The Tax Preparation Blog

Posts Tagged ‘audit’

Question: IRS AMENDED RETURN THEN AUDIT LETTER NEXT DAY?

I HAD THE IRS HOLD MOST OF MY MONEY SAYING I HAD TO FILE AN AMENDED RETURN BECAUSE I FORGOT A W2 THAT I WAS WAITNG ON BUT I DID GET SOME OF IT.I FILED AN AMENDED RETURN YESTERDAY AND TODAY I RECEIVED A LETTER ABOUT A AUDIT AND A QUESTIONAIRE FORM ABOUT MY EIC.MY QUESTION IS IF THE AUDIT FORM WAS SENT OFF THE SAME DAY AS A FILED THE AMENDMENT SHOULD I STILL SEND THE FORM BACK OR SHOULD I FORGET ABOUT IT SINCE I AMENDED YESTERDAY AND THE IRS HAVEN’T RECEVIED MY AMENDED PAPERS YET SINCE I HAD TO HAND SEND THEM AND NOT EFILE.?
I received the letter today because yesterday was a holiday so it has me really confused on what all would be the right steps to take.

Answer: NEVER just ignore a form from the IRS, you could end up giving up your rights to contest whatever they are asking about. Send back the form, noting that you have filed an amendment for a missing W-2.

Study shows majority of Texas companies given taxpayer money to create jobs failed to meet goals

In a study released Wednesday, the progressive watchdog group Texans for Public Justice compared Texas Enterprise Fund contracts to compliance reports that were filed in the governor’s office in 2009. Of the 50 companies that were given a combined $368 million to create or maintain 49,581 jobs by the end of last year, six were terminated, 13 failed to meet promises and 14 were amended to lower …

Daniel Ahart Tax Service, Atlanta, GA

Question: How much does a Medical Billing Coordinator make?

I am currently a Tax Accountant and have been with a large corporation for almost 15 years. I saw a job post for the above job and responded with a resume since I fit all the qualifications and the position sounded interesting. the job is also very close to my home, which is a definite plus. However, they failed to mention, how much the job would pay. How much does this type of position pay?

Answer: about $ 32,000 for a medical billing coordinator.

AMHC is currently seeking applications for an Accountant II

The Arkansas Minority Health Commission is currently seeking applications for the position of: Accountant II Grade: C117 Position #2215-2421 Location: Little Rock, AR Minimum Qualifications: The formal education equivalent of a bachelor’s degree in accounting; plus one year of experience in accounting or a related area. Additional requirements determined by the agency for recruiting p…

Writing a Functional Resume

Question: What are the best study guides for MS Word & Excel 2003 certification for one with little experience?

I need to learn Word and Excel to improve my resume as a tax accountant; I want to learn both and get certification within 2-4 months. Can you recommend any of the study guides to use for the MS 2003 series?

Answer: There are a few places to get some help. It depends on your preferences, and what style of book you would learn best from.

The first place to start would be a good bookstore (i.e. Barnes and Noble, Borders, etc.) Check out the MS Press series of books entitled Step by Step. This books are actually designed to walk you through the topics necessary to pass the MOUS exams. They are very tightly coupled to the exam, they provide good real-world examples, and they serve as a very nice reference book for years to come.

The other sources would be Element K courseware ( http://elementkcourseware.com/welcome.do ) and Thomson Course Technology ( http://www.course.com/catalog/default.cfm ). These companies provide the classroom instructor-led materials used in corporate America every day.

I used to do corporate training classes all over Massachusetts. I would use these manuals almost interchangeably. The downside of them is that you would need to buy one workbook for each level in each program. For instance, there is one workbook for Intro to Excel, another for Intermediate, and another for Advanced. There may be more, such as Macros and VBA. You will have to check out the offerings at each companies’ site.
Of the two companies, the Thomson books are more realistic and are very colorful with lots of screen shots. THe Element K books are less appealing, but they are extremely detailed in their descriptions of each step in each exercise.

In closing, I would go the Step by Step route first. And by all means, stay away from the ‘Dummies’ series of books. If you are serious about learning this stuff, then get some serious books.

Good luck!

