JJ THE CPA
THANKS FOR CHECKING ME OUT! LET ME GET RIGHT TO IT!
WHO SHOULD SUBSCRIBE TO JJ THE CPA? Small business owners, self-employed individuals and their advisers wanting timely, relevant and informative solutions to the financial and tax issues they face everyday.
WHO IS JJ THE CPA? I am a practicing CPA with 30 years of experience currently working in the trenches with thousands of small business owners; planning and advising those clients by providing solutions to their current tax needs and strategizing for what that client needs next financially.
YOU WILL BENEFIT FROM WATCHING JJ THE CPA's VIDEOS by increasing your business, financial and tax knowledge so you can implement the information and solutions I am sharing with you to serve your needs as a self-employed individual, small business owner or an adviser to these groups.
linktr.ee/jjthecpa
THANKS FOR WATCHING! HOPE YOU SUBSCRIBE! - JJ
JJ THE CPA
Our family’s CPA tradition! Four generations with seventy-one April 15th’s helping folks with their taxes! 1954 to 2025, and counting!
Left to right:
First generation: Omar Abbott Slayter, CPA
Third generation: Joshua “JJ the CPA” Jenson, CPA
Fourth generation: Cooper Jenson on his way now to get his CPA
Second generation: Chris “Kitt” Slayter, CPA
#cpa #cpacandidate
1 week ago | [YT] | 26
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JJ THE CPA
TAX SEASON SURVIVAL! Thank you! This is from the Kiefers, father, and son, financial advisers that we’ve worked with for 27 years as our friends and clients, serving many of our mutual clients!
Jay Kiefer is represented here with Coop and me. We sure appreciate his brother, Jared Kiefer and his father, Jerry Kiefer all pillars in our community!
Here’s to continued to success!
#realtor #realestateagent
#okcrealtor #edmondrealtor #oklahomarealtor #tulsarealtor #oklahomarealestateagent #edmondrealestateagent #okcrealestateagent
1 week ago (edited) | [YT] | 19
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JJ THE CPA
If you don’t know your taxes, you don’t know your business.
#realtor #realestateagent #okcrealtor #edmondrealtor #oklahomarealtor #tulsarealtor #oklahomarealestateagent #edmondrealestateagent #okcrealestateagent
2 weeks ago | [YT] | 7
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JJ THE CPA
#realtors TAKE TIME FOR YOU TOO! You help EVERYONE else! Give yourself at least 2 hours a week to work on “your” business! You deserve it!
www.jensonandjenson.com/
#realestateagent
#realtor #realtorlife #realtortips #realestateagents #oklahomarealtor #oklahomarealestate #okcrealtor #okcrealestate #tulsarealtor #tulsarealestate
3 weeks ago | [YT] | 8
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JJ THE CPA
Built on trust, fueled by legacy. A father and son expanding what the first and second generation started. Every break is a reminder of how far we’ve come—and how much further we’ll go!
3 weeks ago | [YT] | 20
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JJ THE CPA
You are off the hook! [USA Business] fincen.gov/news/news-releases/fincen-removes-benef…
#smallbusiness #boi #fincen
1 month ago | [YT] | 29
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JJ THE CPA
Podcast kick off Sunday March 30th 2:00 pm CST!! So excited to have 2 podcasts in the can with Angie, our superstar when it comes to home loans!
#realestate #realtor #tax #money #realestateagent
1 month ago | [YT] | 10
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JJ THE CPA
It’s full on tax season! Thanks Oklahoma Society of CPAs & NBC News 4 for the opportunity to share tax tips!
#taxseason #tax #taxes #cpa #ea #taxprofessional #taxseason2025
1 month ago | [YT] | 9
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JJ THE CPA
Here’s to Strong Women—Today & Every Day! Happy International Women’s Day! Today, we celebrate the power, resilience, and brilliance of women around the world.
#InternationalWomensDay
1 month ago | [YT] | 17
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JJ THE CPA
NOT A SCAM! Watch NOW!
https://youtu.be/kvHN3719U9c
SETC or Self Employed Tax Credit Requires a Tax Professional! Real for 2021 only. Proceed carefully. Rarely is it the max $36,220 (see below). Average self employment tax credit estimated at $3,000 based on my own experience. The credit is zero if you had a loss on Schedule C. IRS properly warns this is ONLY now for tax year 2021 and expires 4/15/25. Must file amended 2021 tax return with Form 7202. CANNOT file with 2022 or later tax return. You will need documentation proving this. DO NOT hire someone you do not know to help you. If you don't know a tax professional, hire one that someone you know trusts.
