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capgainsadv.bsky.social

@capgainsadv.bsky.social
51 followers 235 following 221 posts

Enrolled Agents, Series 65.

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capgainsadv.bsky.social @capgainsadv.bsky.social · 24/07/2025
And yet Vix is at 15 with Trump headed to the Fed after 4 pm...
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capgainsadv.bsky.social @capgainsadv.bsky.social · 27/06/2025
I'm starting to believe that the stock market is a betting market on wealth inequality and not on societies financial health.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 21/06/2025
Finally got some automation and AI incorporated into my workflows!
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capgainsadv.bsky.social @capgainsadv.bsky.social · 17/06/2025
If you don't think this is a bubble, here's your proof: www.cnbc.com/2025/06/17/h... We've been in a bubble for so long, it gets numb.
cnbc.com
Nasdaq-traded Chinese herb stock with no revenues rallies 58,000% to top Lululemon in market value
The developer of traditional Chinese herbal treatments for childhood ADHD and autism is up roughly 40,000% year to date.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 12/06/2025
"We expect to fund any dividends paid in cash on the STRD Stock primarily through additional capital raising activities" They are telling you it's a Ponzi scheme straight out.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 12/06/2025
Just read the propsectus for $STRD. More like STD. As in this thing is worse than one. No guaranteed dividends, no cumulative dividends, junior to the other 2 preferred and this whopper from the offering documents:
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capgainsadv.bsky.social @capgainsadv.bsky.social · 09/06/2025
If you tell everyone it's a dumpster fire in the campaign and you treat it like a dumpster fire and it begins to look like one publicly At some point the world will price it like a dumpster fire and not a diamond.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 06/06/2025
Tesla pre election was around 220. Post election it's sales are cratered and it's CEO has managed to piss off both Republicans and Democrats. Yet it's at 300 and up 5% on the day. One would think a rerate is in order.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
I'm sure most are invested because of FOMO. That's a terrible thesis and it's the epitome of the complacency that inevitably had always led to a major economic crisis. I'm tapping. This is too crazy for my money.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
It makes absolutely no sense, especially considering we are 6 months in and we got 3 years to go. How anyone can convince themselves that it gets better before it gets worse is stunning to me. 6/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
If you told me I could invest in a business with a massive debt, significant governance issues, conflicts of interest, slowing growth and market uncertainty at an all time highs valuation...that'd be an easy pass. Yet that's exactly what markets are doing. 5/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
Valuations are still high. The bull thesis to the Trump trade was lower regulations and taxation. So far it's been the reverse judging by the immigration, tariff and gridlocked action on taxes. Yet we are right on the cusp of all time highs. 4/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
The rule of law and standards of excellence have been shredded to pieces. The US dollar is not investable, The US debt seems to have no end. Bonds are uncertain. On a whim the executive branch might cherry pick payments. Corruption is at a peak 3/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
Economic uncertainty is at it's highest since the pandemic. Laws change every 24 hours. Capital can't be properly allocated at a business level because nobody knows what input costs will be or tax legislation for next year 2/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/05/2025
Sold out of nearly all my US equities today. What's the bull thesis? Court system has shown itself to be slow and ineffective, individuals can cherry pick jurisdictions. Not good for corporate governance. 1/
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
All this talk about tacos. I want tacos now.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
More like a data miner who's gotten what he wanted and now wants to exit and clean up the collateral damage to his shareholders.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
DOGE really feels like an exercise in data mining.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
Can we call it the Taco Bell trade? No need to sully the reputation of tacos Al pastor on this tomfoolery.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
Sure. Because the guys who lies about Roadsters, Solar City, FSD and warranties is absolutely the guy to trust with his timesheet.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 29/05/2025
If I was campaigning, I'd campaign on revoking presidential pardon authority. It's literally the stupidest part of our government and now has seen multiple abuses by both sides.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/05/2025
I was joking. Both are bearish this overpriced garbage dump of a publicly traded company.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/05/2025
Bullish for $TSLA
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/05/2025
That's my interpretation as well. The fact that cash tips would still be subject to SS taxes means they'll likely continue to go un or underreported.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/05/2025
