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First video oh my gosh 😂😂😂😂 I would pay $$ to see the shocked faces of the exempt W-4 tax return filer when they see that huge tax bill owed 💸 😅 Jason love your expressions on the cray cray advice.
"I don't want to dunk on these people". You should absolutely dunk on these people. It's one thing to be just misinformed it another thing to be misinformed and put out bad advice with confidence.
I just starting working in tax...i absolutely hate it .... But gotta say, we send pending items to client asking if the whatever purchse is for your business. If you lie, fine, but the liability is on you. That being said, we dont ask about things typically under 2,500 (unless it looks suspicious like idk a toothbrush or food) also depends But yeah...
lmao your videos always get me homie, great content to shake off the post tax season vibes - and everyone remember MAKE SURE YOU'RE AN SCORP OR YOU CAN'T USE SEC 179
Digging the channel. Found your Advanced Airtable video and went from there. Like your style, humour and all the knowledge. This channel deserves about 100k more subs! Cheers
@@jasoncpa okay I’m going ✌️but I’ll be back. Do you think a non accountant could master these automated products and get hired as an underling by an accountancy firm?
Guy at 10 minutes is correct. Art is extremely sketchy. So is "consulting" work. This is why you see news stories every week about some relative of a politician being hired as a consultant on something. Paid $300k to be a "consultant" for extending the LRT line? And what are his credentials as they relate to trains and LRT lines? Oh he was a drama major in university and has never worked for any company related to rail? Stuff like paying $100k for a banana duct taped to a wall or $100k for a guy to write "RAT" on a 10'x10' canvas is obviously sketchy. That artist did some kind of favor that could not be documented.
I saw the first one on Tik Tok and I'm like yeah... don't do that. W4 is great because you make estimated payments, now if you're self employed and you aren't automatically making payments like you do with a regular job. You would have to pay your full tax when you file.
Ooooooooooooooof. This video is both entertaining and incredibly difficult to sit through! Just 2:45 made me uncomfortable in a way I didn't even know existed!
Wow, glad to find this gem. I'm sure this channel gonna blew up soon, we need more CPA's like this on YT.
Thank you Viccy!
First video oh my gosh 😂😂😂😂 I would pay $$ to see the shocked faces of the exempt W-4 tax return filer when they see that huge tax bill owed 💸 😅
Jason love your expressions on the cray cray advice.
As a CPA, this was so cathartic to hear.
Finally a Certified Public Accountant, that speaks up.
If you want to get destroyed by the IRS do what the first lady said.
😂 these picks are gems. I’ve heard some crazy TikToks but these are straight up insane.
@11:40, that almost visceral reaction to buying property in an S Corp! Subtle and easy to miss, but I really felt that one!
Pay $125K for new Range Rover every year to reduce your tax liability by a fraction of $125K. Stonks.
Dude really said your parents can gift you the money that you pay them as wages and then "write it off". 😅
This is my favorite segment 😅
"I don't want to dunk on these people". You should absolutely dunk on these people. It's one thing to be just misinformed it another thing to be misinformed and put out bad advice with confidence.
Always easy to spot the clients who watch Tik Tok!
I just starting working in tax...i absolutely hate it ....
But gotta say, we send pending items to client asking if the whatever purchse is for your business. If you lie, fine, but the liability is on you.
That being said, we dont ask about things typically under 2,500 (unless it looks suspicious like idk a toothbrush or food) also depends
But yeah...
"Holy payroll tax" 😂
I can always tell what video my clients have watched when they call and ask these questions. Then they want to argue with me.
This is the way
lmao your videos always get me homie, great content to shake off the post tax season vibes - and everyone remember MAKE SURE YOU'RE AN SCORP OR YOU CAN'T USE SEC 179
🤜🤛
Digging the channel. Found your Advanced Airtable video and went from there. Like your style, humour and all the knowledge. This channel deserves about 100k more subs! Cheers
Get out of here Dan!
@@jasoncpa okay I’m going ✌️but I’ll be back. Do you think a non accountant could master these automated products and get hired as an underling by an accountancy firm?
Guy at 10 minutes is correct. Art is extremely sketchy. So is "consulting" work. This is why you see news stories every week about some relative of a politician being hired as a consultant on something. Paid $300k to be a "consultant" for extending the LRT line? And what are his credentials as they relate to trains and LRT lines? Oh he was a drama major in university and has never worked for any company related to rail?
Stuff like paying $100k for a banana duct taped to a wall or $100k for a guy to write "RAT" on a 10'x10' canvas is obviously sketchy. That artist did some kind of favor that could not be documented.
I saw the first one on Tik Tok and I'm like yeah... don't do that. W4 is great because you make estimated payments, now if you're self employed and you aren't automatically making payments like you do with a regular job. You would have to pay your full tax when you file.
It's worse - you have to pay quarterly estimated tax, and if you underestimate, you pay (reasonable) interest and fees.
Subscribed! Great work brotha!
🎉
Ooooooooooooooof. This video is both entertaining and incredibly difficult to sit through! Just 2:45 made me uncomfortable in a way I didn't even know existed!
This is why so many people owe Uncle Sam. 🙄
I wish there's a Canadian version of you lol
Same
Somebody going to jail😂
Lol there is so much misinformation out there, nice vid
Why not
best video ❤❤😂
I don’t know what some of these people are smoking
Bad Tik Tax 😂
I LOVE YOU
If you actually wanna avoid taxes, start a RELIGION. ;)
jaja