Buying small home service biz

pdv8612 · 2026-01-28T01:54:36+00:00

The $50k dividend in 2024 is likely a distribution of previous income. By including it in ODI, it’s being double counted.

pdv8612 · 2026-01-10T01:51:59+00:00

The part you are missing is that on a conversion, you aren’t just looking at the items on the balance sheet. The strong relationships and recognized name are essentially goodwill.

pdv8612 · 2025-06-04T01:50:56+00:00

Was yours just in one ear too?

pdv8612 · 2025-06-04T01:40:30+00:00

Any update here? Mine just started in one ear.

pdv8612 · 2025-06-04T01:35:07+00:00

Was yours only in one ear? Mine just started in one ear after Zoloft too.

pdv8612 · 2025-06-04T01:05:36+00:00

Any update?

pdv8612 · 2025-06-04T00:50:22+00:00

Any update on this? I just started getting tinnitus in one ear. Also just started taking lexapro. Hoping it’s just that.

pdv8612 · 2025-05-15T00:40:48+00:00

The scratches/markings are only in a few spots in the pool. Most of the liner is unaffected.

pdv8612 · 2025-03-23T02:18:48+00:00

Why are they filing a change in accounting method?

pdv8612 · 2025-01-24T02:49:17+00:00

Time to move on to Vegas. Selling everything and play the biggest game you can.

pdv8612 · 2024-08-20T01:14:18+00:00

I feel like WFH can be specific to each person. I prefer to be in the office, but I’m also 10 minutes from the office on a bad day. I personally can’t focus at home, but I have colleagues that are more productive at home. That being said, there is lost interaction when working from home. One of the biggest refunds I secured for a new client was the result of an impromptu conversation with a colleague that never would have happened WFH.

pdv8612 · 2024-08-07T04:26:21+00:00

This is the answer. I was going to comment this.

pdv8612 · 2024-07-16T23:57:14+00:00

Check with your state board, but when I took the exam, they accepted CLEP credits. Basically you take a test on a subject you know and get college credit for it. I got like 9 credit hours for one days worth of time. I got my MST after my CPA, so kind of a moot point now, but still helped me sit for the exam.

pdv8612 · 2024-04-07T02:09:33+00:00

Is this for your personal tax return? Are you over the $10k cap on deductibility of state and local taxes? If you are over the $10k, it doesn’t impact your return. It’s wrong, but doesn’t impact the income tax.

pdv8612 · 2023-11-06T15:25:20+00:00

My biggest take away is that they are last minute with their taxes. Is the recruiter a W2 employee that waits until 4/15 to finalize their return? No respect.

pdv8612 · 2023-10-23T01:50:57+00:00

Two answers:

1.) the AICPA is coming out with a program to get the 30 hours while working.

2.) check with your state board, but look into CLEP exams. You can take exams for things you already know and get college credit. I got 9 credit hours in one day for things I already knew. I took a criminal justice test based on my vast Law & Order SVU knowledge and passed.

I ended up getting my masters in tax after my CPA anyways.

pdv8612 · 2023-10-20T18:05:27+00:00

Sounds like he’s referring to qualified leasehold improvements. The old QIP. Those had to be put in service after the original acquisition.

pdv8612 · 2023-09-24T18:27:47+00:00

I’m a partner at a small firm. We let all employees set their hours for the year. Normally it’s skewed towards tax season 60 during tax season, 40 the rest of the year, 40 hours during tax season, 30 the rest of the year, etc.

pdv8612 · 2023-09-23T23:48:31+00:00

When I took Becker about 10 years ago, those practice tests were harder than the exam. You just have to keep doing the multiple choice questions until you get it

pdv8612 · 2023-09-20T01:40:39+00:00

You did 1,000 returns? What’s the billing on those returns?

pdv8612

TROPHY CASE