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Posted by TJ on Wednesday August 31, 2016 @ 01:15 PM
[Tags: accounting, links, tips]

I think I found the best website for historical exchange rates. Before finding this site I would rely on Oanda and/or even usforex.com, however, it seems those choices have gotten worst rather than better for providing historical data that is easily exportable into excel.

Bank of England provides a tool that provides historical fx rates based on the dates you enter for all countries. You can then click on a country to get even more detailed historical data that is exportable to excel and other formats.

http://www.bankofengland.co.uk/boeapps/iadb/Rates.asp?TD=17&TM=Apr&TY=2015&into=GBP&rateview=D



Posted by TJ on Friday August 12, 2016 @ 12:28 PM
[Tags: excel, tips, accounting]

From time to time I run into an issue where for some reason the default styles in an excel workbook get corrupted and I unable to add or remove decimal places from cells even by using the standard ->Format Cells->Number or Account->Decimal places drop down. I found an easy to resolve this would be to import the spreadsheet into Google Sheets ( https://docs.google.com ). Doing this may remove some intentional formatting but it will also should fix the issue with default styles not working.

In Google Sheets:
Upload from Excel to Google Sheets ->File->Open-> Upload

Export file from Google Sheets to Excel : File->Download As...->Microsoft Excel





Posted by TJ on Friday March 4, 2016 @ 11:53 AM
[Tags: Excel, tips, accounting]

If you manage a partnership you might need to send out individual or personalized statements showing account activity or member financial information. If you already have a table in excel with the data one of the easiest ways to make an individual statement is to add a new tab and create the statement and then add a drop down (data validation) on the statement tab to select each persons name.

To add a drop down
1) From the Data Ribbon select Data Validation
2) Select Allow "list"
3) Your source should be the list of names from the data table you are pulling information from.

Now that you have a dropdown on the statement tab you can use the formula "SUMIF" to retrieve only the specific data from your data table for the name you select from the dropdown box.

Now if you have a lot of names you might want to automate selecting each name and printing the individual statement to the pdf. The below VB Code/macro will do this as long as on your statement tab you have the dropdown in cell A1 and the filename and path in cell A2 (ex: c:/folder/)
Read More...




Posted by TJ on Friday February 12, 2016 @ 03:01 PM
[Tags: excel, tips, accounting]

Below are some short cuts I use almost every day in Excel when auditing worksheets in excel. There are certainly more shortcuts than I discuss below but these are certainly less commonly discussed:

Ctrl + { Press these two keys together when you are in a cell with a formulated value and Excel will bring you to the sheet and cell it got linked from. If you go nowhere that likely means the cell does not contain a formula or there were too many variables.

Ctrl + } When you use this shortcut on a value Excel will bring you to the sheet and cell where the selected cell is being used in a formula. If you go nowhere that means the cell is not used in a formula or there are too many variables.

Ctrl + ~ When you use this shortcut you can switch displaying showing formulas or values on a sheet.



Posted by TJ on Friday March 25, 2011 @ 06:44 PM
[Tags: guide, excel, accounting]

One my excel nuisances is spreadsheets that link to other external documents. If you plan on sending a file out, I feel that external links, should be avoided at all costs in the professional environment. External links may seem to work fine when the files are all your computer but once you give that file to another party it creates issues because excel can no longer find the file. Also changing the source document after you link to it also can create more issues.

So having said that, here are useful tips for finding and removing external links.
1) The easiest way to remove links in excel is using the "Edit Link" option on the Data ribbon. Here excel will list all the external documents that a spreadsheet is linking to. You can select each file listed then click "break links" and excel will replace the formulas that contain external links with values. The problem with this feature is you will not always know which formulas you are editing and the feature does not work on some links.

2) If you want to view each external link before editing it another option is to search for all external links. This can be achieved by using the "Find and Select" option on the Home ribbon. If you click the "option" button you can select to search the worksheet or the whole workbook. Now in the "find what" box type "[" or ".xls" without quotes.

3) Now if you tried the above and you still have external links this may be due to defined names that exist in workbook. You can see if you have defined names by clicking the "Name Manager" on the Formulas ribbon. Delete any names here that have errors or that are linking to external sources (make sure you correct any of the formulas using these names first, of course).

4) If you still can't find a link there is a handy tool created by Bill Manville that will find all hidden links and give you the option to delete each. You can download the file here: http://www.oaltd.co.uk/MVP/Default.htm



Posted by TJ on Monday April 5, 2010 @ 10:54 AM
[Tags: accounting, taxes, guide]

The table below summarizes the income limitations on Roth contributions for 2010
Read More...




Posted by TJ on Friday March 26, 2010 @ 12:38 PM
[Tags: guide, excel, accounting]

If you are trying to convert a Microsoft Excel 2007 file to open with Excel 2003 you may receive an error that there are "Too Many Cell Formats". After spending quite sometime I found a fix for this. You need to open the file in the Excel 2007 and run the macro below and then resave the file. Before you do anything make sure you save your file in case you don't like the results.

OPTION 1: The macro below will show a prompt "Delete Style ____" for each style which and you will need to click "YES" for each style. If you are not concerned about deleting a valid style you can use OPTION 2

Sub DeleteStyles()
'
' DeleteStyles Macro
'
Dim styT As Style
Dim intRet As Integer

For Each styT In ActiveWorkbook.Styles
If Not styT.BuiltIn Then
intRet = MsgBox("Delete style '" & styT.Name & "'?", vbYesNo)
If intRet = vbYes Then styT.Delete
End If
Next styT
End Sub


OPTION 2:The macro below will delete all unused styles without a prompt. This is faster but can be more dangerous than OPTION 1. Make sure you save the file both before and after running the macro (thanks to Nick)


Sub DeleteStyles()
'
' DeleteStyles Macro
'
Dim styT As Style
Dim intRet As Integer

For Each styT In ActiveWorkbook.Styles
If Not styT.BuiltIn Then
styT.Delete
End If
Next styT
End Sub




OPTION 3: For those that do not want to deal with Macro's there is a tool you can download that I also find very helpful and easy to use. The tool removes unused cell styles, "stubborn styles" that you can't delete through Excel UI, bad named ranges, named ranges with external references, and unhides non-system created hidden named ranges. Download XLCleaner here: https://skydrive.live.com/?cid=53e1d37f76f69444&id=53E1D37F76F69444!526&sc=documents



Posted by TJ on Thursday March 11, 2010 @ 12:58 PM
[Tags: accounting, taxes, humor]

In honor of tax season here are some quick accounting and IRS jokes:

A businessman on his deathbed called his friend and said, "Bill, I want you to promise me that when I die you will have my remains cremated."

