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Brew

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Everything posted by Brew

  1. I would say that most everyone on the CPA side would support a free file system. We don’t deal with the filers impacted for the most part. It’s a much larger risk to H&R Block, TurboTax, and all the f-ing hacks out there that shouldn’t be doing tax returns then it is to me. There are a lot of things that still aren’t covered by an IRS submitted form, so you are really only dealing with people that have W-2’s, investments (not great because there are still plenty of 1099’s missing basis information), retirement payments, etc. Rentals, businesses, K-1’s, a number with kids under 5 or over 18, etc all would fall outside of a free file system. As far as the code, it’s complicated because it has always been a means for social engineering and that has been compounded the last 20 or so years. No one knows it front to back, so we’re all likely missing something at this point.
  2. Similar story here, just the younger one. She’s not abusive or harming herself, but man can she find some deep holes to climb down. Phone/internet/school issues have compounded it so we hired an IT company to provide all the internal hardware in the house and monitor the traffic similar to what I have at the office. Her phone and kids at school have brought at the worst in her. Therapy hasn’t really helped either because it seems to us at least the therapist has spent most of the time being her friend and not enough time helping her cope. She has asked to make a change there which is a positive I think. If I could go back and change anything, it would have been how/when the internet/phone was introduced to her but her school required access earlier than what we preferred.
  3. Person giving has the responsibility to file, it is their estate issue.
  4. The new W-4’s are set to calculate your individual tax balance. There is no married 0 any more. You have to accurately fill it out with the combined incomes for the withholding to work properly because they have complicated it. Your individual withholdings are taking double advantage of the 10%/12% brackets and the combined income has some in the 24% bracket so you are short. Total tax is what it is so you pay it now or later, number is the same.
  5. Depends on the structure of the business for tax purpose and her will. Generally the estate would operate it until liquidation and they would get a K-1 for the estate, but if the business was specifically left in 1/3 interests then they answer would change.
  6. Old question, but it’s $17k a year individual to individual with no requirement to file a gift tax return. Over $17k requires a gift tax return and uses up part of your lifetime estate exemption over the $17k annual exclusion. $17k basically works like the standard deduction in your individual return, it is deducted from total gifts to determine “taxable” portion offset by the exclusion.
  7. It’s the 2020’s version of cat facts, but worse.
  8. Has Breitling made a change in their watches or am I off in thinking they were quite a bit more expensive several years back? Did they just come out with a cheaper automatic line? I’m looking for another white face / blue band and have looked at this SuperOcean a couple of times. The pricing seems less than what I remember from past looking. Also, really like the looks of the Omega Speedmaster Chronoscope but I’m kind of looking for something other than another Omega I think.
  9. One of my partners that works our office there was at a bar this past spring and got roofied. He’s in his 50’s. He doesn’t remember anything from the bar, woke up the next morning in his apartment beat up and everything of value gone.
  10. We’re holding a company event there next month, we’ll see what it’s like.
  11. The bars along Division usually have live music. It’s usually a younger crowd as it’s pulling from Vanderbilt and the new condo developments through there. The Chef and I and Patterson House are both in that area as well as Hattie B’s if you want to give it a try. There really isn’t much there outside the bars and quick service places though. You can easily take a 5 minute ride over to the Gulch and SoBro areas and open up other opportunities like Kayne Prime, Martin’s Biscuit Love, Etch, Milk and Honey, etc. The capital area also isn’t far and has Skull’s Rainbow Room (in Printer’s Alley) which usually has music along with excellent food, Puckett’s, etc.
  12. I looked at some numbers on some SEC schools. From 2016 it looks like enrollment is up roughly 10% on average. What has really changed is the apps and acceptance. Apps are up more than double, acceptance is up 50%, but first year enrollment was up 10-15%. Looks like most were enrolling half of accepted which is significantly less than past history. Private schools I looked at were actually much closer with 10-15% growth in each category. There wasn’t the big anomaly in apps like with the publics.
