Remington Financial Group Business Consulting Services
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By :
Noel Swanson
Submitted
2008-08-26 00:00:00 |
What do I need to do to start a new business? Typically, most people will go to their lawyer first, get the business set up and then contact an accountant. I would rather that you contact me at the beginning. There are many different kinds of companies and I can help you select the best one for the kind of company that you will be setting up. Then I will continue to help you with payroll, tax returns, monthly accounting, and financial statements to whatever degree you need.Yes. When setting up a new business, it is crucial to set up the right type of business, such as corporation, S corporation, limited liability company, limited liability partnership, partnership, sole proprietorship, etc.
I prepare my own tax return, why use your services? Many times you are correct and you can prepare and file a return. But did you take all the deductions? Did you take the available tax credit? Did you go to a tax course in the past 12 months? We find that many returns can be self-prepared but many are lacking in all the deductions that can be taken.Typically, most people will go to their lawyer first, get the business set up and then contact an accountant. I would rather that you contact me at the beginning.
Are QuickBooks or Peachtree good products? QuickBooks and Peachtree can help you with your small business accounting, but they cannot think for you. The software has to be set up properly from the beginning or you will have problems. I find that by setting it up yourself, it can cost you more in accounting fees because it takes longer for me to resolve those errors. We advise that if you are going to use one of these products you have me help you set it up.
What is an Authorized IRS e-file Provider? An Authorized IRS e-file Provider is a tax professional or firm who is accepted into the IRS electronic filing program. One type of Authorized IRS e-file Provider is an Electronic Return Originator (ERO). An ERO is a person or firm that taxpayers entrust with tax information for the purpose of filing income tax returns electronically to the IRS. Keener Consulting is an ERO.The annual exclusion is $11,000 for 2004 and 2003, per donee, with an annual maximum of $22,000 per donee applicable to spouses who utilize gift splitting. Additionally, there is an unlimited exclusion for payments of tuition and medical expenses.
What size clients do you accept? I accept any client within my service range. If the engagement is very large, I may form an alliance with another CPA firm and perform a joint engagement. There is no account too small to be considered important in our office.Of course, I will supply you with a copy and if you lose it, I will furnish you with another copy. If I did not prepare the return, and for some reason you do not have a copy in your possession, you need to file form 4506, Request for Copy or Transcript of Tax Forms, with the IRS service center where you filed your missing return.Yes! Many of my clients are just starting in business.
How can I obtain a copy of my tax return? Of course, I will supply you with a copy and if you lose it, I will furnish you with another copy. If I did not prepare the return, and for some reason you do not have a copy in your possession, you need to file form 4506, Request for Copy or Transcript of Tax Forms, with the IRS service center where you filed your missing return.My practice services clients in many other areas. I have several clients in the Dallas-Fort Worth metroplex. I also serve clients outside of Texas and have tax software to prepare returns in all states.
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Author Resource:-
confidential report for you at Remington financial group Business Consulting Services
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