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Acct fee is a tax deduction. Find a good one.

Posted By: nm on 2006-11-10
In Reply to: I have 2 questions for people who own their own company - Wondering

:P


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HOW is this possible? Even macro'd to death, how did you find such a clear acct
s
Explain you took on 2 acct at same time but find it impossible to do adequate job for 2 accts.
:P
The way I see it. Competing with national rates. If stable acct, good dictators. Bid low, get job
dd
I'm going to type an acct at home for local group. What is a good word expander for

things to know on doing tapes from an office?  Is it best just to give them a disk and let them print it out at the office like they want to? 


Anybody doing an acct like this?  Thanks.


Maybe try to find a good web site to refer to! Good luck NM
.
How do you find such a good one?!? (sm)

I have only a 1600 sq. ft. house, one floor, 3 bedrooms, one is my office and soon one will be just a guest room (my brother lives with us currently), and two full baths. We have 3 Shih Tuz dogs but no children. I probably wouldn't have anyone clean in my office as I would need to be working while the house cleaning person was here.  


I remember my mom going through many housekeepers as they did just "surface cleaning" and did not get down and really clean like you described. I would love to find someone who does exactly as you described but only perhaps once a month as I can do some things the other weeks. My main problem is DUST! Where do I look to find someone that is as good as you found?!? :)


I just can't keep up with everything anymore and it is just adding more stress to my life and plus I have significant back issues so  it just makes things so hard to do. Would love suggestions on where to begin looking for someone as incredible as you have found!


TIA.


You are not going to find a good company
didn't pay. Well, SS will work you to death and with the ESL's you will have to work 24/7 just to make enough to buy 10 gallons of gas. Does this tell you anything?
to find a good husband......
You have to know the "One" who makes husbands good. A good husband can only come from God and then all other things fall into place
Still, I say find a good attorney way outside your
nm
You're right, can't find a good one
My platform is down and I'm always up for a good challenge, but I think part of the problem may be is that just a "physical therapy" reference/search site is too general as there are so many facets to PT,such as ortho, cardio, etc. I've looked for a good site for this for over an hour, hopefully someone has one right at their fingertips. Good luck.
I find myself willing to research more for good dictators...SM
if I get a lazy, mushmouth speedtalker, I don't bother much. I mean, I definitely strive for accuracy with what I *can* hear, but if there are unintelligible parts, I leave a blank rather than playing it over and over and over and trying to get it. If they obviously don't give a rip, why should I?

Maybe a bad attitude, but why should I gyp myself out of $$ because some a$$ can't be bothered to E-NUN-CI-ATE!!
Where's a good place to find curtains?
My new office is ready to paint and decorate, so I want to get everything ordered.  They didn't have anything I liked at eBay, K-Mart or Shopko.  Any ideas?
You can go to school, but will you find a job after all is said and done. Good Luck. nm
nm
Good post! What I find especially ironic
is at least in our state all the phone work, etc. related to welfare and foodstamps has now been outsourced overseas.

Uh, hello... how about giving those jobs to the people who are on welfare or foodstamps cause they can't find jobs?!?!? Since when did the government care about saving money anyway?
Good to hear it. Hope you find it useful. NM
s
Also, good MTs hard to find. Might be worth
x
MTSO knows hard to find good MT,especially 1
x
Good jobs are tough to find
Before you jump ship, you might want to kee up your MT skills.

This economy is going to make it harder for even new college graduates to "make it." Professional jobs are really going to be tough to get even with advanced degrees, i.e. masters.

Just think of going back to school and spending all that time and money and then finding that you were between a rock and a hard place with paying off loans and no job in sight.

You hear of it every day.
You'd find links to some good ones on this site
http://linksformts.googlepages.com
Any MTSO find a good place for their own website?

I recently received a quote for a local web design company, and it was close to $1,000! I don't have that kind of money. I would just like somewhere to tell a little bit about myself and the services I offer to Physicians.


 


Thanks!


Even with multiple GOOD dictators, I still find it hard - sm
to do '8 hours' worth of transcription in less than 11-12 hours, mainly due to the lack of ability to make templates, as each doc does his H&P entirely differently. Also they want extraordinary accuracy, grammar clean-up, and proofreading done on each report. So a longish H&P can sometimes take an hour.
Anyone have a good source for Alabama doctors, where you can find them by just last name or a few le
nt
I do not get when "in a rush" became a good reason to not find your own answers..
better up my meds I guess.
What I think is so sad is that people may give up good jobs to go there to find out these things all
to late. The newbies can learn and use MQ and move on which they do but of course the clients suffer then with all the people learning on them but this is what MQ causes and when they lose clients with poor quality or people that just throw out work then they caused their own problems. You cant keep good MTs with no work I dont care what incentives you offer because they mean nothing with no work ABSOLUTELY NOTHING. I wish people would understand that when MQ hires them.
Does anyone know of a good site to find sample op/procedure reports
I have found very few sites that have sample op reports.  Anything would be appreciated.  Thanks
A good tax guy is worth his weight. He will help you find deductions and if any probs with IRS,
;+
do a google search-were many hits and should find good info--nm
//
A good MT is hard to find. Check back with those 2 companies
io
Gotta find a good place to live. My kids play outside.

