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Introducing our integration with Intuit ProConnect Tax, boosting efficiency & profitability this tax season. Seamlessly import ProConnect clients into Ignition, send bulk proposals, and simplify fee collection. Visit our stand at #QBConnect in Vegas from Nov 13-15! #Taxtwitter

40,453 Aufrufe • vor 2 Jahren •via X (Twitter)

5 Kommentare

Profilbild von Ryan Lazanis
Ryan Lazanisvor 2 Jahren

@Intuit Who cares about this new feature. The more important thing is that I think @mckanas might be your next TikTok celeb!

Profilbild von Ignition
Ignitionvor 2 Jahren

@Intuit @mckanas Everyone should care about this new feature! But @mckanas does have some serious on-screen potential 😎

Profilbild von Orumé Hays, CPA She/Her
Orumé Hays, CPA She/Hervor 2 Jahren

@Intuit 👍🏾, I would visit Ignition if I was there. Autocorrect drives me nuts!

Profilbild von Ignition
Ignitionvor 2 Jahren

@Intuit Thanks, Orumé, we'll catch you at another event soon!

Profilbild von Am Israel Chai
Am Israel Chaivor 2 Jahren

@Intuit Lacerte as well?

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Yesterday I was opportune to be part of a Town Hall event organised by Channels Television anchored by SeunOkin Channels tv to discuss the Tax Reform Bills currently before the national assembly. The bills have seen significant opposition coming from some northern leaders and the NGF, especially on the issue of VAT revenue sharing among the states with many calling for the bills to be withdrawn by the President on account of this singular issue. Personally, I feel that part of the opposition from the bills stems from ignorance of the actual provisions contained in them or misconception of some aspects of the bill. However, when we look at the amount of VAT revenue that is triggering this whole haggling, you'll realise how precarious our revenue situation is. A dispassionate look at the data is essential to guide our positions on the necessity of these tax reforms. By the end of 2024, we may hit a record VAT collection of N6 trillion but that's just around $3.5 billion. In many states, their share of VAT revenue from FAAC in a year is bigger than their entire IGR! How on earth do you develop with such a revenue profile? This shows clearly that we need to reorganise and re-engineer our finances for optimum performance. This is what these bills seek to do. Although, increasing revenue collection is actually one of the intentions of these reforms but it is not the MAJOR reason. The major aim is to remove all the cogs and bottlenecks that affect growth and profitability of businesses in Nigeria by reducing their tax burden and exempting the small businesses from paying income tax. The vast majority of Nigerians who are poor would also be exempt from paying income tax. We're talking about 90% of Nigerians here! In other climes, any piece of legislation that brings overall tax relief to low income earners is always a popular bill with massive support. It is therefore bizarre that some persons are up in arms in Nigeria to oppose this kind of landmark legislation and they claim they're fighting for the masses. Data and logic should guide our positions and not sentiments or mischievous ignorance. Any reservations held by any individual or group about any section of the bills should be presented to the NASS during the public hearings and not calling for the withdrawal of the bills. Let's be serious in this country please.

Michael Chibuzo®

16,022 Aufrufe • vor 1 Jahr

“Netflix posted $1.47 billion in revenue in Australia in 2025, $1.35 billion of which was sent overseas as “distribution fees” to its parent entities. After its offshore fees, Netflix Australia had $119 million in revenue and $20 million in profit. It paid $16 million in income tax and paid a dividend of $41 million. This allows them to transfer vast amounts of money abroad, very little of which is taxable in Australia. Netflix had an effective local profit margin of 1.4 per cent of its total Australian revenue. “A distribution fee is paid by the company under this agreement, and the operating margin retained by the company is an arm’s length return in accordance with the Netflix Group’s transfer pricing policy,” the accounts say. There is no suggestion of wrongdoing by Netflix.” •••••••••••••• Globalists often talk about tariffs and how bad they are for free trade, but you rarely hear them complain about reverse tariffs whereby multinational companies can send profits offshore at tax rates much lower than onshore tax rates. Netflix has a local operating profit margin of 1.4% while their worldwide operating profit (see accounts in comments) was 28%. Multinationals get away with shifting so much money offshore because of our tax treaties allow them by setting withholding tax rates well below the onshore company tax rate. For example the withholding tax on royalties paid to the U.S. is just 5%. (See link below) Netflix can save 25% in every dollar it transfers offshore. So 25 cents on $1.35 billion transferred offshore is $338 million in lost company tax to Australia. To be fair to Netflix, some of the fees paid offshore should be offset by production costs but not at rate of 98.6% in the dollar. I.e 1.4% margin. is the only party that understands transfer pricing. We will apply a 25% withholding tax on all offshore payments that exceed the operating profit ratio of its worldwide entity.

