His CPA (an Atlanta Christian CPA Firm)

Post tagged with His CPA (an Atlanta Christian CPA Firm)

Duluth CPA on How an LLC can Legally Convert to an S Corporation for Tax Purposes

May 03rd, 200909:53 AM ET

By John Dillard

Duluth CPA on Converting your LLC to an S Corporation Might Save You Money Though S Corps came into vogue in the 1950's when Congress passed legislation allowing business owners to pay their taxes on their business profits on their personal return, an Limited Liability Company (LLC) is a relative newcomer on the tax scene. Like an S Corporation th...
Net Operating Loss Carry-backs and Net Operating Loss Carry-Forwards

April 27th, 200908:05 AM ET

By John Dillard

Net Operating Loss Carry-backs and Net Operating Loss Carry-Forwards Tax law has long allowed individual taxpayers to carry back and to carry forward tax losses to offset reportable income in other years. Thus if a taxpayer has a business loss that is reflected on a return they can carry these losses either back for forwards thereby legally shelte...
Business Sales and Acquisitions Tax Filing Requirements

April 15th, 200907:55 AM ET

By John Dillard

Business Sales and Acquisitions Tax Filing Requirements Filing the Asset Acquisition Statement: Form 8594 When buying or selling a business one of the most frequently neglected tax forms is IRS Tax Form 8594: Asset Acquisition Statement. Generally both the purchaser and the seller must complete Form 8594 and attach it to their income tax returns ...
Business Valuations: How to Prepare and Understand a Business Valuation

April 14th, 200908:00 AM ET

By John Dillard

Business Valuations: How to Prepare and Understand a Business Valuation Whenever you are contemplating buying or selling a business, presently own your company, or in the midst of estate planning, the value of a business is a critical component in all planning, acquisitions, or marketing your business. The most essential component of preparing or ...
LLC Corporations and LLP Corporation Returns are Due April 15, 2009

April 13th, 200906:39 AM ET

By John Dillard

LLC Corporations and LLP Corporation Returns are Due April 15, 2009 The 2009 Tax Deadline for filing of your 2008 Corporate LLC & LLP 2008 Income Tax Returns is April 15, 2009. Therefore all calendar year corporations are due by that date. If for any reason you are not able to file your return by the due date both the IRS and state all...
Understanding and Utilizing Forensic Accounting Issues

April 06th, 200911:42 AM ET

By John Dillard

Understanding & Utilizing Forensic Accounting Issues Forensic accounting issues are not for the meek hearted or ill trained. As our world becomes more complex so should our procedures and internal controls. To protect your business, you will need much more than just a good business plan, but also fraud detection procedures, sound practices and...