Archive for the ‘Accountants’ Category


Where To Find A Tax Attorney

Sunday, April 28th, 2013

Where To Find A Tax Attorney - Accountants

Few things can be more intimidating than when the Internal Revenue Service is investigating you for a possible tax discrepancy. The federal government takes a no-nonsense approach when it comes to punishing those they feel cheated on their taxes, even if the mistake was inadvertent. Whether you run a business where filing taxes can be a complex process, or the IRS is looking into you as an individual, it is important to know where to find a tax attorney.


If you are wondering where to find a tax attorney, you might be able to dig one up simply by asking other professionals that you work with. For instance, if you work with any accountants, they deal enough in taxes that they might be able to point you in the direction of a tax attorney that is both qualified and reliable. Fellow lawyers could also refer you to someone that can help.

Online Searches

While it might not be as reliable, the Internet has certainly morphed into a valuable resource for those looking for legal representation. But, do not just dig up a name and hire them for the job instantly. Using legal resource sites like or The American Bar Association can not only help you find legal professionals, but also offers you feedback on how effective they might be and what sort of cases they handle.

What To Look For?

There are certain qualifications that a tax lawyer should meet before you even consider hiring him or her. These include

– Juris Doctor degree

– Admitted to the state bar

– Master of Laws Degree in taxation (preferred)

These are marks that the lawyer is a true professional and is highly qualified to help you.

Finding A Lawyer To Meet Your Needs

There are many different areas of tax law, so it helps to really jump  in, do your research and find a lawyer that specializes in your specific case. This makes TalkLocal an extremely useful tool. You can specify exactly what type of tax attorney you are looking for and we will connect you with them. You’ll never be left wondering where to find a tax attorney again!

Should I Rent Or Lease An Apartment?

Tuesday, April 23rd, 2013

Should I Rent Or Lease An Apartment? - Accountants

There are multiple reasons why you may not be ready to buy a house. Maybe your budget does not allow for it. And, when you aren’t ready, you’ll want to look into temporary living situations instead. This, however, leads to a very important question: Should I rent or lease an apartment? What is the difference, anyway?

Renting an apartment and leasing an apartment are very different.

Leasing an apartment:

– You sign a “lease agreement,” which is basically just a document that says you will live in this apartment for a certain length of time. The lease also details the responsibilities you will uphold as a tenant as well as those the landlord will uphold.

– Signing a lease means your landlord cannot cease renting the space to you — unless you do something specifically to violate your lease. It also sets your renting fees in stone for a certain period of time.

– Your landlord can’t change the terms of responsibilities for any party until the lease ends.

Renting an apartment:

– When you rent without signing a lease agreement, this is usually on a monthly basis.

– You are not committed to that property for any longer than the month you’ve paid for.

– The landlord is also not committed to renting you the property beyond the time you paid for.

So what do I do? Should I rent or lease an apartment?

The answer to this is honestly based on your financial situation and future plans. If you know you’ll be living somewhere for a while, you could sign a lease for an apartment at a price you can afford and rest assured that your rent will not go up. If you aren’t sure if you’re going to be staying in the area, you may need to take the chance of rent inflation and rent an apartment without a lease agreement.

Need To Consult An Expert?

Ultimately, the answer to this question is up to you and your individual situation. If you need assistance deciding or budgeting for your living situation, TalkLocal can connect you with high-quality accountants in your area who can help.

What Is An Audit Report?

Friday, April 19th, 2013

What Is An Audit Report? - Accountants

Business owners are probably well aware of what an audit report is and why it is necessary. For those who are new to business, or not involved with one altogether, they might be left asking: What is an audit report?

An audit report is the result of a financial audit carried out by an independent accountant. Both the audit and the subsequent report provide an assessment on the overall financial health of a company. An audit report is important to a number of parties for a variety of reasons.

Because the findings of an audit is so crucial, it is required for all companies that are publicly traded or that are apart of industries regulated by the Securities and Exchange Commission.

In order to provide an accurate profile of a company’s financial picture, an audit report includes such information as assets and liabilities. Audit reports offer a variety of opinions on the company.

Accountants That Help With Audit Reports

Still wondering: What is an audit report? You can learn more about audit reports — how they are compiled, what they mean, etc. — through a qualified accounting professional. TalkLocal can connect you with one right now, for free!

Transfer My Stocks

Wednesday, April 10th, 2013

Transfer My Stocks - Accountants

Once you purchase shares of a stock, they are yours to do anything you want with. Can I transfer my stocks, you might ask. Absolutely. However, there are some steps you must follow in order to complete this process appropriately.

When Would I Transfer My Stocks?

Stocks are a big part of a person’s estate plan. Appropriately, when major life-changing events occur, it might require you to re-register your stocks. Whether you get married or are setting up a trust to benefit your children or grandchildren, the names on stocks can change. You may be transferring stocks to an outside party as a part of a deal, too.

How Do I Transfer My Stocks?

