Essay Marketing Plan for Tax Service Business

Thank you for coming to our offices and allowing us to review and discus your concerns regarding your tax questions. I have been assigned to reply to your questions and I have listed my recommendations below. After you both have reviewed these recommendations, please contact me so we can go over any additional questions you may have.

Preferred Consulting will install QuickBooks 2015 Pro software on your computer’s hard drive. Next, we will setup Cutting Edge as a sole proprietor organization that is engaged in service and product sales, so the software knows how to account for all the transactions and taxes your company may incur during the year. Then we will enter your customers, vendors, supplies, and inventory that your business uses to conduct daily operations. Every transaction your business performs will be entered using the appropriate section of QuickBooks Pro 2015, and the amounts are automatically distributed to the selected chart of accounts. The chart of accounts records every transaction that is entered and keeps running totals of revenues, expenses, equity, liabilities and inventory.

1(a). As a result of a recent court settlement for a client John earned $300,000 for his law practice LLC. He wants to minimize his tax liability and understand how the IRS will treat this money earned. He lease’s office space for $3,500 per month. He wants to know the advantages in leasing office space versus purchasing the building.

Will prepare the tax returns based on information and documentation provided by Client. If needed, bookkeeping services are available at our current published rate.

Thank you for stopping by my office on Monday to discuss the relevant inquiries you and your wife Jane have while planning your 2011 tax return. I am only responding to the issues we discussed. I am confident that I can provide the best guidance to minimize your tax liability for I have been in practice for 5 yrs. As you know, there will be a billing for this consultation, but no tax return will be prepared unless an agreement is met.

The services that were offered in the accounting firm consisted of tax return preparations, basic accounting services, and bookkeeping services. Consulting services were available to assist the community with people developing budgets for personal and businesses purposes.

The IRS’s Future State initiative give taxpayers who do not want to speak with the IRS online, the options to speak by phone or in person. National Taxpayer Advocate Nina Olson said the IRS should aim to “’build trust, not just by creating an online account by which they can look up what they owe’”. The Future State initiative is in place to further advance the online resources available to taxpayers this will further improve tax returns.

Auditing firms are no longer able to focus primarily on selling additional services. Instead, they are now concerned with providing excellent service to the client. This has resulted in additional tax and financial reporting

Another of my duties at Taxfile was to monitor tax investigations to verify if the client needed to amend any tax income. I achieved this by requesting and researching for supporting documents, such as financial statements, mortgages and certificates of interest through the client or by locating information through third parties. This is evidence of my ability to resolve issues and deal with complex enquires independently.

Tax invoice These are items that you are not responsible for – the assumption is that someone else will do them.

If you get a professional tax preparer that you can trust, filing tax returns in the future will be an easy process. By working with them, they will have a clear understanding of your tax situation. You can call them or talk to them anytime you find yourself struggling with tax penalties, back taxes. They can also offer you valuable advice when you are dealing with the IRS. The tax preparer should be like a trusted advisor that you can rely on any time you need help that

Audits: Note that your tax return(s) may be selected for audit by a taxing authority. Any proposed adjustments are

• "Yes, it is possible to file a tax return in Estonia online in five minutes. And probably even

The information that I am currently learning right now in my tax class will help greatly as I

The proposals that we are going to depose are a planning of continuous action in order to confront the challenges, which BT confronts. The most important factor is considered to be the fact that the marketing environment changed rapidly after the deregulation of the telephone industry. Up to then BT was operating as a monopoly, ignoring the competition and ways to face it.