The $2000 check I gave my accountant to send w. my ext. request never cleared?
He instructed me to write a $2000 to the IRS as partial payment to be submitted with the request for extension. I just noticed that the check never cleared. When I asked him about it he had no recollection of the check. The photocopy of the request says $2000 included as partial payment. Can I assume he screwed up, or the IRS? How do I defend myself? He asked me for this check when I was in his office so I have no photocopy.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Keep the photocopy; If the Check has not cleared with IRS, cancel the check and get them a new one. They're always willing to accept the money, even if it may be late. The accountant should have already done this; I would suggest a new accountant as well.
Answer 2 :
Have you documented and photocopied everything, and do you have proof of postage? If so, then send a copies to both your accountant and the IRS. Make sure you keep the originals in case your accountant has no recollection of the copies! It sounds like he perhaps screwed up and is trying to wiggle his way out of it. Oh, and get a new accountant! $2000 is a lot of money to just "forget" about ....
Read more other entries :
Friday, June 28, 2013
Friday, June 14, 2013
Where can one find a list of chartered accountants which specialize in probate services?
Where can one find a list of chartered accountants which specialize in probate services?
I can find a list of solicitors which offer these services, but would rather use an accountant as the estate would need valueing and inheritance tax would need to be paid. Going straight to the accountant seems the best bet.
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Search for Accountants offering 'Trust management' services. This is the area that you are looking for. I served articles within a Chartered Accountants office, and we handled the estates of deceased clients. We used our own solicitors for any legal aspects requiring a Solicitor. All the 'big five' will offer these services, but probably wont be the cheapest. Depends how big/complicated the estate is, and whether there are any businesses involved.
Answer 2 :
Try the yellow pages on the net if you put in what you need it should put you through to the area you need.
Answer 3 :
Hi, my accountant is excellent at things like that. You could give them a call. BPCChandarana+Co - 0116 2549892 Chartered Accountants & Registered Auditors
Read more other entries :
I can find a list of solicitors which offer these services, but would rather use an accountant as the estate would need valueing and inheritance tax would need to be paid. Going straight to the accountant seems the best bet.
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Search for Accountants offering 'Trust management' services. This is the area that you are looking for. I served articles within a Chartered Accountants office, and we handled the estates of deceased clients. We used our own solicitors for any legal aspects requiring a Solicitor. All the 'big five' will offer these services, but probably wont be the cheapest. Depends how big/complicated the estate is, and whether there are any businesses involved.
Answer 2 :
Try the yellow pages on the net if you put in what you need it should put you through to the area you need.
Answer 3 :
Hi, my accountant is excellent at things like that. You could give them a call. BPCChandarana+Co - 0116 2549892 Chartered Accountants & Registered Auditors
Read more other entries :
Friday, June 7, 2013
I'm a trainee accountant and i hate my job, it has good career prospects but.....?
I'm a trainee accountant and i hate my job, it has good career prospects but.....?
I graduated in accounting and finance then did CEMAP the qualification to be a nmortgage advisor but after evryone said it wasn't a good route top go down i went back to acccounting. I am currently studying for ACCA and I work for a small accounts practice. BUT its not me, i'm a bubbly, ambitous and energetic person. I love being challenged and i want to be in a work place with some life. i feel that in this sector i will not be successful because i'm bored of drawing up balance sheets and profit and Loss accounts everyday. Does anyone know of any other interesting career routes I can take with what i have?
Careers & Employment - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Lawyer?
Answer 2 :
maybe you should try taking one of those career tests to give you an idea of what direction to go in.
Answer 3 :
Mate, your job sounds like hell to me. So regimented and precise it must be stifling if you have any sort personality. Have a hard think about what a business out there is doing badly and try and start one that does better. The best of luck to you my frustrated friend.
Answer 4 :
Swordsman, circus clown, pirate, fireman, barber, anesthesiologist, farmer.
Answer 5 :
If you say you hate your job, then you should look into other fields. There other careers where your energetic personality will fit well. Marketing, Public Relations, and Sales requires a high level of social skills. Maybe consider those fields. It seems accounting is the exact opposite of what you want. Accounting is set by structure and conventional skills. I would suggest you take the Personality Test (Myers-Briggs) and a Career Accessment Test offered at many career centers. It will tell you what what your personality is and may give you ideas what to pursue. Here is link for an online personality test. http://www.humanmetrics.com/cgi-win/JTypes1.htm Here is link for free career accessment tests that will give you suggestions on new jobs or careers http://cscc.edu/docs/PACS/assessment.htm#Free Good luck..life is too short to do something you hate.
Answer 6 :
well, they say if you do the job you love, you never work! Meaning you'll enjoy every minute you spend at work. There are some career advisers even online I guess. Why don't you take a test first see what they tell you you are good at. And look at my name, isn't it perfect saying for your situation?
