Ryan A. Elblein, CPA
@RElbleinCPA practice owner focused on real estate | ⚾️ Mets | 🏒 Islanders | 🏈 Jets | Amateur barista ☕️
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People are worried about what data is used by OpenAI to train ChatGPT when Intuit is out here just creating AI models based on millions of small business’ bank, payroll, and transaction data……….
If you’re a mortgage lender that is going to look at tax returns to qualify borrowers, please at least learn the difference between wages paid to an S Corp shareholder and wages reported on the QBID worksheet.
My oldest son wanted to go outside this morning at 7am and play with his “blue truck” (you know, one of those little tikes ones with the yellow top)…managed to hold him off til 8:30am so as to not wake the whole neighborhood on a Sunday. As I’m sitting here while he colors on…
Hey #taxtwitter not sure if any of you are around the Hilton Head Island area, or have clients there, but in case you haven’t heard a man went missing there last week and there is a big search going on to find him. I figured this might be a good place to mention it since they…
For all the latte lovers of #taxtwitter have you seen this new product by Dreo? Just went up on kickstarter today, looks like an awesome milk frother…I just backed it. kickstarter.com/projects/dreo/…
Hey plumbers! Are you maximizing the deductions for the tools and equipment you purchase? Did you know that if you purchase tools and equipment for less than $2,500 per item or invoice you can deduct the entire amount in the year you purchase it? It's true! All you need to do…
Happy Monday! What are your goals for the week to get 1% better? This week I’m focused on getting better at defining my ideal client and also getting outside more to enjoy the sunshine. What about you?
Proud dad moment, my oldest son has been wanting to read this book a lot lately and tonight I asked “what do you need to open a Roth IRA?” And he answered with earned income!
Oh the burden of being a tax pro…every time I read this book to my son I have to correct it and say the 5 year old needs earned income
🤣 amazing...11am on the dot I can log into @CharlesSchwab almost like somebody said "give us an hour and a half to reposition"
Gee what a “coincidence”
JUST IN: Trading platforms are reportedly down: Charles Schwab TD Ameritrade Vanguard E-Trade Fidelity
Oh the burden of being a tax pro…every time I read this book to my son I have to correct it and say the 5 year old needs earned income
WiFi is out all day for “upgrades”? No problem, got all the yard work done now time for the beach! #selfemployed #beach
Bigger name/bigger firm doesn’t mean better product
A former TurboTax employee shared his experience preparing tax returns on my TurboTax business tax return pricing video.
For those that think tax professionals have a special line to the IRS to get things done…this is a recording of what happens when we call that line. Sometimes we even have to treat it like calling a radio station to win concert tickets and hoping we get through on the 100th try
Since the CPA pipeline is struggling so bad I figured I had to do my part and just start making new ones. Say hi to baby #2! #taxtwitter
I for one am grateful that the transformer outside my house waited until after midnight last night to blow. #TaxTwitter
Learn from our mistakes and cancel your @WellsFargo account. Fraud claim was denied because we paid the balance on the card even though we were told to pay the balance on the card (letter attached). Stay far away...will be advising all my clients to switch too. #FraudFargo
Hey fellow Connecticut #taxtwitter peeps, anybody having issues where CT 1040 efiles are sitting for a couple of days without being accepted? Using Drake if that makes a difference but I have 3 that are just sitting when as processed while ones I’ve filed today have been accepted
Hey @WellsFargo I know you guys like to do your own fraud but if you could reverse the fraud on my wife’s credit card that would be great. Saying the fraud was validated cause she made a timely payment is BS. Time to move all our accounts #wellsfargolovesfraud
Accounting...the industry where even topics like raising rates to charge what you are worth during a major staffing shortage creates a ridiculous debate...no wonder people avoid this industry like the plague. #TaxTwitter
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