"And what," his friend asked, "Do you want me to do with your ashes?"

The businessman said, "Just put them in an envelope and mail them to the Internal Revenue Service and write on the envelope, "Now you have everything."


"Your taxes are due a week from today. You can make out your check directly to Halliburton. Or you can do what I'm going to do. I'm filing my first joint return. No, I'm not getting married, I'm sending the IRS an actual joint with a note that says, 'If you think I'm paying for this war, you must be high.'" --Bill Maher


"It's tax time and President Bush is saving a lot on taxes this year. He's writing off his entire second term." --David Letterman


George Washington never told a lie, but then he never had to file a Form 1040.





Posted by TJ on Friday October 9, 2009 @ 11:02 AM
[Tags: business, accounting, careers]

Apparently, as a Certified Public Accountants (CPA), I have the 6th best job in America. According to the article the wave of new accounting laws are making the job more important.

Oh good, does these mean I'll be working more hours in the future?

Link: http://money.cnn.com/magazines/moneymag/bestjobs/2009/snapshots/6.html



Posted by TJ on Sunday September 6, 2009 @ 11:56 PM
[Tags: business, accounting, taxes]

My friend recently asked me about taxes and structure for starting his own landscaping business. Here is my response.

Should I do business as LLC or a S corp?
If your only going to have one partner (yourself) you would set up a single member LLC. A single member LLC doesn't need a separate tax return as the income is reported on Schedule C of your individual tax return. I believe the annual fee for a Delaware LLC is $250 (this doesn't include additional income taxes).

Can I deduct mileage?
You can deduct all business expenses against the business income. If you use your personal automobile the easiest method to use would be to use the standard mileage rate where you would use the IRS standard mileage rate (2009 is $.55/mile) and keep track of all business mileage and deduct that instead of taking the actual expenses for gas, auto insurance, repairs, etc.
(see IRS Pub 463 for more information) . If you form an LLC I would suggest opening a separate bank account under the business to properly segregate your business from personal expenses.

For equipment like lawn mowers you may need depreciate over the 7 year life, however currently you can deduct the whole cost in the year purchased with section 179.

Do I have to go on payroll?
If create an LLC and you don't have any employees you would not need to file payroll. Once you make money you can take distributions from the business. Distributions are generally not taxed because as a partner you will pay tax on the income of the business each year. The profit of the business is subject to self employment tax (15.3%) (see
Self Employment Tax ) so to calculate roughly your tax:

Income - Expense = Income * (15.3% + Effective tax rate (mine is 27%)) = Tax

So if you had 20k in revenue and 12k in expenses your tax is:

$20,000 - 12,000 = 8,000 * (.153 + .27) = $3,384 Tax


Also, you wont have to worry about this the first year but next year you may
need to make estimated tax payments, or increase your withholding's from you
teaching W-2 to cover the tax owed on the income from the business.

The laws regarding LLC are actually a lot more complex then I stated here but I tried to summarize it.


Disclaimer: Any tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed on the taxpayer by any governmental taxing authority or agency.




Posted by TJ on Wednesday July 1, 2009 @ 04:00 PM
[Tags: accounting, business, careers]

I posted this in a forum and figured I could post it here for perpetual life. But here's a sample what to expect if you want to become an accountant or CPA.

I'm a CPA at a small 4 person public firm. The hours generally vary by firm. There are firms that work 7 day weeks and then firms that have very little overtime. Also consider that there also tons of jobs in accounting for private companies that would not require much overtime (ie: work for a municipality). For me my busy times are late February to April 15 and late August to October 15th but that is because we put most our clients on extension. During those times I work late nights (mostly between 7pm-9pm) and most Saturdays during busy time. We're all procrastinators here though and if we evened our work throughout the year we probably wouldn't need to work much overtime at all but instead we slack off during the off season with drinking in the bosses office or taking long office lunches,etc. However accounting is definitely not a 9-5 job. A client could call up anytime with a request (financial statement, tax issue, etc.) that that may need the next day that may require you to work late that day even if it is August and sunny outside, though I usually get out on time during the off season.

As far as education, I would recommend at least a Bachelor's in accounting if you are looking for a public accounting position. A masters may help you in with the big 4 accounting firms but it is really not necessary otherwise. Passing the CPA exam would be a great career boost and would advise taking if you can commit to the grueling studying.

As far as money my salary has more than tripled in the five years I've been working with an annual raise, 401k match, health, 3 weeks vacation, so no complaints here.

Edit: I just checked my time for 2008 and I worked 2340 hours in 2008 (includes paid holiday time and vacation time) which averages 45 hour/week.

If you have any specific questions you can post a comment using the form below...



Posted by TJ on Saturday June 13, 2009 @ 10:19 PM
[Tags: accounting, taxes, business]

The government plans to start stringently enforcing a 1989 rule that classified employer-provided mobile phones as a taxable benefit if they employee uses the phone for personal use as well as business use.

The portion used for personal use should be included on your annual W-2 as taxable wages. The IRS requires employees to keep records distinguishing the personal and business portion of your bill. To make reporting easy the IRS would allow employee to adopt a simplified method which would tax employees on 25% of the monthly cell phone bill under their plan. So if your employer pays $1500/year for your cell phone you would be taxed on an additional $375 of income. Not much really on the individual level but the IRS expects this to generate millions of additional tax revenue.

source: IRS Notice 2009-46 [irs.gov]



Posted by TJ on Sunday May 17, 2009 @ 10:26 PM
[Tags: taxes, accounting, guide]

Obama issued the "Making Work Pay" tax credit for 2009 and 2010 tax payers as a form of stimulus which would increase the paychecks of workers through 2009 and 2010. You may of noticed that your paycheck has increased this year due to this credit. This credit could be headache for some filers come April 15th.

The credit changed the withholding tables that employers use to calculate your withholdings. Since your employer doesn't know your tax situation you should always keep an eye on your withholdings.

With the new credit the federal withholdings tables are adjusted so that if a single filer makes less than $75,000 his withholdings are lowered by $400 and a married filers withholdings are decreased by $600.

