Archived threads in /biz/ - Business & Finance - 7329. page

Yes.

Def autistic. The fact you couldn't figure that out makes me question your IQ.

This is a terrible idea. Even if your IQ really was 147, the fact that you thought it was appropriate to put that on your resume would instantly disqualify you. You can do any job in the world with an IQ of 115. What really matters is personality and experience. Don't be a retard.

>>1208638
Look everyone a no coiner.

maybe you failed to listen to the gurus on here.. Ive told many people on here to buy X stocks and invest in Y.. but they never listen.. I guess when you have a low IQ and cant follow simple instructions, you are doomed to a life of a poofag

This was a containment board for meme coins being spammed on /g/ and /b/. Literally nothing more. Besides the meme coin neckbeards, you got college students pretending they are successful people making up stories. Same thing at how all the teenagers on /b/ claim they make $300K a year. There's like 3 tripfags on this board that are successful. The rest are NEET meme coiners or college students/wage slaves. If you take anything here seriously, then you are as retarded as the kids on /adv/ taking relationship advice from other cucks or the people on /fat/ taking fitness advice from other fatties.

>>1220743
fucking 1099 them

Congrats man, I remember your thread last year

>>1220747

Ehhhh.

But they really are legit employees though. They will have a schedule, hours, management.

I heard doing that can fuck me in the long run.

Plus isn't that kinda dick to the employee?

If you don't travel that much, it's not viable no matter how wealthy you are.

>>1220717
You could say that about any mode of transport.

>>1220717
This kinda
Their rates are fucking retarded higg, even if you own the damn plane.

With public flights and skype calls private jets are there for corps that enjoy masturbating

Upper middle class in NYC. That exists?

>>1220426
In NYC, I consider that making 100k+ if you're single.

If you have to ask, you don't belong there.

I bought like 20 shares of VRX. Shitting myself because tomorrow's the reports

Also SRAQU just sitting there and just sold some gold etfs

>>1220246
>Valent Pharmaceuticals to admit to wrong doing

Uhoh, that does not look good m8.

Real talk though, i want to get on the s&p train because I KNOW it's going places but the CAD going fucking up is destroying all my gains. I know if I buy more VFV by next month I'll just lose enough more money...

>>1220256
Ceo jacked the prices up 300-400 percent, same thing Shkreli did

The stock was 300+ before so it's either going to skyrocket or drop depending on their 300 billion bank loan and statements tomorrow.

I wanted to put money in VFV as well, but the Canadian dollar looks like it's coming back, but I'm hearing negativity about them showing the months losses that'll cancel out January's gains

>I moved to CO from IA at the end of 2010. Didn't do my 2009-2013 taxes until last year. Years ago IA said I owed them like 1.5K for 2009 (for the taxes I never did). Ignored it. Ignored it. They then sent me a letter claiming I owed them state taxes for 2009-2013 (for income earned in CO). Like 11K.

>Called IA Dept of Revenue. Since I never filed any returns they think I was still a resident of IA. I never got a new driver's license and mostly used my parent's address (forwarded things from there). That didn't help. Explained to them that I haven't lived in Iowa for 4 years and obviously been working in CO. They said I could be working there yet still a resident of IA. Don't really remember what was said beyond that, but I haven't heard anything. I haven't gotten any letters in about 1.5 years.

>How likely is it that this has just gone away? Does filing all of my old returns last year help clear it up?

1) Chances it is just away? 0. The statute of limitations for collecting or auditing a tax return doesn't start until you have actually filed your tax returns.
For a matter like this, I suggest either doing the reserach yourself on IA state tax laws (could take you a long time) or hire an Enrolled Agent or CPA to represent you.
They are correct about being able to tax your income if you were in CO, but a resident of IA. Except you get a credit for taxes paid to another state (which they would have no idea about, since you never filed your return letting them know that).
I would prepare all your returns. Figure out how each year should have been, then submit them and go from there.

Filing the old returns will not toally clear up the issue, but it will start the statute of limiations for them to change the return and to collect $ from you.

>How does one make a living as a CPA. I only see you guys actually working during tax season. How do you get paid the rest of the year?

Well, my friend, there are MANY types of taxes, and lots of people file extensions. In Summary, if you ONLY do taxes (which we do not) you have the following:

a) Federal Income Tax - April 15th extended to Oct. 15th
b) State Income Tax - April 15th Extended to Oct. 15th
c) Partnership Tax - April 15th extended to Oct. 15h
d) Corporate Tax - March 15th extended to September 15th
e) Sales Tax - Ranges from Weekly, semi monthly, monthly, quarterly, and annually.
f) Payroll Tax - each pay period, both state and federal

Now, there are indiviual cases where people have to deal with the IRS and that is whenever it happens.
Also, we do tax planning year round.

