Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Neymar Barca on May 26, 2015, 05:11:52 PM
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
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Go eat a bag of shit.
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
Stop being so fucking nosey !!!!!!!!!!!!!!!!!!!!!1111111111
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
Payments in cash or cashiers check are unlikely to be reported. Most of them used to use Paypal because they didn't report anything and they were not a bank. Nowadays its back to Western Union
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Go eat a bag of shit.
x2
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x2
X3
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
People that don't report earnings are stupid. You don't fuck with the IRS.
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People that don't report earnings are stupid. You don't fuck with the IRS.
If its in cash, its very hard to approve. Simply don't deposit more than 10k at a time although you could set yourself for asset seizures
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Most getbiggers do not bother with deposits under $10,000 or debts under $600.
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If its in cash, its very hard to approve. Simply don't deposit more than 10k at a time although you could set yourself for asset seizures
You have evidently never been a target of the IRS... I can assure you that they have absolutely no problem "proving" anything... They can seize all bank records with no problem in an audit. The "anything under 10K is safe" is an actual joke in financial circles...
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If its in cash, its very hard to approve. Simply don't deposit more than 10k at a time although you could set yourself for asset seizures
1.) The auto report to the IRS isn't 10k anymore. It has been lowered for years now.
2.) the IRS WILL compare expenses to earnings.
You own a business right? Any CPA or real business owner will tell you not to fuck with the IRS. You keep playing that game Melvin. Let us know went the IRS audits you, so we can laugh and publicity shame you.
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
You make a good point about them getting credit while under claiming their income. Thing is, creditors would not report a person's income unless they were asked to do so by the IRS.
Lot's of folks who are self-employed under claim their incomes to avoid paying higher taxes. The way they might get caught is when they claim the interest on a huge mortgage and the high property tax on an expensive home. When expenses and income don't jive, the IRS gets suspicious and then you're in deep trouble. Tax fraud can get you prison time.
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2.) the IRS WILL compare expenses to earnings.
You own a business right? Any CPA or real business owner will tell you not to fuck with the IRS. You keep playing that game Melvin. Let us know went the IRS audits you, so we can laugh and publicity shame you.
Melvin did give the impression he under claims his income to the IRS. Anyone who does this is a fool.
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
Suck my balls.
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1.) The auto report to the IRS isn't 10k anymore. It has been lowered for years now.
2.) the IRS WILL compare expenses to earnings.
You own a business right? Any CPA or real business owner will tell you not to fuck with the IRS. You keep playing that game Melvin. Let us know went the IRS audits you, so we can laugh and publicity shame you.
Fuck that I won't laugh - lol... Those cocksuckers will surely figure out who is laughing and come turn my world upside down AGAIN.. seriously - never again is too soon...
Melvin - seriously man.. I am not just being an ass.. If your CPA is telling you cash is safe please at least talk to another. Do NOT bargain hunt with your CPA or when hiring a staff accountant. They are worth the money
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1.) The auto report to the IRS isn't 10k anymore. It has been lowered for years now.
2.) the IRS WILL compare expenses to earnings.
You own a business right? Any CPA or real business owner will tell you not to fuck with the IRS. You keep playing that game Melvin. Let us know went the IRS audits you, so we can laugh and publicity shame you.
The majority of my payments are credit card and Paypal so I really can't play that game with the IRS. I also report all of my revenue from my businesses outside the US
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You make a good point about them getting credit while under claiming their income. Thing is, creditors would not report a person's income unless they were asked to do so by the IRS.
Lot's of folks who are self-employed under claim their incomes to avoid paying higher taxes. The way they might get caught is when they claim the interest on a huge mortgage and the high property tax on an expensive home. When expenses and income don't jive, the IRS gets suspicious and then you're in deep trouble. Tax fraud can get you prison time.
Actually on every mortgage now there is a 4506T pulled and if it doesn't match returns or the income that the borrower states - its supposed to be reported. People dont realize - deductions absolutely reduce your income when getting a mortgage.. For instance. If a borrower is a W2 employee earning 150,000 / year - but claims a 75,000 deduction on a side business... Income used for the loan is only 75,000... And there is no way to hide it because as I said the 4506T will show deductions that were claimed to the IRS..
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Melvin did give the impression he under claims his income to the IRS. Anyone who does this is a fool.
