mom's preferred (flair felt tip) pens bc I just needed---something. I'll get thru it. So thanks to everyone who checked in.
24
0
73
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
Look, I think this is a GREAT idea. I think expanding the Child Tax Credit is a GREAT idea. I like raising the 1099-K reporting limit (even higher than the $1K in the House-passed bill). But why in the name of all that is good couldn't they have gotten this done last fall?
@cady_stanton
Cady Stanton
6 months
๐Ÿšจ๐ŸšจThat's not all folks: 8:00 AM Rules Committee Hearing scheduled for tomorrow on H.R. 7160 โ€“ SALT Marriage Penalty Elimination Act Bill text:
3
2
12
12
5
73
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Mortgage lenders: It is YOUR job to assess risk. If you have access to the client's tax returns (and know how to read them) you can do that without additional input from me. #NoComfortLettersEver
2
4
73
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
27th Anniversary Selfie.
Tweet media one
21
0
72
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
5 years
0
0
63
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
This one's for you, #TaxTwitter via @forbes
12
21
71
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
25 days
Taxes. Law. Accounting.
@jbenmenachem
jon ben-menachem
27 days
compared to journalism, is there any other profession where more laypeople think they could do a better job than the professionals?
214
25
433
4
4
71
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
In happier news, mama's little rocket scientist got accepted to college and got a nice scholarship to boot.
9
0
71
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Wearing my sweater. Making a housecall. Even put on makeup and heeled oxfords.
Tweet media one
16
2
69
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Well, I did it. With Congress Still Debating Stimulus, Should You Rush To File Your 2020 Tax Return Or Wait? via @forbes
17
17
71
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 month
@JWellsTax I get not taking the insurance. I will never get not taking people who want to just pay the damn bill.
9
0
70
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
I am truly not sure I can do this job today. Between clients arguing with me like I'm stupid and people on here who only know me from #TaxTwitter talking to me like I'm stupid I'm thinking I just need to step away from the keyboard and deal with this shit next week. 1/2
15
0
68
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Truly, no one would be happier than me if tax simplification eliminated my job. I have other skills. Truly, no one would be happier than Bill if world peace eliminated his job. Neither one of us wants life to be shitty or unnecessarily complex just so we can make a buck.
7
3
69
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Guess whose tax return is done? Yep. Just finished mine. Two down, lots to go. #TaxTwitter
12
0
66
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
NEVER spend money to save money on taxes. Spend money to make more money---and plan for the taxes.
@T_Gatzemeier
Travis Gatzemeier, CFPยฎ
2 years
Your $3,000 business write off saves you $960 in tax (32% tax bracket). You still spend $2,040. So make sure itโ€™s a productive expenses for your business. A business write off isnโ€™t free money. Itโ€™s simply spending pre tax dollars instead of after tax dollars.
5
14
83
12
2
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 years
If you are unhappy about how the PPP loans were distributed consider electing people who don't define a small business as $25 Million in gross income
5
12
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
8 months
Last teaching gig of 2023. Here's hoping for some good ones in 2024...and more articles.
Tweet media one
4
0
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
Intuit?
@girdley
Michael Girdley
4 months
What company is simultaneously the most profitable and the most hated? Iโ€™ll go first: Oracle software. Everyone buys it. Everyone hates them.
235
15
452
6
0
66
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Stop panicking. A #TaxTwitter thread for solo practitioners and others "in charge." 1/X
12
1
64
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
The W4 is not used to pay your taxes. It is used to tell your employer how much to set aside for your federal income taxes. You pay (effectively) when you file your tax return. The level of stupid on evidence here is mind blowing.
@davenewworld_2
Fifty Shades of Whey
3 years
Committing tax evasion to own the libs
2K
745
4K
12
2
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Tax and accounting professionals are here to do a JOB. Compliance and/or advisory. What they are not here to do is absolve individual or business taxpayers from all accountability for their finances and tax reporting/payments. #TaxTwitter
5
8
65
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
9 months
Thank you, Lord for thinkin' 'bout me, I'm alive and doin' fine. #TaxTwitterMoves
Tweet media one
6
0
62
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
And, since we're on the topic, here is your periodic reminder than in addition to being an EA, a tax instructor, and a tax writer, I am a non-attorney member of the bar of the U.S. Tax Court.
5
1
62
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Ya sold a rental for a lot of money. Ya worked as a contractor for 10 months. Ya didn't ask your taxpro to calculate set asides for cap gains or estimated tax payments. Because you were so busy. Now your bad news is my fault? I must have made an error? #ConeOfNope
6
1
59
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
I can understand how "the youngs" find accounting and audit tedious. LOL. It's SO not my thing. But tax? Tax is sexy AF. Truly it's the intersection of tax LAW and accounting PRACTICE (double-entry acctg is amazing) that makes this job fun.
