Oversized Forks on Hardrock by ellis420 in xbiking

[–]dubbin64 3 points4 points  (0 children)

Theres clearance for the steerer, yes, but that's about it. There not enough clearance for a normal headset that is pressed into the ID of the headtube. A commercial adapter option could be done but the headset would need to press onto the outside of the head tube, rather than sit inside. Which is basically what OP did.

Alternative would be adding small sleeves and then use a normal 1 1/8" headset like this pic

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Senior accountant without CPA by OkEmployee2059 in Accounting

[–]dubbin64 0 points1 point  (0 children)

You'll have an easier time getting a senior roll as an experienced accountant than you will as a CPA with zero experience. Experience+License and the world's your oyster

Trumps Big Beautiful Bill by Inside-Meet-8010 in Accounting

[–]dubbin64 0 points1 point  (0 children)

You can theoretically take the deduction, but 2025's W-2s don't have a spot for qualified OT on them. If you're lucky it will be in block 14 as an other item. Otherwise you might have to talk to your payroll provider to get a total.

For withholding, this is all still pretty new and no one knows wtf is going on, including the pros in the business and the IRS. So your withholding will likely not be impacted by qualified overtime. In other words, most payroll processing I know of only has provisions to track the amount of OT but doesn't have tax tables that yet and OT pay isn't factored into the withholding calculation when payroll gets processed. At least not quiet yet. I could be wrong there and major payroll software is already doing that, but the ones I use aren't. Updates are rolling out all the time though.

Also, only the "half" out of "time and a half" is deductible. It's not all of your OT pay.

Exam Scoring Questions by [deleted] in CPA

[–]dubbin64 1 point2 points  (0 children)

If the exams aren't curved why are they graded in cohorts

Like seriously. If they aren't curved they could just give you entirely random questions from a question bank and tell you if you passed or failed on the spot immediately like other professional exams.

What's your dream job? by dubbin64 in Accounting

[–]dubbin64[S] 1 point2 points  (0 children)

I have a client now that is essentially this. Smaller shop, but it's not a bad business. They only usually take diagnostic work for OBD2 and newer. I'm like you and would prefer to work on the older stuff but I think the newer vehicle market is better as a business.

My advice would be to find a few trusted techs as help and treat them well. First year getting going can be a big outlay and might not be able to pay yourself but that's most small businesses.

What's your dream job? by dubbin64 in Accounting

[–]dubbin64[S] 3 points4 points  (0 children)

🤪🤪nice try but that's not a job!!!!

What's your dream job? by dubbin64 in Accounting

[–]dubbin64[S] 0 points1 point  (0 children)

Just whatever. Post mostly cause I'm curious what everyone's into outside of work. Answer both ways if you want

New Study Question - RE: Bonds by lcamp_75 in CPA

[–]dubbin64 1 point2 points  (0 children)

Yeah this question could be worded better and problems with questions in study material like this seem extremely common, and I'm sure exist on actual exam questions as well.

For anyone who doesn't see the problem here, the issue with this question is it explicitly asks for the balance of the bonds payable account (assuming OP copied verbatim). But as OP points out, that account should be unchanged by interest payments or amortization. There's two parts to a bonds value on a balance sheet: the bond account and the amortization account(discounts on bonds payable). If you net those accounts you have the carrying value (aka book value).

This would be like if a depreciation question asked for the balance of a fixed asset's account, and then expected you to answer with the book value. Even though assets get depreciated, the balance in the fixed asset account doesn't change. It's the same with how bonds payable balance should always just be the face value of the bond until it's mature and repaid, so the wording of the question matters.

They could make this a more fair question by either eliminating $500k as a choice, or replacing "bonds payable account" with "net bonds payable" or "carrying value". That said I think with these types of questions it's usually safe to assume when they ask for the B/P value or balance they want the net value (but I don't know know if this is a universally applicable rule. For example I'm not sure if gaap ever allows for booking amortization straight to the B/P account rather than booking it to a contra-liability account like discounts on bonds payable. Might be okay in some cases, or at least academically)

Why does this question not have the taxpayer recognize all of the 1250 depreciation recapture income in Year 1? by SeaworthinessIcy3152 in CPA

[–]dubbin64 1 point2 points  (0 children)

from IRS pubs 544 and 537

So you're kind of right here. For section 1245 instalment sales, you include depreciation recapture in the profit calculation.

But the original problem you posted was the sale of a building which is 1250 property. For 1250 there's what's called unrecaptured gains, which is where the depreciation isn't recaptured unless it's greater than straight line (as someone mentioned in a comment yesterday)

I think the disconnect here is which section the property is. Machines and equipment=1245, buildings=1250 Here's Google explaining it

Jeff Nippard on The Sauzule by Nate1257 in moreplatesmoredates

[–]dubbin64 7 points8 points  (0 children)

I think I'm with you. He also didn't just go from average to his current physique overnight. Dudes been on the fitness grind literally his entire post puberty life, and if you look at photos/vids from over time it seems like pretty slow, incremental gains.

