Over the River and Through the Woods…Directions to His CPA PC

Tuesday, August 17th, 2010

Over the River and Through the Woods…Directions to His CPA PC

Find Out What Hundreds of Gwinnett/Atlanta Business Owners Already Know

His CPA PC…A Christian CPA Firm: Never Underestimate the Long Term Benefits

            From 285 & 85

  • Go 85 North of 285 approximately seven exits to the Sugarloaf Parkway exit. Go west approximately three miles on Sugarloaf Parkway until Sugarloaf Parkway dead ends, take a right on Peachtree Industrial Blvd.
  • In approximately one-half a mile on the left is entrance to River Plantation Subdivision (Noblin Ridge Drive). Please note there is a Kids R Kids School on the right, as you are turning left into the subdivision.
  • After enter subdivision, take the 1st left onto Noblin Woods Trail.
  • Take 2nd left onto Woods River Lane.
  • Home is 5th residence on the left, 1940 Woods River Lane.

From Fulton County near State Bridge

  • Take State Bridge straight over Medlock Bridge Rd. and go over the river into Gwinnett County and at the first main intersection take a left onto Peachtree Industrial.
  • Go approximately 1 mile and you’ll go straight over Hwy. 120 and continue approximately 3 more miles.
  • In approximately two miles, past Hwy. 120, on the left is entrance to River Plantation Subdivision (Noblin Ridge Drive). Please note there is a Kids R Kids School on the right, as you are turning left into the subdivision.
  • After enter subdivision, take the 1st left onto Noblin Woods Trail.
  • Take 2nd left onto Woods River Lane.
  • Home is 5th residence on the left, 1940 Woods River Lane

            From Fulton County at McGinnis Ferry Road

  • Come over the river and through the woods into Gwinnett County and take a right on Peachtree Industrial. Go to approximately the fifth subdivision on the right which is River Plantation Subdivision.
  • Take the 1st left onto Noblin Woods Trail.
  • Take 2nd left onto Woods River Lane.
  • Home is 5th residence on the left, 1940 Woods River Lane

John Dillard, CPA of His CPA, PC (A Duluth CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    (All Rights Reserved) To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304. To discover John Dillard’s Published Books and their vision visit  http://www.john-dillard.com/

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Marching to the Beat of a Higher Drummer: His CPA PC…A Christian CPA Firm

Tuesday, June 29th, 2010

Marching to the Beat of a Higher Drummer: His CPA PC…A Christian CPA Firm 

Want more than just a bill from your professionals. For twenty plus years I believe our clients deserve more than just an invoice. For every invoice for decades His CPA PC is committed to Professional CPA Services, While Seeking Technical Excellence. 

His CPA PC….Practicing the Golden Rules one tax return at a time. 

The below is a sample of what we might send along with any billings or word completed to a client as a regular and ongoing commitment to straightforward, insightful advice. 

This is to confirm that I suggest you have me today/ASAP apply for a S Corporation for your LLC and that if your wife is to remain an Independent Sales Agent that she set up her own S Corporation for both liability limitation and potential tax savings. 

This is to confirm that you are aware of the rules and guidelines of submitting an Offer in Compromise and that I suggest that you ASAP file all of your unfiled returns so we might address and decide the best course of action. And that to submit an Offer in Compromise you have to:

-Owe more than a combination of your net worth and your excess cash flows over the next five years.

-That you have to be current on all of your tax filings and payments. 

This will confirm that you are aware that both the IRS & GA are a pay as you so system and that they will both add penalties and interest for late payments and that tax monies are due and payable as the monies/profits are earned. 

This is to confirm that you are handling all payroll and 1099 issues, your county property tax report, and your business license.

 This is to confirm that you are aware of the need to pay the annual fee with the Secretary of State’s Office to renew your LLC’s  annual registration. 

Please be reminded that as an S Corporation, tax law requires you to take a reasonable salary given position and profit that you may also take shareholder distributions that are legally devoid of FICA and Medicare taxes.  

Please be reminded that you are required to keep a by day log to support business miles.  

