Accounting News and Notes

Newsletter from John Dillard CPA/His CPA PC

At His CPA PC we are working hard to provide business and financial solutions to Gwinnett/Metro Atlanta business owners for years. The below are a few items for you to reflect on as you plan the rest of 2012 and your business’s profitability, 2012 taxes and your retirement.

Recession Proof Your Finances
Learn how you can begin today to take the necessary steps to plan for lean economic times. Careful study and review of your saving and spending habits and their re-direction will help survive recessions that will inevitably occur. To read more see http://www.hiscpa.com/recession-finances.html

Selecting the Proper Type of Retirement Plan for Your Business
Whether you are just getting started or have been in business for years, selecting amongst the varied retirement plans requires the skill of a surgeon and the grace of an artist. See http://www.hiscpa.com/retirement-planning.html or feel free to contact Mr. Mike Allee of Edward Jones at 770 962 0831

Factors to Consider When Valuing a Business
Although each and every business is different learning basic valuation techniques will put you well ahead of others when evaluating either the value of your own business or a potential purchase. Visit http://www.hiscpa.com/business-valuations.html

Do You Know Anyone Who is Upside Down on Their Mortgage?

Are you upside down on your mortgage? Many people are upside down on their mortgages right now. Don’t worry. You are not the only one. There is a mortgage program that was started called HARP which stands for Home Affordability Refinance Program. It allows you to refinance your home if you have good credit, but have not been able to because of the low appraised values in your area. To read more see http://www.hiscpa.com/blog/2012/06/11/hapr-2-0-do-i-qualify/

Is Your Mortgage Interest Rate Higher than 4.5%?

No Cost Financing Options For Your Home: If you are looking to refinance your home there are option called “no refinancing cost” loans that might be great options. In this world we learn over and over again that flexibility is important and this is perhaps truest in what will be the most important financial decision in the financing of your home. The no costs loans make the most sense when you are not sure that you are going to be in your present home for over six to eight years and you do not want to add to the principal amount owed, come out of pocket to pay for closing costs or to reduce your equity in your home. Visit http://www.hiscpa.com/blog/2012/06/11/no-cost-financing-options-for-your-home/

Looking For Competitive Rates on Payroll Services?

“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.” — Duluth CPA, John Dillard CPA  To learn more contact Kris Hudson of ADP at Kris.Hudson@adp.com or call 678 358 3535

If you know anyone looking for a free initial review of their past filed corporate income taxes, need to file back tax returns, starting a new business, financial statements and bookkeeping help or IRS Representation please forward along my contact information.

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Suwanee, Lawrenceville, Snellville, Lilburn, Duluth, Norcross, Peachtree Corners, Atlanta, Gwinnett, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Dunwoody, Grayson, Alpharetta, Roswell, Dunwoody, Sandy Springs & Tucker as an Award Winning CPA

No Cost Financing Options For Your Home

If you are looking to refinance your home there are option called “no refinancing cost” loans that might be great options. In this world we learn over and over again that flexibility is important and this is perhaps truest in what will be the most important financial decision in the financing of your home.

The no costs loans make the most sense when you are not sure that you are going to be in your present home for over six to eight years and you do not want to add to the principal amount owed, come out of pocket  to pay for closing costs or to reduce your equity in your home.

The no cost option can be used for either a new purchase or a refinance. A no cost options is a great alternative for example when you have a loan higher than the present quoted rates for a no cost refinance and you do not want to come out of pocket/pay for/have added to your loan balance the closing cost.

When you do a no cost closing the mortgage company processes your loans at a rate that is a bit higher than what a full cost loan would be. Mortgage companies are able to do this as they then have a slightly higher interest rate they can sell on the open market at a higher rate so the mortgage company makes its money on the back end.

To learn more you can contact Philip Byrd today of Trinity Mortgage and Financial Group LLC at 404-936-0405 to see the best loan for you and visit www.trinitymortgage.org