This process is relatively easy, and begins by obtaining a stock transfer form. Filling out this form gives the transfer agent the go-ahead to transfer the stock shares. You might also be asked to include a letter of instruction to go with the stock transfer form. You may additionally have to include the stock certificates with your signature on the back.

This form includes pertinent information such as:

– Number of shares

– Company that holds the stocks

– Date for the transfer

– Your personal information

This paperwork can be turned into the transfer agent to initiate the transfer. If this is information is being sent via the postal service, make sure to insure it.

Keep Copies Of The Paperwork

It is very important to document the transfer by saving copies to store as a part of your financial records. Make copies of everything that you send to the transfer agent.

Ready To Transfer Stocks?

While this is a process you can execute by yourself, it never hurts to do it under the watchful guide of a qualified stockbroker or transfer agent. There are numerous options in your local area alone and finding them might be a bit time consuming. Trust TalkLocal to assist you in your search. We can guarantee your search will be resolved in a matter of minutes.

Timeshare vs. Vacation Property

Tuesday, April 9th, 2013

Timeshare vs. Vacation Property - Accountants

If you want to get away for a bit and enjoy yourself, you might have an ideal destination in mind. Otherwise, you still might be thinking it over. One of the most common debates vacationers have is a timeshare vs. vacation property. Both options have pros and cons, some of which are listed below.

A timeshare involves sharing the vacation property with others. You pay for part of the property and sign up for a certain time that you want to spend there. When you are not there, other people are likely enjoying it.

Pros Of A Timeshare:

– Timeshares are drastically cheaper than owning a vacation property.

– You can exchange with timeshare owners in different areas and vacation in various places instead of limiting yourself to just one location.

– You’ll feel just like you’re at home, since timeshare condos have everything most homes would have.

– There is less maintenance required than with a vacation home because you’re only there part-time and share the responsibilities with others.

Cons Of A Timeshare:

– You need to make sure that the organization hosting your timeshare is legitimate. There is a reputation for scams among timeshare owners, but a simple background check or internet search can help you find feedback to avoid that.

– Some plans are more flexible than others. You need to make sure your time share plan is flexible enough to accommodate your needs.

A vacation home is just like owning a home where you live and work. The only difference is that this home is in your ideal vacation location and you only visit this home sparingly.

Pros Of A Vacation Home:

– This is your own personal property. No one else can use it unless you desire. If you would rather own a property and not share with strangers, you may consider purchasing a vacation home.

– These are completely flexible. You own the home and everything associated with it. You can go whenever you want for as long as you want.

– If you like decorating, you have full reign over a vacation home. It will look exactly how you want.

Cons Of A Vacation Home:

– Owning another home is significantly more expensive than owning a timeshare.

– You can’t exchange vacation property unless you make a private agreement, so it’s likely you’ll only vacation in this one spot.

Does A Timeshare Or Vacation Property Fit Your Budget?

Deciding the winner of timeshare vs. vacation property depends on your needs, budget, and interests. TalkLocal can connect you with up to three professionals who can help you decide which vacation situation is best suited for you.

Buying Vacation Rental Property

Friday, April 5th, 2013

Buying Vacation Rental Property - Accountants

Vacation rental property can be an amazing convenience. Instead of searching around the Internet for an expensive hotel room in your favorite vacation destination, you can just pick up and leave knowing that you have a place to stay. Plus, when you are not using it, you can rent it out to someone else, which could potentially cover the cost of buying the property.

Many people find that buying vacation rental property is well worth the investment, but first, you must know how to do it properly.

Here are a few things to consider when buying vacation rental property.

Take Into Account ALL Expenses

Buying vacation rental property might sound easy — you write a check for the property (assuming it fits your budget) and you’re in the clear. It’s not quite that cut-and-dry. There are many expenses tied in with owning and maintaining a vacation property. These are expenses you will have to account for when you adjust the rate for your renters.

These expenses include, but may not be limited to:

– Furniture: Tenants are not going to want to stay in a vacation home that is completely empty, and it can cost quite a bit to furnish a home.

– Repairs: Various things on the property will eventually break, and it takes money to have those repaired.

– Utilities: Be prepared to pay for water, gas, electric, cable, and all of the other monthly bills that come with owning a home.

Choose The Right Area 

Just like in real estate, the No. 1 factor to consider when buying vacation rental property is “location, location, location”. It is generally wise to visit the area before you purchase property there. Take into consideration the attractions and amenities in that area to ensure that it is a place families will want to vacation. If there is nothing to do there, chances are, people are not going to want to rent from you.

Make Sure You Are Financially Equipped 

You are about to take out a whole other mortgage, so make sure you are on steady financial ground before doing this. Don’t assume that you’ll be able to rent out the property easily. Be prepared financially in case no one is interested right away.

Get Help From An Expert 

Don’t be afraid to consult an expert on the matter. This process is not entirely easy. When it comes to contacting professionals, TalkLocal is your best option. We will connect you with up to three professionals in your area, in just minutes!

