POST PUBLISHED INJuly, 2009
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  • Helping Your Entrepreneurial Business Grow Using a Part-Time Chief Financial Officer/Virtual Controller

    July 30th, 200907:21 AM ET
    By John Dillard
    Helping Your Entrepreneurial Business Grow Using a Part-Time Chief Financial Officer/Virtual Controller A CPA who is well versed in Business Issues can be much more than just a tax return preparer. If you are a business owner, run and do not walk to the nearest and best CPA you can find. Utilizing the services of a CPA with a divergent track able ...

  • Filing Old Tax Returns: Turning and Repenting...Taking Christianity Into the World

    July 29th, 200908:40 AM ET
    By John Dillard
    Filing Old Tax Returns: Turning and Repenting...Taking Christianity Into the World Recently I received the attached letter from a taxpayer looking to address their unfiled and unpaid back taxes. The fear and the sin is not in the repenting but from not doing so. Our faith is centered and based upon forgiveness to all who honestly seek it and turn ...

  • How to be Sure Your Internal Bookkeeping is Correct

    July 28th, 200906:48 AM ET
    By John Dillard
    How to be Sure Your Internal Bookkeeping is Correct Below is a list of items you might use to critique to your internal books. Each and every company should prepare one that is specifically designed to their business to ensure that their financial results are carefully monitored and operating integrity retained. Serving as an Atlanta CPA for over ...

  • Getting Ready for the Rest of Your Life: Planning for Retirement

    July 27th, 200907:23 AM ET
    By John Dillard
    Getting Ready for the Rest of Your Life: Planning for Retirement   1. What will I do when I retire?2. What will my lifestyle be like?3. Can I afford to retire?   If those questions are plaguing you as you get ready to retire, please know that you are not alone. I speak with individuals all of the time who are contemplating the...

  • How to Save Money on Health Care

    July 26th, 200905:54 PM ET
    By John Dillard
    How to Save Money on Health Care   Whether you buy your healthcare coverage through your employer or independently, you need to look at your coverage the same way cost-cutting entrepreneurs do. Buying coverage in the future won't stop at finding the best price - what you pay increasingly will involve how well you personally manage your h...

  • Loving Others Through Difficult Times...Taking Christianity Into the World

    July 23rd, 200901:15 PM ET
    By John Dillard
    Loving Others Through Difficult Times...Taking Christianity Into the World Just recently I received the attached letter (which of course was sterilized to protect all parties concerned) from a Believer who was seeking to be obedient to God's word. Perhaps the most difficult verse of all in the Bible is Philippians 2:3 which calls us to respect and...

  • Tax Garnishments, Collection Issues, and Offers in Compromise Directory of IRS Representation

    July 22nd, 200908:29 AM ET
    By John Dillard
    Tax Garnishments, Collection Issues, and Offers in Compromise Directory of IRS Representation Often when the tax man cometh, he does so with an iron fist and a hammer. Frequently in striving to address tax issues, situations frequently worsen before they can get better as it takes time for items to be "worked through the process." This is a sample...

  • Atlanta CPA Teaches Handling Your State Tax Issues

    July 21st, 200908:29 AM ET
    By John Dillard
    Handling Your State Tax Issues Dealing with the state of Georgia about your open tax issues, back taxes or an Offer in Compromise are critical to ensuring that your tax does do not indeed worsen. Retaining a CPA by filing a Power of Attorney is your best first course of action to assure that your rights and interests are protected as well as being...

  • Tips to Keep Vacation Spending in Check

    July 20th, 200912:56 PM ET
    By John Dillard
    Tips to Keep Vacation Spending in Check   As the economy continues its climb out of recession, many families might be thinking twice about what they spend on the annual summer vacation. But there are ways to preserve the tradition by being smart about spending. Some ideas:   Get on the mailing list: For any possible destinatio...

  • Becoming Like Him...Taking Christianity Into the World

    July 19th, 200909:33 AM ET
    By John Dillard
    Becoming Like Him...Taking Christianity Into the WorldToday I received a note from a Believer who was seeking what they might do as they were at the lowest spiritual level personally that they had been in years. They were seeking what they might do to encourage and strengthen themselves in the Lord prompting me to suggest: -A Home Church where you...

  • Tax Tips to Have a Successful Audit Experience

    July 16th, 200908:31 AM ET
    By John Dillard
    Tax Tips to Have a Successful Audit Experience   These basis tax tips will do much to ensure that you keep adequate books and records to support your business deductions as well as to ensure that you will have much of the documentation that an IRS agent will want to see during the performance of an audit. Being prepared is your best bet ...

  • Utilizing Net Leases & Investing in Commercial Real Estate

    July 15th, 200908:20 AM ET
    By John Dillard
    Utilizing Net Leases When Investing in Commercial Real Estate Investing   As I speak with potential investors about the possibilities of investing in commercial real estate, one of the biggest misunderstandings is the net lease. Net leases are commercial real estate investments in which the tenant takes more responsibility for the buil...

  • Determining if You Need an Audit vs. a Compilation

    July 14th, 200908:00 AM ET
    By John Dillard
    When to Use an Audit vs. a Compilation Yes you can get a CPA Audit done on your company. However an audit is approximately four to five times more expense than a compilation. Frequently a banker or outside investor can be satisfied without having to go through the full expense of an audit. Knowing when to use which and the nuances thereof wil...