10
0
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
#TaxReturn extensions are not an audit flag. I've looked at the stats. Do not leave a good #TaxPro simply because they request or require you to file an extension. Extensions allow us to do our best work. 1/2
3
4
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Not EXACTLY sure what happened but #TaxTwitter calling people Nazis and using anti-semitic rhetoric and death threats is not OK. @adammarkowitzEA is a pro and a human being and deserves our respect even when we don't agree w/him. FFS it really is OK to just keep scrolling.
5
0
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Hearing that some big nat'l tax industry orgs are asking instructors to teach at big nat' tax conferences for no pay. You know---to work "for exposure." Just say no. It's one thing to do that for a friend's new conference. Quite another for "reputable" industry orgs. #TaxTwitter
12
4
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Dear random 1040 clients, I have forgotten more about tax law than you can ever learn or google. So please don't send me snippy messages about how you don't see anything "from the IRS" about having to do more documentation on non-cash donations of more than $500.
5
0
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Taught Tax in Sacramento and all I got was this lousy picture. Oh and paid. I got paid. You know. For the WORK.
Tweet media one
8
0
61
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
One thing I wish the #IRS would realize is just how much of the information they put out is well beyond the patience and skills of the average taxpayer. Hell, it's too much for me on some days.
5
5
59
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
August through December 2023 brought some major changes that will carry thru 2024. None of them good. Happy to report that as of 3.14.2024 BILL IS RETIRED and I no longer have to worry about him dying at HIS desk.
9
0
61
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
For those in the cheap seats: Accounting and tax INTERSECT. They are not the same thing. Having expertise/experience in one field does NOT guarantee experience/expertise in the other.
5
7
61
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
Really? The white nationalists surprised you with their racism?
@HalfwayPost
The Halfway Post
7 months
BREAKING: Vivek Ramaswamy says he couldnโ€™t believe how many GOP primary voters were opposed to him merely because of his name, ethnicity, skin color, and religion.
2K
639
6K
13
7
61
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
If your #TaxPro says the min fee for your 1040 is $1000, instead of trying to talk them down tell them you it's out of your price range and ask if they can refer you. Don't tell them your return is easy (it isn't) or that they are making $ for doing nothing (they aren't).
1
4
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Someone, for the love of yarn, please explain to me why couples in low CoL states making 300K+/year have these shitty little side hustles. Fuck you and your three-line Schedule C. Oh yeah, and not getting a 1099-NEC/MISC doesn't make it non-taxable income. Fuck.
14
0
61
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
7 months
Thinking of buying a case of Veuve Cliquot and drinking one bottle each month in 2024 for no fucking reason at all.
18
0
59
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
My 25th Wedding Anniversary is on May 18th. So the IRS can just bite me. Filing deadline in my office is 4.15.
17
0
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
I'm tired. Not as tired as some of you. But I'm at the point where I'm considering firing long-term clients for spelling my name wrong and refusing to schedule a call or provide a callback window. I'm not just gonna let you interrupt me. FFS #TaxSeason #TaxTwitter #OnTheBubble
10
0
58
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Don't hate me #TaxTwitter , but my workflow is absolute perfection right now. Bell-shaped curve. Able to answer TY2022 notices (mostly fraud alerts) in almost real time without my anxiety going off the charts. Reinforcing decisions I made last summer.
10
0
60
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Phone is blowing up today. Hello? Taxpayers, clients, advisors, etc? One day is NOT enough time to regroup. Even for a small practice like mine. Slow your roll and expect people to be taking some time off. Or, in my case, some time away from client-facing activities. #TaxTwitter
6
3
57
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
11 months
I love #TaxTwitter but I absolutely have no intention of dying with my (tax) boots on. I'm gonna retire and be the batshit crazy old broad in my neighborhood.
10
0
56
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 years
The article I wrote? Accepted for (paid) publication AND I'm an "official" writer again after an 8 year hiatus. This feels good. #TaxTwitter
16
0
59
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
Seen on Twitter: "I'm scrambling to find deductions." No. If you are a BUSINESS you keep books & records (even if it's just receipts in categorized envelopes that you total---in EARLY JANUARY. 1/3
7
4
59
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
Your annual reminder that most of the Internal Revenue Code (written by Congress, not the IRS) considers a business with under $25M (no, that's not a typo)in gross income a SMALL business. Please keep this in mind as you are following discussions about tax policy.
4
8
58
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Well fuck. One of my legacy clients (been with me since inherited the business) just passed away. Spouse is still here but still. FUCK. As much as I hate losing any client, losing my Mom's clients is an order of magnitude worse. They've stuck with me through a lot of change.