If you are single you will be able to claim the credit on your 2009 tax return for $400 (if you made less $75,000). If you are married you can claim a credit for $800 (if you made less than $150,000).

This could be lead to a problem in the following circumstances:
  • You earn income from more than one job. Both employers will give you the withholding deduction when in reality you can only claim one credit, $400 if single, $800 if married.
  • If you are married and both you and your spouse work you will each have received $600 more in 2009. However the credit is only $800 for a joint filer making your withholding's less than the tax anticipated.
  • Over the limits -- The credit starts to phaseout at $75000 adjusted gross income for single filers ($150,000 for Joint filers). If you are over the limit you employer may still give you the credit if you are not over the limit for that one job leading to your withholdings being less than they usually would.

Note that this credit may also lead to additional late payment penalty if your withholdings are less than the tax due with your 2007 tax return. The IRS requires your withholdings (or estimated tax payments) to be 100% of the previous year tax liability or 90% of the current year tax due.

----------------
Circular 230 Disclaimer: Please be advised that, unless otherwise stated by the author, any tax advice contained in this message is not intended or written to be used, and cannot be used, by the recipient to avoid any federal tax penalty that may be imposed on the recipient.



Posted by TJ on Friday April 24, 2009 @ 01:08 PM
[Tags: accounting, guide, business]

Below is outline of the tests used to determine whether a lease should be accounted for as a Capital Lease or an Operating Lease for GAAP Accounting.

A lease should be treated as an capital lease if it meets any one of the following four conditions -
(a) If the lease life exceeds 75% of the life of the asset
(b) if there is a transfer of ownership to the lessee at the end of the lease term
(c) if there is an option to purchase the asset at a "bargain price" at the end of the lease term.
(d) if the present value of the lease payments, discounted at an appropriate discount rate, exceeds 90% of the fair market value of the asset.

Source: FASB Statement No. 13 - Accounting for Leases
(as replaced by Codification Topic 840 Leases)



Posted by TJ on Monday April 13, 2009 @ 03:51 PM
[Tags: accounting, taxes, guide]

NYC Board of Education employees are not subject to Form 1127 (Sec. 1127)

I was looking this up for a client and confirmed on phone with NYC department of finance and on their website.

If you were a nonresident of the New York City while working for certain city agencies you are subject to
1127 of the New York City Charter
and must file Form NYC-1127

If you are subject to that law, you are required to pay to the City an amount by which a City personal income tax on residents, computed and determined as
if you were a resident of the City, exceeds the amount of any City tax liability computed and reported by you on the City portion of your New York State tax return.

    Exemptions:
    Section 1127 of the New York City Charter does not apply to:
  • Department of Education
  • City University of New York
  • District Attorneys Offices
  • New York City Housing Authority.
Also, you are exempt if you are a NYC Housing Authority or Transit Police transferred into the New York Police Department.

source: http://www.nyc.gov/html/opa/html/faqs/tax_related_2.shtml



Posted by TJ on Tuesday March 31, 2009 @ 07:23 PM
[Tags: taxes, accounting, guide]

Elgible Insulated Garage Doors may qualify for a ta tax credit if installed in 2009 or 2010

The new American Recovery and Reinvestment Act of 2009 was signed by President Obama on Feb. 17, 2009, U.S.

Tax credits are available for qualifying garage door purchases placed in service from Jan. 1, 2009, to Dec. 31, 2010. The maximum tax credit a taxpayer may claim is 30 percent of the cost of each product and $1500 over the lifetime of the tax credit periods (2009 and 2010).

A qualifying garage door installation is all of the following:
* The door must be an insulated residential garage door, installed on an insulated garage.
* The door's U-factor must be less than or equal to 0.30, even if the door contains windows.
* The door perimeter must be able to control air infiltration.
* The door must be expected to remain in service for at least five years.
* The garage must be part of the taxpayer's principal U.S. residence.

As well as receiving the credit a new garage door can also significantly improve a curb appeal and value.

Other Federal Tax Credits for Energy Efficiency includes:

* Tax Credits for Consumers
o Tax credits are available at 30% of the cost, up to $1,500, in 2009 & 2010 (for existing homes only) for:
+ Windows and Doors
+ Insulation
+ Roofs (Metal and Asphalt)
+ HVAC
+ Water Heaters (non-solar)
+ Biomass Stoves
o Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
+ Geothermal Heat Pumps
+ Solar Panels
+ Solar Water Heaters
+ Small Wind Energy Systems
+ Fuel Cells
* Cars
* Tax Credits for Home Builders
* Tax Deductions for Commercial Buildings
* For More Information

As you may know, a tax credit is more advantageous than a tax deduction since it decreases your tax liability dollar for dollar, as opposed to a tax deduction which decreases your taxable income subject to tax.

Source: http://www.energystar.gov/index.cfm?c=products.pr_tax_credit



Posted by TJ on Wednesday March 25, 2009 @ 04:25 PM
[Tags: taxes, accounting, guide]

Mortgage Interest Deduction

Most people are able to deduct fully the amount of mortgage interest paid during the year as an itemized deduction any mortgage paid during the tax year. Mortgage Interest is deducted on Lines 10-14 of Schedule A of Form 1040.

However, the deduction does have some limitations. The deduction is limited to mortgages you took out after October 13, 1987, to buy, build, or improve your home (called home acquisition debt). You also can only fully deduct mortgages that had balances totaling $1 million or less ($500,000 if married filing separately). If the balances on your mortgages totaled $1,000,000 million or more see the table below to see if you qualify for a partial deduction.
Read More...




Posted by TJ on Friday February 27, 2009 @ 04:07 PM
[Tags: accounting, taxes, business]

Below is a table summarizing the numerous payroll limits for 2004-2009.
Read More...




Posted by TJ on Friday February 13, 2009 @ 12:06 PM
[Tags: economy, business, accounting]

I just ran article from Times.com that had an idea for a possibly more effective stimulus plan. How about we just cut every US mortgage by 30%. For example if you owe $250 today you will then only owe 175,000.

