This pinned tweet discusses the new community I am a Co-Founder of for tax professionals, accountants and bookkeepers and my CPA firm that specializes in tax planning and small businesses with 1-20 million dollars of revenue per year. The Collaboration Room (TCR) is a community for accounting, bookkeeping, and tax professionals to learn and grow through mentoring and coaching. We will help you start, grow, and improve your firm, in a collaborative setting! We have developed a sales page with a lot more information where you can join our monthly email newsletter or become a member at thecollaborationroom.circle.…. TCR specializes in live events and will be offering CPE in 2025 for some of our live vents. SBS CPA Group is a public accounting firm that specializes in small businesses with one to twenty million dollars in revenue per year. We provide a high quality service that can include detailed tax planning if you hire us to provide that service. We provide services to clients around the United States and have a large number of virtual clients. You can join our email newsletter or contact us in regards to becoming a client at sbscpagroup.com/. #cpa #ea #tax #aicpa #accounting #bookkeeping #accountant #bookkeeper #quickbooks #taxplanning #taxplanning

Please repost! We are considering selling our CPA firm for the right price. Please contact me by email at [email protected] if you have interest. Those with interest I will send more information. 2 Million in annual revenue. Over 40% of the work is bookkeeping and payroll. 3 owners. 2 considering stepping away after transition period and 3rd willing to stay for many years. Over the last 15 years the owners have taken on average 57% of the total revenue home.

Please repost! We are considering selling our CPA firm for the right price. Please contact me by email at [email protected] if you have strong interest. 2 Million in annual revenue. Over 40% of the work is bookkeeping and payroll. 3 owners. 2 considering stepping away after transition period and 3rd willing to stay for many years. Over the last 15 years the owners have taken on average 57% of the total revenue home. Thanks!

Today, and there are MANY variables, how much are we seeing CPA firms with 2 Million in Revenue selling for? Assume 40% of the revenue is monthly bookkeeping and payroll and 60% is tax prep and tax planning. One long term firm owner stays for 5+ years and other 2 1 year.

No kidding this happened. Client handles their own payroll in QBO with Intuit filing payroll forms. Q1, Q2, and Q3 941 forms are filed. Then inside QBO someone changed them from a 941 filer to a 943 filer around 10/1/2025. Then Intuit filed a 943 with wages from the entire year on it. Then client got a notice, sent it to me, and I went in and saw that payroll was set to 943. No one knew how that happened. Then client called Intuit and got it changed back to 941 and clicked box to do it for all of 2026. Then Intuit filed a Q1 941 in late May of 2026. You could NOT make this up if you tried.

I watched the second half of Spain beating France. It was surprising. Good for Spain. France under performed in that game.

Indiana is awesome. Period.

Seriously, is MItch McConnell capable of performing his duties as a US Senator?

That feeling, when you are reviewing a return for a new client, and you see the prior year return was prepared by someone you know on #taxtwitter

I still remember the client who came to me, from another CPA in town, with an RV on the books, took accelerated depreciation on all of it. Then sold it... I think we had two meetings in my office about it...

I hope Senator Mitch McConnell is happy and healthy. What is his staus?

Again, I wish Senator Mitch McConnell great health and I hope he is happy and healthy. But this story is very strange. He was taken to the hospital unconcious on June 14th, 2026. Effectively 4 weeks ago. ANd he has not been seen, released a video, his staff is saying nothing. What is the status of Senator Mitch McConnell and I seriously hope he is happy and healthy.

Who wins today?

Who wins today?

What is the largest Office Space Reimbursement Expense you have seen on a tax return due to Business Use of the Home? For me, a little over $15,500...