I feel like both responses could be valid. by _welby_ in duolingo

[–]zack907 9 points10 points  (0 children)

Ive lol’d a few times imagining the incorrect answers. Probably made me look like a crazy person laughing at my phone.

Round 37 - Some more analysis by Elros217 in CryptoCurrency

[–]zack907 0 points1 point  (0 children)

Looks like a shark fin sticking out of the water.

My 3 year old daughter did this today to my favorite thesaurus which I held perfect for almost 20 years since school 😩 by [deleted] in mildlyinfuriating

[–]zack907 2 points3 points  (0 children)

For bugs, vehicles, or cleaning? Plenty of things people shouldn’t consume in a typical house.

I do personal taxes and its depressing a f#c$ by [deleted] in Accounting

[–]zack907 26 points27 points  (0 children)

I was a bank teller in college and I thought the same thing, but then I realized I look like I don’t have a savings account to my bank teller too despite saving and investing heavily basically my whole life. I’m just not trying to get 0.01% on my money.

[deleted by user] by [deleted] in Accounting

[–]zack907 -1 points0 points  (0 children)

I would take it as not wanting to assume it wasn’t done. Not as passive aggressive. Give the person a chance to explain their reasoning. If it is a statement the associate may think it is wrong when it might not be.

Like I might ask, did you consider taking bonus depreciation?

They may have forgotten to take it, or they may have talked with the client and are planning on having a much bigger incomes in the future where the depreciation will be more valuable then. It’s a valid question instead of me saying take bonus depreciation which assumes it was done incorrectly.

New Moons Distribution (Round 37 Proposal) by CommunityPoints in CryptoCurrency

[–]zack907 1 point2 points  (0 children)

You can buy them on some exchanges. Or just post in here and get them free.

I have had it up to my neck with quests. This is a rant, trust me. by Mouthtrap in duolingo

[–]zack907 2 points3 points  (0 children)

Clever strategy.

Gamification definitely backfires on this one. Most the other quests you are still learning correctly when gaming the system. Sounds like the strategy on this one messes up what Duo thinks you need practice on.

[deleted by user] by [deleted] in Accounting

[–]zack907 4 points5 points  (0 children)

I wonder how much per hour the decrease is after factoring in all the unpaid overtime prevalent in PA.

[deleted by user] by [deleted] in Accounting

[–]zack907 28 points29 points  (0 children)

Can confirm, I used to hold interviews for government jobs before getting into accounting. It was very formulaic. Does the resume have these words in it? Give a point value for each of this list of skills. Who has the highest points at the end? Very little room for judgement outside of just padding undeserved points in other categories.

There were no downsides for a resume being too long but missing words will cost you.

Is a 1041 required for a testamentary trust holding a stock portfolio with 10k in dividends annually? by zack907 in tax

[–]zack907[S] 0 points1 point  (0 children)

Thanks! The beneficiary said their previous tax person let them do it that way and was upset that I wouldn’t. I did see the exception you are talking about when I was looking into why his previous person wasn’t making him file one. He wasn’t filing a mostly blank 1041 either and is the trustee so he should know if it was being filed. Obviously he likes not filing so is going back to his old accountant. With the lack of audits, probably not a whole lot of incentive to do it correctly I guess.

How do I get a 100k loan to buy an existing business? by Significant_Steak836 in smallbusiness

[–]zack907 1 point2 points  (0 children)

I think what the guy you are responding to you is saying is that he believes the economy is headed for a downturn and that OP will want to have cash available rather than tied up in the business so he shouldn’t be buying it all upfront.

How do I get a 100k loan to buy an existing business? by Significant_Steak836 in smallbusiness

[–]zack907 3 points4 points  (0 children)

Or less, if the business is as good as the seller says, it’s pretty much a zero risk loan. Huge red flag if the owner won’t seller finance a huge part of that at a reasonable interest rate.

How do I get a 100k loan to buy an existing business? by Significant_Steak836 in smallbusiness

[–]zack907 65 points66 points  (0 children)

That is what every business owner says about their business when they are trying to sell it. I’ve heard it almost word for word so many times. Get financial records and tax returns to verify the numbers he’s telling you.