How Is My Property Taxed?

Monday, April 1st, 2013

How Is My Property Taxed? - Accountants

Paying taxes is never fun — and there are certainly many of them out there. Property tax often leaves homeowners grinning and bearing as they drop the check in mail. Many homeowners are fed up with property taxes because they are left wondering: How is my property taxed?

Hopefully, this brief overview will answer that question and give you an idea of where your money is going.

What Are Property Taxes Used For?

Property taxes make up a large amount of the revenue that is given to local governments to use. This money is put forth to fund a number of public services, including, but not limited to:

– Public transportation

– Education

– Parks and recreational activities

– Emergency services

How Is My Property Tax Calculated?

Two major components are factored in order to determine what amount you pay in property taxes: the assessed property value and mill levy. Here is what those terms mean.

Assessed property value: This estimate is made every year and takes into account local real estate conditions. The assessed property value estimates the market value for your home.

Mill levy: This is just lingo for the tax rate. Mill levies differ from area to area. One mill is equivalent to $1 out of every $1,000 of your assessed property value. You might often see in local elections where residents are asked to vote for a millage increase, which would increase property taxes and, subsequently, the revenue available to the local government.

Contact A Local Accountant

Still left wondering: How is my property taxed? Accounting professionals are experts at all things tax-related, and are the perfect resource when you run into issues with your property or other taxes. TalkLocal makes it easy for you to locate such a professional. Simply visit our web site, provide a few details about the services you require, and you will have up to three professionals calling you within minutes.

Leasing Vs. Buying A Car

Monday, March 18th, 2013

Leasing Vs. Buying A Car - Accountants

If you are ready to upgrade your vehicle and are lost in a sea of price options from dealerships, you may be considering the benefits of leasing vs. buying a car. Here is what you need to know before making that decision.



Which Is Best?

Ultimately, you must consider which option is best for you and what fits your personal budget. Are you more concerned with owning a vehicle for a long period and possibly becoming debt-free for a while? Or, are you more interested in updating your vehicle every two or three years to keep up with technology and safety upgrades?

Risk of major repairs required for your vehicle should also be considered when analyzing leasing vs. buying a car. These will often not be needed until after the two- or three-year period and are another expense to consider. Additionally, it is a good idea to consider how much the vehicle will really depreciate in that time period. A vehicle is worth only what someone is willing to pay. It’s important to research depreciation rates to see if the amount you will pay in a lease is truly the depreciation value or if you are better off buying the vehicle and selling it yourself in two years.

Find Someone To Crunch The Numbers

If you are still unsure, it might be best to talk to a professional accountant about which option is best for your particular situation. TalkLocal can get you in touch with a professional in your area quickly, easily, and best of all, for free!

How Forensic Accountants Help In A Divorce

Monday, March 11th, 2013

How Forensic Accountants Help In A Divorce - Lawyers Family

If you are on the verge of splitting with a husband or wife, you might be wondering how forensic accountants help in a divorce. These professionals can provide a variety of benefits to couples who have decided to part ways. They also have a slightly different skill set than the traditional accountants that you call to do your taxes.

A forensic accountant has the know-how to calculate all of the financial information that is required to settle a divorce quickly and easily. The following are just a few of the aspects of a divorce a forensic accountant can help out with.

The Numerous Benefits of Hiring a Forensic Accountant

There are many other ways forensic accountants help in a divorce. The cost of a forensic accountant can vary greatly. There are very few downsides associated with hiring one of these to aid your divorce lawyer.

If you want to hire a forensic accountant, track one down via TalkLocal. Countless professionals in your area are waiting for you to contact them quickly and easily via our convenient service.

What Is A Certified Public Accountant?

Thursday, March 7th, 2013

What Is A Certified Public Accountant? - Accountants

After hearing the term so often — especially around tax time — a lot of people find themselves still wondering, “What is a certified public accountant?” You will want to get acquainted with these professionals to make your financial life significantly easier.

A certified public accountant is also known as a CPA. These accountants have passed numerous tests conducted by the American Institute of Certified Public Accountants. These types of accountants can handle a variety of financial tasks and are equipped to help a number of different people.

Here are a few basic tasks a CPA can handle for you.

What is a Certified Public Account? Why Are They So Respected?

In order to be considered for a position at the Federal Bureau of Investigation, an applicant must be a certified public accountant or a lawyer. A CPA is a very highly-coveted and respected position. Understandably, these professionals must pass a gauntlet of challenging tests.

Certified public accountants most commonly do consulting work, but the type of work they get into depends on the individual. These accountants can also land big time positions such as CEO or CFO. Both your family and your business can benefit greatly from the services of a professional certified public accountant.

CPAs Are Waiting

If you are interested in becoming a certified public accountant, there are many resources available to obtain that goal. If you are interested in hiring a professional certified public accountant, you can count on TalkLocal. We take the work out of searching for one by arranging for qualified professionals to call you offering their services.