Diane Gilabert, CPA
@dianegilabertcpa.bsky.social
San Diego Tax Consultant looking to connect with other tax professionals to make us all better. #TaxTwitter #TaxSky
@downtownjoshbrown.bsky.social the Compound and Friends pod with Carson Block was incredible!👏
May 11, 2025 at 3:16 PM
@downtownjoshbrown.bsky.social the Compound and Friends pod with Carson Block was incredible!👏
1. 🔥 "Prediction Time" Challenge
*"Question for #TaxSky:
When do you think we'll see a 2025 tax bill signed into law?
Memorial Day
Labor Day
December 31
2026 and beyond
Drop your bets below. 👇"*
*"Question for #TaxSky:
When do you think we'll see a 2025 tax bill signed into law?
Memorial Day
Labor Day
December 31
2026 and beyond
Drop your bets below. 👇"*
April 30, 2025 at 4:27 PM
1. 🔥 "Prediction Time" Challenge
*"Question for #TaxSky:
When do you think we'll see a 2025 tax bill signed into law?
Memorial Day
Labor Day
December 31
2026 and beyond
Drop your bets below. 👇"*
*"Question for #TaxSky:
When do you think we'll see a 2025 tax bill signed into law?
Memorial Day
Labor Day
December 31
2026 and beyond
Drop your bets below. 👇"*
After watching the Accountant 2...
Apparently deep knowledge of Subchapter K isn’t enough anymore.
Guess it’s time to add tactical weapons training to my CPE plan. 🎯🔫
#TaxTwitter #StayDangerous
Apparently deep knowledge of Subchapter K isn’t enough anymore.
Guess it’s time to add tactical weapons training to my CPE plan. 🎯🔫
#TaxTwitter #StayDangerous
April 30, 2025 at 4:22 PM
After watching the Accountant 2...
Apparently deep knowledge of Subchapter K isn’t enough anymore.
Guess it’s time to add tactical weapons training to my CPE plan. 🎯🔫
#TaxTwitter #StayDangerous
Apparently deep knowledge of Subchapter K isn’t enough anymore.
Guess it’s time to add tactical weapons training to my CPE plan. 🎯🔫
#TaxTwitter #StayDangerous
In The Accountant 2, Christian Wolff can spot money laundering with one glance at the company's financials.
I can’t even spot where a client expensed $40,000 of 'marketing' that somehow involved a yacht. 🚤🧾
#TaxSky
I can’t even spot where a client expensed $40,000 of 'marketing' that somehow involved a yacht. 🚤🧾
#TaxSky
April 29, 2025 at 6:17 PM
In The Accountant 2, Christian Wolff can spot money laundering with one glance at the company's financials.
I can’t even spot where a client expensed $40,000 of 'marketing' that somehow involved a yacht. 🚤🧾
#TaxSky
I can’t even spot where a client expensed $40,000 of 'marketing' that somehow involved a yacht. 🚤🧾
#TaxSky
Reposted by Diane Gilabert, CPA
Episode 24 of @howtaxworks.bsky.social: Divisive Reorganizations. Come for the technical knowledge, stay for me mixing up split-ups and split-offs, then perhaps notice that I got a new microphone! Links below:
Episode 24: Divisive Reorganizations (368(a)(1)(F) and 355): frblaw.com/podcast/divi...
Spotify: open.spotify.com/episode/53yU...
Apple Podcasts: podcasts.apple.com/us/podcast/d...
Amazon Music: music.amazon.com/podcasts/968...
Spotify: open.spotify.com/episode/53yU...
Apple Podcasts: podcasts.apple.com/us/podcast/d...
Amazon Music: music.amazon.com/podcasts/968...
April 28, 2025 at 9:38 PM
Episode 24 of @howtaxworks.bsky.social: Divisive Reorganizations. Come for the technical knowledge, stay for me mixing up split-ups and split-offs, then perhaps notice that I got a new microphone! Links below:
How many other #TaxSky peeps are rebuilding their social lives?
This weekend I....
