Accounting News and Notes

Christian CPA Challenges Atlanta Believers: Are You Letting People Know You Love Christ?

Are You Letting People Know You Love Christ? If not, why not? Certainly there are opportunities in some parts of your life where you can be ALL that God made you to be. Pray that you become a light unto a lost world and that you seek to tell ALL you meet the Good News of Jesus Christ. The below is a sample note we might receive off of our web site. See what you can do today to let others see God in You!

I am currently studying for my CPA exam, after receiving my MBA in Accounting a year ago.  The reason I am contacting you is because I too, am a born again Christian.  I admire your ability to show your faith through your work.  I would love to talk to you about that, and Accounting.  If you have a few moments, I’d love to meet with you at your office, or a phone call if you are too busy. Thank you for reading.

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/  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 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, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnett/North Fulton/Johns Creek/Roswell/Forsyth/Flowery Branch/Buford as an Award Winning CPA

Is Your CPA Diligent?

Does Your CPA Pay Attention to ALL the Details?

Are you Sure you are Paying your Lowest Legal Possible Tax?

At His CPA we believe you are made in the image of God.

He said so.

As such you are the son or daughter of a King and should be treated like it.

Our society has forgotten what the word respect is and that the client should be served.

At His CPA we look to pay attention to all of your details ensuring that you are paying only what you owe and not a penny more. The below is a sample letter we might send to a client to ensure that their returns are correct:

Got the information you faxed over to complete your returns. To complete them  I need to know…

-How the year’s mileage should be prorated between your Corporation and your Proprietorship. Please be sure to turn in an expense report to get reimbursed for this in the future.

-Please forward the Balance Sheet for the Corporation. Please note I will always need this when you forward a Profit and Loss.

-Let me know what the type if insurance the business is breaking it out and labeling it accordingly in the future on the Profit and Loss.

-Will let you know the Adjusted Gross Income when returns done but will not know a good estimate until done.

-If you need a good net income estimate for 2012 for your corporation you will want to be sure that your Balance Sheet and Profit and Loss is correct and then to forward to me so that I might critique.

A Faith Based Accounting Firm: Never Underestimate the Long Term Benefits
When was the last time you got good Business and Tax Management Information you can use 24 Hours a day & 7 Days a week.

http://www.hiscpa.com/internal-controls.html Christian Tucker CPA Helps Business Owners Develop Good Internal Control
http://www.hiscpa.com/forensic-accounting.html Your Georgia Business and Forensic Accounting by Atlanta CPA
http://www.hiscpa.com/budgeting.html Georgia CPA Helps Reduce Unnecessary Spending: Budgeting 101 by Roswell CPA
http://www.hiscpa.com/article1.html Atlanta CPA Illustrates Difference Between Planning & Historical Accounting by North Fulton CPA
http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Keys to Managing Business Growth
http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business

Gwinnett Bookkeeping

Roswell/Forsyth/Lawrenceville CPA…Obtains Tax Penalty Abatement Letter for Taxpayer

Just this past week I 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. Dealing with Back Taxes/IRS Tax Representation takes much more than one might think including: A CPA who is well versed in tax representation issues and a proven track record of success. Most involve taking the case up to IRS Appeals, Intense Negotiations and a Dogmatic Zeal for Success and Excellence. A Willingness to Provide Full and Complete Documentation that the IRS Requests. A Imaginativeness and Ability to Think Outside the Box to Consistently Work Towards Successful Resolution. A Refusal To Focus On the Past But a Bent Towards a Positive Future. Both a Technical Grasp and Judicious Discernment Towards the Successful Understanding & Application of Tax Law. Call us Today and see what a Christian CPA Can Do For You.

Is it Time to IRS Appeals, Intense Negotiations

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek/Roswell/Forsyth/Flowery Branch/Buford as an Award Winning CPA

Roswell/Forsyth/Lawrenceville 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? 1 Corinthians 13:4-8 teaches us what love is: Love is patient. Love is kind. It does not envy. It does not boast. It is not proud. It is not self-seeking. It is not rude. It is not easily angered and keeps no record of wrongs. It does not delight in evil but rejoices in the truth. It always protects, always trusts, always hopes, and always perseveres. Love never fails. Can you take out the word love in that entire passage and put your name there? Is Seven patient always? Does Seven keep record of wrongs? Etc. Be challenged this week in the way you love. God is love and His love is perfect. May people know you are a disciple of Christ by the way you love others this week!

News at the Garden…Serving the Homeless of Atlanta

We had a blessed week last week and even had a group from Liberty University join us for a short Fall break mission trip. We cleaned out our dining hall into the new storage container and started putting in a new serving line with cabinets. Many moved on from the ministry but again, we are already full by now. Continue to pray for us as the need is so great, especially with the cold months coming.

Saturday, October 15th, we are having a Blessed to Be a Blessing concert at 7pm here at the Garden. Come join us for a great night of worship and fellowship and if possible, bring some items like hats, gloves, socks, etc. for our brothers and sisters out on the streets! We look forward to worshiping with you!

