Atlanta CPA….A Part-time Virtual CFO on Bookkeeping for Your Atlanta Business
This week at His CPA PC we…. Followed up with present and new clients alike to ensure that their tax returns are correct, their questions are answered and that all tax returns were prepared ensuring that only their lowest legal possible tax was paid. Reviewed back tax returns determining that amended tax returns need to be filed finding previously missed tax deductions saving $7000 as a result of an amended K-1 received from an S Corporation filing IRS Form 1120S, over a previously missed deduction. Met with prospective clients for free to evaluate their tax return preparation and the tax effects of entity selection when incorporating their new business. Re-prepared for free a tax return as a result in an error in original data supplied by a client. Reduced my annual fee on a client substantially to help them survive the continuing downturn in the economy. Followed up with several clients on tax planning issues as well as to get data to timely file their corporate and personal income tax returns. Evaluated for free tax returns filed by other tax preparers, noting opportunities for improvement. Continued monitoring of a clients Offer in Compromise that is presently with the IRS Appeals Office. Forwarded correspondence to a taxpayer address the tax options of an Offer in Compromise, Paying the taxes and interest in full or setting up an IRS Installment Plan.
Continued in encouraging a client company’s president encouraging them to liquidate rather than acquire debt while serving as a part-time virtual Chief Financial Officer. Filed several tax returns for Limited Liability Companies that had converted to an S Corporation for tax purposes. Continued to file Corporate Extensions for corporate clients as C Corporation returns or IRS Form 1120 & S Corporation returns or IRS Form 1120S are due March 15, 2011 for the 2010 tax year, while reminding them that an extension to file is not an extension to pay. Prepared several corporate tax returns for S Corporations/IRS Form 1120S for the 2010 tax year. Worked with several taxpayers to file for their entities to be an S Corporation by the filing of IRS Form 2553: Election by a Small Business Corporation being sure to follow the IRS Revenue procedures when the original deadline of March 15th is not met. Helped taxpayers with their tax planning issues for 2010 and 2011. Discussed Penalty Abatement Issues with a Taxpayer facing garnishment and a levy/tax problems. Met with a new client to help them with their personal tax return. Wrote articles for the Christian Post, an on-line Christian web site. Continued to work with a client needing to file several years of old back taxes for both their corporation and their personal income tax returns. Participated in a Bible Study studying the life of King David: A Man After God’s Heart. Finished all tax returns where complete data was present within 24 hours, some even faster. Assisted a taxpayer with issues for past amended returns. Helped a taxpayer to remind them to file in all states where they transact business. Filed numerous personal income tax returns helping taxpayers to ensure that every legal tax deduction is claimed. Worked with taxpayers to ensure that their internal financial statements are in order so that their corporate tax return may be prepared while being sensitive to client bookkeeping skills, talents and expertise. Took time to talk to someone struggling to make major life choices. Stopped whatever I was doing in the middle of tax season to give a word of encouragement. At His CPA, we believe your soul, heart and life are more important than work issues. Updated our web-site at www.HisCPA.com with nuances on our tax preparation issues and placed articles on our blog Posted several articles on www.LinkedIn.com Posted several articles on www.Twitter.com Wrote funny e-mails to my wife :0) Took my wife’s car to the shop, even though she had taken it to her work being sure to drop off my car and keys.
Counseled my daughter on life/college choices.
At His CPA we believe God made us all to be much more than just someone with a job, someone going to school or a pew sitter. God made you in His image and is looking each and every day for you to be His very hands and feet. Seek to know what God wants you to do today for His Glory, Seeking His Will for you and your life while all the time, being Bold in Your Faith. His CPA PC believes that the best defense is a good understanding of tax law and having a CPA who anticipates your needs and works for your best advantage. Let’s get started today on planning your wise entity choices. Atlanta Part-Time Virtual CFO http://www.youtube.com/watch?v=ZDEgIDuDv_g&feature=mfu_in_order&list=UL A Christian CPA Firm: Never Underestimate the Long Term Benefits John Dillard is a Christian Speaker/Author and Duluth GA CPA. To See how he takes Christ along with him to work visit http://www.hiscpa.com/ or call John Dillard CPA today at 770.814.9304 (All Rights Reserved) Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporating in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Back Taxes, and Bookkeeping.