Here what this could do for the economy:
  • all mortgage-based—securities will become less "toxic".
  • Less forclosures .. with a lower balance more people can refinance to get lower rates/payments making it easier to afford payments.
  • More money to spend elsewhere - People will spend more which benefits every business

The cost:
US Home mortgage debt is approximately 12 trillion dollars which would amount to mortgage write downs of approximately 3.6 trillion (or 3 trillion per the article). This is more than the 800 billion dollar stimulus currently being debated in congress however if the current stimulus does not significantly lower the rate of foreclosure (which is likely) the price tag could be significantly higher.


http://www.time.com/time/business/article/0,8599,1879270,00.html said:


A Better Bank Fix: Cut Every Mortgage's Principal
By Ari J. Officer Friday, Feb. 13, 2009
fixing banks trimming dollars
Images.com / Corbis

Treasury Secretary Timothy Geithner has unveiled a new plan to combat the financial crisis: convincing private financial institutions to buy up "toxic assets" with the government's backing. While this is a step up from former Secretary Henry Paulson's original bailout plan—in which the government itself would buy up the bad securities—it is still not the right approach.
More Related

* 18 Tough Questions (and Answers) About the Bailout
* Homeowners Ask: Hey Washington, Little Help?
* How to Stop the Banks’ Bleeding: No Easy Choices

Instead, there is a better, cheaper, less risky, more direct way to improve banks' balance sheets and restore confidence. Here's how:

Reduce the outstanding principal on every single mortgage to, say, 70% of the original value. Yes, you read that correctly: Lower every single American's mortgage debt by a fixed percentage. (See 25 people to blame for the financial crisis.)

If homeowners owe less money on their mortgages, they will be less likely to stop making their payments. The plan is equivalent to a universal renegotiation of terms that improves the situation for both homeowners and banks. As a bonus, mortgage-backed—and, indeed, all mortgage-based—securities will become less "toxic" by virtue of a trickle-up effect.

Experts have pointed to a $30.6 billion deal between Merrill Lynch and the Lone Star group of private equity funds as a model for the new government plan. Lone Star purchased that amount of Merrill Lynch's portfolio of asset-backed securities. Merrill Lynch reduced Lone Star's risk by financing three-quarters of the purchase. Therefore, Lone Star had limited risk, similar to how funds would have limited risk buying the bad securities with government backing. But the most important part of the deal was not Lone Star's risk; it was the price. Lone Star paid 22 cents on the dollar. This means that Merrill Lynch had priced its asset-backed assets somewhere around 22% of their original value. (Watch a video of a car dealer staying optimistic in tough times.)

Geithner hopes to encourage private investors to buy these asset-backed securities, giving the banks cash and eliminating further downside risk to their portfolios. But why not try to actually make the securities more valuable, in reality, so that investors want to buy them from the banks, without the need for government support?

Thus far, the government has focused on trickle-down solutions: dealing with complicated assets like mortgage-based securities in the hopes of stabilizing the values of more concrete assets, such as homes. In contrast, my approach addresses the root of the problem. Thus, the government would help ensure that the mortgage-based securities find a stable price via a trickle-up effect. After all, it would take an inconceivable number of foreclosures at 70% of principal to justify the assets' trading down to 22% of their face value.

This plan costs the government—and the American taxpayer—nothing but a trivial amount, the operating costs. Again, it is nowhere near as complex as what the government has done so far. It carries a small price tag compared to the massive, mostly ineffectual spending that has been the basis of the current policies. (See pictures of the global financial crisis.)

Why lower the principal of the mortgages instead of reducing the interest rate of the loan? Because it creates far more incentive for homeowners to continue mortgage payments. Moreover, with all the "exotic" loans out there, many with adjustable rates, the principal component is the only standard across all mortgages. Adjusting the remaining principal, then, is the most general way to renegotiate all mortgages as equitably as possible.

Further, there is currently a crisis of confidence in the banking world. Because of the uncertainty surrounding the future of asset values and the prices of complicated derivatives like mortgage-based securities, the banks are hoarding money. They lack trust even to lend to each other. Reducing mortgage principals addresses both of those problems directly. By stabilizing the mortgage markets, much of the uncertainty will vanish. Banks' balance sheets could stabilize. And confidence may very well return.

Implementation is the most difficult part of this proposal. While many financial institutions would immediately discount the plan, ultimately convincing them to accept it is not unreasonable. It is true that for those institutions that hold physical mortgages, their maximum potential profit will go down by the discount. For a 30% decrease in principal, the math works out to some $3 trillion potentially lost on residential mortgages, as of mid-2008, according to the Federal Reserve. But if Americans keep defaulting on these mortgages, and asset values continue to crash, the total loss to the financial world will be far greater than $3 trillion.

It is also true that the banks will probably want to discriminate: Why should they lower the principal on "good" mortgages? Why not just on those most likely to foreclose? Thanks to tranches, the "good" have been rolled together with the "bad", and specialized renegotiation is easier said than done. That is why banks have not already renegotiated loans on a large scale. But with the government's pressure, lowering the remaining principal on every mortgage could easily become a reality.

The only banks that could legitimately lose on this are those that hold nothing but "good" mortgages or tranches of "good" mortgages, with no "bad" assets. Since TARP has attracted such interest from virtually every bank, we can conclude that such "good"-mortgage banks exist only in small number.

Other advantages of this solution are that it is universal and non-discriminatory: every mortgage holder in the United States gets a break. Homeowners without mortgages also benefit, as foreclosures directly lead to deflated home values, and foreclosures will be reduced considerably. At the same time, the banks' assets will have a greater inherent value: their balance sheets will improve, and they are likely to begin loaning sooner than with the government plans.

Unlike Geithner's plan, this solution is simple and transparent. It does not require the government to price complicated derivatives. It requires only one decision: by what uniform percentage to reduce mortgages. And unlike all of the other plans out there, it does not require significant government spending. It is also politically palatable, as it does not discriminate and does not rescue certain institutions over others. Homeowners get the most direct benefit, and the solution is efficient because of its flat-tax-like nature. Just about everybody wins.




Posted by TJ on Thursday February 12, 2009 @ 07:57 PM
[Tags: scam, internet, accounting]

Note: This is part 12 in the Job Scam Series.

This is a wide spread job scam. Most of the time the scammers gets your email address from ads placed on Craigslist. Avoid any association with this scam and do not respond to any emails from HL Plastics If you already sent an email with your information they will promptly send you check to deposit once your job application is "accepted". Do not cash any checks received from the this "job". The scammers are issuing fraudulent checks using accounts of real companies. Once the bank finds out the the checks are fake or fraudulent they will reverse the deposit. Even know the money may show in your account initially, it will soon be taken out.

