Oeuvre All American 6651 Posts user info edit post |
That would like to get hired by me?
I need a corporate accountant for my business to basically take care of payroll taxes and quarterly corporate taxes.
My company cannot yet afford the price of $1500 I am getting quoted. 11/7/2007 2:15:10 PM |
synapse play so hard 60939 Posts user info edit post |
so basically you're looking for a fall guy huh? 11/7/2007 2:35:23 PM |
Oeuvre All American 6651 Posts user info edit post |
haha. No fall guy required. I've not got enough money in the account to need a fall guy. 11/7/2007 2:37:42 PM |
howaboutno Veteran 471 Posts user info edit post |
S-Corp, C-Corp? How many checks do you write a month? How many payroll checks? Do you file you payroll taxes monthly or quarterly? Do you have credit cards within the business? What is the nature of the business?
$1500 is a fair quote for everything you are going to be getting. This is one area you should never skimp on. 11/7/2007 2:42:57 PM |
Oeuvre All American 6651 Posts user info edit post |
It's an S-Corp. I formed an S-Corp to get the benefit of tax savings and not having to pay social security on dividends. If I'm going to have to pay $1500 for an accountant, it would've been easier to form an LLC and just pay taxes and double social security at my marginal rate.
I write maybe a check or two a month. No credit cards. One employee (myself). I'll be filing payroll taxes quarterly (although I haven't written myself a check yet because I need to get this shit in order).
I just can't justify $1500 for that, especially considering I've paid my 1099 contractor a shit load of money, then my accountant would be getting money before I even pay myself. Something is backwards here... 11/7/2007 2:48:10 PM |
howaboutno Veteran 471 Posts user info edit post |
Do you have a debit card? I guess my real question is how many transactions do you have month?
Based on what you have said $1500 is a little steep.
If you want to do payroll yourself you can go through http://www.accountsworld.com. They will probably charge $15 a month or so. It will be really easy to do your bi-weekly or monthly payroll through them then file your quarterly payroll taxes.
Then find a halfway decent tax preparer to do your S-Corp and Individual returns. We start at $400 for an S-Corp so look around that price range. 11/7/2007 3:25:14 PM |
Oeuvre All American 6651 Posts user info edit post |
yeah, if I can manage payroll myself, I intend to have someone file my corporate taxes.
As far as transactions go, maybe 10 a month.
THanks for the URL... what I'm having trouble with now is getting my damned ID numbers from every state and federal agency i have to give money to. I suppose I can't do anything with that company until i have my identification numbers (the only one I have is my federal tax id and my id issued by the secretary of state of NC) 11/7/2007 3:27:05 PM |
Oeuvre All American 6651 Posts user info edit post |
^^ Will quickbooks basically do the same thing? I subscribed to their payroll service, but I'm waiting to get my IDs so I can set the product up. 11/7/2007 3:32:54 PM |
howaboutno Veteran 471 Posts user info edit post |
It will but you just need to make sure you are filing everything. Quickbooks wont watch your back. 11/7/2007 8:38:55 PM |