12
0
58
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Valued Clients, Please stop investing in things you do not understand. This includes, but is not limited to, pass-thru-partnerships that issue K1s thru your brokerage and cryptocurrency. Sincerely, your soon to be former tax professional. #TaxSeason #TaxTwitter
5
5
56
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
6 months
PY non-filer without a referral booked a discovery call. #ConeOfNope I know my limits.
Tweet media one
3
0
57
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 month
@piper4missouri I'm going to be sorry I Googled that phrase, aren't I?
1
0
57
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Just skimming thru the tax provisions in the Inflation Reduction Act. I want to vomit. I mean, great for the climate, but another freaking nightmare for return preparation and potential for clients to "not get it."
9
0
56
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
#TaxTwitter is the BEST twitter and y'all got some MIGHTY vibes. Sorry for the vague tweet but---no infections and meds are working and tumors (not mine) are shrinking. Thank you. My day is improving quickly.
6
1
54
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
I already hate this tax season. For the first time in YEARS I was not looking forward to getting going. The dread is being rewarded/confirmed. In. Spades. #TaxTwitter #TaxSeason
17
1
53
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
Y'all, things are not so great in my personal space right now. If you're seeing a lot of dark humor with a side of salt and it bothers you, please keep scrolling rather than spending your time lecturing me. Not a subtweet. More of a warning.
14
0
55
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Happy Anniversary to me.
Tweet media one
15
0
54
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
And now the mortgage brokers are asking for 8879s in addition to a copy of the e-filed tax return. I am so fucking over these people. #TaxTwitter #ScopeCreep
14
0
53
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
Guy is using a DRONE to inspect our roof to give us a quote on replacement. Ordinary and necessary! Way to work smarter.
5
0
53
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
1 year
That feeling when the ridiculously high-maintenance client fires you (and takes another account with them) and you're perplexed but not really as sad as they probably think you are. I love it when they self curate. #TaxSeason #TaxTwitter
4
0
50
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Behold! 2 sleeves and a neck. Now for wash, block, and weave in the loose ends.
Tweet media one
9
0
52
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
The vibe for this season seems to be clients who want individual attention (no automated messages, lots of personal attention) at a low price point while expecting their taxpro to be a 24/7 working machine with no other clients or life.
6
4
53
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
9 months
This right here. Working hours that literally make you stupid and dead is no flex. Unfortunately it's not just the partners' mindsets that need to be fixed. It's the clients they've trained to expect this fuckery.
@cordes_tax
Matthew J. Cordes, EA
9 months
@tailor_hartman โ€œThis generation is weak. Iโ€™ve worked 75+ hour weeks during busy season for 30 years. I gave up all my passions, hobbies, 3 marriages, relationships with my kids, and my mental and physical health, but look at me now! Iโ€™m a partner!โ€
6
1
63
6
5
52
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Seriously. Read the e-mail. Answer the question in the e-mail. Don't ask what else I need when I've already told you. OMG I cannot wait to get this one filed bc she is GONE next filing season.
7
1
51
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Just want to give a #TiaraSquad shout out to #TaxTwitter . Try to let go of what you cannot control (clients). Try to break the habit of caring more than they do. Tax and money problems may be expensive, but are almost always fixable. Nothing is worth your life and your health.
5
1
50
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
4 months
All form formats should be standardized. Just finding the payer's EIN on a W2 is ridiculous.
@stevenfcpa
StevenFCPA
4 months
It baffles me that the AICPA has not, amongst a host of other things, lobbied for standardized reports for 1099's. It seems that everyone and their grandma have come up with their own versions of 1099-INT, 1099-DIV, 1099-B and most of them SUCK ASS.
9
0
55
4
2
50
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
Newsflash for @CNN The IRS isn't the organization that MAKES changes to tax law. That's Congress.
8
6
47
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
8 months
Thanks to everyone who had something nice to say to or about me during a very rough holiday weekend. It wasn't the holiday. It was the two weeks leading up to the holiday. In a bit of a better space now, but maybe taking a breather. 1/2
8
0
49
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
3 years
You can be the boss you wish you had as a young professional or you can be the boss you actually had because "that's the way it's always been." Know better. Do better.
4
3
50
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
I'm staying mostly out of the "big discussion" here not because I don't care and definitely not because I don't have an opinion but more to stop myself from becoming vapor locked to the point I can't work on anything else.
6
0
47
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
#TaxSeason Taxpayers, if you want personal service from a small tax/accounting firm but also do not want to file an extension you need to start wrapping your mind around the fact that those two wants may be mutually exclusive. 1/3
1
5
49
@taxtherapist505
Full Pangloss ๐Ÿฆˆ๐Ÿ’š๐Ÿ’ฃ๐Ÿ’š๐Ÿฆˆ
2 years
New Mexico has lots of problems. September mornings aren't one of them. A refreshing 68 degrees. For those of you who think the weather here is similar to Phoenix it's really more like Denver. HIGH desert.
Tweet media one
5
0
48