FIND JJ THE CPA'S SOCIAL MEDIA POSTS RELATED TO THIS
linktr.ee/jjthecpa
IRS WARNING AND HOW CREDIT WORKS FOR 2021
www.irs.gov/newsroom/irs-warns-taxpayers-about-mis…
IRS Form 7202 & Instructions
www.irs.gov/forms-pubs/about-form-7202
SEE LINK TO IRS FAQs BELOW:
IRS Schedule SE to Find Self-Employment Earnings
www.irs.gov/forms-pubs/about-schedule-se-form-1040
2021 IRS Schedule 3 [TAX CREDIT CARRIES FROM IRS FORM 7202]
Line 13 b and 13 h
www.irs.gov/pub/irs-pdf/f1040s3.pdf
Form 1040 [SEE IF YOU GOT THIS CREDIT HERE]
Line 31
www.irs.gov/forms-pubs/about-form-1040
HOW IS IT CALCULATED: YOUR TAX SOFTWARE WILL DO THIS BUT...
2020 NO LONGER AVAILABLE.
NOT AVAILABLE FOR 2022 OR AFTER.
Self-Employment Income Per Schedule SE
Divided by 260 Days (52 Weeks Multiplied by 5 Days Per Week)
THIS EQUALS YOUR DAILY SELF EMPLOYMENT EARNINGS, WHICH IS USED TO DETERMINE THE BELOW
THEN YOU GET THE LOWER OF YOUR DAILY RATE* OR THE MAXIMUM BELOW
*Two credits are then multiplied by 67%
HOW COULD IT BE $36,220, ASSUMING YOU QUALIFY FOR THE MAX EACH DAY
Self-Employed Sick Leave Tax Credit Possible
2020 NO LONGER AVAILABLE.
NOT AVAILABLE FOR 2022 OR AFTER.
STILL AVAILABLE
$5,110 Max 10 Days: 1/1/21 to 3/31/21 (Max $511 Per Day)
PLUS
$5,110 Max 10 Days: 4/1/21 to 9/30/21 (Max $511 Per Day)
PLUS
$2,000 Max 10 Days: 1/1/21 to 3/31/21 (Max $200 Per Day)
PLUS
$2,000 Max 10 Days: 4/1/21 to 9/30/21 (Max $200 Per Day)
PLUS
UNLIKELY
$10,000 Max 50 Days: 1/1/21 to 3/31/21
PLUS
UNLIKELY
$12,000 Max 60 Days: 4/1/21 to 9/30/21
EQUALS TOTAL IF YOU QUALIFIED FOR ALL THE ABOVE
2020 NO LONGER AVAILABLE.
NOT AVAILABLE FOR 2022 OR AFTER.
$36,220 Max Tax Credit for the Self-Employed
IRS FAQS - SEE QUESTION 106 FOR THE SELF-EMPLOYED:
Who is an eligible self-employed individual for purposes of the qualified sick leave equivalent credit and the qualified family leave equivalent credit?
LINK
www.irs.gov/newsroom/tax-credits-for-paid-leave-un…
Eligible self-employed individuals are allowed a credit against their federal income taxes for any taxable year equal to their "qualified sick leave equivalent amount" or "qualified family leave equivalent amount."
JJ the CPA covers: Taxes, tax issues, self employed tax planning, tax planning, self-employment, ERTC, ERC, Employee Retention Credit, Schedule C, Self Employment Income, Sole Proprietor, Single Member LLC, Limited Liability Company, LLC tax issues, S corporation taxes, Partnership tax issues, Corporate tax issues, Schedule E, Real estate tax planning, Real estate depreciation, Depreciation, Section 179 depreciation, vehicle depreciation, SUV tax depreciation, Bonus depreciation, Schedule F, Farm tax issues, Farming tax planning, Commercial Real Estate tax planning,
#jjthecpa #setc #selfemployed #selfemployment #taxcredit #taxcredits #savetax #taxsavings #taxsaving #taxsavingtips #taxes #tax #IRS
1 month ago | [YT] | 8
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