Yes sir you are dead on balls right - just asking for trouble
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The majority of my payments are credit card and Paypal so I really can't play that game with the IRS. I also report all of my revenue from my businesses outside the US
https://www.paypal.com/us/webapps/helpcenter/helphub/article/?solutionId=FAQ729
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1.) The auto report to the IRS isn't 10k anymore. It has been lowered for years now.
2.) the IRS WILL compare expenses to earnings.
You own a business right? Any CPA or real business owner will tell you not to fuck with the IRS. You keep playing that game Melvin.Let us know went the IRS audits you, so we can laugh and publicity shame you.
Will the irs really Persue melvin over not declaring his $33.76 monthly income?
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Actually on every mortgage now there is a 4506T pulled and if it doesn't match returns or the income that the borrower states - its supposed to be reported. People dont realize - deductions absolutely reduce your income when getting a mortgage.. For instance. If a borrower is a W2 employee earning 150,000 / year - but claims a 75,000 deduction on a side business... Income used for the loan is only 75,000... And there is no way to hide it because as I said the 4506T will show deductions that were claimed to the IRS..
Like I said, it is a very bad idea to mess with the IRS.
I am not in a position to hide my income or my assets. Therefore I pay what is due. Not that I enjoy it.
My stepdad was a business owner. He only reported a portion of what he actually earned. This was a long time ago. He still ended up screwing himself, when he was no longer able to work and had to rely on SSI to make ends meet, his SSI award was not much since it's based on reported income and paid SSI taxes. Not that anyone can actually survive on SSI anyway.
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Op an undercover for the IRS
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The majority of my payments are credit card and Paypal so I really can't play that game with the IRS. I also report all of my revenue from my businesses outside the US
Haha, just shut up already. Go to bed, you're on the 3am to 3pm shift.
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Yes, they pay taxes. If you claim $75000 and make $150000 make damn sure you live like you make $75k. If you take the other $75k in cash and don't claim it and live like you make $150k, be prepared for an audit. In short, claim everything.
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Do NOT bargain hunt with your CPA or when hiring a staff accountant. They are worth the money
Bullshit. Professional accountancy is worthless for individuals or small business and that's 99% of us.
You're forever running around town delivering receipts and picking them up again. All they do is input numbers and =sum(x:x1) at the bottom, then act like they performed some secret voodoo ritual while they hand you the invoice. Anyone with 1/2 a brain can base a freeware spreadsheet on the return's categories and import the data from their online bank. Expenditure: $0.
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Bullshit. Professional accountancy is worthless for individuals or small business and that's 99% of us.
You're forever running around town delivering receipts and picking them up again. All they do is input numbers and =sum(x:x1) at the bottom, then act like they performed some secret voodoo ritual while they hand you the invoice. Anyone with 1/2 a brain can base a freeware spreadsheet on the return's categories and import the data from their online bank. Expenditure: $0.
The only time I hired a tax preparer, they got it wrong and the IRS quickly let me know about it. As a result, I prepare my own taxes with the assistance of a tax program. Turbo tax offers a variety of tax software programs to fit many different scenarios. It is pretty hard to make a mistake when preparing your taxes this way. Other than that one time, I've never had my taxes audited.
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The only time I hired a tax preparer, they got it wrong and the IRS quickly let me know about it. As a result, I prepare my own taxes with the assistance of a tax program. Turbo tax offers a variety of tax software programs to fit many different scenarios. It is pretty hard to make a mistake when preparing your taxes this way. Other than that one time, I've never had my taxes audited.
My ex-bookkeeper and ex-accountant were a hopeless pair of bimbos. I got fined because the accountant forgot to mail in my return. Filled it out, got me to sign it, and then just never mailed it, apparently. The bookkeeper's office looked like a tornado hit it. She was always late, no matter how promptly I brought her my shit, and she once managed to misplace an entire quarter's receipts. Took her 6 months to find them.
I took a 1/2 hour meeting with a different accountant just to learn what their rates were and what they wanted from me. Naturally, I confirmed that the meeting wouldn't cost anything, and then I later received an invoice in the mail for $600 from them saying I'd been there for 3 hours and signed a letter of engagement. Uh... ??? I hadn't. In the end I let them extort $200 out of me under threat of sending their made up charges to collections, which I'm not very proud of. They didn't have a leg to stand on so I should have reported them to the... accountant's registry, or something... for shady practices, but I was busy and figured it wasn't a battle worth fighting so I just knuckled under. :-\ Wish I could do that one over again. Like Bogart said of Peter Lorre "I don't mind a parasite but I object to a cut-rate one."
So ya, not really a fan of accountants here.