Wiley CPA Examination Review Fast Track Study Guide $24.95 The absolute essentials to passing the CPA exam-for the 120,000 candidates who take the test each yearThis tightly focused study guide–now thoroughly updated to reflect the new computerized CPA exam–cuts away all the excess information to simply give readers what they need to know. Presenting the absolute key points and the precise steps to take in preparing for the CPA exam, the Wiley CPA Exami…

Financial Certification Provides Options for Professional Development.: An article from: The National Public Accountant $5.95 This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on April 1, 2000. The length of the article is 2056 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web bro…

The business discipline of practice growth: find the time to focus on the services clients want most.(Certified Public Accountant): An article from: The Practicing CPA $9.95 This digital document is an article from The Practicing CPA, published by American Institute of CPA’s on July 1, 2010. The length of the article is 1250 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: The business discipline of pra…

Tri-State Tax & Accounting, Refunds USA welcome new tax team members

Dan Hanson and Kristy Hurley have joined the staffs of Tri-State Tax & Accounting and Refunds USA. Hanson was born and raised in Austin and has lived in Austin for the last 29 years. He has a bachelor of science degree in accounting from St. Cloud State University.

Ho’oponopono with Mabel Katz – Personal Mastery Interview with Tina Carey – part 3/3

Question: Does anyone have any information on what I need to do to get a job in cost accounting? Help!!?

I have been searching the web all day trying to find useful information amongst all the garbage. I need real knowledge! Please help!

I would really like to get a job in cost accounting. It seems that most schools with a good accounting program would require me to take courses in auditing, tax, and things geared towards taking the CPA exam, while only offering 2 cost accounting courses. Is that seriously what employers are looking for?!! Someone with extensive knowledge in the accounting field as a whole, which would include about 5% cost accounting education?! It just doesn’t make sense to me, but if I need to learn how to audit in order to become a cost accountant, than so be it.

Is a Bachelors or Masters better? Is there any type of certification that I should get? Is there a good website or information out there just for cost accounting and not CPA’s? I want nothing to do with public accounting! All I want to do is cost accounting. Please help! I’m at wit’s end!

Answer: my brother is doing accounting too ^^

http://en.wikipedia.org/wiki/Cost_accounting

http://fast.faa.gov/archive/v1198/pguide/98-30C14.htm

http://www.geekinterview.com/Interview-Questions/Accounting/Cost-Accounting

Rattiner’s Review for the CFP Certification Examination, Fast Track Study Guide $32.00 354pages…

Wiley CPA Examination Review Fast Track Study Guide $24.95 The absolute essentials to passing the CPA exam-for the 120,000 candidates who take the test each yearThis tightly focused study guide–now thoroughly updated to reflect the new computerized CPA exam–cuts away all the excess information to simply give readers what they need to know. Presenting the absolute key points and the precise steps to take in preparing for the CPA exam, the Wiley CPA Exami…

Financial Certification Provides Options for Professional Development.: An article from: The National Public Accountant $5.95 This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on April 1, 2000. The length of the article is 2056 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web bro…

Accounting provides Key to success for Franklin firm

Ten Key Inc. specializes in working with small businesses which need to outsource some – or all – of their books.

oracle r12 applications certification training materials for self tudy

Question: Are certification exams for advancement in employment (W-2) and books, equipment, etc tax deductible?

I’m a network engineer and as the IT industry is constantly changing I have to keep up with certifications through test fees ($250- $500/attempt), books ranging from $60-$200 each purchased on Amazon, and lab equipment (switches, routers) purchased off of ebay, etc. that have no personal use except professional enrichment. I’m a W-2 employee but in order to advance in the IT world salary wise is to stay ahead of the game. I was just curious if anyone could help. Thanks!

Answer: Yes, expenses incurred to maintain your job are deductible on Form 2106. Your total deduction on this form then goes on Schedule A under miscellaneous deductions and is subject to a 2% of AGI floor. For example, if your AGI is $100,000, the first $2,000 of miscellaneous deductions are thrown out.

IRS Enrolled Agent Exam Companion DVD 2008/2009 Exam Edition A companion series of DVDs to go along with the best selling books that help people study for the IRS’ “Enrolled Agent Exam”. Available as a single disk edition on Amazon….

Real Estate Appraisal Exam (Real Estate Appraisal Exam: The Complete Preparation Guide) $11.34 Real Estate Appraisal Exam offers complete preparation for the national real estate appraisal exams. The book features six, full-length practice tests – two tests each for the three major exams (real estate appraiser license exam, general certification exam, and residential certification exam) – and free access to online practice tests with instant scoring and individualized feedback. The book als…

Fundamental Payroll Certification Exam Secrets Study Guide: FPC Test Review for the Fundamental Payroll Certification Exam $39.99 Fundamental Payroll Certification Exam Secrets helps you ace the Fundamental Payroll Certification Exam, without weeks and months of endless studying. Our comprehensive Fundamental Payroll Certification Exam Secrets study guide is written by our exam experts, who painstakingly researched every topic and concept that you need to know to ace your test. Our original research reveals specific weakness…

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