Distributions in Excess of Basis: Rant

[jasdlm]

I hate it when clients have half-*** S Corporations with rinky-dink bookkeeping and huge distributions in excess of basis that I can't prove up using the balance sheet.  Turtle Poop.  I'm irritated.

[Sara EA]

Turtle poop?  Why no cow flop?

[Abby Normal]

I won't take on a corporation without complete balanced books. If they won't do it right, then we have to enter everything into QuickBooks and bill them for it. Going forward, I try to convert them to a quarterly bookkeeping client.

[jasdlm]

And to make matters worse, my Apple Watch just buzzed my arm with a notification that says 'tracking is the most important part of weight loss ... don't give up'.  I'm not tracking/using any type of weight loss app.  My watch just decided I need to slim down.

Turtle poop, Cow flop, Donkey dung, and all the rest!!

[Lee B]

Actually, the notification is probably based on your internet history.

[jasdlm]

1 hour ago, cbslee said:

Actually, the notification is probably based on your internet history.

I believe you, but I haven't searched weight loss either.  I'm not saying I couldn't stand to lose a few pounds (obviously my watch thinks so), but I'm not a very big person.  Hmmmm.  Maybe I read an article that popped up on CNN about how the nation is getting heavier or some such thing.  I've got nothing.  I just always feel like a slug by the end of the season (not doing my usual running, yoga, etc, and getting very little movement), so I'm feeling like a puffball.