Gerard Rennick

64,200 Aufrufe • vor 1 Monat

Exciting News from the Knakal Map Room Bob Knakal here, and I’m thrilled to share some exciting news about my latest venture. After a period of reflection and immense support from this incredible community, I’m proud to announce the launch of BKREA (BKREA). BKREA is born from an entrepreneurial spirit reawakened, with a vision to redefine the capital markets landscape through investment sales, debt, and equity. This wouldn't have been possible without the heartwarming texts, DMs, and voice messages from many of you. Your support during the challenging times was incredible, and I am deeply grateful for every word of encouragement. In the past few weeks, I've met with numerous individuals and companies, each with fantastic platforms and innovative ideas. Yet, it became clear that forging our path, creating a company for a new age, was the direction to follow. Reflecting on how the world has transformed since I began my journey in 1984, without a computer, fax machine, or cell phone, I’m convinced that the next five years will bring about even more dramatic changes, especially with advancements in AI. At BKREA, we’re embracing this future by integrating AI technologies to interpret data in new ways and streamline our transaction processes, all while holding onto our valued analog methods, like those cherished here in the map room. Our commitment is to our clients, ensuring the best outcomes through innovation and efficiency. I’m also excited to introduce Seth Samowitz as our new COO. With a tremendous background in AI, Seth is the perfect leader to guide us in this new direction. Our goal is to assemble the best team for our clients, selecting top talent across the entire market to ensure the finest execution in every venture. Moreover, we’re launching the Knakal Affiliate Program (KAP) to strengthen connections and collaboration within our industry. I encourage you to visit our website, to learn more about how we’re transforming real estate advisory services. My cell number remains the same, and I’m eager to connect or reconnect with many of you. Feel free to reach out at [email protected]. A huge thank you again for your support and kindness. I look forward to connecting with you online or at events. Here’s to a future where tradition and technology converge to create value for our clients!

Bob Knakal | NYC Investment Sales

181,948 Aufrufe • vor 2 Jahren

I’ve Been Holding Onto This Video & Now That Donald Trump Suggested Eliminating The Income Tax & Replacing It With Tariffs You Should Watch This “I don't think people understand the depth in which the federal income tax has screwed the American people because the income tax didn't exist for the first 137 years America was a country. It was implemented in 1913 and shortly after that, the income tax would become the government's primary source of generating revenue. The government would basically own your labor. So you’re taxed at 33%. 1/3 of your work for the entire year belongs to the government. But before the federal income tax, tariffs were the government's primary source of generating revenue. So the government would come along and say, if companies want to import goods from other countries, they have to pay a tax on those goods. And this was the government's primary way of generating revenue. So let's use Nike as an example. They want to outsource their labor to other countries, India, China, and basically hire people that work for under $1 a day, basically sweatshops. They want sweatshops. Well, when they go to import those goods into the United States of America, they would be forced to pay that tariff. So if it's 25%, they would have to pay a 25% tax on the value of the goods coming into the country. Now, they could either pay that themselves in which now the government's primary way of generating revenue is through these international corporations that want to outsource labor and do international business, or they could negotiate with the company that they're importing from. I mean, in this case, it's themselves, but if they're working with another company, they could say, hey, if you want us to keep manufacturing in China, if you want us to keep manufacturing in India, you have to help us with these tariffs. And now the government's primary way of generating revenue would not be by taking money from you, the federal income tax, but it's from charging those international corporations and corporations that are in other countries. Isn't that a lot better than them taking the money from me and you? And yes, the price of international goods might go up. In fact, price of goods will go up. But that's okay because there's also an additional incentive for companies like Nike and all companies now to manufacture goods in America, which means American manufacturing would boom. And this is in theory, this is what had actually happened and what the federal income tax really took away from us because from the period of 1860 to 1900, America had emerged as the preeminent manufacturing country in the world. American steel, American oil, Europeans would come to America and they couldn't believe that we had electric powered curling irons. The United States of America, our country had become the innovative center of the world and jobs were booming. People talk about 1910 1920 1930 with the unions with Detroit and Detroit being the manufacturing center of the world, but that was really all of the United States of America. But once the federal income tax was passed, once that was established, the government no longer needed tariffs to be its primary source of revenue. Now the primary source of revenue was reaching directly into our pockets. And once the government was able to do that, they were able to seriously consider abandoning economic protectionism, abandoning those tariffs so that international corporations could outsource our jobs to other countries and the government wouldn't be hurt. The cost of goods would go down and the international corporations would do better than ever. But we would lose our jobs and the government would take ownership over our labor. And that was the real cost of the federal income tax. ‌ And that's the conversation they don't want Americans having” I can’t transcribe it all due to X’s text limits but this is an excellent listen