October 30, we will be hosting our second annual Trunk-or-Treat at the Garden at 7pm. Come back your car in and pass out candy to our little ones(and probably some of the big ones too!) Hope to see you there!

Lord willing, we will have another update next week! Until then, continue to LOVE!!!!!

“By this all will know that you are My disciples, if you have love for one another.” ~John 13:35

GO JESUS GO JESUS GO! LOVE, 7

Is it Time to Upgrade Your CPA/Tax Services Today

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek/Roswell/Forsyth/Flowery Branch/Buford as an Award Winning CPA

Roswell/Forsyth/Flowery Branch CPA…Obtains 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:

-Fourteen months ago I sent a letter to the IRS along with a check to pay the tax and interest in full while providing a reasonable basis for penalty abatement.

-Twelve months ago I sent a letter to the IRS to provide a copy of the amended tax return so that they might correct their records and the tax bill and requesting a Formal Appeal of the initial findings.

-Two months ago I sent to the IRS an Affidavit from the client detailing the facts and circumstances and as to why penalty abatement would be a prudent decision in this case.

-This past week receiving an letter from the IRS acknowledging that our request for penalty appeal has been granted.

Back Taxes/IRS Tax Representation takes much more than one might think including: A CPA who is well versed in tax representation issues and a proven track record of success. Frequently  taking the case up to IRS Appeals, Intense Negotiations and a Dogmatic Zeal for Success and Excellence. Providing Full and Complete Documentation that the IRS Requests. A Imaginativeness and Ability to Think Outside the Box to Consistently Work Towards Successful Resolution. A Bent Towards a Positive Future is essential Both a Technical Grasp and Judicious Discernment Towards the Successful Understanding & Application of Tax Law. Call us Today and see what a Christian CPA Can Do For You.

Is it Time to Upgrade Your CPA/Tax Services Today

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek/Roswell/Forsyth/Flowery Branch/Buford as an Award Winning CPA

Alpharetta/Johns Creek/Duluth CPA…Are You Living in Faith?

You know the more I study Elijah the more envious I become of his faith. There are four obvious qualities he had that we all should try to develop in order to reach the level of faith that we desire. They are WITHOUT QUESTION, NO HESITATION, RECOGNIZING OPPORTUNITY, AND BOLDNESS.

I have a problem in knowing when God is speaking to me or if it just my wishful thinking. Elijah never seemed to have that problem. He knew when god was speaking to him. Whether it was prophesying or ministering, he never questioned God’s motives. His faith was so great that he knew if God was telling him to do something it was best for the greater cause and far beyond his ability to fathom God’s plans.

Elijah also acted on God’s commands with any hesitation. Regardless what the ramifications of his actions or circumstances God was putting him in, his faith that God was using him for the greater purpose was more important and he knew by his faith the Lord would be with him at all times. I can only pray for such faith.

You know the opportunity to minister to other is often right in front of us and we do not recognize it or if we do the opportunity has passed. Elijah always recognized his opportunities moved immediately to instill the Word of God in those who had never been exposed to the Lord or to bolster the faith in those who may need their faith revitalized. God presents us with these opportunities all the time but many times we either fail to recognize them or are not willing to take the time to do God’s work at the time. We should never pass on those opportunities and ask God for the strength, courage, and the right words to say when the opportunity arises. Finally, Elijah always moved on God’s direction with boldness. Whether marching into a kings throne room and warning them of their evil doings and the ramifications thereof or challenging those who threaten to take his life and the hundreds of worshipers of false gods. He knew by his faith that he had already won the challenge even before it started.

When you have true faith you cannot be a person sitting on the fence. You have to make a decision. Do you choose to be a slave of the worldly gods of materialism, power, position and so on, or do you choose to follow the Lord and build your Heavenly Treasures. As the Bible says, you cannot serve two masters. You either choose the worldly desires which lead to evil therefore permanent residence in Hell or choose the Lord’s path and receive your just rewards in His Kingdom. Sitting on the fence may seem to be safe but by doing so you are denying God. Have the faith of Elijah and move without question, hesitation, recognize the opportunities to serve and be bold in your actions. Praise the Lord!

Atlanta Part-Time Virtual CFO http://www.youtube.com/watch?v=ZDEgIDuDv_g&feature=mfu_in_order&list=UL www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek as an Award Winning CPA

Duluth/Suwanee/Lawrenceville CPA…Suwanee Business After Hours

It’s that time again, pilgrims. Get it on your calendar if it’s not already there. We will gather again to prosper as capitalists, in the age of spreading our wealth around.

On Wednesday, 10/12, at Quantum Bank, corner of PIB and Suwanee Dam Road. The time is 6 PM.

Munchies and adult beverages will be available for responsible consumption, as always. Please remember to bring adequate quantities of business cards

Don’t forget any and all donations of food and supplies of all types for The Quinn House. Cans, bottles, boxes, anything. Our great job last year for them was greatly appreciated. I hope we might out-do ourselves this year! See you then.

