matthewcpa
@matthewcpa.bsky.social
biker, camper, skier, hiker, accountant, business owner, husband, brother, father, friend, not necessarily in that order. Proud UDMercy Titan, Fraser Rambler and native Detroiter.
Reposted by matthewcpa
Crisp air and colors everywhere 🍂
October 23, 2025 at 2:41 PM
Crisp air and colors everywhere 🍂
@cyclesixmile.bsky.social the Palmer Park group ride is tonight if you're interested. 6pm meet at the splash pad, roll out at 6:30 pm.
July 3, 2025 at 2:58 PM
@cyclesixmile.bsky.social the Palmer Park group ride is tonight if you're interested. 6pm meet at the splash pad, roll out at 6:30 pm.
April 30, 2025 at 4:02 PM
April 26, 2025 at 7:39 PM
April 15, 2025 at 2:18 PM
If April 2 was Liberaton Day. Is today Subjugation Day?
April 9, 2025 at 5:52 PM
If April 2 was Liberaton Day. Is today Subjugation Day?
Exactly what I posted yesterday, business hates uncertainty and hinting that the tariffs may be negotiable ads no certainty.
This deeply unserious, flip-flopping approach to the economy would only delay the decisions of any manufacturers who might actually consider repatriating operations to the US. Why commit to spend years and $$$s on new factories when tariffs might be reduced or reversed tomorrow or next week?
April 4, 2025 at 7:49 PM
Exactly what I posted yesterday, business hates uncertainty and hinting that the tariffs may be negotiable ads no certainty.
If the goal is to bring manufacturing back to the US why would the tariffs be negotiable? If a "phenominal offer" comes along, investments in US manufacturing capacity could be for naught and the company investing in the US is just another sucker.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Trump Open to Tariff Cuts in Return for ‘Phenomenal’ Offers
President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” indicating that the White House was open to negotiations despite the insiste...
www.bloomberg.com
April 4, 2025 at 12:34 AM
If the goal is to bring manufacturing back to the US why would the tariffs be negotiable? If a "phenominal offer" comes along, investments in US manufacturing capacity could be for naught and the company investing in the US is just another sucker.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
'Cause it's a bittersweet symphony, that's life
Tryna make ends meet, you're a slave to money then you die
Tryna make ends meet, you're a slave to money then you die
April 1, 2025 at 11:26 PM
'Cause it's a bittersweet symphony, that's life
Tryna make ends meet, you're a slave to money then you die
Tryna make ends meet, you're a slave to money then you die
Business dislikes uncertainty. The current trade policies are uncertainty on steroids. This is especially traumatic for an integrated cross border industry like automobiles and the Detroit and Windsor metropolitan area. #TaxSky
www.detroitnews.com/story/busine...
www.detroitnews.com/story/busine...
Companies turn to these experts to navigate 'chaos' of tariff policies
Importers have many questions. The answers, amid fast-changing government plans, aren't always easy to find.
www.detroitnews.com
March 22, 2025 at 2:29 PM
Business dislikes uncertainty. The current trade policies are uncertainty on steroids. This is especially traumatic for an integrated cross border industry like automobiles and the Detroit and Windsor metropolitan area. #TaxSky
www.detroitnews.com/story/busine...
www.detroitnews.com/story/busine...
I perused the DOGE roster. There isn't a single CPA or even an accountant on the list. Engineers, software developers, attorneys and people affiliated with Musk companies and the Trump family.
If you're claiming to audit, at least have some trained auditors on staff.
If you're claiming to audit, at least have some trained auditors on staff.
If Musk wants to get serious about waste, fraud and abuse, here’s where he can find it: www.washingtonpost.com/opinions/202...
Opinion | Long before DOGE, there was the GAO. It knows where the savings are.
The Government Accountability Office has been rooting out federal waste, fraud and abuse since 1921.
www.washingtonpost.com
March 6, 2025 at 1:52 PM
I perused the DOGE roster. There isn't a single CPA or even an accountant on the list. Engineers, software developers, attorneys and people affiliated with Musk companies and the Trump family.
If you're claiming to audit, at least have some trained auditors on staff.
If you're claiming to audit, at least have some trained auditors on staff.
Some tax professionals keep crunching numbers at more than 100 years old https://on.wsj.com/3EUyFfE
February 19, 2025 at 9:31 PM
@detroitmercy.bsky.social Glad to see my Alma Mater here
February 3, 2025 at 3:01 AM
@detroitmercy.bsky.social Glad to see my Alma Mater here
Damn, looks like I should have stocked up on Canadian Club.