  • Planning for the Financial Impacts of Job Changes and Retiring

    July 13th, 200903:35 PM ET
    By John Dillard
    Planning for the Financial Impacts of Job Changes and Retiring Your retirement savings plan offers you several choices when you decide to change jobs or when you retire. A distribution is a payout of realized savings and earnings from a 401(k) or other retirement plan. In general, you must begin taking distributions from your account by April 1 of...

  • Understanding Investment Risk

    July 12th, 200907:57 PM ET
    By John Dillard
    Understanding Investment Risk Ask any investor about risk and you'll probably hear that it's something the investor wants to avoid or at least keep to a minimum. Like it or not, investment risk is an essential part of any investment decision. Properly managed, risk can be turned to the investor's advantage. What is risk? The answer depends on whom ...

  • Are You Ready for Retirement

    July 10th, 200908:09 PM ET
    By John Dillard
    Are You Ready for RetirementWith summer here many of us are planning our summer get away. We take a lot of time to make sure that we get where we want to go and are able to enjoy the things we look forward to all year. We work hard all year and deserve to have a nice vacation. Planning is essential to being sure that our vacation is what we want it...

  • Understanding Market Fluctuations

    July 09th, 200908:16 AM ET
    By John Dillard
    Understanding Market Fluctuations Continuing to invest in your retirement plan is sometimes difficult to do during market declines but, regularly adding to an account that's designed for a long-term goal may cushion the emotional impact of market swings. If losses are offset even in part by new savings, the bottom-line number on your statement migh...

  • Roth's & Traditional IRA's for 2009

    July 08th, 200903:52 PM ET
    By John Dillard
    Roth's & Traditional IRA's for 2009There are no changes to the contribution limits set for traditional or Roth IRAs in 2009. The ceiling remains as it was last year: you may contribute up to $5,000 if you're under 50 years of age, or $6,000 (using the "catch-up" provision that allows an additional $1,000 if you're over 50 or turn 50 during 2009...

  • Helping Your Clients with Clear Concise Communications

    July 07th, 200905:14 PM ET
    By John Dillard
    Helping Your Clients with Clear Concise Communications   Taxes and Running a Business as an Entrepreneur are difficult enough without having to wonder about what to do and when. For over twenty years each and every one of our invoices to clients have detailed not only the work done but clear concise constructive communication that a clie...

  • Sample Letter to Georgia Addressing Assessed/Unpaid Income Taxes Directory Presented by Atlanta CPA

    July 07th, 200907:54 AM ET
    By John Dillard
    Sample Letter to Georgia Addressing Assessed/Unpaid Income Taxes Directory Presented by Atlanta CPA Attached please find a sample letter one might use to address assessed taxes to the state of Georgia when the taxpayer is not aware of what the taxes might be for. Care should be exercised in all letters to ensure that honesty, integrity and good fa...

  • Offers in Compromise & Installment Plans

    July 06th, 200907:56 AM ET
    By John Dillard
    Offers in Compromise & Installment Plans Working with the state and not against it is your best option for getting your tax issues resolved. Hiding you head in the sand will only make the situation worse and taxes and penalties are added and collection efforts are intensified. Having served as a CPA to Atlanta business owners and individual de...

  • Protecting Your Hard Earned Money

    July 05th, 200904:54 PM ET
    By John Dillard
    Protecting Your Hard Earned Money I am constantly encouraging homeowners to get "Fire Insurance" for their money. It's free and all it takes is a little initiative, a little time, a home and a bank. Banks and savings and loans have long helped homeowners finance life's little surprises by offering a home equity line on their home. This amount is a...

  • WWJD...What Would Jesus Do if He Was a CPA

    July 03rd, 200908:20 AM ET
    By John Dillard
    WWJD...What Would Jesus Do if He Was a CPA We strive to live our lives by a higher standard; not just to live by the world's but to live by God's standards. Though I am challenged to be the very best CPA I can be by helping clients keep their tax bills as low as legally possible. However I believe as a CPA and a Believer I am called to a much high...

  • Straight Dealings with the IRS is Your Best Opportunity to Audit Success

    July 02nd, 200907:03 AM ET
    By John Dillard
    Straight Dealings with the IRS is Your Best Opportunity to Audit Success Working with the IRS in an honest open and straightforward basis is your best bet to ensure that your audit experience, to the extent that it can be, is an success. Frequently I see clients who are audited because they have a business and attempt to prepare their returns on t...

  • Unlocking the Mystery Behind CPA Fees

    July 01st, 200902:00 PM ET
    By John Dillard
    Unlocking the Mystery Behind CPA Fees A typical small business fees annually to do your corporate and personal income tax return, tax planning, miscellaneous questions throughout the year, and help get your year-end data ready to prepare your corporate return would be approximately $1300. One of the biggest issue facing business owners is t...
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About this blog
John Dillard, an author and Certified Public Accountant, serves HIM by serving you with his expertise in this blog... one tax return at a time!
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  • John Dillard is an author and Certified Public Accountant. To See how he takes Christ along with him to work visit www.HisCPA.com