It is an honor to serve you. If you know anyone looking for a Good CPA, please let me know and feel free to refer him or her to my web site at www.hiscpa.com 

Very Sincerely Yours,  John C. Dillard, CPA, President

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304.

 ”Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God be in it!”

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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All of our Clients at His CPA PC (A Christian CPA Firm) are Special

Friday, May 28th, 2010

All of our Clients at His CPA PC (A Christian CPA Firm) are Special

Each and every client of His CPA PC (A Christian CPA Firm) is special, as we are all God’s children and made in His image. To that end we even have a policy of how we treat and consider others. To wit: 

  • Communication of all material facts before client needs/asks. Tax plan, tax plan, tax plan. For quarterly’s and monthly clients update formally (in writing) at least quarterly. All tax planning facts should be presented in full to me prior to sharing with client.  Always let clients know where they stand vs. last and this year sales, profits, and withholdings. Let all clients know in writing by March 1 and April 1 plans for finishing their corporate and personal income tax returns respectively so as to be sure to have returns filed be their respective due dates of March 15th (for corporate returns) and April 15th (for personal returns).
  • Fix all problems before client knows that they have a problem. Visit clients (with their approval) to help set up controls and procedures to have zero errors in their data and our reports. The goal will be to have the highest level of service changing traditional accounting firms services orientation  from client correction to that of client advice.
  • Written communication of sales and profits quarterly comparing data to last year and anticipated results. Goal, no surprises!
  • Twice annually (in writing) give advice no one expected (i.e., life insurance needs, estate planning, collection procedures, cash flow issues, lines of credit, etc., etc., etc).
  • All clients are special. However, sometimes smaller clients (due to length of time holding file, deadlines, garnishments, etc.) will take precedence.
  •  Turn around all clients within seven workdays. Goal for small clients is ten workdays. Treat everyone “special.”
  • Communicate and interact with clients frequently.
  • We are where we are because of decisions we made in the past. Our current actions control our future. CPA’s should help clients make sense out of a changing world, as we are the trusted professionals who people and organizations trust to shape their future.

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304. “Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God be in it!”

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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What Clients of John Dillard CPA (A Christian CPA Firm) Have to Say…

Wednesday, May 26th, 2010

What Clients of John Dillard CPA (A Christian CPA Firm) Have to Say… 

We often work with other professionals who frequently refer us. The below is a sample recommendation letter we might receive recommending a client to utilize our services:

As we discussed, John Dillard (www.HisCPA.com) specializes in accounting for small to medium-sized businesses and can help you sort out Quarter 1 and Quarter 2 2009 and 2010.  He has been a wonderful asset to many of my clients, and I highly recommend him.  He can be reached at 770-814-9304, and  I’ve copied him on this email for your convenience.   

Please let me know if I may be of further assistance.  As I mentioned, we can grant your CPA web portal access to view your payroll reports with your permission so that you do not have to keep sending reports back and forth.  Just let me know if you’d like this because there is a form you will need to initial.

 John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304. “Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God be in it!”

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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A Day of Hope: Compassion Outreach at Gwinnett County Fairgrounds

Tuesday, May 11th, 2010

A Day of Hope: Compassion Outreach at Gwinnett County Fairgrounds

This Saturday, May 15th,  A Day of Hope Foundation, is having their first annual event at the Gwinnett County Fair Grounds from 10AN to 5PM. This is a free resource fair that will cover topics ranging from mental health, addictions, physical wellness, finances, resume and skill building tools. There will be free dental and health screenings and over 30 booths to offer information and support.

For kids there will be face painting, music,  inflatables, skateboarding presentations and two high school praise teams offering stomp and dance called Genesis. There will be music throughout the day.

A Day of Hopes Vision Statement is “…bring together dynamic people and organizations who share our passion for the purpose of providing hope to the hopeless, in love, through the various talents and resources we are collectively gifted with!”

