pro1040 and Consulting OnLine are ©

Summary

The fixed annuity
Can fix your income monthly
But you must know
Your premiums are due monthly

Related Information

A few closely related topics & pages From Bob Parrish CPA PC (left-click this to expand it):
1. pro1040 Home
2. Email Bob Parrish CPA PC

Plain English Explanation

Plain English Explanation

Object Restated
Why or How It Works
Alternatives
Cost V. Benefit
Other
Reserved

Your Answers

This Topic OBJECTIVE is: What it does Explanation of this topic and how it may affect you (for how it may affect you also refer to : Financial Accounting: Bookkeeping & Financials ~ Compliance - What is required for protection, defense, etc. ~ Alerts & Dangers)

Why or How it works - Both Sides of the Equation and Examples:

Alternatives

Comparisons

Contrasts

Cost v. Benefit Analysis ~ Its Value

Other

Reserved

Technical Analysis and Explanation

Tech Analysis & Citations
Commentary
Law
Regs
Cases
Revenue Procedures
Revenue Rulings
Private Letter Rulings

Technical Analysis & Citations

Commentary

Law

Start of Law Section

Regs

Start of Regs Section

Cases

Start of Cases Section

Start of Revenue Procedures Section

Revenue Procedures

Revenue Rulings

Start of Revenue Rulings

Private Letter Rulings

Start of Private Letter Rulings

Tax Killers

TAX KILLERS
Title 1
Title 2
Title 3
Title 4
Title 5
Title 6

This is about Activity Based Taxplanning - maximizing deductions, minimizing cash outlay and maximizing the amount of cash retained and the net worth. Activity Based Taxplanning (ABT) is a methodology developed by Bob Parrish CPA, that assists people with the tax issues by focusing on the activity (or actions - events) that are being undertaken or contemplated (or have already taken place). The, research is compiled from the myriad of sources to help you complete the activity with the least tax cost, while maintaining compliance the tax laws, other laws and regulations and place yourself in a position to protect your objectives.

Tax is a subject that many view in order to cut costs. Taxes are a cost just as any other cost. It happens this cost is somewhat intangible and is defined by legislation without a tangible item to view and control. The money is spent and the control of the expenditure is more appropriately administered by someone trained in the law.

Cost Killers

COST KILLERS

Management Info Sys, Decision Support Systems, Activity Based Management and Costing, Cost Accounting)

From Your Other Business, or Financial Records

Prepare for Your CPA or Attorney (or prepare for doing this yourself)

PREPARE FOR ADVISER
Entrance Interview

Exit Interview

From Banking Records

From Customer Records

From Signed Documents

From Corporation or Organization Records (meetings, etc.)

What to do

About the Preparation Procedures

If you have decided this task must be done, the first procedure is to be certain you have all the facts important to this topic. So that you may know the value, to you personally, of this topic you must have facts of your circumstances. So that you may comply with applicable rules, you must have all the facts. Factual research is time consuming and if not performed wisely will be very expensive if not performed properly, and thoroughly. IF you decide to make this a do-it-yourself project you should seek the advice of a professional qualified in your jurisdiction to assist you with defining important information and then to overview the information you have gathered.

What to gather - an Organizer and Prepare for your CPA, Attorney or Financial Adviser

Entrance Interview

Organizer

Exit Interview

From Banking Records

From Customer Records

From Signed Documents

From Your Other Business, or Financial Records

From Corporation Records or Organization Records (meetings, etc.)

What to do

Start of Preparing For You CPA Section

Action Checklist - What To Do

Do It Yourself - Forms Required to Be Filed, Checklists, Etc.

Inform Yourself
Action Checklist - What To Do

OVERVIEW OF PROCEDURES

How to do this - What to Do

OVERVIEW OF PROCEDURES

GENERAL SETUP & STARTUP
PRINT FORMS AND DOCUMENTS NEEDED
PRESENTATION STANDARDS
Back to Start of What To Do

Financial Accounting - Bookkeeping and Financial Statements

FINANCIAL ACCOUNTING
Financial Statement Presentation
Notes to Financial Statements
How to Make Entries
What Kind of Records to Keep
Bookkeeping Methods - Cash, Accrual and Other
How the Business Entity Affects the Recording

Financial Statement Presentation

Back to Start of Financial Accounting: Bookkeeping & Financials

Notes to Financial Statements

Back to Start of Financial Accounting: Bookkeeping & Financials

How to Make Entries

Back to Start of Financial Accounting: Bookkeeping & Financials

What Kind of Records to Keep

Back to Start of Financial Accounting: Bookkeeping & Financials

Bookkeeping Methods - Cash, Accrual and Other

Back to Start of Financial Accounting: Bookkeeping & Financials

How the Business Entity Affects the Recording

Sole Proprietor

Corporation - C & S

Partnerships - General, Limited, Limited Liability Company, Registered Limited Liability Partnership or Company

Trusts

Tax Exempt

Back to Start of Financial Accounting: Bookkeeping & Financials