"David Singer" <dsinger7789[at]yahoo.com> wrote:

- quote -

short answer...find a new CPA/tax professional

you've mentioned way too many different things that will get
you in trouble trying to do it on your own

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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"David Singer" <dsinger7789[at]yahoo.com> wrote:

- quote -

Go directly to a new tax professional. S corps don't pay
taxes. The shareholder does.

Mike

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David Singer" <dsinger7...[at]yahoo.com> wrote:

- quote -

The BEST ADVICE is that you retain a new accountant, unless
there is a very good reason that your current accountant has
not been responding. The issues of payroll (as an employee
of an S-Corp, you are required to pay yourself based on
industry standards), depreciation (decision on how to do
it), potential for overlooking deductions, etc. could end up
costing you far more than the cost of having a professional
guide you through the maze. As for tax programs, they have
their merits if you aren't putting in slop 'n' getting
"slop" back. Often, I have to amend such returns because of
serious errors in reporting income/expense/etc.

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My accountant has disappeared from the face of the earth...
(Or at least she hasn't returned my calls for the last two
months) so I have decided to file the taxes for my small
business myself...

I would like to get a bit of startup help from you guys in
order to do it.

On May 2006 I incorporated an S corporation in Florida, I have a tax ID
number, etc. the primary business activity of my company is
Information Technology Consulting; an example of my work:

A person needs computer help at home, so I visit the person,
repair the computer and charge an hourly rate.

The last thing I heard from my accountant is that she filed
an extension for my company so I don't have to pay until
September 15th 2007.

Since May last year (when the corporation was created) until
today, my net income from it has been around $10.000.

My company has 2 credit cards which have transactions
related to my business (purchase of computers for later
resell, gas for my car, etc) and a checking account.

So, I guess my questions are:

Where do I start? Which forms do I file with IRS?

Do I have to file state taxes in Florida?

I have been reading about Intuit TurboTax for business, do
you think it would be worth purchasing it to file with it?
If so, should I get the state version as well?

I REALLY appreciate your help and any additional advice that
you may give me.

David

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