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I just use Quickbooks. Download from the bank, set up descriptions for expenses and that's it. Transfers over to Taxcut for preparation.
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I just use Quickbooks. Download from the bank, set up descriptions for expenses and that's it. Transfers over to Taxcut for preparation.
QuickBooks!?, hahahahaha noob hahahahaha
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QuickBooks!?, hahahahaha noob hahahahaha
It's a step up from me, lol. I use an Open Office spreadsheet.
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I am a strong man so I don't pay taxes.
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I just use Quickbooks. Download from the bank, set up descriptions for expenses and that's it. Transfers over to Taxcut for preparation.
How do you work tax credits and deductions into this scenario? Your bank cannot supply all the information you need for this. For example, If you invest in the stock market or you have oil or mineral royalties and it's not through your bank, which would not be the best place to handle these types of investments, how are you entering these into Taxcut?
You are not as old as me, but if you have any pretax investments or annuities you must begin pulling money out of them at 70 1/2 or pay a tax penalty. I am not sure how your bank would report this unless they held these accounts.
The onetime that my taxes were screwed up, I had my taxes done by H&R Block. Taxcut is an H&R Block product. I don't trust anything H&R Block.
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How do you work tax credits and deductions into this scenario? Your bank cannot supply all the information you need for this. For example, If you invest in the stock market or you have oil or mineral royalties and it's not through your bank, which would not be the best place to handle these types of investments, how are you entering these into Taxcut?
You are not as old as me, but if you have any pretax investments or annuities you must begin pulling money out of them at 70 1/2 or pay a tax penalty. I am not sure how your bank would report this unless they held these accounts.
Taxcut handles the the tax credit and deductions....not Quickbooks. Quickbooks handles my business while Quicken Home & Business handles personal accounts, my 401k and E-Trade Account. I could simply just use Quicken for everything but Quickbooks does a better job.
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Taxcut handles the the tax credit and deductions....not Quickbooks. Quickbooks handles my business while Quicken Home & Business handles personal accounts, my 401k and E-Trade Account. I could simply just use Quicken for everything but Quickbooks does a better job.
These are all programs which require your input to work. Not a bad way to go, but to say they "handle" everything for you is a bit of a misstatement.
I use Quicken for banking and TurboTax for doing my taxes. -Two programs and the job is done. Seems good to me.
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QuickBooks!?, hahahahaha noob hahahahaha
You're not smart enough to use Quickbooks but what the fuck is the problem with it. The majority of small businesses use Quickbooks. Its what I used at an former job so its pretty easy for me to use
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QuickBooks!?, hahahahaha noob hahahahaha
What's the matter with quickbooks? We use quickbooks pro for small business and it works just fine? Even our merchant account is through there.
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These are all programs which require your input to work. Not a bad way to go, but to say they "handle" everything for you is a bit of a misstatement.
I use Quicken for banking and TurboTax for doing my taxes. -Two programs and the job is done. Seems good to me.
I don't think you know this but you can set Quickbooks and even Quicken to automatically download your transactions and organize them. I have mine do it at 2am in the morning while I'm asleep and when I wake up, I check any uncategorized transactions if any, set them up, and that's all.
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Americans seem to be obsessed with their taxes, anything to do with taxes...
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Americans seem to be obsessed with their taxes, anything to do with taxes...
Yeah, we pay too much.
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Yes, they pay taxes. If you claim $75000 and make $150000 make damn sure you live like you make $75k. If you take the other $75k in cash and don't claim it and live like you make $150k, be prepared for an audit. In short, claim everything.
We are so lucky to have this brilliant mind state the obvious.
THE BEEF
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We are so lucky to have this brilliant mind state the obvious.
THE BEEF
Ready to lose another round troll?
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Americans seem to be obsessed with their taxes, anything to do with taxes...
Come live here. We're obsessed with taxes because nobody likes paying them. Our tax laws are riddled with loopholes which can seriously reduce what you owe. The challenge is to find all the loopholes you can while keeping things legal so you don't end up getting audited, having to pay more with fines or even in jail.
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I don't think you know this but you can set Quickbooks and even Quicken to automatically download your transactions and organize them. I have mine do it at 2am in the morning while I'm asleep and when I wake up, I check any uncategorized transactions if any, set them up, and that's all.
Yes I do know this. Essentially these programs all work about the same.
My finances are fairly simple. I don't own a business, my wife's and my retirement income is pretty cut and dry. Probably the most complicated thing we deal with each year are the oil royalties. This year, my wife and her family sold some land where they've started drilling for oil. This windfall messed up our taxes to the point where I had seriously underpaid them. We not only had to pay capitol gains tax on the proceeds, we were fined for the underpayment, despite that there was not much we could have done to avoid this, other than to have prepaid a guestimate before the end of the tax year. Anyway Quicken and TurboTax work pretty well for me.
Obviously you being a business owner makes for more complicated accounting and tax prep.
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Ready to lose another round troll?
Ain't lost one yet Russell.
THE BEEF
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Ain't lost one yet Russell.
THE BEEF
Got news for ya junior....you already did. You duck, you hide and you run.
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Got news for ya junior....you already did. You duck, you hide and you run.
So did Ali.
THE BEEF
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just wondering how people like charles glass who is 16 hours per day in the gym training clienTs-declare their earnings to the IRS
+brad rowe training 10 clients a day each is 100$ and then he doesnt have the money for plane ticket to fly to russia to compete (shawn rhoden gave him the money)
+pj braun making 1700$ a prep (with 220 clients) and then crying he is selling the car cause it will lose 10k value etc etc
just curious how to they show their money if they are buying a house and they dont declare all the earnings
Worry about yourself asshole.
If Uncle Sam needs your help he'll call.
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so how can bostin lloyd buy a house with cash if he isnt showing his earnings to the IRS? what will happen if they see he makes money selling steroids?
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so how can bostin lloyd buy a house with cash if he isnt showing his earnings to the IRS? what will happen if they see he makes money selling steroids?
I believe that buying a house "with cash" means he had the money already in the bank or in investments, not that he showed up at the closing with a bag full of 100's. He didn't need a mortgage.
It's entirely possible to do a legit business "advising" folks how to get big chemically without running afoul of the law.
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Al Capone in the late 1920’s was estimated to be making $100 million a year.
At his Trial in 1931 the Internal Revenue Service managed to prove that one of his casinos in Cicero gave Capone a profit of around $100 thousand in the year 1927.
So the IRS busted Capone on just $100 thousand of income out of the several hundred million he received over his criminal career.
Benjamin Hymen Siegelbaum (Bugsy Siegel), on the other hand, scrupulously paid his Federal Taxes.
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So did Ali.
THE BEEF
Never known THE BEEF to not put forth his position plain and bold like a man.
Has THE BEEF had his account stolen by someone other than THE BEEF or would THE BEEF care to state THE BEEF's case while referring to himself in the third person using all caps rather than sniping at THE COACH in every second goddamn thread on the board?
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You're not smart enough to use Quickbooks but what the fuck is the problem with it. The majority of small businesses use Quickbooks. Its what I used at an former job so its pretty easy for me to use
What's the matter with quickbooks? We use quickbooks pro for small business and it works just fine? Even our merchant account is through there.
Both of getbig's village idiots use quickbooks??!! wahahhahahahhahh Man, this shit is too good, you can't make this shit up. hahahaha
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Do NOT bargain hunt with your CPA or when hiring a staff accountant. They are worth the money
This. I haven't done my own personal or business taxes in many, many years.
Anyone living under the complex US tax code who makes a real living, owns a profitable business, has any substantial investments, is a registered Republican, etc who is not a CPA themselves should hire a local CPA who is reputable and who has been in business in their area for many years.
Even though I never cheat, I never deal directly with those IRS scumbags myself. If they think there's a problem, I know several good tax attorneys they can talk to.
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Both of getbig's village idiots use quickbooks??!! wahahhahahahhahh Man, this shit is too good, you can't make this shit up. hahahaha
Meh, it works just fine and has for years. If all you can do is name call and not defend why I would guess that makes you a bigger idiot than us. But this is get big.
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If its in cash, its very hard to approve. Simply don't deposit more than 10k at a time although you could set yourself for asset seizures
(http://www.backtaxeshelp.com/wp-content/uploads/2010/11/wesley-snipes-jail.jpg)
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Meh, it works just fine and has for years. If all you can do is name call and not defend why I would guess that makes you a bigger idiot than us. But this is get big.
1.) Why should I HAVE to spell out common business knowledge for free when I don't even like you? ???
2.) Hire a CPA, or hell even just ask a freshman in business school. Us business Majors learn this our first semester. :-*
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1.) Why should I HAVE to spell out common business knowledge for free when I don't even like you? ???