Step 1 - Texted friends I ghosted since January
Step 2: Apologized
Step 3: Convince them I'm still fun even though my brain is stuck hunting for missed tax issues and tax planning opportunities.
This weekend I....
Step 1 - Texted friends I ghosted since January
Step 2: Apologized
Step 3: Convince them I'm still fun even though my brain is stuck hunting for missed tax issues and tax planning opportunities.
April 27, 2025 at 7:17 PM
How many other #TaxSky peeps are rebuilding their social lives?
This weekend I....
Step 1 - Texted friends I ghosted since January
Step 2: Apologized
Step 3: Convince them I'm still fun even though my brain is stuck hunting for missed tax issues and tax planning opportunities.
This weekend I....
Step 1 - Texted friends I ghosted since January
Step 2: Apologized
Step 3: Convince them I'm still fun even though my brain is stuck hunting for missed tax issues and tax planning opportunities.
I’ve worked with dozens of business owners on the sale of their companies.
The ones who walked away satisfied all did these 3 things.
The ones with regrets? Most skipped #2. 👇
🧵 (1/5)
The ones who walked away satisfied all did these 3 things.
The ones with regrets? Most skipped #2. 👇
🧵 (1/5)
April 25, 2025 at 4:49 PM
I’ve worked with dozens of business owners on the sale of their companies.
The ones who walked away satisfied all did these 3 things.
The ones with regrets? Most skipped #2. 👇
🧵 (1/5)
The ones who walked away satisfied all did these 3 things.
The ones with regrets? Most skipped #2. 👇
🧵 (1/5)
💡 Why are F reorganizations the go-to structure for S corp sales?
If you work on deals, you’ve probably seen the shift. Here’s why F reorgs are everywhere—and why they're so popular 👇
#MergersAndAcquisitions #TaxSky
🧵 (1/5)
If you work on deals, you’ve probably seen the shift. Here’s why F reorgs are everywhere—and why they're so popular 👇
#MergersAndAcquisitions #TaxSky
🧵 (1/5)
April 22, 2025 at 6:36 PM
💡 Why are F reorganizations the go-to structure for S corp sales?
If you work on deals, you’ve probably seen the shift. Here’s why F reorgs are everywhere—and why they're so popular 👇
#MergersAndAcquisitions #TaxSky
🧵 (1/5)
If you work on deals, you’ve probably seen the shift. Here’s why F reorgs are everywhere—and why they're so popular 👇
#MergersAndAcquisitions #TaxSky
🧵 (1/5)
Now that we're past April 15 what's your first trip?
🌴 Vacation
⛳ 🏖️ Weekend Get-away?
👩💼 👨💼 What professional conferences are you planning to attend?
#TaxSky
🌴 Vacation
⛳ 🏖️ Weekend Get-away?
👩💼 👨💼 What professional conferences are you planning to attend?
#TaxSky
April 21, 2025 at 4:35 PM
Now that we're past April 15 what's your first trip?
🌴 Vacation
⛳ 🏖️ Weekend Get-away?
👩💼 👨💼 What professional conferences are you planning to attend?
#TaxSky
🌴 Vacation
⛳ 🏖️ Weekend Get-away?
👩💼 👨💼 What professional conferences are you planning to attend?
#TaxSky
It’s post 4/15 so I finally have some time to plan leisure travel. But I’m finding I’m not good at it, and it’s exhausting. Anyone else long for the days of travel agents? Do they still exist?
April 20, 2025 at 4:25 PM
It’s post 4/15 so I finally have some time to plan leisure travel. But I’m finding I’m not good at it, and it’s exhausting. Anyone else long for the days of travel agents? Do they still exist?
Reposted by Diane Gilabert, CPA
Long ALSO promoted "Sovereign Tribal Tax Credits."
60¢/dollar! BUT THEY DO NOT EXIST
Wanna LOL your butt off #TaxSky #TaxBS?
Read promoters' 4/16 PR, defending "credits" & blaming scrutiny on Long nom:
bit.ly/WR-041625 pdf
4/15 Senate Fin Cmte letter:
bit.ly/WR-SFCLtr pdf
Senate PR below.
