Accounting 101!

You don't want to mess with the IRS. Make sure you do regular audits and pay your taxes; even if you don't want to!

THINGS YOU NEED TO KNOW
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NOT INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE

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[lucasasselmeier]

Accounting is about understanding the financial picture of your business. It’s all numbers you pay out to understand how to be more profitable and healthy

[saintsx]

Accounting is like a mom. She knows when you're healthy and when you're sick and has wisdom that can help you in so many ways.

[IFRS.Nikman]

Wow that’s a new definition of accounting!

[seanc]

Sometimes I wish people would really think a little before they talk. Especially, when they know little or nothing about said subject

[dalton]

The accountant he has loves him I can tell.

[RonaldRyanj]

Accounting is way more than ” where are you put things on a piece of paper“.

[nicholaslynch]

This is a guy who doesnt fully understand accounting. He explains it like he half remembers what somebody else told him. The way he describes it screams: "i commit tax fraud

[mrsevenfold]

I have a theory if you don't use it or benefit from it in the entire year you shouldn't have to pay for it or pay less depending on the quality of the outcome

[yolandaosborne]

Absolutely not! It's so much more than that 😂😂.

[TheExaltedHerobrine]

This doesn’t sound like anything related to Accounting 101

[Boution]

People saying accounting jobs are in threats because Ai
Is it possible?

[meyca]

there are soooo many different avenues of accounting, most of which have nothing to do with the IRS. why did he summarize it like this?

[ryunz]

I guess if you’re a small business owner this is probably the extent of your understanding of accounting. Functional I guess

[timmychurros]

Lol normal people don’t have to worry about how much trouble you get in. The fact he thinks this means he’s probably evading a few taxes lol

[jenninemorel]

Wow! I've never heard my profession described this way.
I spent 6 years getting a degree in "putting stuff on paper" lol 😆
My dog actually does this really well without a degree.
Clearly, this man has ZERO understanding of accounting; it's way more than "putting stuff on paper" and it's more than preparing taxes.😅

[Georgealex]

Mate, it doesn’t take too much to do a little research before you give an opinion.

[Kerrviii]

Yeah, that’s not really what it is.
You have to understand what’s best for a business or individual. It sounds like he’s committed fraud. What a weird flex! 😂

[yourbigheadcousin]

Just pay your fucking taxes. How about that? Paying taxes is the most patriotic thing most people will ever do and SOOOO many do everything they can to get out of it.

[Chicago_jake]

You have to know a little about accounting to know that you don’t know anything about accounting

[itssebas]

Legit talking about tax, that is not the basis of financial accounting