2.) Hire a CPA, or hell even just ask a freshman in business school. Us business Majors learn this our first semester. :-*
We have an in house accountant. All you idiots that talk shit can't seem to back it up. I don't understand this. Again, if you can't answer then why say it? It's like when Hurricane beef (purposely in small caps) talked shit on the squat thread but when I made irrefutable points as to why not everyone can't squat, he just started shit. If you two clowns can't back it up then just shut the fuck up. Can't make it any clearer than that boy.
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1.) Why should I HAVE to spell out common business knowledge for free when I don't even like you? ???
2.) Hire a CPA, or hell even just ask a freshman in business school. Us business Majors learn this our first semester. :-*
Us business majors?? So you've not even graduated and you're trying to tell me and Coach how to do our finances??? You're one very stupid kid.
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Us business majors?? So you've not even graduated and you're trying to tell me and Coach how to do our finances??? You're one very stupid kid.
Wait..he's still in school?? Seriously?
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Wait..he's still in school?? Seriously?
I honestly don't know who he is and I really don't care.
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We have an in house accountant. All you idiots that talk shit can't seem to back it up. I don't understand this. Again, if you can't answer then why say it? It's like when Hurricane beef (purposely in small caps) talked shit on the squat thread but when I made irrefutable points as to why not everyone can't squat, he just started shit. If you two clowns can't back it up then just shut the fuck up. Can't make it any clearer than that boy.
An " in house accountant" who the fuck are you bullshitting? An accountant who reviewed your lease and you are in the mess you are in? An in house accountant, that is a bold face lie, what next " in house legal council"?
You are a shameless self promoter, who lacks any common sense, integrity or education. A real ( not just Internet ) asshole.
What a Jackass.
THE BEEF
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An " in house accountant" who the fuck are you bullshitting? An accountant who reviewed your lease and you are in the mess you are in? An in house accountant, that is a bold face lie, what next " in house legal council"?
You are a shameless self promoter, who lacks any common sense, integrity or education. A real ( not just Internet ) asshole.
What a Jackass.
THE BEEF
Keep hiding girlfriend.
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We have an in house accountant. All you idiots that talk shit can't seem to back it up. I don't understand this. Again, if you can't answer then why say it? It's like when Hurricane beef (purposely in small caps) talked shit on the squat thread but when I made irrefutable points as to why not everyone can't squat, he just started shit. If you two clowns can't back it up then just shut the fuck up. Can't make it any clearer than that boy.
When you cut and pasted points - fucken poser.
THE BEEF
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When you cut and pasted points - fucken poser.
THE BEEF
What ever you say...boy.
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Us business majors?? So you've not even graduated and you're trying to tell me and Coach how to do our finances??? You're one very stupid kid.
Lol I am actually working on my PhD right now.
Unlike your stupid ass, I don't get an associate degree in nutrition and post it all over the place trying to impress people on the fuckng internet. ::)
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Lol I am actually working on my PhD right now.
Unlike your stupid ass, I don't get an associate degree in nutrition and post it all over the place trying to impress people on the fuckng internet. ::)
Keep working on your PhD and mind your own business if you don't have anything constructive to add
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Lol I am actually working on my PhD right now.
Unlike your stupid ass, I don't get an associate degree in nutrition and post it all over the place trying to impress people on the fuckng internet. ::)
So you working on a PhD must mean you're an expert in everything. Am I understanding this correctly?
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So you working on a PhD must mean you're an expert in everything. Am I understanding this correctly?
Not at all. But in this field, I know then a perverted midget that allegedly mostest a guy in the showers and a turd with a csn degree. :D
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Not at all. But in this field, I know then a perverted midget that allegedly mostest a guy in the showers and a turd with a csn degree. :D
Then you should know the irs doesn't give a shit if you use the most sophisticated accounting software in the world or a fucking abacus as long as it's accurate. Take your pompous ass back the teacher.
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So you working on a PhD must mean you're an expert in everything. Am I understanding this correctly?
Agreed....when he gets in the world of business, he'll see how far that degree goes
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Both of getbig's village idiots use quickbooks??!! wahahhahahahhahh Man, this shit is too good, you can't make this shit up. hahahaha
you're obviously not spending time out in the actual business world.
9 out of 10 of the small businesses that I do compilations, reviews, and tax returns for use QuickBooks. The whole reason for the accountant's copy function is so that the bookkeeper can keep the books, send it to the CPA tax accountant, the accountant makes his tax adjusting entries, prepares the return, and sends the client back his changes.
