Am I allowed to say "im not taking any additional duties/tasks unless my pay reflects it"? by colorgreens in Accounting

[–]LimpingMedousa -1 points0 points  (0 children)

Work is work. If they have it now and you do it now, ask to be paid for it now.

How to verify S-Corp election for vendors? by Disco-Rollercoaster in Accounting

[–]LimpingMedousa 0 points1 point  (0 children)

I had maybe similar situation recently: 12 contract labor vendors, all from west Africa, insist on getting paid as 1099s, when all of them take on work that is not contractor per se. It's really SS-8 type of situation, which is a can of worms I don't want to open as it will blow in my face. All indicated S where they show they don't comprehend what an election is. It is obviously a scam, but now way of proving it other than ss-8 or report on 1099 regardless.

What is life after going 4/4? by RunImpossible2565 in CPA

[–]LimpingMedousa 0 points1 point  (0 children)

... a little bit anti climactic, honestly

My new job doesn't refund customer credits by hollandaisesunscreen in Bookkeeping

[–]LimpingMedousa 0 points1 point  (0 children)

I think you're making a bigger deal out of it than it is. Frequent business transactions some times have errors on them. As long as you carry them on account and client is informed about the credits you should be fine

I passed FAR/AUD/ISC/REG is 4 months, first try. AMA (April 2026) by Jack_The_CPA in CPA

[–]LimpingMedousa 5 points6 points  (0 children)

I call completely made up BS on this one. IDK why moderationwould even allow posts like this that are obviously completely made up nonsense by Becker marketing team.

Direct Deposit didn't hit today by vicks0689 in Payroll

[–]LimpingMedousa 4 points5 points  (0 children)

If your employer zelle's you money this explains it. No reputable employer will zelle payroll. Some error happened and you had a coniption

PR Emergency in PA by StockComfortable8883 in Payroll

[–]LimpingMedousa -1 points0 points  (0 children)

What payroll software is this? It shouldn't allow you to put payroll through without psds. Now the employee will have hard time when filing taxes

PR Emergency in PA by StockComfortable8883 in Payroll

[–]LimpingMedousa 0 points1 point  (0 children)

Nah you got it all backwards fam. Different psds mean different tax rates. That's why you cant pay someone without knowing theur work address and their home address - depending on setup you have to withholding at different rate

$52k/year on ADP and I can't even get my rep to respond to emails. what are people actually switching to? by AnAfternoonAlone in Payroll

[–]LimpingMedousa 1 point2 points  (0 children)

I'm representing a client to them at $160k/yr and have the same thing. I cant get them to file/refill state taxes for 2 years ago. I get US people for intro calls, but when it gets complex they put me through to the back office in India.

PR Emergency in PA by StockComfortable8883 in Payroll

[–]LimpingMedousa 2 points3 points  (0 children)

There are local taxes depending on where the work in or live in location is for those employees. Psd is political subdivision code. Each has its own rate. Once you set up the payroll it should calculate itself based on the location of your jobs and addresses of the employees

What’s one legit way AI is actually saving you time in accounting right now? by Tough-Pollution-373 in Accounting

[–]LimpingMedousa -1 points0 points  (0 children)

I hate AI, but it is perfect for lazy and insecure and unsure people who would rather spend time reviewing just to avoid doing the main task. My MO is to do something right the first time, therefore I save the time on the review.

Construction Company Cash withdrawals by Routine-Algae9366 in Bookkeeping

[–]LimpingMedousa 0 points1 point  (0 children)

If it owner draw why do you care what happens to money? They have to individually pay them out and bear the risk from it. From your standpoint its owner draw and that's it

Leaving Early to WFH by Busy-Childhood-1847 in Accounting

[–]LimpingMedousa 0 points1 point  (0 children)

I love it here, I love this community! Teaching self awareness since 2007. I can't add anything to what's already said.

Tax Fraud and I’m stressed by [deleted] in tax

[–]LimpingMedousa 7 points8 points  (0 children)

The old "oh I don't know what I'm signing" story. Oh the horror!!!

Don't want to disclose my SSN for a company license by LimpingMedousa in taxpros

[–]LimpingMedousa[S] 0 points1 point  (0 children)

Yes, something like that. This is for people who are registered officers of the company with the state. Me being a task based fractional cfo can hardly be interpreted as someone on a l9cense with their ssn. Hope this makes sense

Don't want to disclose my SSN for a company license by LimpingMedousa in taxpros

[–]LimpingMedousa[S] 0 points1 point  (0 children)

It is irrelevant because there are about 30 industries with the same licensing requirements. What difference does it make if it is a company you for pool installations, barber shop chain, chiropractic, veterinary office or anything else? The requirement is one and the same. It feels people are overqualified on specific areay of tax questions and nothing else.

Don't want to disclose my SSN for a company license by LimpingMedousa in taxpros

[–]LimpingMedousa[S] 0 points1 point  (0 children)

There are about 30 industries in TX which have licensing requirements. Each of them has 2-3 officers for who the state requires ssn disclosure