May 25, 2011 Newsletter

New IRS Rule:

The above scenario could present a big problem for both the client and the tax preparer, but we have a solution. Pamela Lyons has a utility – a proprietary software program – that extracts a company’s financial information with a certain date range.  Although the process is highly technical, it is successful – and tax preparers are excited about the ability to have their client’s information extracted for audits.

If you are audited…

You’ll want to be sure your tax preparer knows about this new utility. Contact the Pamela Lyons for more information and a case history.

Classes for Every Skill Level:

Be the ant, not the grasshopper! Use the summer to get your accounting ready for a successful year with these classes.

• A new “Intro to QuickBooks” series begins June 6th. Just two evenings and you’ll be up and running!
• Set up your own new company file and populate it with your own financial information in the Jumpstart workshop beginning June 10th.
• In Advanced QuickBooks, you’ll learn to let QuickBooks process your sales tax, keep track of your inventory, and process your payroll. Classes start July 8th.
• Learn to perform a Profitability Analysis on your business in the July 15th and 16th class Job Costing in QuickBooks.
• Learn how to set up and structure your Chart of Accounts correctly in the Queen’s on-demand webinar. Click here for discount code.

Class sizes are small, and seating is limited. See the Queen’s Academy for class times, details (convenient San Rafael location), and to sign up.