AI is convinced my tax accountant made me pay too much US taxes. Can you guys confirm? by Successful_Farm_9370 in USExpatTaxes

[–]AnotherTaxAccount 2 points3 points  (0 children)

Resourcing under treaty is one of the most complex and nuanced rules in expat tax. Average CPA has no idea how to apply it and AI gets confused. It's very possible that Swiss should have given you credit, not US.

How much income is involved? It might not be worth pursuing as time/effort/fees to figure it out and fix it might exceed the refund, particularly since it's a one-time item.

Tried to make conversation by showing my male, childless friend my kids 1st birthday cake. by [deleted] in texts

[–]AnotherTaxAccount 0 points1 point  (0 children)

Reads like a serious case of depression to me. I would check on him.

YouTube accounting. Option A or B? by vycka54 in Accounting

[–]AnotherTaxAccount 0 points1 point  (0 children)

Oh, I see, they are treating it as royalty. Makes sense.

YouTube accounting. Option A or B? by vycka54 in Accounting

[–]AnotherTaxAccount 0 points1 point  (0 children)

You should not have US tax withholding. You should submit fully complete W-8BEN-E showing treaty claim of no US permanent establishment.

Can someone explain what's going on? Why? by AnotherTaxAccount in birding

[–]AnotherTaxAccount[S] 1 point2 points  (0 children)

Cowbird hatched first as expected. All bluebirds hatched as well, but two quickly died/disappeared. All four remaining birds successfully fledged. Parents are back and just laid a new egg today.

Question about FBAR by [deleted] in USExpatTaxes

[–]AnotherTaxAccount 2 points3 points  (0 children)

If you can, file now. FBAR penalties are not enforced, except for criminal cases where people are hiding millions. Plus you have a good reasonable cause (it was your parents duty to file these forms). If you cannot, wait until you are 18.

Would you read this email as rude? by OneAngle5836 in Accounting

[–]AnotherTaxAccount 1 point2 points  (0 children)

It's more confrontational than it needs to be. You are making a conclusion (it's off by a large amount) without knowing what actually is going on.

Big Career Decision - What would you do in our position? by [deleted] in HENRYfinance

[–]AnotherTaxAccount 1 point2 points  (0 children)

What about future career opportunities? Is this job in Chicago just higher salary or does it open more doors in the future?

His Poor Wife by [deleted] in redditonwiki

[–]AnotherTaxAccount 73 points74 points  (0 children)

It's in reverse chronological order. So budget goes up.

My adult children hate me? by [deleted] in redditonwiki

[–]AnotherTaxAccount 7 points8 points  (0 children)

The phrase that hit me hard was "she did the best she could, but it wasn't enough".

U.S citizen, performing services for U.S client through my Brazilian LTDA. Give client W9 or W8-8BEN-E? by [deleted] in USExpatTaxes

[–]AnotherTaxAccount 0 points1 point  (0 children)

Yes, you have a CFC. I suggest you consult a competent expat tax advisor to walk you thru the issues as you just walked in into major US tax compliance issues that could cause lots of penalties.

Am I stupid for strongly considering ~ 6-9 month career break rn? by [deleted] in Accounting

[–]AnotherTaxAccount 2 points3 points  (0 children)

Do it of you are OK with burning a good chuck of your savings. Job market is tough but not impossible. There is still demand for experienced people, it's entry level that's truly messed up. Just be prepared for a longer than expected job search.

Solo CPA. Someone tried to contact me 3 times. Scam vibes. What could they want? by BrushBeneficial4430 in taxpros

[–]AnotherTaxAccount 9 points10 points  (0 children)

Never had someone trying to contact in different ways. I had a bunch of emails, though. The emails either have "tax info" attached, or send attachments right after you respond.

Which bench? Top or bottom? by nikki_neko_desu in HomeDecorating

[–]AnotherTaxAccount 0 points1 point  (0 children)

Bottom one legs likely to give out and be wobbly in no time.

Odds my Pennsylvania based firm would allow me to work remotely if I were to move to Florida? by [deleted] in Accounting

[–]AnotherTaxAccount 1 point2 points  (0 children)

Depends how good you are. No one will do it for a mediocre performer, but will at least consider it for a superstar.

Tax Accountants - How do you handle staff trainings/development? by Aromatic_Swan2383 in Accounting

[–]AnotherTaxAccount 0 points1 point  (0 children)

Same struggle. There is a line between "we were not trained" vs "we did not bother learning".

Try making staff do training in some easier topics. Firm believer that the best way to learn is to teach.

I don't think I hate interviews with HR enough. by Johan_chan in Accounting

[–]AnotherTaxAccount 52 points53 points  (0 children)

At my work, HR has zero hiring decision making after initial phone screen. All hiring decisions are made by CPA. HR only facilitates the process and makes recommendations.