60¢/dollar! BUT THEY DO NOT EXIST
Wanna LOL your butt off #TaxSky #TaxBS?
Read promoters' 4/16 PR, defending "credits" & blaming scrutiny on Long nom:
bit.ly/WR-041625 pdf
4/15 Senate Fin Cmte letter:
bit.ly/WR-SFCLtr pdf
Senate PR below.
Wyden, Cortez Masto Call for Criminal Investigation into Evidence of Fraud by Promoters Affiliated with IRS Nominee Billy Long | The United States Senate Committee on Finance
Wyden, Cortez Masto Call for Criminal Investigation into Evidence of Fraud by Promoters Affiliated with IRS Nominee Billy Long
www.finance.senate.gov
April 20, 2025 at 9:15 AM
Long ALSO promoted "Sovereign Tribal Tax Credits."
60¢/dollar! BUT THEY DO NOT EXIST
Wanna LOL your butt off #TaxSky #TaxBS?
Read promoters' 4/16 PR, defending "credits" & blaming scrutiny on Long nom:
bit.ly/WR-041625 pdf
4/15 Senate Fin Cmte letter:
bit.ly/WR-SFCLtr pdf
Senate PR below.
60¢/dollar! BUT THEY DO NOT EXIST
Wanna LOL your butt off #TaxSky #TaxBS?
Read promoters' 4/16 PR, defending "credits" & blaming scrutiny on Long nom:
bit.ly/WR-041625 pdf
4/15 Senate Fin Cmte letter:
bit.ly/WR-SFCLtr pdf
Senate PR below.
Need to add to my onboarding checklist: have you contacted your prior tax preparer to let him/her know you’re not returning? Or maybe ask the new client if I can do it for them?
More than half of my new clients this year had $0 extensions filed for them by the prior firm. It…wasn’t helpful. #taxbs
April 20, 2025 at 4:14 PM
Need to add to my onboarding checklist: have you contacted your prior tax preparer to let him/her know you’re not returning? Or maybe ask the new client if I can do it for them?
Tax M&A Truth: In M&A deals, tax exposure doesn’t end with due diligence. It lives on in the reps, indemnities, and post-closing drama. #MergersAndAcquisitions #TaxSky #Deals
April 18, 2025 at 9:07 PM
Tax M&A Truth: In M&A deals, tax exposure doesn’t end with due diligence. It lives on in the reps, indemnities, and post-closing drama. #MergersAndAcquisitions #TaxSky #Deals
🧵 5 Things I’m Doing Differently Next Busy Season 👇
1. Blocking time for deep work—no Slack, no calls, no interuptions.
2. Saying no more often (yes even to "quick questions")
3. Delegating earlier—and letting it be imperfect.
4. Protecting 1 day/week for strategic projects (not just survival)
1. Blocking time for deep work—no Slack, no calls, no interuptions.
2. Saying no more often (yes even to "quick questions")
3. Delegating earlier—and letting it be imperfect.
4. Protecting 1 day/week for strategic projects (not just survival)
April 17, 2025 at 6:08 PM
🧵 5 Things I’m Doing Differently Next Busy Season 👇
1. Blocking time for deep work—no Slack, no calls, no interuptions.
2. Saying no more often (yes even to "quick questions")
3. Delegating earlier—and letting it be imperfect.
4. Protecting 1 day/week for strategic projects (not just survival)
1. Blocking time for deep work—no Slack, no calls, no interuptions.
2. Saying no more often (yes even to "quick questions")
3. Delegating earlier—and letting it be imperfect.
4. Protecting 1 day/week for strategic projects (not just survival)
A reminder: Cleaning up books before due diligence’ is not tax planning. It’s damage control. 🚀 #MergersAndAcquisitions #Deals #TaxSky
April 17, 2025 at 3:05 PM
A reminder: Cleaning up books before due diligence’ is not tax planning. It’s damage control. 🚀 #MergersAndAcquisitions #Deals #TaxSky
What’s one tax issue that almost tanked a deal—and you’ll never forget it? #TaxSky #MergersandAcquisitions #Deals
April 16, 2025 at 8:00 PM
What’s one tax issue that almost tanked a deal—and you’ll never forget it? #TaxSky #MergersandAcquisitions #Deals
Reposted by Diane Gilabert, CPA
With just a few days before Tax Day, cracks are showing at the IRS. Potentially confusing errors are popping up on the site, including one that impacts taxpayers filing for an extension.
