Posted on February 29, 2008 by firebug4u
Choosing an accountant is part of building your team. But it is not always easy to find an accountant who understands your business needs. An accountant who is sensitive to your needs and understands you are not the expert will help you understand the difference between bookkeeper, accountant and CPA. Even owners with accounting backgrounds [...]
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Posted on February 29, 2008 by firebug4u
Income tax forms the bulk of taxes collected by the U.S. government. Depending on individual income, the tax ranges from zero to 35% of one’s taxable income. The income tax is considered a progressive tax because the tax rate is higher as a percentage of the income for higher-income individuals.
Some state and municipal governments [...]
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Posted on February 29, 2008 by firebug4u
A CPA is a professional accountant licensed by the state. CPAs are best for corporate accounting, tax audits, and business consulting.
An Enrolled Agent is a tax professional licensed by the IRS. They are best for complex tax issues, tax audits, and responding to tax collectors.
A Tax Preparer may be registered by the state and are [...]
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