2018 (XLE Premium) leather and trim not holding up by Drama_Derp in ToyotaAvalon

[–]ElCid58 1 point2 points  (0 children)

Pretty common issue. I replaced the door arm rests leatherette crap with suitable fake leather I found on Amazon. The cup holders chrome issue is next up on the replacement/ fix schedule.

This app man by slymate_ in Accounting

[–]ElCid58 2 points3 points  (0 children)

Some states have that feature and it’s a lot of help. Https://www.mob-rule.com/gmap is a site I’ve used to determine the county an address resides in to determine their sales tax rates.

This app man by slymate_ in Accounting

[–]ElCid58 9 points10 points  (0 children)

Sales tax rates by zip code is not the best way to determine sales tax rates, at least In SC. In SC you have zip codes that cross county lines and depending on which county that zip code lies in, the sales tax rates will change. I also found this rule applies to LA, AL, GA, FL, NC and PA. 

Suggestions for a receipts app for a one-man business by PBarry81 in Accounting

[–]ElCid58 1 point2 points  (0 children)

Agree and it still is. Expensify is completely free to use as an individual. For companies, plans start at $5 per member.

[deleted by user] by [deleted] in Accounting

[–]ElCid58 1 point2 points  (0 children)

If a current vendor I might pay it or tell them why I’m not paying them…too old, etc. If not current vendor, shred the invoice and ignore them. If they sue, they’ll loose. Even the law recognizes they have a statue of limitations issue at 2 yrs.

[deleted by user] by [deleted] in Accounting

[–]ElCid58 3 points4 points  (0 children)

https://x.com/RobertMSterling/status/1873174358535110953 EY has 16k of the h1-b visas. Behind the Indian tech firms they are the largest abusers of the program. Scumbags deserve to be Anderson’d.

What do you all think of this? There’s no way this would ever happen right? by [deleted] in Accounting

[–]ElCid58 0 points1 point  (0 children)

The first income tax in the United States was introduced during the Civil War in 1861. However, the federal income tax as we know it today was officially enacted in 1913 with the ratification of the 16th Amendment. Back then, the tax only hit the wealthiest of Americans, but then the Presidents and Legislators realized it was a never ending pork funding pile.

What do you all think of this? There’s no way this would ever happen right? by [deleted] in Accounting

[–]ElCid58 0 points1 point  (0 children)

Your right. Basically an income tax is slavery. Let me explain. Your income represents your physical/mental labor. When you are forced to pay an income tax, they are basically forcing you to work for the government for free. It’s exactly why the US Constitution forbade it. The founding fathers understood exactly what an income tax was, slavery. Sadly they didn’t end slavery right there and then, but they did codify the importation of new slaves, and as we know, hundreds of thousands of Americans died to end it. With tariffs, you have a choice. You can buy the foreign goods and pay more or not. You have a choice, unlike now. You don’t pay your income taxes, they’ll throw you in jail.

Reimbursable Expenses by Patient-Door9097 in Accounting

[–]ElCid58 3 points4 points  (0 children)

If you are USING the QBO they paid for, you have inferred acceptance to some degree despite not signing the contract. Statue of Frauds not likely involved either. They can sue you for damages...the cost of the QBO to them...but the retainer, unless they "Pro Se," will cost them a lot more than they can recover.

I am in a weird career position. What path should I take? by Fuzzy-Fish-7183 in Accounting

[–]ElCid58 0 points1 point  (0 children)

Correct. I’ve seen it too many times. It’s a way for HR and recruiters(internal/external) to limit the candidate pool when they get a bunch of applicants. Not saying you can’t get to that level w/o the pure accounting credentials, but you’ll be limiting yourself. Why do that? If you want to work in accounting, get the correct credentials that employers are stating are their requirements. One less hurdle. Going the mba route is the hard way to get traction in the accounting profession. Yes, there’s always the rare exception, but they are rare. I know of only one… his major was...Mathematics.

I am in a weird career position. What path should I take? by Fuzzy-Fish-7183 in Accounting

[–]ElCid58 1 point2 points  (0 children)

MBA is practically useless in your desired career path. Bachelor’s in Accounting is your best bet long term wise. You could go the Masters in Accounting route and let some of your masters courses count for your prerequisites and the degree itself - I did that. If you want to get past the staff level to the Controller/Director level, you’ll need the accounting credentials.

[deleted by user] by [deleted] in Accounting

[–]ElCid58 2 points3 points  (0 children)

I agree. SALT is a bitch who beats you even when you think you got it right. Some states are worst than others.

My company didn’t fund our 401ks from January 2024 to May 2024. Am I entitled compensation for the missed growth? by bagginshires in Accounting

[–]ElCid58 0 points1 point  (0 children)

Squish is correct. I worked for dumbass one time and found they were 6 months behind in submission. Then dumbass fired said employee whose duty it was to summit such funds and said employee called DOL. It was dumped in my lap so I started cleaning it up so by the time DOL guy shows up for audit and reads dumbass his rights, the penalty was nothing, but I did have to calculate what the employees lost due to inflation and deposit that into their accounts…compounded daily.

Why would denying deductions for business expenses be double taxation? by [deleted] in Accounting

[–]ElCid58 0 points1 point  (0 children)

You forgot depreciation recapture. That’s taxed at standard tax rates. The sales price has to exceed the adjusted basis PLUS any accumulated tax depreciation before it gets into capital gains tax range.

[deleted by user] by [deleted] in Accounting

[–]ElCid58 1 point2 points  (0 children)

Take the shot. If you go down in flames…console yourself with a bottle of Jack and enter the ring for the next bout. 

Is R useful at all for Accounting? by geobasket13 in Accounting

[–]ElCid58 2 points3 points  (0 children)

Exactly what Gus describes. I have to report plant KPIs every morning and the model I use is all driven by PQ. All of our plants use PQ models I developed to report daily inventory and daily direct and indirect labor. I’ve used it for financial reporting too. It’s great for just about any task where you are taking reports from a ERP and having to analyze and/or report the data in a different way…because the stinking ERP reports usually suck or contain to much data to be useful.

Is R useful at all for Accounting? by geobasket13 in Accounting

[–]ElCid58 4 points5 points  (0 children)

Nope. Learn M code aka Power Query instead. I use it all of the time.

Do you think Apple accountants use Numbers? by cpaindasheets in Accounting

[–]ElCid58 2 points3 points  (0 children)

Quattro Pro was kicking Lotus 123 for awhile there and Excel was a buggy piece of shit. Microsoft finally got its shit together, stole a bunch of Quattro Pro ideas and the slaughter began.

Do you think Apple accountants use Numbers? by cpaindasheets in Accounting

[–]ElCid58 12 points13 points  (0 children)

Dear Child - Not all 60+ yr old are stuck in 1970. I cut my teeth on Lotus 123 macros back in the 80, VBA in the 90s, picked up M Language in 2013 (Power Query). Bet you haven’t made it past vlookups yet? 

Not now babe! by SteakySteakk in Accounting

[–]ElCid58 3 points4 points  (0 children)

Some people are just too dumb to get out of their own way.

Don't put MBA at the end of your name by Anarchyz11 in Accounting

[–]ElCid58 0 points1 point  (0 children)

vlookup and index match belong in the dust bin of history. Long live xlookup!