Discussion:Time for an accountant

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Revision as of 20:32, 30 December 2006

Discussion Forum Index --> Tax Questions --> Time for an accountant

Jc (talk|edits) said:

30 December 2006
As I'm about to close the books on the first year of my corp's existence, I will now be needing an accountant. Since it seems to me that the professionals that post here have a wealth of experience and are very helpful, I figure this will be a good place to start. Here is some information, I'll be happy to discuss the situation further in private with professionals based either in New York or Chicago.

2006

Cakewalk - Illinois single shareholder/employee S corporation. Books are very simple and kept in order (fairly well, I think) using Quickbooks. All work/revenue from Illinois sources by an Illinois resident. I do payroll/payroll tax form filing/tax payment through a third party. I can do personal tax returns myself. I expect to pay around $500 for this service, based on previous quotes and threads in this forum.

2007

Much more difficult - Books will still be kept by me, but revenue will come from at least two states (Illinois and New York) and most likely from a third. In depth New York State/City experience a MUST. I will need throughout the year consultation re: foreign corporation operations, non-resident state tax withholdings, and New York S corporation filing, to name a few. I will also need a corp return filed for each state in addition to 1120S, and would like you to handle personal state tax return preparations as well. I am hoping to keep the total cost for these services to $3000 (obviously split in some way between corporate and personal dealings). I am willing to pay, given the presence of an acceptable working contract, a reasonable amount of these corporate fees early in '07.

I apologize if this is the wrong place for solicitation... otherwise, let me know what you think.