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Will you qualify for a stimulus check?
Yes 35%  35%  [ 9 ]
No 65%  65%  [ 17 ]
Total votes : 26
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PostPosted: Tue Feb 09, 2021 11:19 am 
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House Democrats agreed that individuals earning more than $100,000 and couples with income above $200,000 will not be eligible for direct payments.


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PostPosted: Tue Feb 09, 2021 11:21 am 
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There is a stimulus thread in politics right?

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PostPosted: Tue Feb 09, 2021 11:27 am 
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Jbi11s wrote:
There is a stimulus thread in politics right?


Yeah, but we need a poll now that there are income cutoffs.


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PostPosted: Tue Feb 09, 2021 11:29 am 
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Jbi11s wrote:
There is a stimulus thread in politics right?


Posts a video of a public execution on twitter, complains about a stimulus topic in the General Forum


Perfectly normal behavior.


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PostPosted: Tue Feb 09, 2021 11:29 am 
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PostPosted: Tue Feb 09, 2021 11:30 am 
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Caller Bob wrote:
Jbi11s wrote:
There is a stimulus thread in politics right?


Posts a video of a public execution on twitter, complains about a stimulus topic in the General Forum


Perfectly normal behavior.

I agree

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PostPosted: Tue Feb 09, 2021 11:33 am 
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blackhawksfan wrote:
Jbi11s wrote:
There is a stimulus thread in politics right?


Yeah, but we need a poll now that there are income cutoffs.

There's always been income cutoffs you dumb bastard.

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PostPosted: Tue Feb 09, 2021 11:35 am 
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What about jean cutoffs?
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PostPosted: Tue Feb 09, 2021 11:36 am 
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Douchebag wrote:
blackhawksfan wrote:
Jbi11s wrote:
There is a stimulus thread in politics right?

Yeah, but we need a poll now that there are income cutoffs.
There's always been income cutoffs you dumb bastard.
We need some oxygen cutoffs around here.

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PostPosted: Tue Feb 09, 2021 11:39 am 
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Why is everyone so angry? LOL


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PostPosted: Tue Feb 09, 2021 11:41 am 
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blackhawksfan wrote:
Why is everyone so angry? LOL


jbills is angry cause JLN got him cancelled
Frank is angry because he might be forced to wear a mask when watching his third place 83 win team this summer.
I'm angry because I can't kill all the liberals(yet)
denis is angry cause he never, ever qualified for a stimulus.


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PostPosted: Tue Feb 09, 2021 12:08 pm 
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Lol, I am not angry about that. That check is like one day’s pay.....

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PostPosted: Tue Feb 09, 2021 12:10 pm 
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Caller Bob wrote:
What about jean cutoffs?
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I have a conundrum. Do you pull the zipper or rip off the patches?


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PostPosted: Tue Feb 09, 2021 12:15 pm 
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Caller Bob wrote:
blackhawksfan wrote:
Why is everyone so angry? LOL


jbills is angry cause JLN got him cancelled
Frank is angry because he might be forced to wear a mask when watching his third place 83 win team this summer.
I'm angry because I can't kill all the liberals(yet)
denis is angry cause he never, ever qualified for a stimulus.


Caller Antarctica


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PostPosted: Tue Feb 09, 2021 12:16 pm 
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denisdman wrote:
Lol, I am not angry about that. That check is like one day’s pay.....


You're a hedge fund tough guy!


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PostPosted: Tue Feb 09, 2021 12:19 pm 
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blackhawksfan wrote:
denisdman wrote:
Lol, I am not angry about that. That check is like one day’s pay.....


You're a hedge fund tough guy!


Neither, not tough nor managing money!

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PostPosted: Tue Feb 09, 2021 12:21 pm 
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denisdman wrote:
blackhawksfan wrote:
denisdman wrote:
Lol, I am not angry about that. That check is like one day’s pay.....


You're a hedge fund tough guy!


Neither, not tough nor managing money!

You managed JUST FINE


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PostPosted: Tue Feb 09, 2021 12:27 pm 
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denisdman wrote:
Lol, I am not angry about that. That check is like one day’s pay.....
Maybe you wouldn't have to move to Wisconsin to avoid Illinois taxes if you got it though.

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PostPosted: Tue Feb 09, 2021 12:30 pm 
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Nardi wrote:
denisdman wrote:
blackhawksfan wrote:
denisdman wrote:
Lol, I am not angry about that. That check is like one day’s pay.....


You're a hedge fund tough guy!


Neither, not tough nor managing money!

You managed JUST FINE


Yup!
Great money today.

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PostPosted: Tue Feb 09, 2021 12:37 pm 
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wait....they RAISED the ceiling? Wasn't it 75k last time, now it's 100?

I thought they were targeting it better.

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PostPosted: Tue Feb 09, 2021 12:49 pm 
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Fucking big ballin Denis.


