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Brew

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Everything posted by Brew

  1. This says all anyone needs to know about you as far as this discussion goes.
  2. Not sure why it matters in this context but 16/14. Saw your second post, not in TX we’re in TN. TX is on their list of “not moving there” states just like FL at this point primarily because of the abortion bill for TX. They also go to church every Sunday and attend private school, so those things aren’t mutually exclusive to being reasonable and open minded.
  3. Not to mention screwing with districts, TN just completely jacked up Nashville’s districts to try and isolate the D vote as long as they can.
  4. Which goes further to exacerbate the differences among us. Instead of spending timing together and discussing our differences to find common ground, everyone is running to their proverbial corners of the country. I want my kids to understand people’s differences and accept/celebrate them for it which becomes harder as we go forward and isolate with like minded individuals.
  5. Desantis is a piece of shit capitalizing on the fear mongering that has exploded in recent history. The problem with that is his state along with Texas (Abbott), TN (legislature), and others are attracting people to those states that are chasing that message which will only exacerbate the problem. I can’t tell you how many new clients I met with this year that had moved in because of no income tax and our ultra conservative legislature. Reading through the last 10 pages of this thread has been interesting. The fear mongering and words that are used in these debates are ridiculous. It’s no different than going after immigrants for the outliers, going after other races for the outliers, etc. Your examples are 1 in a million and shouldn’t drive the narrative for the population. You don’t legislate against a specific group because of the outliers. Schools need to be educating our children about everything that goes on in the world and “grooming” (which is another stupid fucking word that is everywhere) them to be tolerant, educated, individuals. If your backwoods ass wants to teach hate (intolerance manifests hate pure and simple) at home, there isn’t anything anyone can do to stop you. Let’s let the schools give them the worldly viewpoint and education they need to operate in the world today. Intolerance, ignorance, marginalization, etc breeds hate which then leads to people dying as a result. It’s that simple, look back through history as a guide of you don’t believe it. I’m a high income, white, fairly conservative, church going, male and this stuff makes me sad for the future of my two girls. They both want out of this state as quickly as they can, so hopefully we’ve done our part to make them see the bigger picture.
  6. It’s already changing at the top of the industry, they are looking for less CPA’s and more data analytics people. We’re pretty rural and we’ve diversified into IT, marketing, investments, HR consulting, software/app development, transaction advisory, etc as we move more towards “holistic” advisors and less towards straight numbers people. We also buy real estate, buy/sell business interests, invest in client entities, etc so I look at myself and our group as entrepreneurs rather than CPA’s at this point.
  7. I don’t know if it’s much lower than it needs to be. Realistically, I need 28 or so partners on a 30 year rotation out of about 225 employees or so. That works out to 1 out of 225 a year making partner if the cycles matched up perfectly with exits. I probably hire 20-30 a year across the firm as people cycle out and as we grow, so I’m not really looking for a high percentage of people displaying partner potential. I think we’ll have to replace 1.25-1.5 per 1 that leaves with the change in work styles, but that still doesn’t really skew the numbers that much to where I’m looking for a significant number of partners.
  8. https://www.espn.com/nfl/story/_/id/33297949/nfl-draft-which-teams-gotten-best-value-2012-rank-all-32 ESPN thinks Dallas has gotten the 4th best value out of their last 10 year’s worth of drafts. I wonder how much Dak props up their overall rankings in whatever way they valued picks.
  9. There is a clear difference between those that are there for the paycheck and those that view it differently. Of course everyone expects to get paid, that’s a given. I have plenty of people that work for me that are happy with what they are paid and do what they do. There are others that are looking for something more in an organization they are committed to. They aren’t just their for the paycheck because a paycheck can be found anywhere.
  10. Both kids are on the payroll up to the standard deduction cutoff, max a Roth IRA and then the balance into traditional brokerage accounts that are invested for dividend returns, not moonshots. They also have 529’s that we put some into annually. I haven’t worried as much about college, the IRA’s can always be a fall back if needed. For their money the make babysitting or whatever, they have checking/savings accounts at a local bank that it all goes into that they spend on their own. If it hits a certain balance, we roll some more over to the investments account.
