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Archive for the ‘Tax Accounting’ Category

Manhattan Associates Reports First Quarter 2011 Revenue and Earnings

ATLANTA — Leading supply chain optimization provider Manhattan Associates, Inc. today reported first quarter 2011 non-GAAP adjusted diluted earnings per share of $0.41 compared to $0.40 in the first quarter of 2010, on license revenue of $7.8 million and total revenue of $71.7 million.

Question: CPA or CPA candidates help! Advanced accounting? or Auditing (Financial)?

Hi. I have a bachelor’s degree (not accounting or business-related major). Although I don’t have accounting major degree I took lots of accounting and business-related classes at Junior College and University after transfer.
I did look at my college transcripts and found out that I only have 3 units left to meet educational requirements (accounting 24 units, business-related 24 units). And I’m thinking about to take “Advanced accounting” or “Auditing (Financial)” class at an accredited education institute.

I took “Principle of accounting 1 and 2″, “Intermediate accounting”, “Federal Income tax”, “Cost Accounting”. And I’m eligible to take both Advanced accounting and Auditing class.
But I only want to take one of them due to money issue.

And then from next year I want to start review courses either Becker or Wiley.

Which class do you recommend me to take? Advanced accounting or Auditing?

Thanks

Answer: Auditing. It would help you in your CPA board exam. Take note that it involves both theory and practice. Also you need to have extensive knowledge in Financial Accounting. Auditing is purely analytical whereas Advance Accouting is more procedural.
I took both since I finished BS Accountancy. Auditing is one of the most difficult subject areas in my undergraduate years and also during board exam. But it’s worth it because I get to work in an Accounting firm years ago. Now I’m into Forensic Accounting. Much more interesting.

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Dolby Labs: The Kings of Immersive Audio Selling at a Discount

By Bill Smith. INVESTMENT THESIS Read more » »

VITA Program

In India, teenage girls face down Islamic traditions with a basketball

In India, there are no laws preventing women from playing sports, but traditions have a grip on the local community that are as strong as any legislation.

Question: where to get started??!!?

You see my husband and I started our construction business this year. We did ok but i’m really confused about filing our taxes. I know we have to issue 1099’s to our sub contractors, but i’m not sure how. Also, what do we do for our own taxes. I’m pretty new at this, and am prob. going to get a professional to handle it. But I would like to know what to expect. I dont want to be audited. My husband has an itin number and i have a tax id number for my business. Can you give me an idea of where i need to get started?

Answer: !st rule of business is file for and extension which will take you out to october of 2008. 2nd is get an accounting agency they are well worth it.

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Union ‘thrilled’ by UI plan to help tax-stricken

URBANA – A graduate employees’ union is “thrilled” by the University of Illinois’ plan to help graduate assistants shoulder unexpected tax-withholding costs this semester. Graduate assistants due to have money withheld from their paychecks starting next week can get emergency grants from the university to cover the cost. read more

Tax Accountant Danville CA: (925) 361-2382

Question: How to calculate T.d.s.on amount including service tax?

If professional fees includes service tax, on which amount T.D.S. to be deducted: on gross amount or on amount excluding service tax?

Answer: to calculate TDS on your salary

calculate
your salary x 10.33 / 100 = your TDS deduction

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Senate Tax Chair Says Tax Breaks Same As Spending

The Republican chairwoman of the state Senate Taxes Committee says she views tax breaks as state spending and says they should be reviewed to see if they should stay on the books.

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