(Thanks to everyone who has chimed in with your experiences! It was very helpful.)
www.forbes.com/sites/kellyp...
(Thanks to everyone who has chimed in with your experiences! It was very helpful.)
www.forbes.com/sites/kellyp...
With April 15 Looming, IRS Website Riddled With Errors
With just a few days before Tax Day, cracks are showing at the IRS. Potentially confusing errors are popping up on the site, including one that impacts taxpayers filing for an extension.
www.forbes.com
April 11, 2025 at 7:19 PM
With just a few days before Tax Day, cracks are showing at the IRS. Potentially confusing errors are popping up on the site, including one that impacts taxpayers filing for an extension.
(Thanks to everyone who has chimed in with your experiences! It was very helpful.)
www.forbes.com/sites/kellyp...
(Thanks to everyone who has chimed in with your experiences! It was very helpful.)
www.forbes.com/sites/kellyp...
Grogu and Gizmo chillin on Caturday afternoon 😻
March 22, 2025 at 7:41 PM
Grogu and Gizmo chillin on Caturday afternoon 😻
As we finish up our March 17 work take the extra few minutes to thank your staff, managers, and admins for their help. Yes it's their "job", but that doesn't mean you shouldn't say thank you. Expressing genuine apprecation goes a long way, and we still have a month to go until 4/15. #TaxSky
March 14, 2025 at 10:31 PM
As we finish up our March 17 work take the extra few minutes to thank your staff, managers, and admins for their help. Yes it's their "job", but that doesn't mean you shouldn't say thank you. Expressing genuine apprecation goes a long way, and we still have a month to go until 4/15. #TaxSky
Could Loper Bright and the End of Chevron Deference Mean Better Terms for Sellers in M&A? 🤔💡
For years, buyers in M&A used state tax uncertainty to demand large holdbacks, indemnities, and price cuts to cover potential multi-state tax risks.
🚨 But what if that’s about to change? #TaxSky
🧵👇 (1/7)
For years, buyers in M&A used state tax uncertainty to demand large holdbacks, indemnities, and price cuts to cover potential multi-state tax risks.
🚨 But what if that’s about to change? #TaxSky
🧵👇 (1/7)
March 14, 2025 at 8:07 PM
Could Loper Bright and the End of Chevron Deference Mean Better Terms for Sellers in M&A? 🤔💡
For years, buyers in M&A used state tax uncertainty to demand large holdbacks, indemnities, and price cuts to cover potential multi-state tax risks.
🚨 But what if that’s about to change? #TaxSky
🧵👇 (1/7)
For years, buyers in M&A used state tax uncertainty to demand large holdbacks, indemnities, and price cuts to cover potential multi-state tax risks.
🚨 But what if that’s about to change? #TaxSky
🧵👇 (1/7)
Looking for a rewarding #career? Wondering what a #CPA does? How does someone become a CPA? Answers here: www.calcpa.org/become-a-cpa #Accounting #CPA
Become a CPA in California
CPAs are trusted financial experts providing advisory services to individuals, nonprofits, government, and businesses of all sizes.
www.calcpa.org
March 11, 2025 at 5:53 PM
Looking for a rewarding #career? Wondering what a #CPA does? How does someone become a CPA? Answers here: www.calcpa.org/become-a-cpa #Accounting #CPA
What do my fellow #TaxPros think about former #IRS commissioner Charles Rettig's opinion piece about #IRS firings?:
Don't Put Core IRS Services at Risk in the Name of 'Efficiency'
Former IRS commissioner Charles Rettig questions the recent firings and mass resignations at the IRS, noting that while technology has helped the agency with efficiency, it still needs experienced…
news.bloombergtax.com
March 9, 2025 at 7:05 PM