Gail Rosen CPA @GailRosenCPA

NJ CPA serving businesses and individuals who is known for putting complex accounting tax and entrepreneurial issues into language laymen can understand. gailrosencpa.com Somerset County, New Jersey Joined May 2009

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Gail Rosen CPA @GailRosenCPA

3 days ago

"Small businesses are often not aware that startup costs are not #tax deductible until their FIRST SALE. Once have 1st sale, can deduct start-up costs over 15 years or elect to deduct the first $5,000 in the 1st year of business," Gail Rosen, CPA. ow.ly/cQoA50RlvyC

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Gail Rosen CPA @GailRosenCPA

a month ago

Early #tax filers are seeing smaller tax refunds this year. This is a delcine of 29% so far... but tax season is just getting started. ow.ly/XAri50QV9r6

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Gail Rosen CPA @GailRosenCPA

a month ago

"The new BOI requirement is a huge, unfair burden for accounting firms, especially small firms" Gail Rosen said. accountingtoday.com/news/tax-pros-…

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Gail Rosen CPA @GailRosenCPA

a month ago

“The tax laws are becoming more complicated each year and many professionals have ‘had enough,’” Rosen said. “Young people are not interested in a job that includes the pressures of tax season”. ow.ly/QVb750QUYkL

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Gail Rosen CPA @GailRosenCPA

a month ago

Good news > Wait times to reach the IRS are around 2 minute so far... hope it lasts! news.bloombergtax.com/daily-tax-repo…

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Gail Rosen CPA @GailRosenCPA

2 months ago

Vet costs, grooming and food for a service dog that aids peple with disabilities can qualify as a medical #tax deduction. ow.ly/ozty50QBZ6Z

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Gail Rosen CPA @GailRosenCPA

2 months ago

Did you know that vitro fertization, treatment costs of drug/alcohol use and weight weight programs all may qualify as a medical #tax deduction? ow.ly/p8wH50QBYSP

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Gail Rosen CPA @GailRosenCPA

4 months ago

You can also increase your tax payments through other sources to help offset underpayment penalties, said Gail Rosen, a tax specialist + CPA in NJ. ow.ly/rwJl50QiW97

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Gail Rosen CPA @GailRosenCPA

5 months ago

Gail Rosen, CPA, pointed out that many freelancers assume they can deduct all their new business startup costs, but this can’t be done until their first sale. ow.ly/Wxpa50Q76tE

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Gail Rosen CPA @GailRosenCPA

6 months ago

Use respect when questioning an IRS position, said Gail Rosen, CPA. fa-mag.com/news/what-clie…

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Gail Rosen CPA @GailRosenCPA

8 months ago

“Many CPAs have retired, merged or had sickness or death,” says Gail Rosen, a CPA. “Young people aren’t interested in the pressures of tax season. Experienced CPAs left are receiving many calls from wealthy clients who will give them the time and attention they want.”

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Gail Rosen CPA @GailRosenCPA

8 months ago

"The IRS is finally catching up on processing tax returns. We can now reach the IRS and speak with a live representative, versus the very long wait times we experienced from 2020 through 2022." said Gail Rosen, CPA in NJ. ow.ly/wGgR50PBxJ2

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Gail Rosen CPA @GailRosenCPA

8 months ago

Instead of paying high taxes on your business income, transfer some of that income to your child as wages for services they perform. Your child’s work must be “legitimate,” however, and the salary must be “reasonable,” said Gail Rosen, a NJ based CPA. ow.ly/FShP50PB6aO

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Gail Rosen CPA @GailRosenCPA

10 months ago

Really??? > #IRS wants to hire experienced #accountants to audit people like Bill Gates, for us to "give back" & not necessarily be there for a paycheck. #tax ow.ly/fN6j50P0EMR

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Gail Rosen CPA @GailRosenCPA

a year ago

Instead of paying high #taxes on your business income, transfer some of that income to your child as wages for services they perform. Your child’s work must be “legitimate” and “reasonable,” said Gail Rosen, a Martinsville, NJ CPA. ow.ly/XIVi50NIBT1

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Gail Rosen CPA @GailRosenCPA

a year ago

NY Times recommends > Do not procrastinate when it comes to #taxes. I agree > remember, an extension to file is NOT an extension of time to pay! ow.ly/WmQT50Nx6XK nytimes.com/2023/02/25/you…

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Gail Rosen CPA @GailRosenCPA

a year ago

I didn't realize our small #business clients are so stressed at #tax time > 80% feel stress at tax time and nearly 63% rate their stress level at 3+ out of 5! ow.ly/nt2Z50N1hbO

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Gail Rosen CPA @GailRosenCPA

a year ago

ow.ly/xb2750MRLeU Refunds are down this year primarily due to loss of pandemic #tax breaks.

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Gail Rosen CPA @GailRosenCPA

a year ago

There is a shortage of #accountants > Bad news is the pass rate on the #CPA exam has dropped 25% since 2018. Pass rate on 4 different exams are low: 45% to 62%. Some changes are coming; will it be enough??? ow.ly/8qZ950MPPER

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Gail Rosen CPA @GailRosenCPA

a year ago

accountingtoday.com/news/irs-dropp… Unfortunately, 2 of the dropped modernization plans were essential in replacing the IRS’s 60-year old Individual #tax data source.

