ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
ShoutChat
Recent Posts
Broken Outlet & Dangling Light
by LoneWolf - 06/14/21 08:21 PM
How's all our Non-US folks doing?
by C-H - 06/14/21 05:42 PM
Where is Everyone?
by Bill Addiss - 06/14/21 12:37 PM
Conduit over Vinyl Siding
by Bill Addiss - 06/14/21 12:35 PM
Switched Receptacles -Top or Bottom?
by Bill Addiss - 06/14/21 12:25 PM
New in the Gallery:
2020 - 2021 Winter Project
2020 - 2021 Winter Project
by Bill Addiss, April 29
Garden 2021
Garden 2021
by Bill Addiss, April 26
Who's Online Now
0 members (), 44 guests, and 19 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
#155851 02/14/05 01:56 AM
Joined: Nov 2004
Posts: 56
D
detubbs Offline OP
Member
we're looking into an account, haven't had one to date. how much time you end up in an accountant every quarter? for them to do your tax work is it a couple hours a week? couple hours a month? couple hours a quarter? just trying to get an idea? and secondly. what's the going rate in your areas for accountants?


Scott
#155852 02/14/05 08:01 AM
Joined: Dec 2004
Posts: 1,064
D
Member
That depends on how organized you are.

Example one:
A friend of mine is in the house flipping business, we use the same accountant. He does nothing but keep reciepts, and sends them to the accountant every month. The accountant has to sort through them all, do all the paper work, ect... He gets billed for all the time, and thats' the way he likes it.

Me, I use Quick books, I do everything and put everything in the proper accounts. I email the accountant the file at the end of every quarter, he sends me the forms and a bill for one hours work.

I will tell you this, some accountants are like attorneys, they will not tell you every thing you can do to help yourself. They want to bill you to make money, and they want to keep billing you. Find one who will work with your needs. Don't be afraid to change accountants if one doesn't feel right.

Dnk.....

#155853 02/14/05 07:04 PM
Joined: Feb 2003
Posts: 687
A
Member
$150 / mo. For this they calculate payrole, monthly reports, and takes care of what ever tax forms & letters. I give them a bank statements, check stubs, and personal paid recepts with notations what the item was for (like fuel, electrical supplies, bond, etc.). I hate book keeping and tax forms so it's fine for me. I spent far too much time on Quick books when I used it before partly because of my lack of experiance with it.

Tom


Link Copied to Clipboard
Featured:

Tools for Electricians
Tools for Electricians
 

* * * * * * *

2020 Master Electrician Exam Preparation Combos
2020 NEC Electrician
Exam Prep Combos:
Master / Journeyman

 

Member Spotlight
The_Lightman
The_Lightman
Orlando, Fl, USA
Posts: 49
Joined: August 2001
Top Posters(30 Days)
Admin 13
Trumpy 10
Popular Topics(Views)
280,356 Are you busy
213,431 Re: Forum
200,352 Need opinion
Powered by UBB.threads™ PHP Forum Software 7.7.5