  11. I missed the page that led to my earlier response. I find your viewpoint of the employee/employer relationship lines up with what I see from a section of our workforce, those not looking for upward mobility and that are just there for a paycheck. My expectations for what our employees have to do has changed a lot over the last 10 years. There is no point in making the “back in my day” argument because it’s not relevant at this point. However, if you expect to move up then you better understand early that we’re not a M-F 8-5 job 52 weeks of the year. We respect your time and allow you to come and go as needed during the day, but there are times when you have to be available. You’re probably going to miss a few things along the way. It is what it is if you want to move up. We had a client appreciation dinner tonight for 40 or so clients, my core group was there. I don’t think any of them were at the office very long today, but they were all there tonight coming out of a period where they already missed some nights and Saturdays. There is no doubt that employees hold more cards than they ever have. I think they should probably be smart about how they play those cards though.
  12. May help my ski bunny pickup game assuming my wife would sign off which she probably will not. At one point in life I thought I could end up working on the accounting side for one of the resorts, I’m going to pass on that one. If FL wasn’t becoming such an f-ed up shit hole, I would probably just go that route and fish year round.
  13. I still want to do what I wanted to do at 18, work the ski resorts in the winter and take people fishing on the coast in the summer. Getting married too young and having kids set that back a few years, but I’m still shooting for it. I could probably do it inside the next 5 years, but I think I’m going to wait 10-12 and shoot for 55. I’ll have 20 years in as managing partner at that point and it will be past time for new blood to take this thing wherever it’s going to go.
  14. I’ll dox myself if anyone wants to take the time to do a little searching. I don’t really care if anyone knows who I am because I don’t post anything I would be ashamed of in real life. Saying that, I run a top 125 accounting firm that will be top 100 inside the next couple of years. There is no doubt AI is coming for a portion of our industry, but it is a lot of the lower level repetitive work we have already walked away from. It’s also why we’ve diversified into investment management, marketing, app/software development, IT, etc. AI is going to fundamentally change a lot of industries including accounting, but to say it’s coming for my livelihood shows you don’t know where the industry has already evolved. Hell, the AICPA has been telling us for at least 7 years now that we’re 3 years away from blockchain fundamentally revamping the industry. Everything changes, those that adapt will profit and survive, those that don’t will not. I don’t make any money entering checks and deposits to generate someone's financials now, it used to be a large part of what firms do. I make 5x what the high partners did in those days, you adapt and capitalize.
  15. Voted yes earlier as well. For the record, two sides agree makes it sound like a completed trade occurred. Sounds like one partner on a two man team didn’t like the deal after it was completed. Don’t know that I’ve seen one get canceled after the fact.
  16. Agree. I’ll use the seamaster with the rubber band most of the time. I’ve really liked the rubber band. This one is more for when I have to dress half decent.
  17. New Speedmaster showed up today. Definitely need the leather band for it when it comes out this summer.
  18. You sure run to the moderators a lot. Maybe just read some threads, post some responses, and move on with your day. As far as travel, trying to decide on an island spot the end of next month that we can get into and back out of easily. All are vaccinated so that part isn’t an issue. May end up just going to the Keys for a few days for simplicity, but I need to start seeing what each of the islands is requiring for in/out travel.
  19. That looks like a whole lot of not much fun.
  20. We ordered ours back over the winter. Wife spent a small fortune on the furniture, we’ll see how well it holds up versus the cheaper stuff we normally have used. Hopefully it will be here in the next week or so as we’re finally getting towards the finish line on this project. We’ve been waiting on the right color replacement travertine to come in and then we should be done.
  21. Temporary housing would as it’s no different than a relocation bonus. Most of the actual moving expense would not be included.
  22. They can’t that I know of from a check, the efile had to be set up to draft which means you are probably going to double up.
  23. Is your new employer legit and know what they are doing, parts of the move should have been nontaxable if handled correctly.
  24. $1100 is related to unearned income, earned is $12,500 cutoff.
  25. You can only make up to $6k a year non deductible contributions. You can convert whatever you have in nondeductibles whenever you want tax free as long as there isn’t an IRA out there that has deductible contributions in it. Lots of people make two years non deductible by 4/15 then roll both at the same time.
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