Answer 7 :
I am an accountant also, but I work in the private sector. I think you can probably use your accounting training and look for something that would be a little more challenging. What about being a liaison between between finance and operations...finding better ways to cut costs, finding out why there are discrepancies, etc,? Or how about testing new computer accounting software? These are just a few suggestions...use your imagination, I'm sure you can come up with something. Remember, we all have to start at the bottom and the bottom can be boring. Tough it out for a while, things will get more interesting as you climb the corporate ladder. I would suggest you get out of the accounting firm and try a small private company. In a small company, you will see more of the big picture, instead of a tiny morsel. Good luck!
Read more other entries :
I graduated in accounting and finance then did CEMAP the qualification to be a nmortgage advisor but after evryone said it wasn't a good route top go down i went back to acccounting. I am currently studying for ACCA and I work for a small accounts practice. BUT its not me, i'm a bubbly, ambitous and energetic person. I love being challenged and i want to be in a work place with some life. i feel that in this sector i will not be successful because i'm bored of drawing up balance sheets and profit and Loss accounts everyday. Does anyone know of any other interesting career routes I can take with what i have?
Careers & Employment - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Lawyer?
Answer 2 :
maybe you should try taking one of those career tests to give you an idea of what direction to go in.
Answer 3 :
Mate, your job sounds like hell to me. So regimented and precise it must be stifling if you have any sort personality. Have a hard think about what a business out there is doing badly and try and start one that does better. The best of luck to you my frustrated friend.
Answer 4 :
Swordsman, circus clown, pirate, fireman, barber, anesthesiologist, farmer.
Answer 5 :
If you say you hate your job, then you should look into other fields. There other careers where your energetic personality will fit well. Marketing, Public Relations, and Sales requires a high level of social skills. Maybe consider those fields. It seems accounting is the exact opposite of what you want. Accounting is set by structure and conventional skills. I would suggest you take the Personality Test (Myers-Briggs) and a Career Accessment Test offered at many career centers. It will tell you what what your personality is and may give you ideas what to pursue. Here is link for an online personality test. http://www.humanmetrics.com/cgi-win/JTypes1.htm Here is link for free career accessment tests that will give you suggestions on new jobs or careers http://cscc.edu/docs/PACS/assessment.htm#Free Good luck..life is too short to do something you hate.
Answer 6 :
well, they say if you do the job you love, you never work! Meaning you'll enjoy every minute you spend at work. There are some career advisers even online I guess. Why don't you take a test first see what they tell you you are good at. And look at my name, isn't it perfect saying for your situation?
Answer 7 :
I am an accountant also, but I work in the private sector. I think you can probably use your accounting training and look for something that would be a little more challenging. What about being a liaison between between finance and operations...finding better ways to cut costs, finding out why there are discrepancies, etc,? Or how about testing new computer accounting software? These are just a few suggestions...use your imagination, I'm sure you can come up with something. Remember, we all have to start at the bottom and the bottom can be boring. Tough it out for a while, things will get more interesting as you climb the corporate ladder. I would suggest you get out of the accounting firm and try a small private company. In a small company, you will see more of the big picture, instead of a tiny morsel. Good luck!
Read more other entries :
Saturday, June 1, 2013
How much do accountants charge for corporation tax return.?
How much do accountants charge for corporation tax return.?
I run a small translation agency and need to file my corporation tax return. Although my tax matters should be fairly easy (small company, only one employee, low turnover, few assets), I think I will need an accountant to do this. Can somebody please tell me how much accountants charge for this? I know this will probably depend on various things, but I just want a rough idea.
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
About $500 to $1,000 depending on the exact complexity of the return.
Answer 2 :
If you live in uk. about £350-£400. try and do yourself on line. plenty of help on line as you fill it out, a bit complex the 1st time you do it!! good luck! save yourself some money and to get to know more about your business!
Answer 3 :
Assuming it's a limited company and you just want the return done, £150-£200. If you need accounts prepared as well, and you have good records, £600 or so.
Read more other entries :
I run a small translation agency and need to file my corporation tax return. Although my tax matters should be fairly easy (small company, only one employee, low turnover, few assets), I think I will need an accountant to do this. Can somebody please tell me how much accountants charge for this? I know this will probably depend on various things, but I just want a rough idea.
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
About $500 to $1,000 depending on the exact complexity of the return.
Answer 2 :
If you live in uk. about £350-£400. try and do yourself on line. plenty of help on line as you fill it out, a bit complex the 1st time you do it!! good luck! save yourself some money and to get to know more about your business!
Answer 3 :
Assuming it's a limited company and you just want the return done, £150-£200. If you need accounts prepared as well, and you have good records, £600 or so.
