@adamdindy

Husband, dad, son, brother, ✝️, 🚴 , ⛷,High Lifer, coach, 🐻, 🏕, 🥾,CPA and Advisor to dentists and business owners.

Joined September 2012
  • Tweets372
  • Following431
  • Followers133
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Here’s a new mortgage loan processor “CPA letter” request. Please provide written verification client is NOT an owner of LLC. 🤯#taxtwitter
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Sold off 1/3 of our tax work in December, most all of our tax only engagements. Has been a huge relief for our team and yours truly. Heck I have been able to play pickleball 2 nights in a row…in April! definitely not a thing in 2024. #TaxTwitter
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Elly getting dialed in early…🤞🏼for a great @Reds start this season.
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Adam Decker CPA retweeted
JMV
@JMV107029 Nov 2024
Shoutout to Foxgardin. Nice place.
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RECAP | @FCGrizXCTF Men's Cross Country Faces Off with Huge Field at Interregional Invite franklingrizzlies.com/news/2…
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@taxtwitter how? Referred to a biz owner/friend of the family. Their accountant is retiring. Does 1040 prep, 1120s, biweekly payroll, monthly accounting. I check qb file to do fee quote…uh they paid accountant $2200 last year for all of this?!?? How?
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Who are you mentoring and who is mentoring you? #taxtwitter
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Adam Decker CPA retweeted
Jason Staats⚡
@jasononfirms20 Apr 2024
I awarded this one tool of the year last year Seriously if you're using QBO there's no reason for your entire team to not to be using at least the free version of RightTool 👇
Brenda Cannon, CPA
@bsuecannon19 Apr 2024
RightTool and your journal entry Excel import and your check register Excel import, you make the world a better place. You've saved me about 10,000 hours this year. QBO users, if you aren't using RightTool, just get it.
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#TaxTwitter been a tough tax filing season but @IRStaxpros made my day…they picked up on first ring!! I didn’t even have my docs up and ready on screen. And they got our problem solved. KUDoS!!
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We filed extensions for 100% of PTEs 2/1. Just filed 10 more today…new entities discovered from current clients and one client bringing 4 new to us from another that failed to tell them about PTET last year and we did on the one entity we handled for them. #TaxTwitter
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#TaxTwitter these new small business retirement plan credits are not insignificant…and I continue to find new layers…✅learned this week can take credits on plans in place before 2023✅learned the formula is taxpayer friendly in that even in year 5 can get $5k/ee
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Corrections…$1k/ee in year 5….and this is all specific to contribution credit
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Got a nice mental health 24 miles in on the bike today with a great friend . Somehow we got behind on our PTEs so I’ve been playing catch up. Ahead on 1040s though! #TaxTwitter
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Am I the only one that just despises taking over a new client that records their credit card charges when they pay the card, dated on the payment date, rather than recording charges by vendor as incurred? Extra frowns when inherited from a prior BK firm. #TaxTwitter
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Back from skiing, what did I miss? Mid-season break so refreshing, now ready to ROLL! Our biz return to prep pile is at about 80% in the door. #TaxTwitter
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Tomorrow…so looking forward to bringing on our new client service manager. Much needed…need a copy of financials, tax returns, question about portal? Got you taken care of! Whole team is pumped! #TaxTwitter
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#Taxtwitter what would U do? New client. 2 owner s-corp. owner 1 was bought out Feb’23. 1.1368-1(g) elect in sale. In past they allocated profit via EOY bonus to get to 50/50 profit. Did not do that end of short period. Seller’s “share” of profit in 2 mos $0. 1/2
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2/2. Remaining s/h “share” was $100k. Cash basis for tax. Would u a) hard cutoff 2/28, too bad for seller? B) pull some expenses into short period to get seller to his “share”?
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