Wall Street Apes

813,646 Aufrufe • vor 2 Jahren

🚨 TIME TO SHUT DOWN CAIR – THE TAX-EXEMPT THREAT TO LAW ENFORCEMENT While brave ICE agents put their lives on the line every day to enforce our borders and protect American communities, CAIR continues to operate as a federally tax-exempt 501(c)(3) while openly celebrating and training activists to harass, obstruct, and "chase away" federal officers. At a recent CAIR-hosted event in Washington, D.C., speakers - including CAIR affiliates - projected videos of real-life confrontations with ICE agents. One activist was shown approaching officers, shouting demands for warrants, shaming them, and instructing immigrants to barricade doors and stay hidden. On stage, she proudly boasted of successfully "chasing ICE away seven times" in her area, framing it as a winning strategy that works when communities mobilize. This wasn't isolated activism - it was a blueprint: Teach emotional agitation to rile up crowds, create hostile mobs, and interfere directly with federal operations. All broadcast from a tax-exempt stage, giving it legitimacy and IRS-protected funding. Add this to CAIR's documented history:FBI wiretaps linked its founders to a Hamas-support network. Named an unindicted co-conspirator in the Holy Land Foundation case—the largest terrorism financing prosecution in U.S. history—where prosecutors tied it to the Muslim Brotherhood's efforts to fund and shield Hamas. Multiple states (like Texas and Florida) have designated or denounced CAIR as tied to foreign terrorist entities. Now, in 2026, momentum is building: House Ways and Means Chairman Jason Smith has formally referred CAIR-California to the IRS for investigation into potential misuse of taxpayer funds, misleading disclosures, and activities inconsistent with tax-exempt rules - including support for disruptive actions. Why is the federal government still tolerating this? A group with these ties platforms interference with federal agents, enjoys tax breaks, and faces no real consequences? Revoke CAIR's tax-exempt status NOW. Launch full investigations into their network. Designate and ban them as the security threat they represent. Our ICE officers deserve protection - not organized hostility funded by American taxpayers. Demand action from Congress and the IRS today!

Amy Mek

13,793 Aufrufe • vor 5 Monaten

David Friedberg: California’s “Billionaire Tax” is a Trojan Horse to Go After the Middle Class's Private Assets david friedberg: “The reason they're calling it a billionaire tax is to make it easier for people to vote for it, and sign up to this entirely new tax system that they're proposing to put on all Americans at some point, and for the first time ever degrading our private property rights.” “Forget about how much wealth you have, forget about how rich you are, forget about the term billionaire, millionaire, whatever it is.” “We're creating, or proposing the creation, of a new tax system that allows the government for the first time ever to come in and audit everything you own.” “All the jewelry your grandma gave you, the value of all the couches in your house, the value of your car, the value of all your stocks and bonds, and the government can come in, and for the first time, look through the veil into your personal property.” “And say, ‘Here's how much all this stuff is worth. I'm charging you a percentage of that. That's what I need to get paid.’ And it doesn't matter that it starts with billionaires. What matters is that we're giving the government the right to look into our private property and take a percentage of it every year.” “The total net worth of billionaires in the US is $8 trillion.” “The net worth of the US, the middle class, and everyone else is $170 trillion, compared to $8 trillion of the billionaires.” Chamath Palihapitiya: “They need a way to open the door so that they can go after the real honey pot.” “The real honeypot is not 200 people.” david friedberg: “Just so everyone understands the real goal of this is not to tax billionaires, because there are other ways to tax billionaires.” “Charge them a capital gains tax if they borrow against their assets that they haven't paid capital gains tax on. Very simple, that can resolve this.” “Another thing you can do, you can raise the capital gains tax rate. Sounds unpopular. I don't agree with that, but that's another way to deal with this, which is to take the capital gains tax rate from 20% to 30%. You could do that.” “The real goal of this is to create, for the first time in American history, a private property asset seizure tax. Because they're going after the $170 trillion, not the $8 trillion that the billionaires have.”

The All-In Podcast

1,806,087 Aufrufe • vor 6 Monaten

A concern many voters have about voting yes on initiative i2109 is the misleading description put on the ballot measure that gives voters the impression that if the capital gains tax is repealed it would reduce funding to Washington's education system and early childcare programs. This wording was written by a partisan office that opposes the initiative and has an obvious conflict of interest in providing Washingtonians with the truth. Chris Corry is the ranking member of the House Appropriations committee and has deep knowledge of Washington's budget. In this video he explains why Washington already has adequate funding for its education system and that the highly volatile revenue from the capital gains tax was unnecessary to fund programs. The truth is that proponents of the capital gains tax had spent years trying to find a way to introduce an income tax into Washington. By creating a capital gains tax and cynically telling Washington voters that "if you don't support it, our kids education will be harmed" they managed to open the door to a broad-based income tax. Within a year of creating the capital gains tax, which they marketed as only applying to the rich, they introduced legislation to lower the threshold at which it applies dramatically so the tax would apply to the vast majority of people in Washington who own stocks, bonds, cryptocurrencies or other assets. Real-estate and retirement funds are exempt for now, but given Olympia's proclivity for increasing and expanding taxes, this will not last long. Listen to Representative Corry's explanation for why the wording on the ballot measure is so misleading and vote Yes on i2109 to repeal Washington's backdoor income tax. Vote yes, pay less.

VijayInWA

13,966 Aufrufe • vor 1 Jahr