If you received a scam from a different company please forward the scam to:
User submitted image


How do I spot a job scam?
1.) The message is for a position that you did not apply for
2.) The message is from or asking for a reply to an email address from a free email provider (ie: @yahoo.com, @gmail.com)
3.)The position is for a work at home job. Let's get real here most of these positions are hard to come by.
4.) The message provides no phone and/or no mailing address
5.) The company does not have a website or the website was created in the last year. Do a whois lookup to see when a domain was created.
6.) The job has few qualifications
7.) The message is written with poor english
8.) A google search for the company finds little or no history for the company
*** This list is not all inclusive. Remember if you have to ask yourself if it's a scam it probably is!

What should I do if I provided my information to scammers?
  1. Do not respond to further communications.
  2. If you sent bank Information: Call your bank immediately and tell them what happened. They should be able to change your account number or cancel your account.
  3. If you are still concerned you might want to enroll in credit monitoring such as LifeLock Identity Theft Prevention
  4. You can also file a claim with The Internet Crime Complaint Center (IC3). The Internet Crime Complaint Center (IC3) is a partnership between the Federal Bureau of Investigation (FBI), the National White Collar Crime Center (NW3C), and the Bureau of Justice Assistance (BJA). They are probably overloaded with these types of claim though, so I would not expect an individual response. You can also contact the Better Business Bureau or your states attorney general's office
  5. Post a comment below with any information you have on this scam to inform other people to try and avoid any future victims. Post the email you received with exact wording if different from original posted so when people search for terms they find this warning.

Hl Plastics (jobs.resumes10[at]yahoo.com) said:

From: Hl Plastics (jobs.resumes10[at]yahoo.com)
Sent: Fri 1/23/09 9:43 AM
Dear Applicant,

Thanks you for applying for the job Customer Service in our Company posted on Craigslist. You are getting this email in regards to the resume you sent us on Craigslist for the Customer Service. We are sincerely sorry to inform you that the position for the Customer Service has been occupied. Our manager went through your resume and you have been picked for an alternative Job which is the Payment Personnel. On Craigslist you can find more details about our company and we are very sure you would want to read more.

ABOUT US : (HL Plastics)

HL Plastics manufactures an impressive array of standard and bespoke products such as bespoke plastic extrusions and plastic piling. The products manufactured utilize both extrusion and molding technologies, supported by a range of secondary processes for specialist finishing. In-house design, tool making and manufacturing are all housed in our state-of-the-art factory near Derby, which contains some of the most advanced extrusion and molding equipment available. Well known for our capabilities as a trade supplier of extruded profiles and injection mounded products, HL also manufactures PVC u decking, fencing, and caravan veranda products.We serve the entire United States and a growing export market.

We have accepted your application for the job and We have your information in our database. The HR Managers checked your resume and you have been picked as one of our possible candidates for Accounts Receivable Manager due to some factors of the Company, Your primary task would be receiving payments for our company and Customers.We are about to open a representative offices or authorized sales centers in some local city in the States. Your Accounts Receivable Clerk duty would be that you become our Account Receivable Manager (ARM) and its a contract -to-hire position which is a 1 month trial after which the position is made full time.Please be advised that we need total dedication for the job. Interview and Instructions will be scheduled for you when you get payment for the company, get payment from our client and customers as your first assignment for the Account Receivable Manager.

WHAT YOU NEED TO DO FOR US:

Your First Primary task (Collection of Payments).
1. Receive payment from our Customers or Clients.
2. Cash Payment at your Bank or Deposit payment and let us know how long its going to take before it clear the Bank
3. Deduct 10 % which will be your percentage/pay on Payment processed
4. Forward balance after deduction of percentage/pay to any of the offices you will be instructed to send payment to, you¢ll have a lot of free time doing another job, because this is a part time job, you'll get good income. But this job is very challenging and you should understand it. We are considering your application because you satisfy our requirements and we are sure you will be an earnest assistant till we start running our branch office in your state.

For example: if you receive 4000.00 USD and your 10% should be 400.00 USD Plus your basis monthly salary is 1000.00 USD here are the information you are to provide then we will get back to you after we must have gone through it all.

You have to fill the information given to you below so that we can add your mailing address to our Regional database and we have to re-confirmed the mailing address in our Database.

Please apply by filling the Requirements Below:

* Full Name_______________
* Address_________________
* City____________________
* State___________________
* Zip Code________________
* Home Phone______________
* Cell Phone______________
* Age_____________________
* Email___________________
* Present Occupation______
* Sex_____________________

Your response to this email is needed, so that we can reconfirm your mailing address details we have in our data base. I will let you know what to do please we need total dedication to this Job. Your prompt reply will determine how hardworking and fast you will handle the Job (Account Receivable Position).We will be waiting for prompt reply from you if you are really ready for the job position and I will let you know when the payment has been sent and i will let you know what to do please we need total dedication to this Job. We will be looking forward to hear from you for the job position.

Thanks for your understanding and we look forward for your quick reply with contact information requested from you and get it sent for the Human Resources Manager and Company Headquarter to have in the Company Database.

Human Resources,
HL Plastics.


If you received this please post a comment so I know posting these warnings are useful.



Posted by TJ on Wednesday February 4, 2009 @ 12:55 PM
[Tags: accounting, taxes, guide]

Here are tips to save time and money by preparing to meet with your CPA professional tax return accountant:
  1. Take your documents out of envelopes - neatly organized files saves you time.
  2. If your going to new preparer bring copies of prior year return (fed and state)
  3. Unless you want to pay your preparer to sort, organize, and add up receipts. Have your receipts organized and totaled by category. Have other relevant documents organized by category.
  4. Provide relevant computer data files - If you track your finances with a program such as Quicken or Excel, bring the data file with you OR provide category reports to the accountant. He may see a deduction you missed or need additional information then. You also may want to provide a year end credit card statement for same reason.
  5. have SS#, birthdate, and names of all dependents
  6. Have your bank account information (routing# and account#) for direct deposit of refunds
  7. Have cost basis of any stocks sold
  8. Provide closing documents if you bought/sold home.
  9. A summary sheet with all information you are providing is always helpful but not necessary. This will make sure we don't miss anything.




Posted by TJ on Friday November 28, 2008 @ 01:23 AM
[Tags: scam, internet, accounting]

Note: This is part 4 in the Job Scam Series.

scam email said:

Open position: Shipping/Receiving Clerk

CargoNOW! can handle all your transportation and logistics needs. We offer truckload, less than load, consolidated shipments, airfreight and expedited services; cross-country and worldwide.
Our company is looking for hard-working and smart professionals who can contribute to the company’s production and success. We offer a competitive salary and benefits package. If you're looking for short-term or long-term assignments, competitive pay rates and a variety of shift options that fit your needs.