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Shiba Inu @ShibainuCoin

766K Followers 7 Following $SHIB is an experiment in decentralized spontaneous community supported by #ShibainuCoin the strongest #ShibArmy. Keeper of $BONE $LEASH $TREES 🐕 #SHIBOSHIS

We are building the Web3 infrastructure for Sports and Entertainment 🌶
Chiliz Chain, The Sports Blockchain 🎾🌐
Powering https://t.co/ee4PKrhHt7 ⚡️ $CHZ

Chiliz ($CHZ) - The S.. @Chiliz

487K Followers 843 Following We are building the Web3 infrastructure for Sports and Entertainment 🌶 Chiliz Chain, The Sports Blockchain 🎾🌐 Powering https://t.co/ee4PKrhHt7 ⚡️ $CHZ

Work hard, play hard. Mother, friend, rock start wannabe. Love of music, golf, reading, partying, cooking, dining, family, friends, movies, & tv.

Robin S Locker @RobinLocker

14 Followers 135 Following Work hard, play hard. Mother, friend, rock start wannabe. Love of music, golf, reading, partying, cooking, dining, family, friends, movies, & tv.

underpsi 🦬🧲 @therealzzl

478 Followers 264 Following

Mark Ferrara @MarkFerrara12

1K Followers 1K Following Investor, trader, & technology enthusiast. All opinions are my own, not advice to buy or sell stocks.

It’s our job to #GoThere & tell the most difficult stories. For breaking news, follow @CNNBRK and download our app https://t.co/ceNBoNi8y6

CNN @CNN

62.3M Followers 1K Following It’s our job to #GoThere & tell the most difficult stories. For breaking news, follow @CNNBRK and download our app https://t.co/ceNBoNi8y6

Ben Willis @willisweighsin

806 Followers 468 Following I love tax law and candidly share my views.

Joann Del Mauro @joann_mauro

2 Followers 45 Following

The Taxgirl Podcast shares conversations about taxes, money and the choices we make. New episodes out every Tuesday!
#tax #taxgirl #podcast #money

TaxgirlPodcast @TaxgirlPodcast

1K Followers 16 Following The Taxgirl Podcast shares conversations about taxes, money and the choices we make. New episodes out every Tuesday! #tax #taxgirl #podcast #money

Sharon Drucker @sharon_drucker

22 Followers 44 Following NJSCPA Bus Dev Specialist, Happy wife & mom of 3, Forever short on time

Diane Kennedy @DianeKennedyCPA

20K Followers 19K Following Tax-saving CPA, NYT Best-selling Author, Health Warrior

Capitol Hill reporter for @CNN. Alum of @politico @thehill & @cqrollcall. Chi till I die. My party trick is identifying lawmakers by the back of their heads.

Melanie Zanona @MZanona

87K Followers 3K Following Capitol Hill reporter for @CNN. Alum of @politico @thehill & @cqrollcall. Chi till I die. My party trick is identifying lawmakers by the back of their heads.

Chris Casacchia @ccasacchia

1K Followers 1K Following @MJBizDaily Staff Writer covering cannabis national retail and brands. Storyteller. CHI-PHX-LA

Award-Winning CPA; Forbes 2021 top 💯 Twitter Tax Acct; Quoted on AcctingToday & CNBC; #TaxPlanning & #TaxPrep for Small Business!🖥️Laker, Ram & Dodger fan!

Brian T. Stoner, CPA @bstonercpa

13K Followers 6K Following Award-Winning CPA; Forbes 2021 top 💯 Twitter Tax Acct; Quoted on AcctingToday & CNBC; #TaxPlanning & #TaxPrep for Small Business!🖥️Laker, Ram & Dodger fan!

I am an Enrolled Agent passionate about helping taxpayers navigate our complex tax system. Also, Juilliard MM (voice) + Certified Alexander Technique teacher.

Phyllis Jo Kubey @PKubeyEA

4K Followers 2K Following I am an Enrolled Agent passionate about helping taxpayers navigate our complex tax system. Also, Juilliard MM (voice) + Certified Alexander Technique teacher.

Rutgers Men’s Baske.. @RutgersMBB

40K Followers 391 Following Official Account of Rutgers Men's Basketball. #TheKnighthood | 🛡⚔️ |

Lance Molock @CPAGuntersville

164 Followers 105 Following Tax CPA.

Robert Lore @RobertALore

107 Followers 402 Following Father of 2, Husband, Financial Consultant, New Jersey born and raised Miami Dolphins Fan! #FinsUp

bettemidler @BetteMidler

2.1M Followers 33 Following In Memoriam.

