Atlanta CPA....Got a New Business that is a C Corporation or an LLC?

Just Got Your New Business Incorporated?

Looking to Find Which Entity Type is Best for Your New Business?

There is no such thing as a perfect entity type but you do want to be sure to make a wise and informed choice when deciding which entity type is best for your newly incorporated business. The below is a sample letter we might send to a newly incorporated company so they might be fully informed about the tax implications of choosing a C Corporation or an S Corporation for tax purposes. Both C Corporations and an LLC (Limited Liability Company) can elect to be treated as an S Corporation for tax purposes, which most always will result in an lower overall tax liability. Be sure you work closely with your CPA before making any important tax election decisions.

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Atlanta CPA... Tips To Survive in Any Business Economy

Avoid Unnecessary Expenses and Avoidable Luxuries

Before I moved from Duluth I had lived in the Lilburn area and was intimately involved during that time with the Lilburn Business Association. Also having had my own CPA firm for over 22 years and having been a CPA for 30 plus years I have seen what makes business work and what makes a business fail. Perhaps there is not greater example of this than in the contracting business/industry.

At present we have clients we have long been involved in the contracting/construction industry and the tried and tested methods that worked before still work today.

Avoid Unnecessary Expenses and Avoidable Luxuries

Stay Lean. While owners are proficient at their chosen task they often fail at planning, financial and administrative functions. These functions are not the lifeblood of a business; sales are. However, without these functions, even the best sales organizations will eventually fail. The owner who anticipates the needs of a business will be better suited to handle the emergencies that arise. Accordingly, the owner that handles these other tasks in addition to sales will succeed. Everyday risks occur and have to be immediately addressed and handled. Long term strategic decisions such as opening a new location or getting into a new business need to be carefully reviewed in regards to financial, manpower, and market conditions. Keeping your business "lean and mean" will help your business do well in any market condition. See http://www.hiscpa.com/article5.html FULL POST

Atlanta CPA...Good Bookkeeping as a Building Block for Tax Mitigation

With one of our business clients who files an IRS Form 1120S as an S Corporation, we believe in going the extra mile to make sure tax returns are filed ensuring:

-Every legal tax deduction is claimed

-Tax Returns are Prepared Quickly and Efficiently.

Just this past week on Wednesday at noon, we received the data to prepare the corporate and personal income tax returns for one of our business clients, at which point we went to work. Diligently, Efficiently and Effectively.

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Atlanta CPA...Is Your Christian Walk that of a Screaming Banshee?

They Will Know They Are Christians by Our Love...

Are You Seeking To Love Others Today?

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Atlanta CPA...Are You Following Jesus...on Twitter?

Are You Following Jesus...on Twitter?

Christianity is Not for the Meek...

Or the Weak Hearted...

Jesus got his hands dirty...

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Atlanta CPA...God Is Readying Your Mansion in Heaven

God Is Readying Your Mansion in Heaven. No I don't know how
or what we will live in...but I do know it will be beyond our wildest dreams.
Seek today to whom you will serve. Him or the Evil One for both roads have a
destination and though I may struggle greatly along the way...when I fall...

I will get up again!!!

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Atlanta CPA...Final Deadline for Personal Income Tax Returns Rapidly Approaching

The Final Deadline for Personal Income Tax Returns Rapidly Approaching

Don't Panic like a Screaming Banshee...Contact Your Local CPA Today

http://www.hallmark.com/ECardDisplay/ECardDisplay/nfz1828_DK

The final due date for personal income tax returns is 10-15-11.

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Atlanta CPA... "Do others know you are a disciple of Christ by the way you love?"

"Do others know that I am a disciple of Christ by the way I love?" Jesus has given us a "Love your brother policy". This doesn't just apply to that one hour you are in church on Sundays either! Does love penetrate out from you or would people describe you as easily agitated and annoyed?

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Atlanta CPA...Receives Tax Penalty Abatement Letter

I recently received a penalty abatement letter on a taxpayers prior personal income tax return. Tax penalty abatement letters are not handed out liberally and are only granted when appropriate. The process of gaining penalty abatement is a long and exhausting road, that once on settles on a course, cannot be pushed aside or easily distracted. The below is a sampling of a process that just resulted in gaining the IRS penalty abatement notice:

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If John 14:6 Were A Picture              

This picture says it...

All..

John 14:6 Jesus answered, "I am the way and the truth and the life. No one comes to the Father except through me.

Is God Speaking To You...

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