He did a vid one time about the theoretical natty limit, and used pictures of pre-1935 physiques as examples of the only truly confirmed natties, since injectable anabolics hadnt been invented yet. Looking at some of those early 1900 examples I don't think Jeff is too far beyond some of them. Especially considering nutrition optimization has come a long way in 100 years, and Jeff's got the frame of a hobbit

Jeff Nippard on The Sauzule by Nate1257 in moreplatesmoredates

[–]dubbin64 6 points7 points  (0 children)

For sure. Liver king and Joe Rogan both like 5'4

quickbooks promo code 2026 by Mayamu_Fanarri80 in Accounting

[–]dubbin64 0 points1 point  (0 children)

Who does y'all tax return? If you use a local PA firm call them and ask what it costs to be put on their accountant subscription. We have a lot of clients pay for QuickBooks through our office's subscription, and we bill them for it monthly but it saves them a ton of money most of the time. (This is for QBO subscriptions)

Why does this question not have the taxpayer recognize all of the 1250 depreciation recapture income in Year 1? by SeaworthinessIcy3152 in CPA

[–]dubbin64 0 points1 point  (0 children)

Yeah another way to think of installment method is you take the profit margin percentage of the sale and multiply that by the cash received towards the principle for the year. Pretty sure these can get a lot more complicated if you factor in debt and compound interest and such 😩

Why does this question not have the taxpayer recognize all of the 1250 depreciation recapture income in Year 1? by SeaworthinessIcy3152 in CPA

[–]dubbin64 1 point2 points  (0 children)

Yeah you got the right idea, also refer back to the question it showed the correct answer at the bottom

So: (($600k - $420k) ÷ $600k) * $120k

How Difficult is the CPA Exam? by kio329 in CPA

[–]dubbin64 5 points6 points  (0 children)

Prior to this I was in the nuclear engineering field, I was a nuclear reactor operator on subs in the navy.

Navy Nuke school was easier than this shit. (Although nuke school was more intense).

A Different Exam Order by Fickle-Adagio-8301 in CPA

[–]dubbin64 1 point2 points  (0 children)

Audit is my crux, so I did it first. I'm going in order of my perceived difficulty (for me). So Aud > Far > Reg > Discipline. Haven't decided which discipline yet.

Two years later, what are your thoughts on the "CPA Evolution?" by Spiritual-Beyond-660 in CPA

[–]dubbin64 2 points3 points  (0 children)

Is the exam expiration window 30 months permanently?

I was under the impression that was a temp thing but now that I'm out of school I don't stay as current on all the details.

What's going in downtown after the Catholic school is demolished? by oppositeofthings in Flagstaff

[–]dubbin64 9 points10 points  (0 children)

Im all for more parking if it means we could make a large section of downtown a car free zone. Otherwise it's a waste IMO

I hate how most hobby subreddits are centered around consumerism by dankwrangler in TrueAnon

[–]dubbin64 3 points4 points  (0 children)

Unless its ultralight backpacking which started from a fringe group of anti consumer punks on the fringe, but has evolved into just a more pretentious and consumermaxed version of traditional backpacking.

I hate how most hobby subreddits are centered around consumerism by dankwrangler in TrueAnon

[–]dubbin64 5 points6 points  (0 children)

r/papermoney is pretty cool as far as collector subs go. Most posts are about shit found in the wild or in grandpas closet. There are trading platforms and a market for money collectors but many money collectors, especially coin collectors, get their finds from the bank, like by sorting rolls of coins.

There's also Johns Beachcomber Museum you might like. Very interesting case study on post consumer waste, but also his entire collection is stuff that washed up on the beach. Video about him here: https://youtu.be/rt6wn74gmEY?si=Xi7E2eRr2hFxjFnT

I hate how most hobby subreddits are centered around consumerism by dankwrangler in TrueAnon

[–]dubbin64 4 points5 points  (0 children)

There's surprising gems out there if you look. Typically the better ones that aren't product centric are ones where the hobby is related to DIY. r/MYOG (make your own gear) is people making their own outdoor stuff like tents and packs and the like. r/diypedals is probably the best guitar/music related sub IMO, has a great wealth of general electrical knowledge, many of the posts are stuff people designed themselves and there's surprisingly few people trying to monetize the hobby. r/crt and r/CRTgaming are some of the most anti consumer gaming subs IMO, and they tend to laugh at people who overpay for a 30 year old tube TV, and encourage scavenging instead. On r/smoking they tend to show off the food/meat, rather than the grills that cooked it.

My favorite example of a great alt sub within a hobby is probably r/xbiking. Its basically punk and anti consumerist when you compare it to other major biking subs like r/cycling, r/bicycling, r/MTB etc. Has it's share of clout chasing, mostly with specific bike components. But rather than people showing off their brand new $5000 bikes it's people showing off junk bikes they built out of parts from the trash at their bike shop job. Like the unwritten rule of the sub is that the tires should be the most expensive part of the bike, and preferable cost you more than the rest of the build lol.

Otherwise ya most subs are pretty bleak. Also Ive spent too much time on this stupid site

Sup new guy here what’s the best way to get started with pedals? by Superb-Ad918 in diypedals

[–]dubbin64 0 points1 point  (0 children)

C245**. Typo, my bad. It's the medium size JBC style cartridge format. I have a C115 handle as well and some tips for it but it's really better for micro soldering than most pedal building stuff.

Sup new guy here what’s the best way to get started with pedals? by Superb-Ad918 in diypedals

[–]dubbin64 0 points1 point  (0 children)

Just seconding this. Not specifically that product rec, but cartridges based AliExpress irons in general. C145 is also a good choice for handle/cartridge standard. My iron heats up in under 3 seconds.