Taxes

TJ Hunter tjhunter at gmail.com
Wed Feb 9 09:16:16 MST 2005


I'm currently looking for a CPA to help me out with my taxes (I went
contract this year as well) Any names or recommendations would be
appreciated.

Thanks,
TJ


On Wed, 9 Feb 2005 08:59:27 -0700, Jayce^ <jason at infogenix.com> wrote:
> On Tuesday 08 February 2005 09:18 pm, Sasha Pachev wrote:
> > As some of you may have noticed or heard, I am now a full-time independent
> > consultant for the first time. Things are going well so far, except I need
> > to figure out how I am paying taxes to make sure IRS does not hit me with a
> > fine, and also to make sure I do not pay more than I have to.
> 
> Congrats, personally I'm just getting out of this world, well, I still have it
> on the side for small things, but not my 'daily bread' persey.
> 
> > If I did fine without a CPA when most of my income came from a W-2 type
> > job, do I need one now?
> 
> Depends on how you setup.  Personally, you can get a cpa for a small business
> cheap.  I have an accounting background, and did my own my first year, I did
> allright.  After that I went to a cpa that I was referred to, he was fast,
> and saved me *much* more than he cost.  Also he knew small business rules
> quite well, and was able to help me setup a corp much better.  LLC/S-Corp
> laws are different by state, and are currently changing (s-corp is good in
> utah).  You WILL want to set one up, and pay yourself from that.  Takes a
> little for some people to get used to having two accounts, and representing
> two entities. (Such as my wife not understanding at first why we didn't pay
> tithing out of the work account, since "we/the business" had received a check
> there).
> 
> >
> > Any other tips?
> 
> There are quite a few good Accountants around that can help in the setup.  Do
> it right at first, talk to one.  I can give the info of the guy I use if you
> want it, I HIGHLY recommend him.
> 
> Don't forget to keep records of everything, business writeoffs are all
> important.  They really will make the difference with how much money you
> make.
> 
> --
> Jayce^
> 
> 
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