  13. His essays could have been terrible, other portions of his app could not have been great, etc. Some of the more selective schools have actively come out and said they aren’t necessarily focusing on the smartest at this point and are going for well rounded students that have a better chance of being involved on campus. One of the kids from our school graduated near the top of his class, made a 35, didn’t make it into UGA and a mix of other known schools. He’s also white, upper class, and wanted to go into the business school which has the highest application rate at most of those schools. There are a ton of stories out there about similar examples. Our oldest is going to focus on trying to get into an Honors college at the back end of the Top 100 schools. She’s been invited to apply for a couple high end scholarship/honors college opportunities so she is going to go after those. After looking at the common dataset in the colleges she applied for originally, she really shot for some ultra low acceptance rate schools. She’s also applying with English as her major and excellent essays, so maybe one of them will give her a shot.
  14. If you aren’t going to get into Texas in state, you’re probably not close to making the cut at GA out of state unless you are applying to a less sought after degree program. The numbers there are ridiculous on out of state acceptance rates.
  15. We own a large IT company that does all of that. Largest customers are 400+ seats. If you’re interested in talking to them, PM me and I’ll send you contact info.
  16. He was getting hit before anyone would have had a chance to make a read. When he wasn’t hit immediately, it was because he had moved out of the pocket and hadn’t been caught yet. It was terrible blocking from the line, the backs, the TE’s, etc. it wasn’t all on them though. The D gave up long plays down the sidelines that should have been stopped as well. The TD from the backup QB should have easily been stopped. The DB’s had some absolutely terrible fouls. No one on that team wanted to play by the looks of it other than DJ who isn’t good enough to carry a team anywhere. Plus, that fumble he had completely took the wind out of what little they wanted to play. This week may top it unless Justin Fields decides to start playing better.
  17. If everyone waited until they thought they could afford kids to have kids, there would be very few kids. Welcome to the wives thread, first time visit? On a serious note, there is a reason storage units are going for astronomical multiples right now. People have too much shit combined with an annuitized billing methodology means 14x multiples.
  18. Picture is not great, but just for the record they do pulled pork that is right up there with anyone’s. We’ve been stopping there on lake weekends for as long as I can remember. You’re not going to find brisket, ribs, etc just whole hog pulled pork served one way.
  19. Finally got contract settled to go ahead and start as well as the last of the appliances, so we’re moving forward. Kitchen renovation is going to cost more than the 2nd house we moved into in the mid 2000’s. Just in time for the kids to be leaving for college too, so it will get a lot of use in the future.
  20. As long as the virgin doesn’t have to be female, you should be able to find a few around here that can piss off your boat for you.
  21. Every time we drive somewhere separate my wife parks on the opposite side of the parking lot for some stupid reason. I’m typically always the first one there and will park where there are spaces together, she never parks there. She wanted help loading a new Christmas tree today, so she followed me over there on my way back to work. I pull in, park near the store exit with spaces all around for easy out like a normal person, she goes down past the entrance to the far side of the lot and parks. She did offer me a ride back to my vehicle, I just walked off.
  22. We have probably officially toured 10 or so college campuses at this point with plans to go to another 5-10 this fall. She is applying to a few she hasn’t seen and we’ll tour them later if some of the ones above them on her list don’t work out.
  23. The concept makes perfect sense, I think her issue was that she never realized where the cutoff was on the seller schools. A lot of the state schools have inflated admissions percentages because of in state enrollment, so when you dig around and find out that OOS is sub 6-8% at places like UGA, UNC, Mich, etc it changes the game. She is terrible at simple math which held her ACT score back which will ultimately mean she needs to rethink where she wants to go, quickly. She’s in at any number of good schools, so it will work out with me likely paying more than I had planned based on her high school resume. It’s just a lot different process than what I would have thought.
  24. It’s dictated by FLSA under the DOL. To my knowledge there are state laws that can provide further protections to the employee but they cannot go below the federal required standards.
  25. Justhookit reminds me yet again of the terrible life choices I have made (or that my wife has made.)
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