The Shipping & Receiving Clerk is required to perform a complete range of shipping and receiving tasks. These tasks will include but will not be limited to receiving and checking shipment, packing boxes, breaking down shipments as directed by the Shipping & Receiving Supervisor

This Job will require that you have:
Attention to detail
- Warehouse experience
- Basic math skills
- Understanding of basic inventory control processes and cycle counting.
- Good understanding of Microsoft Excel and Word
- Stable internet connection at home/work computer
- All applicants applying for USA job openings must have the ability to prove eligibility to work in the United States

Duties:
Confirms shipping information by answering and relaying telephone, fax, and e-mail inquiries
Maintaining organization of all incoming and outgoing products
Prepares shipments by assembling, packing, protecting and labeling
Package and weigh orders for shipping
Ship all orders on time and with no mistakes.
Tracking incoming domestic and international shipments
- Other duties as assigned

Salary: $70 per package
Position Type: Full Time, Temporary/Contract/Project
Location: USA, Any state
Relocation: Not available

Contact:


For immediate consideration please email your resume in Microsoft Word or TXT format only to e-mail: ShermanFaulkner59@gmail.com


Chris Keller
ShermanFaulkner59@gmail.com
Human Resources Department

All resumes remain CONFIDENTIAL. To properly response to your resume, please place “CN-2839” in the subject of your email.

This is a great opportunity with a growing company that cares about there employees!

How do I spot a job scam?
1.) The message is for a position that you did not apply for
2.) The message is from or asking for a reply to an email address from a free email provider (ie: @yahoo.com, @gmail.com)
3.)The position is for a work at home job. Let's get real here most of these positions are hard to come by.
4.) The message provides no phone and/or no mailing address
5.) The company does not have a website or the website was created in the last year. Do a whois lookup to see when a domain was created.
6.) The job has few qualifications
7.) The message is written with poor english
8.) A google search for the company finds little or no history for the company
*** This list is not all inclusive. Remember if you have to ask yourself if it's a scam it probably is!

What should I do if I provided my information to scammers?
  1. Do not respond to further communications.
  2. If you sent bank Information: Call your bank immediately and tell them what happened. They should be able to change your account number or cancel your account.
  3. If you are still concerned you might want to enroll in credit monitoring such as LifeLock Identity Theft Prevention
  4. You can also file a claim with The Internet Crime Complaint Center (IC3). The Internet Crime Complaint Center (IC3) is a partnership between the Federal Bureau of Investigation (FBI), the National White Collar Crime Center (NW3C), and the Bureau of Justice Assistance (BJA). They are probably overloaded with these types of claim though, so I would not expect an individual response.
  5. Post a comment below with any information you have on this scam to inform other people to try and avoid any future victims. Post the email you received with exact wording if different from original posted so when people search for terms they find this warning.
If you also received this scam please post a comment below, so I know these warnings are being read and I will continue to keep posting in future. Thank you.



Posted by TJ on Monday November 17, 2008 @ 12:01 AM
[Tags: scam, internet, accounting]

Note: This is part 4 in the Job Scam Series.

It has been brought to my attention that scammers are emailing people job offers for "Canon Oil Inc" accounts payable positions. These job offers are scams. In some instances they are receiving your email information from Craigslist.org.

Here is a copy of the email received from one of our visitors:
nigerian scammer said:

Dear Applicant,

Your resume was sent to us through craigslist Recuiters Platform, we viewed
your resume and we think you are more than qualified for what we are looking
for. We are sorry for the late reply of the resume you sent to us .

The positions include Accountant, Sales and Marketing Executives in the US. Our
representative will be responsible for meeting with clients in their locality
and receiving payments on our behalf and remitting the payment to Head of
Accounts. This is a contract-to-hire position which is a 1 month trail after
which the position is made full time and you can work from home and this might
not affect your current job status. You can visit our
website on http://canonoilinc.vndv.com/career.html to learn more about the
open job position.


These scammers are probably going to either get you to wire them money or steal your bank information. Do not reply to these emails. Never send your bank information or wire money to people you met through the internet.

They stole most of the text on their website from a reputable company : ramosoil.com

What should I do if I provided my information to scammers?
  1. Do not respond to further communications.
  2. If you sent bank Information: Call your bank immediately and tell them what happened. They should be able to change your account number or cancel your account.
  3. If you are still concerned you might want to enroll in credit monitoring such as LifeLock Identity Theft Prevention
  4. You can also file a claim with The Internet Crime Complaint Center (IC3). The Internet Crime Complaint Center (IC3) is a partnership between the Federal Bureau of Investigation (FBI), the National White Collar Crime Center (NW3C), and the Bureau of Justice Assistance (BJA). They are probably overloaded with these types of claim though, so I would not expect an individual response.
  5. Post a comment below with any information you have on this scam to inform other people to try and avoid any future victims. Post the email you received with exact wording if different from original posted so when people search for terms they find this warning.
If you also received this scam please post a comment below, so I know these warnings are being read and I will continue to keep posting in future. Thank you.



Posted by TJ on Wednesday October 29, 2008 @ 11:39 AM
[Tags: accounting, economy, careers]

A lot of people are telling me my job must be tough with the stock market and all. And I heard comments that accounting is a bad career move currently with the economy in shambles and everything.

In reality the state of the economy has the same effect on accountants as it does other business. People/businesses have less money so they less spend money to spend on you. Demand for accountants stays relatively stable though. The need to file tax returns, prepare financial reports, perform audits, bookkeeping, stays the same.



Posted by TJ on Tuesday October 21, 2008 @ 12:44 PM
[Tags: guide, accounting, excel]

Let's see how this goes...

I am a CPA and use Microsoft Excel spreadsheet software everyday. Being advanced in Excel makes my job extremely easier. I figured I'd see if there is anyone out there who has quick questions in excel that I can help. Hey what can I say I'm a generous guy.

To ask your question, use the comments form below! I will post responses to your questions below. I do not answer replies through email, as posting the answer here will help others who may have the same question as you.

Ask away...

Note: Please provide enough information for me to be able answer your question (the more info the better). The more effort you put into your question the more effort I will put into my response.