They know to come in when the street lights flicker on.


Strength in numbers though. I'd never let one of my kids go to the playground on the next street over by themselves, but my parents never let any of us wander off too far by ourselves either. It was always with a bunch of other kids.


They're supposed to be good luck. He'll find his way out when he's hungry. nm
s
Not to discourage you, my concern would be if you can find someone to hire you. Good luck. I agree
nm
Might want to check out eBay if you're not into JCP or Sears stuff. Can find some good bargains
s
The Dorland's Cardiology Word Book is good, too. Might find books at half.com even if a few years
s
Google South Beach Diet forum and you'll find a good board there for information. nm
s
Pay deduction with DQS
Well, when I started DQS, I was told by the regional manager I would increase my pay with this program so they were cutting everyone's pay who was transitioning to DQS because of that..So my pay was cut three quarters of a cent per line.  I agreed, thinking this was happening to everyone.  Well, MQ tried this for a while until a few brave souls quit and others threatened to quit due to the reduction in pay.  Now, mind you, I have not had a raise since 1998 and yet they chose to decrease my pay.  Even though they have stopped this decision of decreasing pay of people transitioning to DQS, I remain at the deducted pay rate.  Do you think I have an argument to try to get my pay rate back? 
25% deduction
So, I'm not real clear, are you saying you are a statutory status worker and thus federal is deducted which is what ?? 25% and is withheld.  If you were and IC independent contractor, nothing is withheld and you send in the taxes on your own. . Employee and statutory have all or some taxes taken out.
Another Deduction (sorry)
So sorry, I forgot one of the most important deductions, your IRA or SEP IRA,your accountant will know which is best -- this was something my accountant insisted I do years ago; now they are worth "plenty" and I am so grateful to him for insisting I do this. It's all deductible and a wonderful way to save for your retirement.
Get a tax guy, his fee is deduction. FYI, if you
x
Deduction is 100%, not 50.
x
100% deduction for me too as IC.
xx
about deduction from mortage
You seem to know quite a bit about this. I have rented in the past and so always deducted proportionally off my rent. I was under the impression there were some not so favorable consequences about deducting off home mortgage, which would be my situation this year, something about having to ante up somehow after you sell the house for the deductions you claimed, depreciating, etc. Can you clarify this any for me or refer me to a site that would explain this in "simple" :-) terms that I could understand? Not sure what I should do this year!!
Office deduction
I can use the money now more than I expect to need it later, as property values continue to go up.  Also, after so many years of NOT claiming office deduction, isn't that penalty withdrawn?
Isn't the standard deduction much more than $2K? nm
x
I think you just don't take the deduction for it the year before...ask your CPA
x
the SEP IRA is a huge deduction...
but I can't say that I've seen people frequently posting they take $10K in deductions. That also means they spent $10K. You may be imagining that. Maybe do an archive search and then try to repost and contact them?  As has been frequently said on this post, the only difference between IC and SE is an IC pays another 7.5% self employment tax but then takes deductions. Don't see how that adds up to 10 grand.
Deduction in pay for errors....
I was just offered a job at a measly 8 cpl after I took this ridiculously long and time consuming test.  I get an email with FAQ and there is a whole section about how much they are going to deduct from your pay for errors.  Someone over there has a screw loose.  I wish I had not wasted my time.  I already have one account that I make about 12 cpl, but I just lost one due to outsourcing, where I started at 9 cpl.  I love my first account, but I always like to have 2 just for backup.  I so far have been offered 7-1/2 cpl, 7 cpl and 8 cpl.  I turned them all down.  These people are crazy!  If you want a good transcriptionist, PAY FOR IT!!!!
HomeOffice Deduction
Can I deduct my home office if I live with a roommate and am not on the lease?  I have a room that is used solely for my office. 
Sorry, but no 'blanket' 100% deduction

  First, forget about a catastrophic illness - if you have a gallbladder or appendix, you can lose your home, right down to just keeping the shirt on your back. I know this for a fact because it happened to me.


 Secondly,  I fell into the insurance premiums are 100% covered trap personally (2006/2007).    When my accountant actually did my taxes and explained the formula used for determining how much of insurance premiums (and out-of-pocket expenses) are figured, my deduction ended up less than 50% of my oop amount.  I was disbelieving and demanded my accountant prove this, so they called the IRS and believe me, they proved it.  If someone tells you, without reviewing the details of your estimated premium/OOP yearly costs and estimated yearly earnings, that your premiums will be automatically 100% deductible, they do not know what they are talking about.  My point is not to be argumentative, it is to remind you that guessing without expert advice about your personal situation can be very costly.  Learn from those of us who have paid dearly for poor judgement and bad advice.


Your standard deduction -
Do you have other things to count such as mortgage interest, etc? If you don't, then yes, your standard deduction would be the better deal.

I just finished a personal income tax preparation class in my accounting program in college. I always thought I was doing something with those deductions too until I took this class. Went back and looked at my old returns and lo and behold, always just took the standard deduction.

Personally, I am just upset that I took so much time keeping up with all those receipts and so forth!!!
Can you take home office deduction if you are sm

an employee and how would one guestimate if they would qualify? Looking into this option this year.


Home office deduction
No, but unreimbursed work-related expenses may be deduced on Schedule A.