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PostPosted: Tue Feb 09, 2021 1:29 pm 
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it's always been > 100K AGI = 0$ stimulus (for individuals, 150K starts the reduction for married filing jointly, endings at 0$ stimulus for around 200K for married couples )

it's always started to phase out at 75K at some rate per 100$ of AGI over 75K. previously they've reduced it by $5 per extra 100 of AGI. So 77K AGI previously would get 100$ less in their stimulus check. They'll likely have to adjust their math to get to 0 by 100K for individuals, or raise the cut off limit to $103K, maybe? I dunno.

Good news is that if you have an adult dependent (kid in college or your Panther's FiL) that adult dependent gets $2000 this round.


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PostPosted: Tue Feb 09, 2021 1:57 pm 
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Hussra wrote:
it's always been > 100K AGI = 0$ stimulus (for individuals, 150K starts the reduction for married filing jointly, endings at 0$ stimulus for around 200K for married couples )

it's always started to phase out at 75K at some rate per 100$ of AGI over 75K. previously they've reduced it by $5 per extra 100 of AGI. So 77K AGI previously would get 100$ less in their stimulus check. They'll likely have to adjust their math to get to 0 by 100K for individuals, or raise the cut off limit to $103K, maybe? I dunno.

Good news is that if you have an adult dependent (kid in college or your Panther's FiL) that adult dependent gets $2000 this round.

Damn good thing it was my year to claim my college kid in 2019.

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PostPosted: Tue Feb 09, 2021 2:14 pm 
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I guess it's a good thing my last kid is still in school- year five on her way to CPA/MBA!!

(she may be earning too much from her winter semester tax accounting internship to qualify, but you'd think a tax accounting intern should be able to find a few loopholes...)


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PostPosted: Tue Feb 09, 2021 2:14 pm 
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Nardi wrote:
Caller Bob wrote:
What about jean cutoffs?
Image

I have a conundrum. Do you pull the zipper or rip off the patches?


Those things cost $1,100. So definitely don't damage them.

https://www.dailymail.co.uk/femail/arti ... indow.html

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PostPosted: Tue Feb 09, 2021 2:20 pm 
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a retard wrote:
Nardi wrote:
Caller Bob wrote:
What about jean cutoffs?
Image

I have a conundrum. Do you pull the zipper or rip off the patches?


Those things cost $1,100. So definitely don't damage them.

https://www.dailymail.co.uk/femail/arti ... indow.html

Worth every penny


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PostPosted: Tue Feb 09, 2021 3:16 pm 
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K Effective wrote:
I guess it's a good thing my last kid is still in school- year five on her way to CPA/MBA!!

(she may be earning too much from her winter semester tax accounting internship to qualify, but you'd think a tax accounting intern should be able to find a few loopholes...)


Questions for you. CPA is not a degree. Do you mean she is sitting for the exams?

In her graduate work, is it just a regular MBA program or does she have an accounting concentration. A general MBA is a tough leap to the CPA exams, and you might not even have the required course survey to sit for the exams. Now, if she is an accounting undergrad, then she should be fine.

I had to take extra classes to get the required courses to sit for the exams. I did not have tax or audit because my grad degree is in finance.

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PostPosted: Tue Feb 09, 2021 3:36 pm 
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denisdman wrote:
K Effective wrote:
I guess it's a good thing my last kid is still in school- year five on her way to CPA/MBA!!

(she may be earning too much from her winter semester tax accounting internship to qualify, but you'd think a tax accounting intern should be able to find a few loopholes...)


Questions for you. CPA is not a degree. Do you mean she is sitting for the exams?

In her graduate work, is it just a regular MBA program or does she have an accounting concentration. A general MBA is a tough leap to the CPA exams, and you might not even have the required course survey to sit for the exams. Now, if she is an accounting undergrad, then she should be fine.

I had to take extra classes to get the required courses to sit for the exams. I did not have tax or audit because my grad degree is in finance.

I thought most programs required an MSA these days if you’re majoring in accounting. If the school’s intent is to pump out CPAs, requiring they have 150hrs by the time they leave so that they can actually sit for the exam seems logical.

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PostPosted: Tue Feb 09, 2021 4:14 pm 
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In Illinois (I do not know the rules in other states), you need 150 credits to sit for the exam. Your accounting hours must be 24 undergraduate hours or 15 graduate hours. You must have at least one class in each of financial accounting, managerial accounting, tax, and audit.

Many accounting focused schools moved their undergraduate accounting degrees to 150 hours so that students could sit for the exam upon graduation. Smart students double major in accounting and finance.

There is no graduate school requirement for the CPA exam.

The rules get updated often, so if something changed, then sorry. It is easy to look up.

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PostPosted: Tue Feb 09, 2021 4:21 pm 
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that seems like an awful lot to do what QuickBooks does (sans the element of human error)


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