Posted by TJ on Monday August 25, 2008 @ 07:42 PM
[Tags: lyrics, accounting, personal]

[Music: Blind Melon - Three Is a Magic Number]

Here is a glimpse of what is going on in my mind...

Three is a magic number
Ya it is, its a magic number
Somewhere in that ancient mystic trinity
You'll get three
As a magic number
The past, the present, the future,
Faith, and hope, and charity,
The heart, the brain, the body,
Will give you three,
Its a magic number

It takes three legs to make a tripod or to make a table stand,
And it takes three wheels to make a vehicle called a tricycle
And every triangle has three corners,
Every triangle has three sides,
No more, no less,
You dont have to guess
That it's three
Can't you see?
Its a magic number

A man and a woman had a little baby
Yeah they did
And there were three in the family
And thats a magic number

3, 6, 9,
12, 15, 18,
21, 24, 27,
30

Now multiply backwards from 3x10
3x10 is 30
3x9 is 27
3x8 is 24
3x7 is 21
3x6 is 18
3x5 is 15
3x4 is 12
And 3x3 is 9
And 3x2 is 6
And 3x1 is 3 of course
(now dig the pattern once more!)

3, 6, 9,
12, 15, 18
Oh yeah

3x10 is 30
3x9 is 27
3x8 is 24
3x7 is 21
3x6 is 18
3x5 is 15
3x4 is 12
And 3x3 is 9
And 3x2 is 6
And 3x1
What is it?
3

A man and a woman had a little baby
There were three in the family
And that's a magic number



Posted by TJ on Monday July 7, 2008 @ 03:56 PM
[Tags: personal, accounting, house]

My whole life I've never was in debt. Living paycheck to paycheck just wasnt my style. I've never carried a balance on my credit card. I did use student loans while in college but only to take advantage of the low interest rates and was sure to pay them off within 6 months of graduating.

Now I did make some concessions to avoid debt for 27 years:
  • I went to Community college,
  • I started out with a crappy car once I got my license even though I had 30k available to me. In fact the car couldn't even go more than 3 miles or else it overheated
  • I got a job as soon as some one would hire me at age of 16 and even had two part time jobs for most of the time while still juggling high school and college.
  • I was had to endure my friends and family calling me the cheap one because I never spent wads on toys or electronics..oh the pain.
Well now I enter the debt zone in a couple months with my first house. The 30 fixed mortgage is sure to put me in debt for along time. And the state of the economy and the housing market doesn't help ease anything. I will still not be living paycheck to paycheck as I made sure to keep more than 3 months emergency fund (on top of money for closing costs and furnishings), however, I think that I am going to make it my sole objective to pay off the mortgage in as little time as realistically possible. Now looking at my savings over the last month I could have possibly afforded a 15 year mortage, or $753/month more in mortgage payments. This of course leaves little room for unforseen circumstances and wouldnt be that smart of financial plan. But I think what I am going to do is save my money at the same pace I always have been and once I saved enough to make an extra payment I will (for instance make two payments in one month) and if I average at least 6 extra payments a year I would not only be financially free in half the time but save my self ~200k in interest. During my loan prequalification I made sure to clear up that two things were available with my loan online payments and no prepayment penalties to make paying off early easier.



Posted by TJ on Thursday June 19, 2008 @ 01:19 AM
[Tags: accounting, links, taxes]

Below is handy drop down box which will open up the website to find where your federal or state income tax refund is and when you can expect to receive your tax refund.

_
Read More...




Posted by TJ on Wednesday June 4, 2008 @ 04:06 PM
[Tags: accounting, taxes, hints]

For all you home buyers out there Private Mortgage Insurance (PMI) is deductible for contracts signed in 2007 or after. This was enacted into law as part of the Homeowners Protection Act of 1998 as in effect on December 20, 2006. PMI is required for mortgage where less than 20% is put down on a home purchase.

Source: http://www.irs.gov/publications/p936/ar02.html#d0e1576

Also make have your lender cancel your PMI once your equity in the home is greater than 20%.
More: http://bankrate.com/brm/green/mtg/basics7-4a.asp?caret=38



Posted by TJ on Monday March 31, 2008 @ 04:38 PM
[Tags: accounting, work, rant]

At my real job, I've been working a lot lately on an small internet start up that is slated to get really big in the next year. Well last week I had an interview with my boss and the CEO and during the meeting the CEO told my boss that "I am doing a phenomenal job" and "he's lucky to have me" on the account. That made my day. And then to top it off same week I was on a conference call with another client doing some consulting for a business aquisition and the client said to my boss "Make sure you keep him around" referring to me of course. Wow... those are nice comments. Now I still have a big head from all that... and I know I might be boasting here but this is MY BLOG what you expect me talk about?



Posted by TJ on Friday February 8, 2008 @ 05:25 PM
[Tags: accounting, taxes, guide]

Most people will be receiving a credit from the Government as they hope to stimulate the economy and reduce fears of recession. Will it work? Probably not, but that's a whole other story. Here is the lowdown on the credits.

When will I get the check?
If you are eligible you will most likely see your check in May or July.

Your credit is $600 if single and $1,200 combined if married. You also receive an additional $300 per child.

Calculating the credit
Add $600 - If you filed Form 1040 for the 2007 tax year
Add $600 - If your married
Add $300 - for each of you dependent children
Total = Your potential household refund (see partial refunds below)

To be fully eligle
Your 2007 adjusted gross income(AGI) has to be less than $75,000 single or $150,000 married. You can find your AGI by look on line 7 of Form 1040.

Partially elgible?
If your adjusted gross exceed 75,000(single) or 150,000 (married) you may still receive a partial refund.

Take your Adjusted Gross income from your 2007 1040, Line 37
Then subtract $75,000 if you filed single or $150,000 if you filed a joint return
Now multiply the result by 5%. This is the amount you reduce your credit by (see "calculating your credit above").




Posted by TJ on Thursday January 24, 2008 @ 11:34 AM
[Tags: accounting, links, taxes]

Want to be an instant millionaire?

Report tax evasion to the IRS.

Under IRC Section 7623 the IRS authorizes the payment of awards from the proceeds of amounts the IRS collects by reason of the information provided by an individual (aka the Whistleblower). The reward is between 15-30% of the tax recovered depending on the amount of information you provide. So if you provide information that leads to the IRS recovering $10 million in taxes you could be an instant millionaire!

