Demand Early Filing or Lose Your Tax Pro
Pro Tip: If you'd like a surefire way to need to find a new tax pro next year, go ahead and tell your current tax pro that it'd be really nice if they didn't wait for the last week to do their return. Especially when you got your docs to them after their deadline. #TaxTwitter
Wisconsin Lets Couples File Separately Federally, Jointly Statewise
I was today years old when I learned there is a state out there that allows you to file separately at the federal level and jointly at the state level. Thanks, Wisconsin. Your married physicians seeking PSLF really appreciate you. #TaxTwitter
Married Filing Separately Doubles SALT Deduction for High Earners
Just the most jackass MFS that I've had to do. Couple lives in TX. They have about $600k in AGI, so they're capped at $10k in SALT MFJ. Their SALT is about $20k. By filing separately, they each get the full $10k...
Realizing That Game Was Half My Lifetime Ago
TMW when you remember everything about this game happening and can't believe it was more than half your lifetime ago. https://t.co/NBwYuw1wdm
ChatGPT Flunks Basic Math, User Calls It Out
At least ChatGPT knows it's being a jackass today. Shame on me for asking it to do simple math. #TaxTwitter https://t.co/R8h4fkSd4c
High‑income Couples Forced to File Separately by SALT Cap
I didn't think about this in real time with OBBBA, but a lot of couples who are making in the $500k-$700k range this year are gonna end up MFSing because of the additional SALT cap. Seeing that a lot this...
Most Independent Docs Prefer S‑Corp, Yet Shouldn’t
The mass majority of physicians who are doing independent work think they should be an S-corp. The mass majority of physicians who are doing independent work should not be S-corps. #TaxTwitter
