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Posts by Derek Foote, CPA

Starting to look into my UT renewal after falling off my contract.

The last year of my contract was for 10 states and Planner CS with 1 state. Total cost was $8,396.

The current online renewal is $16,056, after $12,904 in "special credits" and discounts.

That's a 101% increase. #TaxBS #TaxSky

1 day ago 0 0 0 0
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The Fascinating History Of How Income Taxes Got Americans Hooked On Cocktails The new tax revenue enabled Prohibition, which led to bad booze. Cocktails were used to mask rough spirits. Here’s the story, plus a few recipes to try.

Taxes didn’t just fund the government.
They quietly rewired American drinking culture.
Income tax made Prohibition possible.
Prohibition made bad booze common.
Bad booze made cocktails necessary.
So yes… your drink has a policy backstory. 🍸
History loves a plot twist.

www.forbes.com/sites/kellyp...

5 days ago 16 2 1 1

My hairstylist was doing taxes on her phone, and I took it to help (while she cut my hair), and it was a wildly uncomfortable system.

I couldn't see the tax return. Didn't have the W-2 it imported for her. Told her I had no way to know if it was right or not. I couldn't *see* anything.

1 week ago 0 0 0 0
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a man in a silver suit is standing in front of a printer . ALT: a man in a silver suit is standing in front of a printer .

except "icecream"

1 week ago 0 0 1 0

I think 8am is my "late" morning anymore.

1 week ago 1 0 0 0

I'm apparently "I slept wrong and now my hips ache like I ran a half marathon" years old today.

1 week ago 3 0 1 0

My anxiety/stress brain taking drag bingo and one mention of Backrooms and turning it into a dream about some creepy, draggy, fun house, nightmare is not appreciated.

1 week ago 1 0 0 0

Some preliminary numbers, as final projects wrap up, heading into 4/15 #TaxBS #TaxSky

30 PTEs done
67 1040s done
8 1040s on hold pending PTEs
6 PTEs on hold for open items
19 unwatached looms
8 wrap-up meetings
19 more hours worked (as of last week)
41 post-cut-off projects to start (not today!)

1 week ago 0 0 0 0
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Sunshine vibes for surgery (pupper's knees) and tax season recovery.

1 week ago 2 0 0 0

I say it every year and have yet to find an ideal solution #TaxBS.

I loathe extension calcs.

Quick, dirty, work for anxious people. And no one likes surprises.

My EL says I won't do them. But then I feel guilty or know too much to comfortably do $0/SALY. But then you have to justify it. Ugh.

2 weeks ago 1 0 0 0
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NASA's Artemis II Live Mission Coverage (Official Broadcast)
NASA's Artemis II Live Mission Coverage (Official Broadcast) YouTube video by NASA

Got about 10 minutes to launch if you're not watching.

2 weeks ago 0 0 0 0
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Man I'm a dork, but also this is probably one of the best household investments we've made.

That and the Brother laser printer that's been going strong for over 10 years.

3 weeks ago 1 0 1 0

No kidding. And we'll just throw complex taxes and a high workload on top if it!

1 month ago 0 0 0 0

I only have anecdotal evidence, but this March feels particularly spicy when it comes to patience and attitudes.

Tax season is always a thing, but it seems like clients and taxpros are more on edge than usual.

1 month ago 0 0 1 0

But what about the song? Worth it?

1 month ago 1 1 1 0

How did all the "get shit done" early risers manage to let them sneak in Dayligh Savings? I don't want to start my day in the dark again!

1 month ago 1 0 0 0

It's weird to be at a con and hear from someone who seemingly has little reverence or appreciation for the work that brought them here.

His first response to a Star Trek question was saying "I've never watched any of it."

"I don't know anything about anyone in Star Trek, including myself."

1 month ago 1 0 0 0

Seeing William Shatner at a con is an interesting experience.

He's a mix of rambling old man, grifter (lots of mentioning his upcoming albums), and kind of being a dick to people asking questions as a source of "humor."

Felt like a lot of being talked at with throwback his rambles for humor.

1 month ago 1 0 1 0

Did I say too many?! I like the tree facts!

1 month ago 2 0 1 0
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A friend's pointed alternative.

1 month ago 2 0 1 0
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What it feels like some days. #TaxSky #TaxBS

1 month ago 3 0 1 0
a tiny light brown dachshund is being held up by a human who is out of frame. they are at a beautiful snowy mountain range that looks straight out of a Pinterest photo. the dachshund pup, Frankie, is wearing a full body puffer jacket that matches her light brown fur perfectly.

a tiny light brown dachshund is being held up by a human who is out of frame. they are at a beautiful snowy mountain range that looks straight out of a Pinterest photo. the dachshund pup, Frankie, is wearing a full body puffer jacket that matches her light brown fur perfectly.

This is Frankie. She just got a fancy new puffer and thinks she’s better than everyone now. And she is correct. 13/10 (IG: frankielasaucisse)

1 month ago 10836 1018 239 69

Here's an example of how complex PDX-metro taxes are (and taxes in general). I just transmitted three 1040s (individuals):

Two PDX sole proprietors and an s-corp owner with two states.

Fifteen tax returns. For three taxpayers.

1 month ago 1 0 0 0

Oh man, I had not heard this in forever.

1 month ago 0 0 0 0

"Let's go disappear into the woods," I said to my husband this morning.

Amended to "disappear to a cabin with all the amenities and fast internet" for clarification.

1 month ago 1 0 0 0

I have roughly a third of all my projects for this tax season currently on hold because the software has errors in Oregon filing.

One of those errors is hidden in the XML metadata that's part of the e-file transmission. You'd never know it's there, looking at the tax returns.

1 month ago 0 0 0 0

How to know you're a valued customer of a stupidly expensive professional tax software (this is sarcasm Thomson Reuters).

- Their only tech support or bug reporting is via the phone.

- I can't log into my account via Firefox, Edge, or Chrome to get my account information to make a call.

1 month ago 0 0 1 0
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No brain, it is not time for weekend mode! It's not even Friday, and you work on Saturdays right now!

2 months ago 0 0 0 0

IRS delays continue to be a cause for disruption. Hopefully, this floodgate will be open next week. #TaxBS #TaxSky

- 18.75% of all my projects in the door are on hold.
- 20.30% behind prior year revenue.

When it does open, it'll be great, but it'll also mean less forward momentum catching up.

2 months ago 1 0 0 0

My "A" key started giving out yesterday. The intermittent drops were amusing for discord, annoying for work.

My attempts to clean and swap the switch only killed it for good.

So, new Keychron coming Saturday!

Hot-swapping my whole gaming keyboard for the time being. 🫤

2 months ago 1 0 0 0