Kelly Phillips Erb @taxgirl

3 months ago

A one-year only retroactive tax bill. What could possibly go wrong? A new proposal introduced in the House, the SALT Marriage Penalty Elimination Act, would double the cap on the state and local tax (SALT) deduction—but just for one year. forbes.com/sites/kellyphi…

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Brian Streig, CPA @cbriancpa

3 months ago

I really do think it's irresponsible for the IRS to encourage taxpayers to file returns before potential tax law changes are enacted. Not that I don't trust the IRS, but their track record hasn't been great for a number of years. #TaxTwitter journalofaccountancy.com/news/2024/jan/…

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Kelly Phillips Erb @taxgirl

3 months ago

I've been working on the launch of our #tax newsletter for @Forbes... and it's finally happening! Keep an eye out for an official announcement in the next 24 hours.

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Kelly Phillips Erb @taxgirl

3 months ago

The House of Representatives has passed a tax deal that would restore bonus depreciation, put an early end to the Employee Retention Credit, and expand the Child Tax Credit. Now, it moves to the Senate. forbes.com/sites/kellyphi…

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Jack Ciattarelli @Jack4NJ

4 months ago

This holiday season, sending warm wishes and messages of hope and joy. May the peace and happiness of the season be with us always. Merry Christmas 🎄🎁

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Brandon Van Zee @BrandonVanZee

5 months ago

For those who might’ve missed it, Sully did a quick piece on Sickle Cell disease and tomorrow’s potentially historic day as the FDA is expected to approve the first ever #CRISPR treatment in the U.S. (it was already approved in the U.K.). Should be interesting! 🧬 $CRSP $VRTX

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Narrgis @narrgis007

5 months ago

$DXCM back above 100 , 103.6 important pivot to hold to see higher numbers from above #dexcom #diabetes #bloodsugar #monitor #ozempic #semaglutide

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Taxl Rose @TheTaxlRose

5 months ago

When a client you give estimated payments they ignore each year, turns in tax docs late every year, asks why they get penalties every year after explaining it over and over informs you they are leaving, it’s a great day and makes me very happy. Adios!

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Ryan Glover, CFP® @tarheeladvisors

5 months ago

@uptonaccounting So weird, why not double rate and see who goes out the door instead?

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James Upton III, EA @uptonaccounting

5 months ago

#Taxpropocalypse Largest firm in my area sent every 1040 only client notice they would no longer serve them. Some are Sch C, E, & F but have no entity. The firm has focused solely on entity work and related 1040s, due to lack of staffing and “industry changes”.

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Sabrina the SALTy CPA @IraGilligan

6 months ago

There are 44,000 CPA firms in the US. 42,000 of them have 5 professionals or fewer.

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Jim Leonard @Jim_Leonard13

6 months ago

Today’s the day. If you haven’t already done so, make your voice heard.

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Jack Ciattarelli @Jack4NJ

6 months ago

Unbelievable Despite the fact that residents across NJ send $1B a year to Newark schools & only 1 in 4 Newark students are on grade level for math & reading, 19 school officials are AGAIN conferencing at a luxury hotel. Time for change. Vote Republican. nj.com/opinion/2023/1…

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Dan Chodan @danchodan

6 months ago

ERC Specialists sued by customer over "unreasonable and unconscionable contingency fee" of 15%. Some lawsuits try to get out of fees where not properly engaged or where the business was clearly ineligible. Here the business received $1.1M and is not arguing eligibility.

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NJ Society of CPAs @NJCPA

6 months ago

A sector that is being hit particularly hard by the shortage of #CPAs is state & local government. NJCPA member Gerry Seneski, CFO for @CityofCamdenGov, discusses the implications & what can be done to address it. youtube.com/watch?v=Wnh7MM… #IssuesWatch #podcast #cpapipeline

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Diane Gilabert, CPA @DianeGilabert

6 months ago

So fellow CA tax professionals. Are we canceling our vacations? I predict a deluge of superceded returns and K-1s in the next month. #TaxTwitter

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Ed Zollars, CPA @edzollars

7 months ago

While the court ruled the taxpayer with his real estate background should have noticed issues like depreciating a $4M+ commercial building over 7 years, how did the CPA sign off on the return? #TaxTwitter taxnotes.com/tax-notes-toda…

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Geo Baker @Geo_Baker_1

8 months ago

A friendly reminder that @KnightSociety_ has TEN tickets to give away for Rutgers vs. Temple on Saturday! Winners chosen tomorrow ❤️⚔️

The Knight Society @KnightSociety_

8 months ago

🏈 Giveaway🚨 10 tickets, 5 winners! All in Section 105 at the 50 yard line! Enter ⬇️ 1.Follow @KnightSociety_ 2.Repost this tweet 3.Tag a friend to bring Winner chosen 9/8 Check our new website for exclusive content from RU student athletes! Knightsociety.io

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Kelly Phillips Erb @taxgirl

8 months ago

Ever since @TaxMama's passing, I can't stop thinking about the lovely things folks said about how she influenced their careers. I wonder if we said those things while she was alive? #TaxTwitter, how about thanking someone today? Online or IRL. Don't plan for later. No guarantees.

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Matt Foreman @ForemanTaxLaw

9 months ago

A client's CPA charges $1,200 for a return that includes a Schedule C business that does $200k revenue and $60k expenses per year. Raise your rates. What's that per hour? $100? $60? C'mon.