To learn more about the Suwanee Business Alliance see http://suwanee.org/

Is it Time to Upgrade Your CPA/Tax Services Today…

Atlanta CPA on IRS Installment Plans http://www.youtube.com/watch?v=nvz4y1Ld4vE Submitting an Offer in Compromise http://www.youtube.com/watch?v=-0pJ-Yy1kVE www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek as an Award Winning

Alpharetta/Johns Creek/Duluth CPA…Filing of Corporate Multi-State Returns

Multi State Reporting is not for the faint hearted or ill prepared and taxes a great amount of tax planning to be ready so that no undue surprises occur. The below is a sample letter we might send to a client to help them with their multi-state filing responsibilities when filing of their Corporate Income Tax Return or IRS Form 1120S:

Please be reminded that the IRS/GA/AL will assess late fees and interest for late payment. Your 2011 income grew substantially/doubled over that of 2010 with no substantive change in your withholding for the IRS, GA or AL. Please be reminded that I suggest that we tax plan at least twice annually.

This will confirm our advice that:

You should file corporate and personal income tax returns, business registrations and licenses in all states where you conduct business, have employees and/or a physical location. This includes tax law requirements that your reflect and show your wages and withholdings in the state where your/the W-2 wages were actually earned (i.e., if earned in AL, should show as AL wages and withholdings).

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 have annual Board of Directors, Officers, and Shareholder’s Minutes meetings and that each year you should pay the annual fee with the Secretary of State’s Office to renew your corporations annual registration.

Please be reminded that you need to keep documentation of business miles by day by vehicle.

This is to confirm that you are aware that all active employee owners have to take a fair salary given their position and profit and that the IRS is a pay as you go system and that you are required to pay your taxes as you earn profits. Accordingly especially since you have multi-state reporting and taxation, I suggest that we tax plan at least twice annually.
Atlanta Part-Time Virtual CFO http://www.youtube.com/watch?v=ZDEgIDuDv_g&feature=mfu_in_order&list=UL

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving  Apharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek as an Award Winning CPA

Apharetta/Johns Creek/Norcross CPA…Advises Gwinnett/North Fulton Business Owners on Avoiding IRS Late Payment Fees

As 2011 comes to an end, it’s time to think about what can be done to minimize the amount of taxes paid to the IRS by your business. Although tax planning should be a year-round process, there are several year-end strategies you can take, particularly if you are an S Corporation. The first step will be to ensure that your internal financial statements are properly compiled.

Proper tax planning requires we need to take a look at your financials to do some tax planning for the year. I have recapped below a list of the items we will need in order to properly evaluate and plan for your year-end taxes as well as address any year-end tax planning ideas. The below is a sample letter we might sent to a client to help guide and direct then in ensuring that that there are no tax surprises:

The IRS/GA and generally all states will add late payment fees and penalties for late payment.

In general terms to avoid this you need to either have…

Paid your taxes in full before the last day of the year…as long as pay via payroll withholding

Pay in 110% of your prior year’s tax bill…please note although your 2011 personal income tax return/IRS Form 1040 still reflected a net amount due…your 2011 withholding was substantially less so far than the approximate $8K of taxes due on the prior year return.

Feel free to call if questions

Year End Tax Planning: What Businesses Should Do Now
If you fail to plan, you are preparing to be surprised. Learn how you can get ready now for your year-end liability and survive the year-end tax preparation process. To learn more see http://www.hiscpa.com/year-end-tax-planning.html
Should You Maximize Profit or Work to Pay Fewer Taxes?

Tax Planning is an art under-girded by the science of the tax code and proper planning. Learn what you need to know to be a wise and judicious steward of your business. To learn more see http://www.hiscpa.com/profit-maximization.htmlAtlanta Part-Time Virtual CFO http://www.youtube.com/watch?v=ZDEgIDuDv_g&feature=mfu_in_order&list=UL www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton/Johns Creek as an Award Winning CPA

A Christian Accountant: Never Underestimate the Long Term Benefits

When was the last time you got good Business and Tax Management Information you can use 24 Hours a day & 7 Days a week.

http://www.hiscpa.com/internal-controls.html Christian Tucker CPA Helps Business Owners Develop Good Internal Control

http://www.hiscpa.com/forensic-accounting.html Your Georgia Business and Forensic Accounting by Atlanta CPA

http://www.hiscpa.com/budgeting.html Georgia CPA Helps Reduce Unnecessary Spending: Budgeting 101 by Roswell CPA

http://www.hiscpa.com/article1.html Atlanta CPA Illustrates Difference Between Planning & Historical Accounting by North Fulton CPA

http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Personnel Keys to Managing Business Growth

http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice

http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use.  

Habakkuk 1:5 Look at the nations and watch— and be utterly amazed. or I am going to do something in your days that you would not believe, even if you were told.

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

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.