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PATAX
Level 12
September 25, 2024
Solved

94 years old and still preparing tax returns

  • September 25, 2024
  • 5 replies
  • 27 views

A colleague and good friend is 94 years old and still has his own tax practice. CPA/EA and very knowledgeable. Just curious, does anyone else know of anyone of similar age that is still working in our profession? Thanks.

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Best answer by IRonMaN

@IRonMaN Too bad Brother Cooley isn't around here anymore. He prepared his first income tax return when Abraham Lincoln was president.😉


I heard he tried to save Lincoln after the theater visit by trying to get him to drink a little Fireball.

5 replies

IRonMaN
Level 15
September 25, 2024

I personally don't know of anyone even close to that.  The other part you are missing is the conversion.  Tax preparers age faster than the rest of the population, so you have to do a conversion like you do for dogs.  Factoring that in, he is still doing taxes at 135 years old - that's really impressive.

Oh, I almost forgot ----------- Bob.  Based on his stories, isn't he close to 94 now? 😜

 

Slava Ukraini!
Jim-from-Ohio
Intuit Community Champion
September 25, 2024

Does he use ProSeries?

IRonMaN
Level 15
September 25, 2024

If he does, does Intuit give him a senior citizens discount?

Slava Ukraini!
PATAX
PATAXAuthor
Level 12
September 25, 2024

@IRonMaN yes they give him a discount: the goose egg discount.😉

Just-Lisa-Now-
Intuit Community Champion
September 25, 2024

My ex employer finally retired in 2015, he was 86, reviewing the returns he prepared after I took over the client base, it became obvious he should have retired long before that.  

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
BobKamman
Level 15
September 25, 2024

Warren Buffett turned 94 last month. I think he has someone else doing his returns, though.

I ask myself regularly if I'm mentally and physically sharp enough to keep doing tax returns.  But I also ask if that will be true, two years from now, when clients may need help with IRS notices and audits concerning returns I prepared this year.  The decision of when to retire is never an easy one.  

clr600
Level 7
September 26, 2024

I am 84. Age is just a number.

IRonMaN
Level 15
September 26, 2024

It is, but after awhile you need to start shopping for bigger birthday cakes to fit all of the candles. 😀

Slava Ukraini!
PATAX
PATAXAuthor
Level 12
September 26, 2024

@IRonMaN The last time Brother Cooley tried to blow out his birthday candles, his dentures flew out.😉 😀