Home: Message List - Question for Tax Preparers/CPAs

Re: Question for Tax Preparers/CPAs

sptaxes — Wed, 12 Aug 2009 15:02:37 GMT

I used TaxAct for myself and my business for 4-5 years because of the the price. This upcoming tax season I already purchased my software at www.oltpro.com which is very excellent

Thank you,
Stacey

www.sptaxes.com

Re: Question for Tax Preparers/CPAs

Elite1 — Sat, 22 Nov 2008 01:46:13 GMT

I may be a little late responding to this...but Drake has excellent software at a reasonable price.

Tanya
Elite Financial Services, LLC

Re: Question for Tax Preparers/CPAs

Santa Fe CPA — Tue, 04 Nov 2008 18:17:25 GMT

In my opinion the maximum number of bank accounts for a small busines would be 3.
1. An operating checking account for all revenue and expense transactions,
2. A payroll disbursing account for wages, salaries, and employmenrt taxes should you have employees (including S-Corp Officers/Directors.)
3. A savings account

Re: Question for Tax Preparers/CPAs

Tori — Wed, 29 Oct 2008 20:10:23 GMT

Hi NoBullFunding,

Amy Vetter of Technoloby In A Box will be joining the SBOC on December 9th. She is a QuickBooks expert and can address your AMT concerns. You can ask your question now and then check back after Dec 9th for her response. Or you can ask it the day of. Hope you can attend!

http://smallbusinessonlinecommunity.bankofamerica.com/thread/10209

Best of luck
~Tori

Re: Question for Tax Preparers/CPAs

ccsta3030 — Wed, 29 Oct 2008 13:09:49 GMT

I have another question for tax prepare and CPA's. What do we think is the ideal number of business bank accounts you should have?

Re: Question for Tax Preparers/CPAs

NoBullFunding — Wed, 29 Oct 2008 00:38:22 GMT

Thanks Derek, I'll check that out!

Re: Question for Tax Preparers/CPAs

DerekCPA — Fri, 24 Oct 2008 20:47:33 GMT

Take a look at Intuit's product called Pro Series Professional. It's a good solution for small to mid size tax practices. They offer a package that is pay as you go. For $250 flat fee plus a per return charge. It requires less investment up front and the per return fees can be passed onto your clients. It is for people doing 33 or fewer returns a year. It could be a good option for your first year but has the room to grow in the future. It haven't used it yet but am in a similar growth situation and this was the best solution I found so far. Below is a link to pricing info. and you can demo it for free.

http://proseries.intuit.com/products/professional/ppr.jsp?show=pprPrice

Question for Tax Preparers/CPAs

NoBullFunding — Sun, 19 Oct 2008 12:35:30 GMT

I am going to expand my business into tax prep this coming season. I did it a few years back and used TaxAct. It only cost $100 and seemed to fit my purposes just fine. Does anyone know of a better tax program? I'm curious to know what they can do that warrants spendings thousands instead of the $100 I plan on spending for TaxAct. One area I know for sure TaxAct didn't address was AMT which was a little frustrating.