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CO Horn

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Everything posted by CO Horn

  1. CO Horn

    Tax reform

    CO Horn replied to zork's topic in Cloak Room

    I disagree on the opportunity zones. They don’t eliminate capital gains, just defer them. Also, investments in opportunity zones can improve economically depressed areas. Colorado did a good job at establishing these zones. Only one gave me pause.
  2. CO Horn

    Tax reform

    CO Horn replied to zork's topic in Cloak Room

    No, it applies to anything other than a C Corp. Sole Proprietors, Partnerships, and S Corps, and rental real estate under certain circumstances.
  3. CO Horn

    Tax reform

    CO Horn replied to zork's topic in Cloak Room

    Have plenty of clients with a Schedule C, a couple of rentals, Farm income with sales to Co-Ops, 3 or 4 K-1s. The QBI calculation will be fun. Not to mention K-1s that we don’t prep, the new partnership audit rules, etc. Will be interesting to see what our revenue increase is.
  4. CO Horn

    Tax reform

    CO Horn replied to zork's topic in Cloak Room

    Yep, seeing the same thing here. For those people that self-prepare with any complexity, they will likely be doing things wrong.
  5. CO Horn
    Just go talk to George at Building and Loan and everything will be ok. Simple as that.
  6. CO Horn
    The problem is not Rivera being unanimous, but the fact that no other player has been unanimous. There are easily 100 that should have been unanimous. That is the real travesty. Give me one reason that Maddux, Gwynn, Ryan, Seaver, etc. were not unanimous.
  7. CO Horn
    Abraham Aderholt Allen Amash Amodei Babin Biggs Brady Brooks (AL) Byrne Carter (GA) Cole Collins (NY) Comer Davidson (OH) DesJarlais Duncan Dunn Estes Fleischmann Fortenberry Gosar Graves (GA) Grothman Harris Hern, Kevin Higgins (LA) Hollingsworth Hunter Joyce (PA) Kelly (MS) King (IA) Kustoff (TN) Lesko Marshall McClintock Miller Mooney (WV) Mullin Norman Pence Posey Roe, David P. Rogers (AL) Rose, John W. Rutherford Smith (MO) Steube Thompson (PA) Weber (TX) Woodall Yoho Young Here's who voted no on the resolution
  8. CO Horn
    I don't think so. Have you seen the Q thread on TexAgs?
  9. CO Horn
    I think Lindsey knows that Trump is fucked and is positioning himself for a 2020 Presidential run.
  10. CO Horn
    A number of restaurants here are offering free lunches to government employees. The Denver ATC Center is here so there are a number of employees affected by the shutdown.
  11. CO Horn
    I'm assuming the VP will be banned from the school's property then?
  12. CO Horn
    nm
  13. CO Horn
    Elections matter.
  14. CO Horn
    Fuck him
  15. CO Horn
    Could not agree more. It's going to be ugly.
  16. CO Horn
    So the Democratic controlled house passes legislation and the Republican controlled senate refuse to bring it to a vote constitutes no congressional action? Got it.
  17. CO Horn
    Confused as to how the legislative branch passing legislation constitutes executive overreach.
  18. CO Horn
    Substitute Trump for Macron and you may be on to something.
  19. CO Horn
    You forgot to include the preceding sentence.
  20. CO Horn
    Most likely to vote against Trump in Senate Jon Kyl - Gone Rand Paul Susan Collins Mike Lee WOW
  21. CO Horn
    The new tax law makes it virtually impossible to be subject to AMT.
  22. CO Horn
    For a lot of taxpayers the SALT limitation is not that big of an issue. Yes, my deduction is capped at 10k, but I was in AMT, so I wasn’t benefitting from the additional tax deduction anyways. Like Brew, I have a number of clients that will see their tax liability decrease by six figures. It will be interesting to see what tax revenues are based on the tax cuts.
  23. CO Horn
    Whatever you do, don’t google Images of Lauren today.
  24. CO Horn
    Very few of my clients are paying more in taxes under the new tax law. Those that are paying more usually have high unreimbursed employee expenses or investment expenses. We are in the top 2% of income and our tax liability is down around 15-20% under the new tax law.
  25. CO Horn
    The 80/20 still qualifies because the 20% was used for the home acquisition.

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