Now, small to medium sized businesses we are involved with daily to make sure everything is compliant, and to maintain a high level of planning.

That is just basic tax, there is tax research, tax court, international tax, estate tax, and more.

Other services offered: Financial planning, audits, compilations, reviews, business analysis, business valuations, forensic services, etc, etc, etc.

>What was your process of becoming a CPA? (as in what major and classes you took) How long did it take to where you are now?
>What did you do after you graduated?

1) CPA goes Undergrad in accounting, masters in accounting related topic (I did taxation). Take 4 tests, pass all with at least a 75. 1 Year work experience under a CPA, then Presto, NY State gives you a license (if you pass ethical interview).
Each state has its own requirements, though all are pretty much the same. I needed 120 college credits (36 being in accounting and 20 being in general business) to sit and take the exam, and 150 college credits to get licensed).

2) After I Graduated (and while I was in school) I worked for a CPA firm, left around sohpmore year to take a position as a controller for a media company, then graduated and opened my own practice.


>I've recently incorporated a start up food biz I'm working on. I know I need a CPA sooner or later (still pulling all the parts together, expect to start selling June/July time frame). How soon do I need one? Just saving receipts at the moment. How do I pick one? I've put out feelers but haven't gotten any references yet. What do you think of Quickbooks? Seems like the go to software for small biz. Any questions I haven't asked you feel need answering?

1) The most imporant thing for a start up and small business is to accuratley and correctly keep records of everything.
By this, I don't mean to keep receipts. I mean make a spreadsheet, and keep track of everything. Here is what the format should look like:

Date: Memo (what you bought or $ coming in from): Store (or customer): Amount: Bank Account (or cash):

2) You should talk to a CPA or EA soon, and get a better understanding of your tax requirements (sales tax, payroll tax, unemployment, disability, etc).

>>1219254
How did you get a 300K loan? What's the collateral/interest?

>>1219258
the collateral is the business and real estate that it owns. the interest is 6.3%. im only leveraging 70% of the business as well, as its worth more than 300k. the owner cut me a deal on the real estate that its on because he wants to move to florida and not deal with it anymore.

>>1219254
>>1219258
>>1219265
also the 80k net is after the employees are paid and the owner pays himself 50k for the year. i could bump up my own salary to 100k and leave the shop with 30k/year to pay off the loan quicker.

>>1218919
Never start a business on a loan you fucking retard.

>>1218930
I didn't you retard. I've been in business for years now and want to expand and I'm sick of reinvesting my own money into the company over and over again. I know damn well what I'm doing. I'm not some faggot restaurant owner or independent contractor either.

>>1218919
Vote trump and we'll make the middle class great again.

you probably could have communicated it better, maybe let him know that you're considering some other offers

>>1218467
Is it possible to not be nervous in an interview? I've had 3 this week, and I feel like I'm not coming off as awesome as I actually am

>>1218479
do a lot of interviews. or drink a beer beforehand

Because it's often true. The only thing that matters financially is post-tax, post-essential-expense income. And, like it or not, some areas are better for this than others.

That's not an argument, that's just how it is.

Different places have different costs of living. $20k/year would make you homeless in New York City whereas $20k/yr in the Philippines is 4x the average salary and would give you everything you possibly need to live.

>>1218452
you should kill yourself so you won't have any expenses at all

You need to be 18 to post here

>>1218012
I am. Tell me, what's so stupid about my post?

>>1217900
Math is only bad if you don't know exactly what you're calculating and make bad assumptions.

In other words if something related to it goes wrong it isn't math's fault

How do you heal chronic fatigue?

>>1217761
I don't know I was just asking what kind of jobs/work I could do, at least in the mean time.

>>1217761
You don't. It's a life sentence.
It can get less bad though.

I thought like an idiot that teaching would be a good idea because I could be ill during half terms which are approximately every 6 or 7 weeks
I'm in hell. Don't do it.

Do a job where you can sit down and with minimal pressure for ok money.
Or build a business from home

>>1217021
No. Take something above 101 econ before trying to discuss such things, child.

>>1217021
>that OP

this is what you get for failing macro 101

>>1217021
No you retard.

My buddy uses and recommends it, I'll download it today and get back to you OP. This thread sparked my interest.
What is your thought on it?

Why not just use robinhood and invest your spare change into meme stocks? Assuming you're in the states

>>1216659
I never used it, I am thinking about it.