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    #16
    I had a new client come in with his books, I did the return, and he wound up owing some money. So he calls back and said his “CPA” found that his ending inventory was less than originally reported. Now all of a sudden, he is getting a refund.

    He was using the HMO method for valuing ending inventory (How Much do I Owe).

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      #17
      Thats a good one HMO method.

      Well I called the customer today. He asked how much I would charge. I told him $175 because of the late hour. He said "thats okay. I got turbo tax anyway. I figure you would charge that. I will just plug in your numbers and then these additional contributions." Asked if that would work. I told him I guess so just don't put me down as the preparer of the turbo tax one. So I guess that was taken care of.

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