Finance influencers: which advice actually survives contact with a CPA?

CPAwithaBoat · 1/22/2025

The "write off your G-Wagon" genre has cost my clients real money. On the other hand some of the retirement-account content is genuinely fine. What is the single worst piece of social media tax advice you have had to talk a client out of?

8 replies

"write off your G Wagon" guy has personally cost this country millions in amended returns
Ninjasaurus_Rex · 1/23/2025
The infuriating part is the kernel of truth. 6000 lb vehicle rules are real. The 100% business use claim on a car you drive to Costco is not.
CPAwithaBoat · 1/23/2025
Honestly the HSA and Roth content is mostly fine. It is anything involving an entity where it falls apart.
kimmy.k · 1/23/2025
Rule I use: if the strategy requires you to buy something you did not want, it is not a tax strategy, it is shopping.
randy · 1/25/2025
stealing that
u_wot_m8 · 1/25/2025
every cpa in here hates influencers right up until they start posting on linkedin themselves
YoloOnIndexFunds · 2/4/2025
The influencer crowd completely missed the kids accounts because it does not sell a course. Tells you what the content is actually optimized for.
MAGA_Michelle · 3/15/2026
Honestly true, and it is the same reason nobody posts about the saver's credit.
CPAwithaBoat · 3/15/2026