QuickBooks can handle pretty much any small to mid size business no problem.
but someone said it above. garbage in garbage out. when you are importing you credit cards and bank statements you still have to chart them correctly to the proper accounts. That's why I meet with clients when they get QuickBooks, show them how to do the bookkeeping, and let them keep their own books. the worst thing someone can do is get zero assistance with setting up a chart of accounts and the basic bookkeeping tasks, and then hand off a complete abortion of a set of books to their tax preparer. That's when my fees go through the roof. because I have to go back and unwind a bunch of shit and spend hours getting their books straight.
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My ex-bookkeeper and ex-accountant were a hopeless pair of bimbos. I got fined because the accountant forgot to mail in my return. Filled it out, got me to sign it, and then just never mailed it, apparently. The bookkeeper's office looked like a tornado hit it. She was always late, no matter how promptly I brought her my shit, and she once managed to misplace an entire quarter's receipts. Took her 6 months to find them.
I took a 1/2 hour meeting with a different accountant just to learn what their rates were and what they wanted from me. Naturally, I confirmed that the meeting wouldn't cost anything, and then I later received an invoice in the mail for $600 from them saying I'd been there for 3 hours and signed a letter of engagement. Uh... ??? I hadn't. In the end I let them extort $200 out of me under threat of sending their made up charges to collections, which I'm not very proud of. They didn't have a leg to stand on so I should have reported them to the... accountant's registry, or something... for shady practices, but I was busy and figured it wasn't a battle worth fighting so I just knuckled under. :-\ Wish I could do that one over again. Like Bogart said of Peter Lorre "I don't mind a parasite but I object to a cut-rate one."
So ya, not really a fan of accountants here.
I've NEVER mailed a return for a client unless they were elderly and physically couldn't do it themselves. I don't get that at all. I send them the return with all the envelopes they need so that they just have to review it, sign it, and bring it to the post office themselves. the fact that they mail out their clients returns for them was the first sign that they're idiots.
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What's the IRS got to do with a personal trainer getting his dick sucked with money he doesn't report. A smart PT would hide those funds and tell commie IRS to go fuck itself up the ass. That's what George Washington would do.
Give this a try. See how it works and report back to us.
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Then you should know the irs doesn't give a shit if you use the most sophisticated accounting software in the world or a fucking abacus as long as it's accurate. Take your pompous ass back the teacher.
(http://www.flopturnriver.com/blogs/wp-content/uploads/featured4.jpg)
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Go read what bears wrote. Oh wait, you're studying for a PhD. You couldn't possibly be wrong.
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I've NEVER mailed a return for a client unless they were elderly and physically couldn't do it themselves. I don't get that at all. I send them the return with all the envelopes they need so that they just have to review it, sign it, and bring it to the post office themselves. the fact that they mail out their clients returns for them was the first sign that they're idiots.
What do I know about SOP when it comes to who puts what in envelopes? I engaged the services of an idiot on the recommendation of another idiot. Ultimately, the fault was mine for hiring idiots which makes me Lord of the Idiots.
I used to take the view that I'll do what I do best and hire others to do what they do best. Everybody's doing what they're best at, things are getting done well, and everyone's making money. Nice theory, doesn't work. These days I'll do shit myself and if I don't know how then I'll learn. I won't get people to do things unless I have to because they want to charge as much as they can, do as little as they can, and if they fuck up they shrug their shoulders while I bear the consequences.
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What do I know about SOP when it comes to who puts what in envelopes? I engaged the services of an idiot on the recommendation of another idiot. Ultimately, the fault was mine for hiring idiots which makes me Lord of the Idiots.
I used to take the view that I'll do what I do best and hire others to do what they do best. Everybody's doing what they're best at, things are getting done well, and everyone's making money. Nice theory, doesn't work. These days I'll do shit myself and if I don't know how then I'll learn. I won't get people to do things unless I have to because they want to charge as much as they can, do as little as they can, and if they fuck up they shrug their shoulders while I bear the consequences.
yeah. you had a bad experience.
just trust me on this. if you ever get a CP2000 notice or something, unless you are absolutely certain you understand the issue, go have another CPA/tax preparer look at it for you. I would say that in 70-80% of the CP2000 notices I get for clients the client doesn't owe what they say they owe. And I draft a latter stating the facts and the IRS is good with being sensible about most issues. they may ask for further documentation but if you're being honest and forthright it usually works itself out.
The IRS is actually pretty easy to work with. The states are another story.