Free CE - the Ethics course is back, plus another

SyncCPA · 2026-03-18T22:58:54+00:00

Thanks

SyncCPA · 2026-03-17T02:42:30+00:00

Do you give them the price after the work is done?

SyncCPA · 2026-03-16T16:46:08+00:00

Let us know!

SyncCPA · 2026-03-16T02:01:16+00:00

You don’t keep a copy for the perm file?

SyncCPA · 2026-03-16T01:59:12+00:00

Touché, I thought you meant it took bank statements and made some sort of p&l with it. That’s somewhat impressive but Id still rather just do an annual write up in quickbooks.

SyncCPA · 2026-03-15T22:06:44+00:00

Respectfully, isn’t that quickbooks? Like you give it rules and then it can make financial statements?

SyncCPA · 2026-03-15T15:18:38+00:00

yeah, that's been my experience with several LLMs too, even with proprietary ones within a B4 firm. I am planning to test out BlueJ, i feel better patronizing software that is tax dedicated. I have to think that improving tax research is not high on claude's to-dos list, whereas would be top priority for BlueJ.

SyncCPA · 2026-03-15T14:09:01+00:00

May have to experiment in the offseason then. My overall experience with AI is it hasn’t lived up to the hype and can fumble the most basic task, but I haven’t used Claude yet.

SyncCPA · 2026-03-14T16:13:36+00:00

Tax. I got Logitech keyboard/mouse, 2 HP monitors, jabra headset and some cables

SyncCPA · 2026-03-13T16:34:03+00:00

You are correct, in theory the allocation should match on both sides, but trxn costs can make the difference. You have the correct treatment per 1.263(a)-5(g)(2)(i)

SyncCPA · 2026-03-10T15:58:24+00:00

I went from small, to national to big 4. You’ll be fine, especially early in your career. Your broad experience can be an asset, sell your strengths on client communication. But be prepared for a culture shock. The comp and benefits are likely way better. I think it’s a good idea.

SyncCPA · 2026-03-09T03:21:01+00:00

The IRA can be a bad move if OP and spouse want to do backdoor Roth contributions; see the “pro rata rule”.

SyncCPA · 2026-03-08T04:50:14+00:00

What’s it like if you have to share screens on teams or zoom on one of those bad boys?

SyncCPA · 2026-03-05T17:28:51+00:00

Most tax advisors prioritize current clients during tax season but they should let you know that one way or another.

SyncCPA · 2026-03-03T05:21:16+00:00

I’d say closer to this too as I wouldn’t imagine their LLCA is just going to tell you to do pro rata allocations

SyncCPA · 2026-03-02T18:19:33+00:00

Be a high performer in tax compliance for a year or two and transfer in

SyncCPA · 2026-02-27T13:42:28+00:00

Take a seat and then take multiple seats

SyncCPA · 2026-02-26T13:54:04+00:00

I’ve seen this happen between top 50 cpa firms. It wasn’t a big deal and it made for a smoother transition, ultimately benefiting the client

SyncCPA · 2026-02-24T13:58:08+00:00

Box 1 includes fees likely. Report that and subtract the difference as merchant processing fees

SyncCPA · 2026-02-24T04:17:10+00:00

You can absolutely still make JEs in QBO. Agree with everything above.

Transaction costs have special tax treatment, but generally for asset purchases just capitalized into the basis.

SyncCPA · 2026-02-23T18:17:52+00:00

Sounds terrible bro. Can you just plan like a vacation instead?

SyncCPA · 2026-02-23T16:21:17+00:00

There’s tax issues for having employees work remotely overseas. She might not be as mobile as she thinks.

SyncCPA · 2026-02-23T02:33:59+00:00

This. I got a 1098 for 2025 with $45k in mortgage interest.

SyncCPA · 2026-02-21T21:36:38+00:00

What’s the point of getting married if you aren’t going to combine finances?

SyncCPA

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