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Mingo Was His NameO
LSU Fan
Brooklyn
Member since Mar 2016
23634 posts
 Online 

re: Employee Retention Credit and PPP
quote:

I wouldn't mind chatting.

vabuckeye541gmail.com


Don't entertain this guy. A reputable CPA or accounting firm can do this for you without boning you out of 80% of your credit.


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Murray
New York Mets Fan
Member since Aug 2008
13478 posts

quote:

My firm has done tons of these under the standard engagement conditions for our clients because we have a reputation to uphold.


Bingo.

Chex, the emotion you see is from frustration from watching good people come to us after they’ve been fleeced by you vacuum cleaner salesmen.

Professionals like Mingo and myself have seen things like this before and will see it again but that doesn’t make it any less frustrating.


ChexMix
USA Fan
Taste the Deliciousness
Member since Apr 2014
18417 posts

And when their accountant tells them they dont qualify because they "didnt have to shut down" or they "didnt have a drop in revenue" or "were considered an essential business"??? None of these are reasons that a business would not qualify and Paymaster has processed thousands of businesses that each fell under one of those statements.

I was a public accountant for most of my professional career. When new tax laws are implemented then changed retroactively, rarely do CPAs take the time to amend returns.

The ERC is the perfect example. Its been changed multiple times since its inception in 2020 with each amendment lowering the bar for businesses to qualify. Are CPAs blowing up their clients phones trying to file for the credits? Nope. Just bitching and moaning because third party companies have to pick up their slack.

This post was edited on 7/4 at 12:45 pm


Mingo Was His NameO
LSU Fan
Brooklyn
Member since Mar 2016
23634 posts
 Online 

quote:

Instead of trying to railroad me, join me. Send me clients and earn referral $$$


At least your honest about being a contingent fee farm

Because none of the other shite you are saying is true.

quote:

I was a public accountant for most of my professional career. When new tax laws are implemented then changed retroactively, rarely do CPAs take the time to amend returns


I mean it just sounds like you are bad at your job, not sure why you brag about that
This post was edited on 7/4 at 12:46 pm


ChexMix
USA Fan
Taste the Deliciousness
Member since Apr 2014
18417 posts

quote:

Instead of trying to railroad me, join me. Send me clients and earn referral $$$


At least your honest about being a contingent fee farm

Very upfront about fees. No need to deceive anyone.

quote:

I mean it just sounds like accountants are bad at their job, not sure why you brag about that
FIFY. Because its reality sweetheart. There wouldn't be a market for ERC filings if CPAs did their job. And i said WAS an accountant. I own my own business now


Mingo Was His NameO
LSU Fan
Brooklyn
Member since Mar 2016
23634 posts
 Online 

quote:

There wouldn't be a market for ERC filings if CPAs did their job.


Sure there would, people take advantage all the time. Especially in matters as complex as taxes.


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11
ChexMix
USA Fan
Taste the Deliciousness
Member since Apr 2014
18417 posts

quote:

I wouldn't mind chatting.

vabuckeye541gmail.com
Email has been sent


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