To be eligble the amount in dispute must exceed $2 million dollars (including tax,interest,penalties, etc.) and taxable income for the violator must exceed 200k in any year of issue.

Oh and don't forget to claim your reward on your tax return, as yes... it is subject to income tax.

To file a claim use Form 211 Download Here



Posted by TJ on Wednesday January 23, 2008 @ 11:55 AM
[Tags: serious, links, accounting]

Here is a link that you can search the NY registery of unclaimed money due to you. Most is due from insurance companies, state dept, stocks, or banks. Check it out and give me some if you find anything.

link: New York Unclaimed Property search




Posted by TJ on Tuesday September 4, 2007 @ 10:03 AM
[Tags: hints, accounting, google]

As an auditor you are responsible for knowing if something happens to your cleints that will affect their financial condition or subject them to legal issues. I am sure their a lot of professions where you have clients and want to know if they are in the news. Now most of the time you could just go to the companies webpages and click "news release", however the only problem is this will only give you the news the company wants you to hear. To get both good and bad news use google alerts. Google alerts will send you an email everytime a search term (such as your clients name) shows up in a new news stories. So far I've been alerted to a million dollar lawsuit and a death at one of my clients facilities just by reading the news.

link: Create a Google Alert

Select "News" as type to just get results in news stories only.



Posted by TJ on Thursday August 9, 2007 @ 02:06 AM
[Tags: work, accounting]

My timesheet is what I use at work
My timesheet is the toughest part of my job
My timesheet needs to have at least 7.5 hours of work on it a day
My timesheet tells my boss what i did that day
My timesheet has my favorite code which is holiday
My timesheet has to be done on monday of everyweek
My timesheet is an excel spreadsheet
My timesheet has macro's
My timesheet has formulas
My timesheet rollforwards by itself

yeah... thats my timesheet. I perfected the timesheet over the course of my employement so now when I hit a button it saves the current week, ads the current week to a log of all time, clears all data, updates the dates for the new week and saves the new week file with the date in the filename. Yup that is my timesheet. Why are you interested in my timesheet anyway? Why did you read this whole thing?



Posted by TJ on Monday July 23, 2007 @ 04:04 PM
[Tags: taxes, guide, accounting]

Here is how your Taxes work out in a very summarized manner.


+ Income
Earnings from wages, dividends, interest, capital gains

- Less: The greater of the Standard or Itemized Deductions
Here's where you can deduct Medical, State Income and Property taxes, business expenses, and mortgage interest

- Less Dependency Exemptions (in 2006 this was $3,300 per dependant)

= Adjusted Gross Income (AGI)

X Tax rate

= Tax Liability

- Less Tax Credits (Foreign tax credit, Child and dependant care expenses, education credit, child tax credit)

- Less Withholdings during the year

= Total Due (refund)



This formula should help resolve a couple misconceptions about your income tax including:

Misconception #1 All tax deductions are a direct deduction of my tax liability - This is not the case. Most tax deductions are 'above the line' deductions which means they reduce the amount of income subject to tax. A tax credit only reduces the amount of tax you pay dollar-to-dollar.

Misconception #2 Tax refunds are a good thing - not necessarily. A tax refund is an interest-free loan to the goverment. A tax refund does not reduce the tax you pay during the year it only effects the time you pay it. If you owe money at the end the year, this means, that you did not withhold enough from your paychex during the year, if you get a refund you withheld too much taxes during the year. If you are good with savings, a refund means that you lost out on the interest that refund would of earned had it been in your bank account the whole year.



Disclaimer: Any tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed on the taxpayer by any governmental taxing authority or agency.




Posted by TJ on Thursday June 28, 2007 @ 11:39 AM
[Tags: business, web design, accounting]

Berkshire Halthway is a holding company which manages companies like Geico, Benjamin Moore, and Pampered Chef and had a revenue of $98.5 billion in 2006. Warren E. Buffett, CEO is the third richest man in the USA (Forbes, April 2007). Buffet is known for his cheap and frugile lifestlye and this is probably why he will not invest in a web designer for his multi-billion dollar company. The website for Berkshire Hathaway looks as though a middle school student prepared for a Miscrosoft Word project. I guess in their line of business they do not need to impress but really only a couple dollars and you can atleast get a professional look.

Hint: I need some side work

Link: http://www.berkshirehathaway.com



Posted by TJ on Thursday April 19, 2007 @ 06:25 AM
[Tags: accounting, taxes, humor]

Top Ten signs you need a new accountant
by TJ


10. He still does not have a email address
09. He claimed your pet hamster as an dependency exemption
08. You call him on March 10th and only receive a message that hes on vacation and will return on April 18th
07. The office watercooler is filled with vodka
06. Counts your traffic tickets as a charitable donation
05. He called you on Easter to talk about your tax return
04. He tells you can get a huge refund if you move to the Caymans
03. He answers every question with "Well I'm not good with numbers"
02. Tells you he donated your refund to the Hillary Campaign
01. Files your tax return with amounts marked "roughly a few thousand"





Posted by TJ on Thursday February 15, 2007 @ 05:33 AM
[Tags: accounting, faq, taxes]

I have a snow day today so... I figured I'd put together a frequently asked question (AKA FAQ) about accounting. Oh my.. My life is so intense.


Who are you to be able to address this important issue? I have a B.S. in accounting, am a CPA and have been working in public accounting for 3 years

Does the musical "The Producers" accurately describe the accounting profession?

In some regards yes. My boss treated the whole office to this musical in NYC and we found the musical quite funny in how accurataly it really was. We were of course all drunk though since we were drinking in our limo on the ride down.

Accountants only do taxes... right? Right?
NO. Taxes only make up about 20% of an the average public firms revenue. There are audits, consulting, and other services that accountants perform. Engaged accountants can be responsible for a company accurately depicting their financial condition, this has nothing to do with taxes.

Accountant are always dull, boring, and like to pick their nose
There are some people like this that we work with, but not all of us are like this. Though you probably run into these people in every profession.

Is the work always repetitive, mundane work?
Not always. It all depends where you work. If you work in at a large CPA firm your probably specialize in one department and maybe be doing the same everyday. However if you work for a small firm you may get to do a little bit of everything. I work for a small firm so one day I could be doing a tax return and the next I could be auditing a corporations books, it keeps it interesting.

Will you do my Taxes?
Yes sign up for 2007 will begin after April 15th, 2008 once I'm done with the busiest time of my work year. Late fees may apply.