You are currently browsing the articles from inside1031.com written in the month of
I just finished listening to this seven and a half minute long MP3 podcast from QuickBooks on the importance of small business owners working with a professional accountant from day one, as well as some good tips on selecting the right one to work with.
I am going to add a link to this podcast on my page dealing with selecting a tax advisor.
Written by Kerry M. Kerstetter, MBA~CPA~ATP~ATA on March 31st, 2007 with comments disabled.
Read more articles on News.
The bane of all tax prep offices, the shoebox clients.
Written by Kerry M. Kerstetter, MBA~CPA~ATP~ATA on March 31st, 2007 with comments disabled.
Read more articles on News.
Written by Kerry M. Kerstetter, MBA~CPA~ATP~ATA on March 31st, 2007 with comments disabled.
Read more articles on News.
Christian Johnson (Loyola-Chicago) B.A. 1984, Utah M.Pr.A. 1985, Utah J.D. 1990, Columbia I have always been interested in what tax does to a deal. After working for two years as a tax accountant at Price Waterhouse, however, I realized that…
Written by Paul Caron on March 31st, 2007 with comments disabled.
Read more articles on News.
The Minnesota Senate today voted to raise the state’s top tax bracket to 9.7% (from the current 7.85%) on incomes in excess of $250,000 ($141,250 for single taxpayers), which would be the highest income rate in the country (topping Vermont’s…
Written by Paul Caron on March 31st, 2007 with comments disabled.
Read more articles on News.
The Congressional Budget Office has released Utilization of Tax Incentives for Retirement Saving: Update to 2003. Here is part of the Preface:[This] paper examine[s] participation rates and contributions to employment-based retirement plans, individual retirement accounts (IRAs), and self-employed plans. …Overall,…
Written by Paul Caron on March 31st, 2007 with comments disabled.
Read more articles on News.
The Statistics of Income Division has released Estate Tax Tables, 2001-05:These tables have been updated to include all returns that were required to be filed and use new size of gross estate categories that mirror the estate filing thresholds created…
Written by Paul Caron on March 31st, 2007 with comments disabled.
Read more articles on News.
Charles S. Stein (J.D. 2007, Pittsburgh) has posted The Qualified Privilege Against Discovery of Federal Income Tax Returns on SSRN. Here is the abstract:Federal courts have long struggled with the question of whether, and to what extent, they will grant…
Written by Paul Caron on March 31st, 2007 with comments disabled.
Read more articles on News.
Q:
Subject: Nickel Creek “Taxman”
Hello Sir,
Though I have never met you I have a tiny favor to ask of you. My dad saw an episode of “Austin City Limits” where Nickel Creek covered the song Taxman, and he loved it. That was back in 2002 and he has searched for a copy of it ever since, only to find nothing. However, I recently stumbled into your post and actually gasped in amazement, after five years of searching I finally found a copy. It couldn’t have come at a better time since my dad’s birthday is coming up. So I ask of you sir, please, please, please could you send me a copy of that song?
Thank you for your time,
( I am only 14 so please disregard any non formal mistakes in my letter. )
A:
That blog post includes a link to download the mp3 file of the song.
If you do search on my blog, you will find dozens of other versions of the TaxMan song by several other artists, with links for downloading.
I hope this helps you prepare for your dad’s birthday.
Kerry Kerstetter
Written by Kerry M. Kerstetter, MBA~CPA~ATP~ATA on March 30th, 2007 with comments disabled.
Read more articles on News.
Q:
Subject: Quicken versus Quick BooksKMK:I liked your comparison of Quicken vs QB on the webpage http://www.taxguru.org/qb/qbvsquicken.htm as I am considering that exact question now for a non-profit (daycare) company. I have been doing books for a church on Quicken for a number of years and have found it satisfactory but I admit that I may not know what I’m missing.I have a question about QB that maybe you can answer for me. Can QB exchange files with an earlier edition of QB? I know that the 2002 version of Quicken that I am available with will not do a “Save to an earlier version of Quicken.”Thanks for your time,
A:
QB data files have always been the same as Quicken’s. You can roll them forward to a newer version of the program, but can’t roll them backwards to an older version. Thus, you need to be careful of upgrading data files, because you can’t go back after you’ve moved forward.
I hope this helps.
Good luck.
Kerry Kerstetter
Written by Kerry M. Kerstetter, MBA~CPA~ATP~ATA on March 30th, 2007 with comments disabled.
Read more articles on News.