To Gain More information you can visit A Day of Hope’s web site at http://www.adayofhopefoundation.org/

Information Presented Here by John Dillard CPA (A Christian CPA Firm)

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Duluth/Roswell/Atlanta CPA On Keeping Your Corporate Income Tax Simple

Friday, April 9th, 2010

Duluth/Roswell/Atlanta CPA On Keeping Your Corporate Income Tax Simple

If your business is an S Corporation, there are no income taxes are paid with the corporate return. The profits of the business are reported on the personal tax return of the S corporation’s shareholders. As long as you pay yourself a reasonable salary, you may also take shareholder distributions out of the business that are devoid of FICA/Medicaid taxes. Another advantage of S Corporations is that if you have corporate losses, and you fund (you put the money in the business) those losses personally, then you can deduct those losses on your personal return. Any losses that are funded by the bank (a direct loan from the bank to the corporation) or by trade creditors are not deductible. Below is sample letter we might receive from a client looking to do tax planning for 2010.

The envelope with my personal 1040 and 500 has a cover sheet that says the 1040ES and 500ES vouchers should be in there too, but I can’t seem to find them anywhere in that packet.  Do you have PDFs of those you can email me? 

Below is my response: 

I suggest to all S Corporation clients that we do not use Estimated Tax Payments. An owner should report the K-1 profit, which is based upon their share of the business and not the amount of their shareholder distributions. This is a common misnomer about S Corporations and often leads to confusion for the new business owner. To that end it is best to remember that you pay taxes on the profits when you make them and not when you take them. For example generally speaking if your business nets $100,000 and you are the sole owner, you will pay taxes on $100,0000 whether you take zero dollar of shareholder distributions, a $100,000 or any number in between. Thus if you were to have a $100,000 profit in any given year and take no distributions then you would be able, absent any other issues, to take shareholder distributions in subsequent years with no additional tax responsibility as these monies would have already been taxed. 

I suggest that you get to me an estimate of your 2010 profit before any salaries or distributions to you and then I can tax plan for accordingly and advise you as to what you should have withheld from your paycheck so that you do not also have to pay quarterly estimated payments.

Proverbs 3:5  Trust in the LORD with all your heart and lean not on your own understanding;

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!

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Family Business Radio Presents Alpharetta CPA…Where Atlanta Small Business Are Uplifted

Monday, March 15th, 2010

Family Business Radio Presents Alpharetta CPA Firm…Where Atlanta Small Business Are Uplifted

We are pleased to be a part of the BusinessRadioX family and even more excited to be one of the showcase family-owned businesses.

Our mission is to create community focused entirely on family-owned businesses.  Our guests will include family-business owners just like you who will give you first-hand insight and share their stories of how they overcame obstacles, maintained strong-family bonds and built their business and their legacy.

In addition, we know first-hand that the right trusted advisor and the addition of non-family member executives at key stages of your family-owned business can make all the difference in ensuring that both your family and your family-business thrive.   So our show will include expert advisors and interviews with key non-family executives who have filled vital roles and contributed to the overall success of family businesses.

And we look forward to your input—let us know what topic is most pressing on your mind.   This is your community too.  Thanks for being part of it.

You can get Family Business Planning, Strategic Advice and Tax Ideas on Atlanta CPA John Dillard’s Podcast at http://familybusinessradio.businessradiox.com/116

 Meredith C. Moore, LUTCF, CLTC
10896-A8 Crabapple Rd
Roswell, GA 30075
Office: (770) 587-0281
Cell: (404) 697-5289
Fax: (770) 587-0283
http://www.moorewealthmgmt.com
moore@moorewealthmgmt.com 

Coordinating the financial affairs for a select group in Greater Atlanta”

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits

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, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Award Winning Alpharetta/Atlanta CPA Asks Does Your CPA Think “Outside the Box?”

Saturday, March 13th, 2010

Award Winning Alpharetta/Atlanta CPA Asks Does Your CPA Think “Outside the Box?” 

Ensuring That You Pay Your Lowest Legal Possible Tax. As a Atlanta Christian CPA I believe I have several key responsibilities including: 

1. Keeping Your Tax Bill as Low as Legally Possible.

2. Planning for Your Financial Future/Retirement.

3.Think Outside the Box.

