John Dillard is an author and Certified Public Accountant. To See how he takes Christ along with him to work visit www.HisCPA.com
Posted 5/21/10 at 6:12 PM | John Dillard
Atlanta CPA Provides Guidance to America's Taxpayers on Addressing Back Taxes/IRS Representation Issues with the IRS
Below is a sample letter one might use when addressing open and unpaid back taxes with the IRS. The goal of both the initial and all verbal and written communication with the IRS is to establish honest and open dialog and to develop reasonable expectations for the taxpayer. Below is a sample letter that might be used when back tax returns are unpaid and to give the taxpayer time to pull their information together to submit an Offer in Compromise. As always with IRS Representation issues it is essential to retain an experienced CPA who is well versed in such matters.
Posted 5/20/10 at 7:55 AM | John Dillard
Christian CPA's: How to Find the Right One
With tens of thousands of CPA's in Atlanta to choose from, it's difficult for business owners to find the one who is best suited for their needs. Having been a CPA for almost three decades, you soon discover that CPA's like doctors and lawyers are not all alike and that each one has their own particular set of nuances, training, experience and specialties. Just as finding the right doctor when you are having chest pains, it is equally as critical to your business success to find a CPA to fill in the financial gaps that many business owners lack.
Our world has become one of intense specialization as you have had to hone and perfect your craft and you will want to find a business CPA whose dedication and ambition matches that of your own. To that end, recapped at http://hiscpa.com/Atlanta-CPA.html several issues to contemplate as you make one of the most important decisions that will impact your business success and your family's financial future. Preparing tax returns is a "taxing" business, being sure you retain a CPA who can see "both the forest and the trees" will be essential to ensuring that you pay only your lowest legal possible tax. Below is an excerpt we might use to help a taxpayer be sure that we have all of the required information to properly process and evaluate their return:
Posted 5/18/10 at 2:50 PM | John Dillard
Atlanta CPA Provides Checklist for New Business Owners
The below is a recent sample inquiry we might receive from a new business owner seeking to ensure they understand all of the nuances and reporting issues for America's Business Owners & Entrepreneurs:
Hi, John - thanks again for spending time with the us the other day. I was hoping to get on the right track with the financial aspects of our business. We have submitted the sales tax application to the Georgia Dept. of Revenue but have not heard back from them yet. In the meantime, we are making some sales, but have no clue as to when or how to remit sales tax to the state. Do you have some guidance for us on that? Is that a monthly, weekly or quarterly submission? Lastly, my sister-in-law, who is a CPA in FL, mentioned that many CPA's have a checklist of things clients should be mindful of as they start their businesses and during the course of the operating year. Do you have something like that to share with us? I think it would be a good thing for the boys to have as a reference. Thanks again.
Posted 5/16/10 at 3:45 PM | John Dillard
Great Day of Service Answering the Question WWJD: What Would Jesus Do
Taking Christianity Into the World
By your actions you have been the very hands and feet of Jesus Christ. I pray that He blesses you and your family deeply this year and that He continues to reveal himself to you and your life. I hope that His destiny for you and your life is further revealed as you seek to me more like Him.
Posted 5/16/10 at 3:35 PM | John Dillard
People Get Ready; Jesus is Coming Soon
Give Your Life to God While There's Still Time...Taking Christianity Into the World
"...in a flash, in the twinkling of an eye, at the last trumpet. For the trumpet will sound, the dead will be raised imperishable, and we will be changed." 1 Corinthians 15:52
Posted 5/15/10 at 9:37 AM | John Dillard
Can you give God 10 Minutes Today?
I invite you to go into a closed quiet room and remember....
You may be asking yourself what in the world am I doing? I think we all find ourselves there in the midst of planning and coordinating and feeling overwhelmed at the prospect of stepping out of our box, giving up a week of our lives, leaving work, summer schedules, etc. behind. So hopefully this will give you a little insight into why you are doing what you are doing and why you are so important to God's team...Your heart, your passion and your contribution to the Body of Christ, presence on the journey and helping God to fulfill the Great Commission are integral and important beyond words.
Posted 5/14/10 at 1:11 PM | John Dillard
Faith Prayers...Transforming Lives...Becoming More Like Him
I pray that our church become a body of Transformed Lives, seeking to bring Jesus into all aspects of their lives, homes, work, school and friends. I pray that we become a people who are like God, and become the very hands and feet of Jesus Christ seeking to be a light into the word. I pray that we become a student of God's word seeking to know all we might about our creator, to be bold in our faith, while seeking to discover God's destiny for our life.
Posted 5/13/10 at 8:06 AM | John Dillard
Top Tax Tips for America's Business Owners & Entrepreneurs
Recently we have picked up several new accounts who were also business owners and therefore had substantially more than a taxpayer who predominantly had mortgage interest and charitable contributions. It is widely recommended that all business owners use a CPA who is well experienced with the nuances and tax reporting for small business owners and entrepreneurs. Below is a sampling of the types of issues that have occurred on those returns in elevating those situations to proper bookkeeping, recording and compliance with tax issues.
A C Corporation that can legally convert to an S Corporation to avoid the double taxation of filing as a C Corporation/Form 1120.
Posted 5/11/10 at 7:55 AM | John Dillard
Finding Our Way to God
Taking Christianity Into the World
Frequently when we try to share God's love with others we get tongue tied as we strive to me more insightful than we need be. When Jesus walked the earth it seemed as if He made all of the complicated things we see; simple.
John 14:6 Jesus answered, "I am the way and the truth and the life. No one comes to the Father except through me."
Posted 5/10/10 at 1:32 PM | John Dillard
Seeking God's Power With All of Your Mind, Body & Spirit
Taking Christianity Into the World
When our family was first asked to lead a Family Mission Trip, we immediately began praying the prayer of Jabez and that God might allow us to have a dramatic impact on the reservation and in the heart and lives of the Navajo.
Be Bold In Your Faith: Call on God for Miracles