FWIW Sec 6053 doesn't use the phrase cash tips and IRS form 8027 specifically uses the term charged tip and indirectly tipped. This may be the dumbest tax bill ever.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/05/2025
I'm just waiting for the definition of cash tips to be taken to court. Is a gratuity billed by the restaurant a cash tip? How about a tip paid by credit card? Otherwise who benefits from this other than bartenders and strippers (assuming they are employees and not subcontractors)?
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capgainsadv.bsky.social @capgainsadv.bsky.social · 21/05/2025
Please tell me this has income restrictions. If not I'm adding a tip feature to my bills.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 17/05/2025
Google debt
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capgainsadv.bsky.social @capgainsadv.bsky.social · 16/05/2025
I'm quite happy for you to have one. I'd rather my tax dollars not pay for it here stateside.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 15/05/2025
What if....and I'm definitely saying this with a massive grain of speculation....a government who is focused on "fraud, waste and abuse..." in the absence of actual fraud, waste and abuse....has decided to make it up with the one company that nobody wants to believe is innocent. 🤔
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capgainsadv.bsky.social @capgainsadv.bsky.social · 15/05/2025
By making it tax free for All Americans it disproportionately benefits the tax payers in the 37% percent tax bracket who already get 15% of their bloated OASDI benefits tax free. For Warren Buffet that's 19k in taxes saved a year. At .00000001% of his net worth, a rounding error for him.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 15/05/2025
Making Social Security Tax Free is the ultimate wool over the eyes. They could have raised the thresholds which haven't changed in 35 years and made it effectively tax free for lower income Americans.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 15/05/2025
The emperor has no clothes. www.cnbc.com/2025/05/15/g...
cnbc.com
Musk's Grok AI chatbot says it 'appears that I was instructed' to talk about 'white genocide'
By Thursday morning, Grok's answer had changed, and the chatbot said it "wasn't programmed to give any answers promoting or endorsing harmful ideologies."
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capgainsadv.bsky.social @capgainsadv.bsky.social · 13/05/2025
VIX is at 17. Time to buy calls.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 06/05/2025
This is why important games should be given to referee's from the larger league. Can't argue to Cubarsi penalty. However the handball shout was legitimate. It was away from his body in a non natural position.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 06/05/2025
Taxpayers get ready www.cnbc.com/2025/05/06/h...
cnbc.com
Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer
The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a few months.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 02/05/2025
More blue states soon to follow I suspect.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 02/05/2025
Next year resolution...don't rush through administrative items like marking tasks complete or archiving emails.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 02/05/2025
Is this by design?
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capgainsadv.bsky.social @capgainsadv.bsky.social · 01/05/2025
Someone broke something at the IRS. All of my client's transcripts are a mess.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 30/04/2025
What a freaking game!!!
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capgainsadv.bsky.social @capgainsadv.bsky.social · 25/04/2025
Considering China's PE ratio....one has to wonder what's the US case. It's like China but without a consistent economic policy.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 25/04/2025
From a markets perspective the optics on this is horrible. American exceptionalism is on death's doorstep. If politics start motivating arrests we have a long way further down to go.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 24/04/2025
I'm just wondering what government is still giving this guy credits.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/04/2025
Translation.... Kimball will sell after lockup expires.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/04/2025
Gotta think someone could look at the Optimus Assembly Line picture and find proof it was just a photo op.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 22/04/2025
Sadly I think honest companies are easier shorts to read
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capgainsadv.bsky.social @capgainsadv.bsky.social · 19/04/2025
finance.yahoo.com/news/tesla-s... Seems par for the course
finance.yahoo.com
Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims
Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk's company from having to pay for repairs. The plaint...
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capgainsadv.bsky.social @capgainsadv.bsky.social · 16/04/2025
I'm a tax pro and I'd be better off if simple filers had a free option. It would improve my ad spend and match my skills with people who truly benefit from the.
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capgainsadv.bsky.social @capgainsadv.bsky.social · 16/04/2025
Made a DOGE joke with an IRS agent today. Immediately regretted it because it's a recorded line and she laughed. Also because now I'm afraid I may get deported.
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