A CPA firm which knows you by name

 

1)  December 31st is quickly approaching, now is the time to perform a year end tax plan of anticipated taxes.

 

2)  Non Profit Tax Returns on extension are due 11-15-11

 

3)  4th Quarter Estimated Tax Payments are due on 1-15-12.

Telephone   

Fax             

727.797.9000

727.797.9003

 

Many business owners receive their monthly bank statements without copies of their checks.  In IRS audits, the IRS has requested not only copies of the bank statements but also cancelled checks.

 

Tip - If you are not receiving copies of the cancelled checks with your bank statements, ask immediately that they be received.  This is the only method the IRS has to substantiate that a payment was made to a vendor, and that it matches your records.

 

Many bank employees say that you can download copies of the checks off their website.  Guess what, when you need them a year down the road, the images are not there.

 

Make sure that each month, when you obtain your bank statement, copies of the checks are included.