4. Find Missed Tax Deductions.

5. Practice the Golden Rule.

6. Offer Excellence in Service at a Mid-Range Price.

7. Be Emphatic.

8. Be Fast, Accurate and Professional.

9. Be Bold in My Faith in Jesus Christ.

10. Good Returns: FAST 

Living out our faith as Believers requires all of us who follow and accept Jesus as our Savior to lean on Him during all times, boldly seek His will for our lives and to live expectantly as we seek to live in love. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

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, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping

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Atlanta CPA Teaches Addressing IRS Notices for Atlanta Taxpayers

Monday, October 19th, 2009

Atlanta CPA Teaches Addressing IRS Notices for Atlanta Taxpayers 

Below is a sample of a notice I might receive from a taxpayer regarding their receipt of an IRS Tax notice detailing their concerns and questions. Addressing IRS notices and payroll tax issues are the bane for many taxpayers and the hiring of a competent payroll service is your best bet to ensure that you can work on your business rather than getting mired down in burdensome administrative details. 

I have a question about the attached IRS penalty letter I received today. It says that there is an Informational Return for 2008 that was not filed in a timely manner. I don’t have a clue what this could be about or if it’s some kind of mistake. When you amended our 2008 and 2007  S Corp. returns, was there any informational return that need to be sent also, such as a W-2/W-3 or something else? 

If none was required with the amended return, should I contact who did the original 2008 return?  And what other informational returns could be involved, other than a W-2/W-3 for our salary?  I never got a copy of the W-3 from our prior accountant.  All he gave me was a W-2 to file with our personal return.  I think he also sent out all the 1099s that year, so could the 1096 form also be the late informational return? Please tell me anything you can about what would cause this problem. 

Payroll is the largest and most burdensome administrative responsibility for a business owner. Whether you have one employee or a thousand, both the IRS and your state has a myriad of payroll reports and deadlines for which you are required to complete. Unfortunately there is not a one-stop shop to pay and report all of the varying deadlines and taxes. However, there is a solution that makes the reporting of payroll dramatically more seamless than if you strive to go it on your own.

The easy part of preparing a payroll is the actual paycheck itself, but that is where the simplicity stops and the difficulty begins as there are a dramatic list of reports and varying deadlines to meet. To this end I have recapped below some of the reports and their significance. Here is the letter of response I forwarded:

The letter you forwarded indicates that it is for a Civil Penalty which typically indicates payroll taxes returns. Might I suggest you first review all of your 2008 payroll tax returns to see if they were all timely filed and paid. As it is in your best interest to always to hire an Atlanta Payroll Service to handle all of your payroll needs as you could then forward this notice for their review and for them to both resolve and to pay if indeed they caused the penalty. To discover about payroll tax reports and their tax deadlines visit http://www.hiscpa.com/payroll.html

To learn more about tax entities and the taxation thereof visit http://www.hiscpa.com/article2.html  There you will also discover a wide host of resources for Atlanta Entrepreneurs.

John Dillard is an Christian Speaker/Author and Certified Public Accountant in Duluth, GA. To See how he takes Christ along with him to work visit http://www.hiscpa.com/ and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and a Voice of One: Nehemiah’s Prayer visit http://www.john-dillard.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, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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Christian CPA Helps Solve Tax Problems, Resolution and Advocacy

Thursday, November 20th, 2008

Christian CPA Helps Solve Tax Problems, Resolution and Advocacy

CPA Serving Atlanta GA & Beyond

Working through tax problems is not as easy as they make it sound on television ads. You cannot just meet with an IRS representative, file an Offer in Compromise or get on an installment plan and all will be better. The last national acceptance rate that I saw published the rate of successful completion of Offers in Compromise to be approximately 22%; this means that you would have a 78% chance of failure. As a Body of Believers we are all called to submit to authority and to that end we should all pay our just and fair taxes. Our tax system is one of voluntary compliance and to this end we should and need to stay true. But there are many options when dealing with tax issues and there is not a one size fits all mentality that should be applied to resolving tax issues. These ideas will help you begin to understand what is and what is not in your best interest in dealing with your IRS or state tax problems.

