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Search: Posts Made By: Trollin4Tuna
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Forum: Dockside Chat
11-26-2020, 03:01 PM
Replies: 37
Views: 1,939
Posted By Trollin4Tuna

Seconded. HDR is awesome! Iíd rather 1080 and HDR...

Seconded. HDR is awesome! Iíd rather 1080 and HDR over 4K and no HDR.
Forum: Dockside Chat
11-10-2020, 10:37 AM
Replies: 1,649
Views: 114,471
Posted By Trollin4Tuna

Glad I could help. Hope they change it but who...

Glad I could help. Hope they change it but who knows now.
Forum: Dockside Chat
11-10-2020, 07:18 AM
Replies: 1,649
Views: 114,471
Posted By Trollin4Tuna

Actually, the opposite is true. It is...

Actually, the opposite is true. It is (currently) tax-exempt cancellation of debt income. Since it is tax-exempt income, the expenses to produce that income are non-deductible. So a $100,000 PPP...
Forum: Dockside Chat
11-10-2020, 06:40 AM
Replies: 1,649
Views: 114,471
Posted By Trollin4Tuna

The loan goes from a loan to cancellation of debt...

The loan goes from a loan to cancellation of debt income (non-taxable). The current rules state that the expenses incurred that give rise to the tax exempt income, salary and rent, etc., are...
Forum: Dockside Chat
11-02-2020, 03:38 PM
Replies: 20
Views: 1,628
Posted By Trollin4Tuna

On reddit, there is a sub called wallstreetbets...

On reddit, there is a sub called wallstreetbets and they all use Robinhood. There was an issue with the way RH calculated the amount you could borrow on margin which let some people borrow insane...
Forum: Dockside Chat
10-31-2020, 10:03 AM
Replies: 27
Views: 1,210
Posted By Trollin4Tuna

you donít gain a whole years worth of...

you donít gain a whole years worth of depreciation by closing in January.

One advantage I can think of for the seller to close in January as opposed to December is, using the rental property for...
Forum: Dockside Chat
10-21-2020, 02:36 PM
Replies: 57
Views: 2,720
Posted By Trollin4Tuna

My advice is to get the 12 Pro Max. I upgraded...

My advice is to get the 12 Pro Max. I upgraded from a 6 plus to an iPhone X and had to get rid of it for an 11 Pro Max the next year.

The smaller phones are good but I use my phone for everything...
Forum: Dockside Chat
10-15-2020, 01:56 PM
Replies: 18
Views: 889
Posted By Trollin4Tuna

If the sale of the personal property and the...

If the sale of the personal property and the house occurred in the estate, then you will get a K1 from the estate. Estate year ends don't have to end on 12/31 so the K1 items may go on your 2021...
Forum: Dockside Chat
10-06-2020, 04:08 PM
Replies: 33
Views: 1,833
Posted By Trollin4Tuna

Not necessarily. If used to improve your house it...

Not necessarily. If used to improve your house it is. If the OP's father took out a home equity loan to build his son a garage, then his father can't deduct it.
Forum: Dockside Chat
09-29-2020, 01:03 PM
Replies: 33
Views: 1,417
Posted By Trollin4Tuna

https://www.irs.gov/filing/wheres-my-amended-retur...

https://www.irs.gov/filing/wheres-my-amended-return
Forum: Dockside Chat
09-28-2020, 12:32 PM
Replies: 33
Views: 1,417
Posted By Trollin4Tuna

They can but that started in the summer. OP filed...

They can but that started in the summer. OP filed about 24 weeks ago and you would also get confirmation with efiled returns.
Forum: Dockside Chat
09-28-2020, 09:40 AM
Replies: 33
Views: 1,417
Posted By Trollin4Tuna

Did your assistant send it certified return...

Did your assistant send it certified return receipt? Any mailed in return should be sent that way.
Forum: Dockside Chat
09-04-2020, 06:44 PM
Replies: 84
Views: 4,615
Posted By Trollin4Tuna

Im going against the grain but I canít stand...

Im going against the grain but I canít stand mellow mushroom pizza. I do like their wings though. Pizza is trash.

Their dough bites with beer cheese dip is good.
Forum: Dockside Chat
09-04-2020, 06:41 PM
Replies: 49
Views: 2,099
Posted By Trollin4Tuna

What are they doing for that money? Lawn care is...

What are they doing for that money? Lawn care is pretty individual. Quickly cutting a lawn with a zero turn is a lot different than reel cutting a lawn.
Forum: Dockside Chat
09-02-2020, 07:13 AM
Replies: 8
Views: 1,074
Posted By Trollin4Tuna

Google AMP?

Google AMP?
Forum: Dockside Chat
08-31-2020, 05:22 PM
Replies: 17
Views: 594
Posted By Trollin4Tuna

If you are trying to put as much as possible into...

If you are trying to put as much as possible into a tax deferred plan, look into a cash balance plan. It gets less attractive if you have employees but you can put a lot into one.
Forum: Dockside Chat
08-30-2020, 05:57 PM
Replies: 179
Views: 11,291
Posted By Trollin4Tuna

Thats on Netflix now?!?!

Thats on Netflix now?!?!
Forum: Dockside Chat
08-25-2020, 02:24 PM
Replies: 37
Views: 1,205
Posted By Trollin4Tuna

Shouldn't be a separate return necessary as long...

Shouldn't be a separate return necessary as long as it is a single member LLC, not taxed as an S-Corp. (Rarely would you ever own real estate in a C-or S-Corp.)

Accounting fees will be the same...
Forum: Dockside Chat
08-23-2020, 03:47 PM
Replies: 108
Views: 15,409
Posted By Trollin4Tuna

doing better than the last time.

doing better than the last time.
Forum: Dockside Chat
08-23-2020, 03:46 PM
Replies: 13
Views: 584
Posted By Trollin4Tuna

What height are you cutting that Bermuda? Looks...

What height are you cutting that Bermuda? Looks pretty high.
Forum: Dockside Chat
08-21-2020, 06:34 AM
Replies: 14
Views: 1,147
Posted By Trollin4Tuna

The bold part of the quote above is the best...

The bold part of the quote above is the best advice you can get right now and it is the one that is ignored the most by the majority of small businesses I see. Some people think that if it is paid by...
Forum: Dockside Chat
07-28-2020, 10:05 AM
Replies: 19
Views: 1,025
Posted By Trollin4Tuna

One of the biggest drawbacks that most don't...

One of the biggest drawbacks that most don't realize with regards to not filing is the possibility of losing your refund if taxes were withheld. Seen this many times.
Forum: Dockside Chat
07-25-2020, 04:13 AM
Replies: 39
Views: 1,870
Posted By Trollin4Tuna

I agree. I always ask for salary range before I...

I agree. I always ask for salary range before I go to an interview. It seems like 4 hour interviews are the norm now and Iím not going to take time off of work and spend time and energy prepping for...
Forum: Dockside Chat
07-21-2020, 08:58 AM
Replies: 29
Views: 1,098
Posted By Trollin4Tuna

I believe the rates are a little worse since they...

I believe the rates are a little worse since they arenít backed or sold to US Govt. not 100% on this. Just from what I remember.
Forum: Dockside Chat
07-18-2020, 07:32 AM
Replies: 13
Views: 475
Posted By Trollin4Tuna

how many transactions on the credit cards a...

how many transactions on the credit cards a month? Only two doesnít say much. I have clients with 6 that donít have many each month but then have clients with one that can take hours to reconcile.
Showing results 1 to 25 of 500
 


 
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