February 2, 2025 at 11:33 PM
Damn, looks like I should have stocked up on Canadian Club.
🤔
February 2, 2025 at 7:56 PM
🤔
February 2, 2025 at 3:01 AM
January 31, 2025 at 4:04 AM
Reposted by matthewcpa
Spoiler alert for fans of trickle down economics: business owners don’t hire based on their tax bill. They hire based on demand for the stuff their businesses make.
The trickle-down myth is deeply embedded in the American psyche and it’s beyond time to excise it.
December 3, 2024 at 6:16 PM
Spoiler alert for fans of trickle down economics: business owners don’t hire based on their tax bill. They hire based on demand for the stuff their businesses make.
Reposted by matthewcpa
Congressman Buddy Carter just introduced a bill to abolish the IRS, repeal income, payroll, estate and gift taxes.
I read through his 132 page proposal so you don't have to.
Here's everything you must know:
I read through his 132 page proposal so you don't have to.
Here's everything you must know:
January 12, 2025 at 2:40 PM
Congressman Buddy Carter just introduced a bill to abolish the IRS, repeal income, payroll, estate and gift taxes.
I read through his 132 page proposal so you don't have to.
Here's everything you must know:
I read through his 132 page proposal so you don't have to.
Here's everything you must know:
Off again
BOI compliance stayed once again -- injunction back in effect! (Dec 26)
#TaxBS #TaxSky #TaxTwitter
5th Circ. "merits panel" (that'll hear case) acted on its own to reverse the "motions panel" which vacated the injunction on 12/23.
Thx to @rmfifthcircuit.bsky.social and @joshyoungblood.bsky.social
#TaxBS #TaxSky #TaxTwitter
5th Circ. "merits panel" (that'll hear case) acted on its own to reverse the "motions panel" which vacated the injunction on 12/23.
Thx to @rmfifthcircuit.bsky.social and @joshyoungblood.bsky.social
December 27, 2024 at 2:29 PM
Off again
The same mileage rate for fully electric, hybrid, gasoline and diesel vehicles. Are the operating costs for the different types of vehicles really the same?
www.freep.com/story/money/...
#TaxSky
www.freep.com/story/money/...
#TaxSky
IRS mileage rate for business goes up to 70 cents a mile in 2025
Employees who work at companies that use the IRS mileage rate will be reimbursed at a higher rate in 2025.
www.freep.com
December 19, 2024 at 11:02 PM
The same mileage rate for fully electric, hybrid, gasoline and diesel vehicles. Are the operating costs for the different types of vehicles really the same?
www.freep.com/story/money/...
#TaxSky
www.freep.com/story/money/...
#TaxSky
#TaxSky CPE today is covering, among other things, the Disaster Tax Relief Act
Retroactive to 2019, elimination of 10% of AGI limitation. I'm pretty sure @adammarkowitzea.bsky.social will be excited about this.
www.ficpa.org/news/20dd21e...
Retroactive to 2019, elimination of 10% of AGI limitation. I'm pretty sure @adammarkowitzea.bsky.social will be excited about this.
www.ficpa.org/news/20dd21e...
Advocacy Alert: President Biden signs Federal Disaster Tax Relief Act - Florida Institute of CPAs
www.ficpa.org
December 18, 2024 at 5:42 PM
#TaxSky CPE today is covering, among other things, the Disaster Tax Relief Act
Retroactive to 2019, elimination of 10% of AGI limitation. I'm pretty sure @adammarkowitzea.bsky.social will be excited about this.
www.ficpa.org/news/20dd21e...
Retroactive to 2019, elimination of 10% of AGI limitation. I'm pretty sure @adammarkowitzea.bsky.social will be excited about this.
www.ficpa.org/news/20dd21e...
Wow, just delete the IRS. What am I going to do with all my free time?
#TaxSky
www.washingtonpost.com/opinions/202...
#TaxSky
www.washingtonpost.com/opinions/202...
Opinion | Elon Musk’s worst suggestion so far: ‘Delete’ the IRS?
Making tax filling simpler is fairer to everyone and brings in more revenue.
www.washingtonpost.com
December 12, 2024 at 5:07 PM
Wow, just delete the IRS. What am I going to do with all my free time?
#TaxSky
www.washingtonpost.com/opinions/202...
#TaxSky
www.washingtonpost.com/opinions/202...