Tax Liens, Levy, Levies and Garnishments. The Department of Treasury/Internal Revenue Service has many tools in its tool box to encourage you to pay promptly. The ultimate in all professional representations should be to avoid as many of these as possible with the goal of preventing an undue headaches, which may occur when Tax Liens, Levy, Levies and Garnishments occur. All of these are effective means the IRS has at its disposal to encourage and indeed force collection of open and due tax monies. It is most wise to deal proactively with back tax  and payment issues to ensure that enforced collections are not necessary as they do much to limit your possible options for successful tax resolution.

Tax Relief. Tax Solutions. Tax Help. Each and every situation is different. Like snowflakes, there are no two tax situations that are the same. Though you may feel you need a tax attorney, and your might if going into tax court, most all tax issues may be resolved well before the collection process goes “legal”. Frequently taxpayers with several years worth of tax returns to both file and pay are well served by a CPA who is well versed in tax preparation issues and the IRS collection process as well. The goal of all parties should be for resolution of issues “for once and for all” and to get back into the system as a “compliant taxpayer” by both filing and paying all future taxes on a timely basis.

Tax Options & Alternatives. Tax representatives who offer to “settle for pennies on the dollar” may not always have your best interests at heart, as there should not a one stop way to fix all tax issues. For example, many who originally feel they are best suited for an Offer in Compromise or an Installment Agreement soon learn that these are not in their best interests. Many who initially are set out up on a payment plan to the IRS soon thereafter discover that the penalties and interest are growing more rapidly than the amount of their payments, thus continuing their downward financial spiral. Similarly, Offers in Compromise are often submitted for taxpayers for who are not good candidates for the Offer Process itself. Care should be taken on the front end to verify that all candidates for an Offer in Compromise are well-suited and are well-qualified candidates for this process.

Taxpayer Advocate. Find a CPA who looks after you and to whom you believe has your best interests at heart. Check references, meet face-to-face, gain a good understanding of the CPA’s depth of knowledge and understanding of not only what created the tax issues but also your ability to communicate with him/her. Also be sure that your CPA, does not have a “program” and an “up-front fee”. Payment as services are rendered, such as one would do with an attorney or a physician is your best bet to stay in tune with all actions done on your behalf.

Working with the IRS. Working with the IRS, rather than against it, is your best option to ensure that both your rights as a taxpayer and U.S. citizen are protected and that you solely pay the taxes, which are due, using every option that a CPA has available. The collection process and representation issues take time. To learn more visit these fine articles:

Solving IRS Tax Issues
Don’t fight the IRS but work with them to resolve your tax problems. Discover a myriad of legal ways the IRS is eager and willing to work with you to resolve any unpaid debts, penalties, and interest.

Paying Your Taxes – Withholding and Extensions
Paying your taxes made easy. This section will enable you to quickly grasp the general guidelines of tax law requiring that you pay taxes as you earn money. As well, extensions and their uses and limitations are disclosed and discovered.

How to Avoid an IRS Audit
Discover simple steps that you can do to help prevent an IRS audit. Though the tax code is at times very difficult to understand and comply, these basic simple steps will help you avoid an IRS audit.

Solving IRS Tax Problems: Submitting an Offer in Compromise
When all else fails and if you qualify, the IRS and Georgia both have a program which will enable you to work to solve the severest tax problems.

Written by John Dillard CPA of His CPA at 770 814 9304 and visit www.hiscpa.com (an Atlanta Christian CPA firm). At His CPA we march to the beat of a higher drummer where we put the “Golden Rule” to work each and every day by “Serving Him by Serving You…One Tax Return at a Time.” We advise clients on: IRS representation, Offer in Compromise, Incorporation in GA, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Payroll Administration, Bookkeeping.

We serve clients that are located in Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain and Decatur, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock

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