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Hokie CPA

Joined: 10/28/1999 Posts: 79477
Likes: 9047


Really wish clients would call when they're going to do something out of


the ordinary.

Client bought a long-time employee a cruise and ran it through "Gifts" on their general ledger. That will give the IRS fits. Have to go back and amend payroll tax reports to make it taxable compensation to the employee. Would have been a lot easier if they'd called beforehand so I could have told them how to do it right in the first place. #TaxSeason

Posted: 01/31/2018 at 12:50PM



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Current Thread:
  Agree -- bigbadbird 01/31/2018 2:15PM
  Call it a training seminar ** -- 81_Hokie 01/31/2018 1:33PM
  I kid! ** -- 81_Hokie 01/31/2018 1:55PM
  It's an hourly business ** -- bigbadbird 01/31/2018 1:00PM
  This is why employees can't have nice things. -- Naelbis 01/31/2018 1:00PM
  Then why would they hire you? ** -- Technocrat 01/31/2018 1:00PM
  Yeah, but ... -- Nova Hokie 95 01/31/2018 12:58PM
  Deleted. CPA cleared up below.** -- CochraneResident 01/31/2018 1:20PM
  Nah. Boss will cover it. ** -- Hokie CPA 01/31/2018 1:18PM

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