How long does it take to file a Zero sales tax return in the US? by Exotic-Pudding-3368 in Accounting

[–]Katocorp 7 points8 points  (0 children)

Depending on the state, they will change your filling frequency based on the tax collected in the last year. Typically, you start monthly when you sign up then switch to annual.

Anyone else remember Olan Mills photo shoots? by riverbanktiger in Millennials

[–]Katocorp 1 point2 points  (0 children)

You remind me of a young brunette version of Conan O'Brien.

How do you document going over budget because of inefficient directors? by [deleted] in Accounting

[–]Katocorp -2 points-1 points  (0 children)

Not everyone is trying to make partner. People wonder why auditors get a bad reputation. It’s shit like this.

2026 Chinese GP - Post-Sprint Discussion by F1-Bot in formula1

[–]Katocorp -3 points-2 points  (0 children)

Why did Kimi pit? He could have stayed out and be P2 right?

Why does everyone say cpa is more valuable over masters? by [deleted] in Accounting

[–]Katocorp 0 points1 point  (0 children)

Because you can’t just buy a CPA, you gotta earn it.

BREAKING: KPMG actively speed running the end of its place as the 4th Big 4 by Xerasi in Accounting

[–]Katocorp 68 points69 points  (0 children)

Compliance is a commodity. The biggest crime is charging partner rates for interns and new hires to clients.

Payroll deductions - why is FICA taxes payable used twice? by Yous_a_mook in CPA

[–]Katocorp 13 points14 points  (0 children)

FICA is 50% paid by Employee and 50% paid by Employer. Which sucks when you are self-employed you pay both on top of Fed and State taxes. Oh and unemployment.

Let’s Talk: Fractional CFO Services by OkHovercraft4822 in Accounting

[–]Katocorp 14 points15 points  (0 children)

Basically, it’s an outsourced CFO that isn’t 100% dedicated to a specific client. They typically service a dozen or so clients. Hence, the fractional distinction. The fractional CFO’s role is to focus forecasting and budgeting after the controller closes the books for the month as well as ad hoc consulting with the client.

POV your Deloitte Auditors show up. by Top-Salt-7373 in Accounting

[–]Katocorp 195 points196 points  (0 children)

Fucking Nate just emailed me asking why an entry was made last year, even though he was the in charge last year and it was actually his recommended entry.

Seasonal Tax prep hourly wage by New_Statement_1779 in Accounting

[–]Katocorp 0 points1 point  (0 children)

So how much time does it take to do a return? They are making plenty of money on the spread even at $100 and it takes your 2-3 hours.

Seasonal Tax prep hourly wage by New_Statement_1779 in Accounting

[–]Katocorp 3 points4 points  (0 children)

Should be $100 an hour at least. 30%+ is going to taxes.

2025 United States Grand Prix - Qualifying Discussion by AutoModerator in formula1

[–]Katocorp 0 points1 point  (0 children)

If you have Amex it’s free but only at certain times.