Sun, Sep 21, 2014, 11:17 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Intuit, Inc. (INTU) Message Board

  • mauricethepantsman mauricethepantsman Mar 9, 2000 2:00 PM Flag

    Seems funny but . . . . . . .

    I haven't read too much lately that Intuit was
    going to be at $24 , $40, or some other ridiculous
    price. It's amazing how these naysayers hide themselves
    when the stock is doing better than "THEY"
    expected.

    I hope that they stay hidden for some time to come!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • >I must be wrong.

      Don't start
      questioning yourself. Of course you are.

      >But, I
      must not have understood

      Now you are on the
      right track...

      >I prefer to remain a ...
      fool.

      I don't think you ever had any other choice.

    • Sorry. I started out writing to you in the last
      memo and ended up writing to Stu. I hit Post Message
      before I remembered to change the subject.

      All
      that I was going to write to you was that, yes, you
      made the right decision. PERIOD. It would take a lot
      of finagling to turn your right decision into the
      wrong one. It's a credit, not a deduction. Why not take
      the larger one as soon as possible? It's likely to
      buy more today than tomorrow if you're spending it.
      It has another year of compounding available to it
      if you're investing it.

    • Stu,

      I must be wrong. Any CPA who is so
      good that he has time to spare for monitoring a board
      during his busy season is obviously very fast. It
      COULDN'T be that you're blaming Turbo Tax for the lack of
      lines at your door, could it?

      I thought I knew
      people who could: a) fix their own cars, b) tend their
      own gardens, c) fix their own plumbing, d) build
      their own houses from the foundation up, and even do
      their own taxes.

      But, I must not have
      understood that they were blowing it. We are, after all,
      babes in the woods who must call professionals like you
      if we want to make it through a day.

      You
      state that your a financial advisor. So, I guess you're
      rich, eh? Certainly, you're wealthier than your
      unprofessional clients. Certainly, you're making more money in
      the market than most of us. Certainly, we're all
      fools to be handling our own portfolios.

      The
      world according to Stu is a curious place where people
      huddle in fear and hope for a rescue by a PROFESSIONAL
      gardner. Otherwise, duh, they'll weed their gardens of
      produce and leave the weeds to grow unmolested.
      Otherwise, they'll make terrible mistakes on their tax
      returns and either overpay or else serve jail time.


      Stu, if the price of wisdom is to see the world as you
      see it and to live a life as you evidently live it,
      then I prefer to remain a wealthy and capable
      fool.

      BTW, I do hire others -- when they can add value or
      when I don't like the task. But, I play my own piano
      (even though I am VERY far from professional), make my
      own investment decisions, plan my own exercises
      (although I wish I could hire a professional to actually do
      them), and decide for myself how to live my life. Making
      decisions about how to run their lives is what adults do.
      If you ever grow up, you'll know that.

      You
      parade "professionalism" as a whore parades her body --
      with total disregard of the meanings of self-respect,
      dignity, and decency. A great body and genuine
      professionalism are both things that I fully appreciate. But,
      when they are whored away, they lose all their virtue
      and become merely sad.

      Stop selling yourself
      and your "profession." It's cheap. Respect the
      purpose of this board, to discuss Intuit and its
      prospects.

      Now, do you have anything relevant to say about
      Intuit? No? I didn't think so.

    • >I took the HOPE last year. How did I
      do?

      Like so many things regarding income taxes, the
      answer is: It depends.

      The answer to that
      question requires me to look beyond the current year
      (something to which our friend Myth strongly
      objects).

      Generally, if we are talking about one child and
      if you were able to take the maximum credit (1,500)
      and if your tax situation will remain largely
      unchanged in the following year, you may have made the
      right choice.

      Question: If you had been over
      the AGI limit, is the credit simply lost? Just
      something else to ponder...

    • "Just for fun here's another: You paid tuition
      this year for your child. TurboTax will ask if you
      want to take the Hope or Lifetime learning credit. Do
      you KNOW which is the best to take in the current
      year?"

      I took the HOPE last year. How did I do?

    • >>Care to explain this?

      >This is obvious

      Oh humor me. Reminder: How is it that CPA's are only useful to those who can't keep records.

      Waiting....

    • >Don't you think that most people can
      determine what they are due for those categories just by
      going through TurboTax

      No, they
      can't.

      >Give me a break Stu2j. You must think everyone but
      yourself is stupid!

      It's not that they are
      stupid. I don't fix my car. If I attempted it and screwed
      something up, it doesn't make me stupid. It means that I
      should have sought help.

      I can give a simple
      example:

      You buy into a Real Estate partnership that your
      broker recommended and get a K-1 that shows a real
      estate loss and a low income housing credit.

      Is
      this a passive activity? Why does that matter? Does it
      matter if it is a publicly traded partnership? What is a
      tax shelter registration number and why does it
      matter? Are you entitled to the loss or the credits? Are
      these pre 90 or post 90 credits? Why does that matter?
      Which forms and/or schedules are you required to file?
      What happens if the loss and/or credits are
      limited?

      A simple K-1 reporting just two numbers just got
      fairly complicated didn't it? I hate to be the one to
      break the news to you but TurboTax doesn't handle this
      issue very well.

      Just for fun here's another:
      You paid tuition this year for your child. TurboTax
      will ask if you want to take the Hope or Lifetime
      learning credit. Do you KNOW which is the best to take in
      the current year?

      Do you want to keep
      playing?

    • >You are probably the kind of person who pulls
      up or cuts down your wife's newly planted flowers
      because you couldn't tell the difference.

      Not
      quite, I do that intentionally.

      >Care to
      explain this? (the usefulness of CPAs)

      This is
      obvious to those of us who are professionals, but I can
      see where someone just claiming to be a professional
      would have trouble understanding this.

    • "There are millions of taxpayers who will screw
      up the best possible treatment of the education
      credits, child exemptions, student loan interest, child
      tax credits, child care credits, rental property
      sales, IRA distributions, and the list goes
      on."

      Where did you get that statistic?

      Don't you
      think that most people can determine what they are due
      for those categories just by going through TurboTax
      and reading the explanations for those categories?
      Give me a break Stu2j. You must think everyone but
      yourself is stupid!

    • >Perhaps I should employ professional
      landscapers to pull the weeds in my yard.

      Interesting
      analogy. You are probably the kind of person who pulls up
      or cuts down your wife's newly planted flowers
      because you couldn't tell the
      difference.

      >Interesting enough, TurboTax is used by the five CPAs which I
      know.

      That's excellent. It is an excellent program. I
      use Pro Series myself. The difference is that they
      know HOW to use it.

      >To those unable to keep
      records, CPAs are useful.

      Care to explain
      this?

      >When tax law gets too complex, a tax attorney
      not a
      hyped up bookkeeper, should be consulted.

      Where
      does all this negative sentiment come from? "Hyped up
      bookkeeper"? What a laugh.

    • View More Messages
 
INTU
86.72+1.07(+1.24%)Sep 19 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.