A Full Service Accountancy Corporation
GIMME A TAX BREAK
Following are recent articles that affect finance and accounting issues:
ORGANIZING DATA FOR YOUR ANNUAL TAX FILING
We provide our clients with a tax organizer each year. In the initial year that we provide services to the clients, the organizer is rather generic. However, in subsequent years the organizer is very detailed in that it shows the source of income from the prior year along with the itemized deductions.
One of the purposes of this document is to allow better organization of the data to complete your return in a prompt and efficient manner. Another very important reason to use an organizer is to be sure that you not only gathers data on all the sources of your income such as stock dividends, bank interest and salaries and wages, but also to list all of the potential deductions that you are entitled to take when itemizing your deductions on Schedule “A’ of the return.
One of the missions of our firm, which has been preparing tax returns for clients for over twenty-five years, is to “MAKE LIFE LESS TAXING”. The use of the organizer helps us to help our clients in reaching that goal.
If you would like a sample organizer, please visit out website for a printable version at www.yourcpa.net and click on “forms.” If you would like a copy mailed to you, please call our office at 858-487-5751.
01-11-08
Archive of Past Articles
Gimme a Tax Break:
Fire Storm Reduction in Property Taxes Assessment
The Old Fashion Installment Sale
Minimize Your Small Business Interest Expense
What Form Of Entity Should a Taxpayer Use For Their Business?
Why I Recomend The Establishment Of Charitable Trusts
The Importance Of Titling The Personal Residence In The A Trust
Amendment of Tax Returns for Over Reported Income
ROTH 401K vs. Traditional 401K
Refinancing Your Interest Only Loans
Accounting:
