Seeing it firsthand. Book net income: $5,000. PPP Loan forgiveness: $1,500,000. Owners distributions: $1,500,000.

tfw you realize you could have earned just as much money as a high-end lsat tutor

Is it financially irresponsible to buy a home that requires you to divert what you’re currently saving / investing monthly to pay the mortgage?

1/3 Question on tax treatment of nonpriority unsecured claims converted into long-term note decreased total liabilities under Chapter 11. An accrual based C-Corp taxpayer completed a Chapter 11 reorganization and converted a total of $1M A/P to suppliers into a $410K LT note (a $590K liability reduction). Should we view this $590K as the Sec. 108(a)(1)(A) excludable income? After reading through IRS Pub 4681, I think it makes sense to view the $590 as "Reduced Price After Purchase", but not

Just checked coinmarketcap and with the exception of tether the top 85 coins by market cap are all down in the last 24h

Anyone live in the centerville area? Do you like it? No kids, looking to buy a place with my husband. We would like something walkable, condo, with at least a bit of a social life. Too much to ask?

Is a 900k net worth for a single person at almost 40 good or terrible? I see posts from our US counterparts on net worth and salary and feel so behind yet we have such a high COL in Toronto.

Is this a bad rate? 3.375 with 20% down on a condo in central Florida. 780+ credit score

Is now a good time to buy a house in Austin? I’ve been casually looking all summer expecting prices to come down but they haven’t moved much even with recent rate hikes. Do you think 2023 will be better for buyers?

Bought some litecoins on Coinbase - how long does it take for transaction to go through and owning the coins?

Has anyone made a property purchase using sheriff sales? Can you shed any light on the process or share tips or resources?

What is the difference in subscription to notified and subscription to approved mutual funds?

Hi everyone.

Any day trader guru here? Suggest me where I can learn trading methods and knowledge. I won't start trading now until I feel my techniques good.

TIA

Anyone here ever had any experience using a 203(k) loan? How wild you rate your experience?

Anyone willing to share what assets they're investing in with the extra money from being overemployed?

Does it make sense for me to acquire a portfolio of small margin-rich businesses but currently in duress due to COVID? I have $1.3M liquid earning 2% in a HY savings act - offer cash to owners for eq?

Is it worth moving to western countries if you have a stable life in India and the household income is close to 3 lac per month?
What are the advantages and disadvantages of this move?

What would be a reasonable cost of renting for a single expat dude in Singapore living in decent area ? Would sgd 4K suffice ?

Any upcoming/recent grads starting at PwC for consulting in NYC this summer/fall who would want to connect? Would love to get to know some people before starting. (Also would appreciate any likes since I just joined and a lot of features are locked lol)

Any good business/consulting books on amazon kindle that y’all have read that has helped you in your job?

Hi Fishes

Please give me 11 likes. Need to DM directly.

What does your (romantic) partner do? Is there a big income disparity between the two of you?

Is reaching out on Linkedin the best way to contact a recruiter, or should I look for their professional email?

What's a guilty pleasure you indulge in at work?

I have pretty strong social phobia and am worried about making friends. I'm going to be working for an engineering company so I imagine I don't have to be really up on the latest trends or anything but how can I talk to people without making it sound unnatural?

Anyone have CFP Prep books they don’t not need anymore?

New to the city and looking for people to hang out with!
23F, if that matters!

Unfortunately the US CPE course that i pursued was same as the course that i did last year and hence i didnot get credits and became NON-compliant as of june 2021. Can anyone please advise on what to do to become compliant?

Hi everyone,

I have offer from S&P Global as a QA and ZS Associate as a Test Engineer.

Which one is better to join ?

VC community - a recruiter (from an external agency) reached out to me in regards to a strategy position in the VC firm’s local office but I feel tremendously under-qualified as someone with less than a year of consulting experience. Do I have a chance to interview? How might I best demonstrate interest and competency?

Sort of houseplant related... but does anyone actually have experience with large fake plants, specifically the best places to get them? I have a large collection of live houseplants but I wanted a large (5’) fake plant for a place in my house that gets little to no sunlight. A lot of the ones I’ve seen look super cheap for how much they cost and I figured someone here might have some good advice :) TIA

MLS or CLS what the catch to travel? What are your pros and cons ?! Who do you travel thru?

Hello. I just completed My Masters in Engineering (Mining Engineering) from Laurentian University. I have been looking for a job in mining or civil engineering from past 2-3 months, havent even got a reply yet, reason being i dont have canadian experience. Even though i do have 3.5 years experience from my home country, without canadian experience i get rejected at even entry level jobs. Does anyone know what to do ? please help me

How do you for sure if big 4 is not for you?

So, how about those sch k2/k3 filings? Are we having fun yet?

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

Processing time for cpa license in MA?

Advice on networking? Especially if you don't have common interests... find it kind of hard being an Asian and not really interested in sports or watch Netflix!

Women in PA - talk to me about times you’ve felt marginalized in the workplace

Any thought on tax resolution or going to work for a tax resolution firm?

What’s ettiquette on connecting with partners who interviewed you on LinkedIn

Do hours and intensity differ when working in NYC tax for a small city office?

I am applying for a new job. Would anyone be willing to review my résumé and make suggestions based off of the job description I am applying for?

Is it normal that we still manually enter numbers by each account to caseware instead of importing it ? Because the TB client gave often have no account code.

Can someone please explain how WAC% are computed?

Anyone have an interest in crypto and want to join our crypto consulting tax practice? The firm I work for does consulting for celebrities and high net worth individuals on their crypto positions. You learn a lot about leading edge web 3 and we have a good team of people, so much work to go around.

Today’s my bday. Also my beloved family dog is getting put to sleep due to cancer. I didn’t take the day off today for either reasons. Do I have my priorities messed up right now?

Anyone from TSIT group can provide some feedback/experience for the team? thanks

My contract is about to end. Looking for new opportunities within the company and outside in big4. I am not sure why I don't get any calls. I keep on posting for long but no calls at all and auto email response for no selection! Anyone having the same problem? Is it very normal especially with big4s?

How does one get on at a family office?