Helpful Preparation Guides:

Tax Checklist for Individuals

Tax Checklist for Businesses

Needs Assessment for New Businesses

Frequently Asked Questions
What does LivingstonCPA charge for its services?
Applicable rates for 2006-2007 are $120/hour for tax preparation services and $40/hour for small business accounting services. Rates may be subject to annual increases not to exceed industry norms.

Why different rates for tax and accounting?
I'm a C.P.A. and charge a rate that is comparable to, if not a bit less than, equals in my industry. However, I understand that businesses don't need to pay C.P.A. rate for day-to-day accounting work. Since I desire the accounting work in addition to tax services, I charge the lower rate to remain competitive with other non-C.P.A. bookkeepers.

How can I speed up the preparation of my tax return?
The number one cause of delay for completing tax returns is information not being provided on cost basis of investments sold during the tax year. Make sure to save purchase information, including purchase date and price, when buying securities. Place them in safekeeping and then attach them to the 1099-B you receive at the end of the year in which you sell the investment. This will help avoid additional correspondence (which means time and money) with your C.P.A. and research with your broker.

How can I expedite a refund?
Provide us with a voided check and we'll use the numbers to have the IRS  directly deposit funds. It could speed up the receipt of your refund by 2-4 weeks. For an even faster refund have us E-file your return with direct deposit information.

How long should I save records?
The IRS can audit a tax return for up to three years after the filing date, or due date of a return (whichever is later). Save supporting documentation for tax returns for at least three years for that reason. Documents of security purchases should be saved for three years after the sale date.