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macatak911
| Favorite team: | New Orleans Pelicans  |
| Location: | Metairie, LA |
| Biography: | |
| Interests: | Breathing. |
| Occupation: | Law |
| Number of Posts: | 11072 |
| Registered on: | 9/17/2007 |
| Online Status: | Not Online |
Recent Posts
Message
re: Anyone been to PelicansReport lately?
Posted by macatak911 on 8/30/23 at 11:31 am
Is that super secret hidden board still in existence?...
1
re: So VOR is back?!
Posted by macatak911 on 6/24/23 at 10:05 pm
[quote]I still lurk around. I’m just 30 and married with a full time job. My energy for typing out thoughts and arguing is low [/quote]
This but upper 30s with kids :lol:...
re: So VOR is back?!
Posted by macatak911 on 6/24/23 at 9:07 pm
[quote]f macatak911 shows up in this thread, I may lose my shite.[/quote]
You rang???...
re: Estes Park lodging
Posted by macatak911 on 5/9/23 at 7:10 pm
Stanley...
re: How much life insurance do you have?
Posted by macatak911 on 5/7/23 at 11:04 am
36 with three kids under 7
1.0 mil 30 year term life with about 24 years left
2.5 mil monthly with adjusted rates as get older ...
re: Baton Rouge accused murderer cleared by EBRP jury after representing himself in court.
Posted by macatak911 on 3/5/23 at 5:35 pm
[quote]Only 4 days for a murder trial including deliberations? That’s wild.[/quote]
That’s about the norm for state murder trials that aren’t high profile....
re: US CPI data release today
Posted by macatak911 on 2/14/23 at 7:35 am
6.4...
re: CPA exam tutoring or in person exam prep
Posted by macatak911 on 2/8/23 at 1:29 pm
Becker with ninja supplement worked wonders for me...
re: Accountants fees skyrocketing
Posted by macatak911 on 2/8/23 at 11:45 am
[quote]for my wife's S-Corp with 9 employees and about 1 mil revenue, the CPA firm charged us (i think) $700 last year.[/quote]
I’m imagining you’ll see entity prices go up exponentially in the industry.
TurboTax launched this this year and others in the industry are adjusting prices accordin...
re: Accountants fees skyrocketing
Posted by macatak911 on 2/7/23 at 10:17 am
[quote]Sad, but this type of thing is common. Experts are many times not experts. Know enough to ask good questions and do your own thinking. I did our family's taxes for over 20 years until my wife started a business and then their accountant started handling all of it. When I see the bill I just s...
re: Accountants fees skyrocketing
Posted by macatak911 on 2/6/23 at 8:21 pm
[quote]This.
We raised our minimum to $1000 and culled less than 1% of our orphan 1040s. We will go to $1500 next year.[/quote]
We're up to $750 min 1040 and monthly agreement mandatory for all new business clients.
My schedule is booked solid this week with 15 min onboarding calls that in ...
re: When to hire a CPA vs doing taxes on your own?
Posted by macatak911 on 2/2/23 at 5:50 am
CPA here in the tax business.
We tell new lead calls all the time look if all you have is W2, some itemized deduction stuff that won’t add up to you itemizing, some childcare stuff, and minor interest, dividends, stock sales….we really aren’t going to be much benefit unless you just really don’t ...
re: Louisiana state taxes
Posted by macatak911 on 2/1/23 at 8:31 pm
There’s no longer a state deduction for federal taxes paid ...
re: Are Tax Guys Worth It?
Posted by macatak911 on 1/28/23 at 12:29 pm
[quote]Yes they are. For a simple return you can probably get it done for $125[/quote]
Most CPA/EAs are in the min fee range of 350-400 for even the most basic. (not talking preexisting clients/friends/family/feel bads....strictly new engagements.)
$125 is undercutting TurboTax full service by...
re: Are Tax Guys Worth It?
Posted by macatak911 on 1/25/23 at 7:45 pm
[quote]$180 and everything is taken care of.[/quote]
If that isn’t the friends and family rate he’ll be changing careers soon or retiring...
re: Intuit TurboTax
Posted by macatak911 on 1/24/23 at 12:40 am
[quote]Intuit has been going HARD after small firm 1040 guys with the lure of basically just doing tax prep and not having to worry about getting clients. [/quote]
at 25-40 an hour or so. Woof.
[quote]Every decent size firm I know has been either jacking up min price or straight up disengaging...
re: Intuit TurboTax
Posted by macatak911 on 1/24/23 at 12:31 am
[quote]this will be the killer of the small CPA tax preparation firm.[/quote]
Quite the opposite. Business is booming. The money isn’t in returns that are getting out yesterday, the first day of efileing.
The entire small business CPA industry is glad TurboTax rolled out their full service bus...
re: Are Tax Guys Worth It?
Posted by macatak911 on 1/22/23 at 7:45 am
As a tax guy I’ll say this….
If all you have is W2, child care, stock sales, social security, or maybe a really really basic Schedule C we really don’t provide that much benefit besides just taking it off your plate and that extra layer of comfort knowing it was done right. I straight up tell new...
re: Anyone been to Paris lately?
Posted by macatak911 on 12/15/22 at 6:43 am
Just got back.
https://www.tigerdroppings.com/rant/travel/you-have-four-days-in-paris---what-do-you-do/100390187/
This thread was extremely helpful, especially Fun Bunch's list.
From another thread we did two things that were prob our favorite:
Secrets Food Tour in Montemarte
Bistro des...
re: Air France: MSY-Paris in December for two round trips
Posted by macatak911 on 12/8/22 at 7:10 pm
In typical New Orleans fashion, the flight to CDG is looking like at least an hour delay due to local cleaning and catering.
Impressive considering the airplane has been parked at the gate since 4:30 pm...
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