So I have been going on about it forever, I have even announced that I am headed to the exams to become one. So what is an Enrolled Agent (EA)? Simply put, Enrolled Agents (EAs) are America’s tax experts. The Enrolled Agent status is the highest credential the IRS awards. Individuals who obtain this elite status adhere to great et [...]
Monday I posted Really you don’t’ know what an Enrolled Agent (EA) is? I would like to point out that the client I lost was due his believed need for a CPA to sign his returns. From talking to the client, it seems it was his banker who told him that.
So let me start by saying that public perception of who is a tax preparer and who can p [...]
Well here we are, January and it is time to start getting your tax information ready. But what do you need? Twelve months have passed. With the economy the way it is many have already been thinking about their taxes, some haven’t.
Getting things ready to take in to your tax preparer is sometimes a gruelin [...]
It has come to my attention that many of you could use some help in understanding how to use your Profit & Loss effectively in managing your business. Even more so, Some of you may not even know that this is a tool to use in managing your business. So here is just exactly what the Profit & Loss Statement is good for.
The Profit [...]
There comes a time in every small business owner’s life when they start thinking about moving payroll from their living room computer into the hands of a hired professional.
View L & R Tax Preparation Payroll Video
Shopping for a payroll professional, as well as anything else, requires a little research.
Having just moved my company [...]
The IRS has been making changes to the Electronic Filing Mandate that originated in H.R. 3548 as predicted when it first came out.
At this point in time they are saying for this next tax season they “anticipate” asking requiring preparers who do 100 or more returns to file electronically and then lower that threshold to 10 for the next [...]
by Nick Hodges
The Internet super-highway opens up marvelous opportunities for you to harvest tax advice and information from some of the greatest minds at reasonable prices from anywhere in the world. But it also emphasizes a crucial question: How do you know whom to trust? Sharing your intimate, personal financial informa [...]
Okay, things have settled and for the most part organized. Taking up this blogging thing again as before; Monday, Wednesday, Friday, with a recap of the past week on Sunday’s. I have missed being active regularly and I have been missed, but things are going strong again.
For my readers who have hung with me than [...]
Five days ago I read a post on a topic that is of interest to everyone. The author of course responded to my comment. AN up and coming CPA/tax blogger gave a note where, of course, the author responded, and I put in another two cents worth. At this point, a new voice entered with a statement and some questions.