#TaxTwitter
For this week's social media round-up, we will take a look at #taxtwitter, and I will share with you my favorite tweets. Let's get started!
Tax Deadline is Tomorrow | 8/15 – Video
Hi, I'm Bette Hochberger, CPA, CGMA, and you're concise tax tip Tuesday today is that tomorrow is September 15th is the S-corporation, the partnership, LLCs that are taxed as a partnership. It is your deadline. If you are still working on your stuff, your CPA is very mad at you.
Silicon Valley Bank Miami branch is Opening in Brickell
Miami's Brickell neighborhood is getting a physical Silicon Valley Branch bank location, supporting their efforts in Miami's growing technology world and the region's status as the American gateway to Latin America.
All Things IRMAA | Jorge Gonzalez Video
On today's finance Friday, we have Jorge Gonzalez, who will tell us about all things IRMAA. Jorge is a financial services industry veteran with more than 26 years of experience. His specialty is providing business owners solutions to increase revenue, protect their assets, and reduce taxes with a collaboration with my CPA. He has two professional designations, and he also has a Medicare certification, which is part of what we're going to be talking about today.
Employees VS Contractors | Labor Day
It’s #BusinessQuickie, and I want to come on here and tailor this go-live to our small business owners who want to know the difference between contractors (1099) and employees (W-2) so that you can find which employee fits best with your business. I figured this would be a great topic since labor day is coming up on Monday! Let’s get started.
Unpopular Opinion – Tax Refunds
Hi, Bette Hochberger or CPA, CGMA. And on today's Business Quickie, I'm going to tell you about an unpopular opinion that I have. So I know a lot of people really love getting tax refunds. There are all kinds of ads that say, "how to spend your refund, refund, refund, refund." People can't wait to get that refund check, but here's the big butt, why do I not like it? It's your money. You're not getting free money from the government. You're getting your own money back to you. So my unpopular opinion is don't create these huge tax refunds and don't think your CPA is amazing just because they get you a big tax refund.
Time for Extension Season!
Today's Tax Tip Tuesday is for all you procrastinators out there. We are talking about the upcoming deadline for S Corporation or partnership returns if you filed an extension.
Miami Crypto : What You Need to Know
Other Miami crypto news, which is super exciting, MiamiCoin is the first city coin to come to market. Woo hoo, it's fantastic. It's like a Bitcoin and is on the Blockchain protocol, so whenever that coin is mined, a percentage, actually 30% of what's mined, goes to the city of Miami.
IRS Letters: What To Do
On today's #TaxTipTuesday, we're discussing IRS notices and how to understand and respond to them so that you and your CPA can resolve whatever the issue is.
The Scouts Teach Business Lessons?
We got to go out and do this very high-level Scout training called Wood Badge. It's a fantastic program. It's all about leadership, leading teams, leading yourself, which is where it starts. You learn a lot. It's a very intense week, with so many things. But one of the essential things that we talk about is how you can't do what you do because that's how you've always done it. Especially for us as accountants, we fall into a rut. We have a saying; it’s called SALLY, same as last year. It's our standard operating procedure to do what we've always done because why change things?
#VenmoMe is Tax Deductible
We have all seen giveaways from brands; you might wonder why brands do this or how they can afford it. The truth is brands can do this because it is tax-deductible, meaning they get their money back when tax season rolls around. Brands also do this because it is excellent advertising; I mean, who doesn't like free stuff? This brings us to our topic: #VenmoMe.
Bad Luck or Bad Financial Planning?
Tomorrow is Friday the 13th, and considering the holiday's superstitious history, I wanted to share some tips from Twitter about avoiding bad luck with finances and taxes. This article is a different kind of Social Media Round-up, but I decided that there is no better day than Friday the 13th to try something new because if it flops, I will blame it on bad luck. I find this mindset funny because I think much of "bad luck" is actually just bad planning, and I hope this Twitter commentary can help us all avoid the pitfalls of poor finances and poor tax planning. Let's get started.
Rihanna Is a Billionaire
Entrepreneur and businesswoman aren't the first words I think of when I imagine the pop star, Rihanna, however all that is about to change because, according to Forbes, she is now a billionaire. You can find Rihanna trending on Twitter with the hashtag #SelfMadeWomen along with many opinions about her new status. This trending hashtag is what I want to share with you on this week's social media round-up.
The Olympics Are Taxing
Hi, I'm Bette Hochberger, CPA, CGMA. And today, we're going to talk about the Olympics because they're going on right now, and even though there's a bit of controversy around the games and some of the athletes, I like to bring it back to my favorite topic: taxes. Specifically, taxes that Olympians must pay on their winnings and complexities within that tax.
Establishing Residency in Florida
Today we're going to talk about how long it takes to become a Florida resident and a few of the things you need to prepare to establish residency.