Read more other entries :
Tuesday, May 28, 2013
will i be able to become a chartered accountant with a masters degree in chemical engineer (MEng)?
will i be able to become a chartered accountant with a masters degree in chemical engineer (MEng)?
Financial Services - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, The engineering degree shows you have a mathematical aptitude and attention to detail. Last time you are asking this I hope?
Read more other entries :
Financial Services - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, The engineering degree shows you have a mathematical aptitude and attention to detail. Last time you are asking this I hope?
Read more other entries :
Tuesday, May 14, 2013
Does my accountant charge me too much?
Does my accountant charge me too much?
I run a small business in Ireland - last year's income was €29,000 (this year's €25,000). There are no employees or VAT and I prepare all the income and expenditure details - just hand him the file for the tax returns. Last year's accounts fee was €900 and that was after objecting to €1000. He's a nice enough guy but I wonder if I should change accountants. Would another be prepared to give me an estimate
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need another Accountant to find out whether he is charging you too much..lol
Answer 2 :
Aint they all the same. They do a job you and we need but they can charge pretty much what they want. But shop around, ask friends etc there will be a cheaper 1 out there.
Answer 3 :
Yeah, just ring round a few and ask for estimates. Then you will know if that is normal or not.
Answer 4 :
Ask around. Most accountants will giove you a cost. When I was contracting I found an accounting company that charged me monthly, in fact they were so good I handed the whole paperwork side of the business over and they had me as a paye employee cause it was so much less bother..... People are hungry for good business and yours sounds easily managed
Answer 5 :
I have just about the same level of business, I do the accounts just as you do and my account does the business tax and my wife's and I personal tax and he charges me £250. If that is any help
Answer 6 :
He probably is but I suppose it depends on what exactly he's doing and the average price in your area. I suggest you contact a few others in your area and ask them to give you a quote. If you get one recommended, even better.
Read more other entries :
I run a small business in Ireland - last year's income was €29,000 (this year's €25,000). There are no employees or VAT and I prepare all the income and expenditure details - just hand him the file for the tax returns. Last year's accounts fee was €900 and that was after objecting to €1000. He's a nice enough guy but I wonder if I should change accountants. Would another be prepared to give me an estimate
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need another Accountant to find out whether he is charging you too much..lol
Answer 2 :
Aint they all the same. They do a job you and we need but they can charge pretty much what they want. But shop around, ask friends etc there will be a cheaper 1 out there.
Answer 3 :
Yeah, just ring round a few and ask for estimates. Then you will know if that is normal or not.
Answer 4 :
Ask around. Most accountants will giove you a cost. When I was contracting I found an accounting company that charged me monthly, in fact they were so good I handed the whole paperwork side of the business over and they had me as a paye employee cause it was so much less bother..... People are hungry for good business and yours sounds easily managed
Answer 5 :
I have just about the same level of business, I do the accounts just as you do and my account does the business tax and my wife's and I personal tax and he charges me £250. If that is any help
Answer 6 :
He probably is but I suppose it depends on what exactly he's doing and the average price in your area. I suggest you contact a few others in your area and ask them to give you a quote. If you get one recommended, even better.
Read more other entries :
Tuesday, May 7, 2013
Are you self employed? do you do your tax return or use an accountant?
Are you self employed? do you do your tax return or use an accountant?
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
accountants will save you more money than they cost to hire.
Answer 2 :
I use an accountant- and i agree with the first answer
Answer 3 :
Use an accountant, and yeah, I can 'legally' get away with paying heaps of tax!
Answer 4 :
Accountant.
Answer 5 :
i do my own tax return i can save myself alot of money than have to hire an accountant. you just hove to know how to do it right
Answer 6 :
I use an accountant costs about £900 a year, but is tax deductable
Answer 7 :
who is preparing the accounts? the cost of a tax return would be no more than £150 but the information to enter would cost more ie the prep of accounts. Remember the charge is allowable for tax and therefore will reduce the tax you pay. The submission of a return by an accountant may also give less reason for an enquiry into the return
Answer 8 :
I do my own.
Read more other entries :
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
accountants will save you more money than they cost to hire.
Answer 2 :
I use an accountant- and i agree with the first answer
Answer 3 :
Use an accountant, and yeah, I can 'legally' get away with paying heaps of tax!
Answer 4 :
Accountant.
Answer 5 :
i do my own tax return i can save myself alot of money than have to hire an accountant. you just hove to know how to do it right
Answer 6 :
I use an accountant costs about £900 a year, but is tax deductable
Answer 7 :
who is preparing the accounts? the cost of a tax return would be no more than £150 but the information to enter would cost more ie the prep of accounts. Remember the charge is allowable for tax and therefore will reduce the tax you pay. The submission of a return by an accountant may also give less reason for an enquiry into the return
Answer 8 :
I do my own.
Read more other entries :
Subscribe to:
Posts (Atom)