• Sole Proprietorship
  • Partnership
  • LLC Company (state statue)

  • The tax breaks for businesses in the 2008 Economic Stimulus Act are not automatic; businesses must act soon to get the full advantage

  • IRS research shows that much of the tax gap results from under reporting of small business income.

  • The IRS Code imposes many different kinds of penalties, ranging from civil fines to imprisonment for criminal tax evasion.





    Are you an Independent Contractor?

    Haven't filed your Tax return?


    GROSS INCOME:
    If you are self-employed in a business that provides services (where products are not a    
    factor),  your gross income from that business is the gross receipts. If you are self-employed in
    a business involving manufacturing, merchandising, or mining, your gross income from that
    business is the total sales minus the cost of goods sold. To this figure, you add any income
    from investments and from incidental or outside operations or sources.

    INCOME:
    For business and firms, income generally refers to net-profit: what remains of revenue after expenses have
    been subtracted. In the field of public economics, it may refer to the accumulation of both
    monetary and non-monetary consumption, the former being used as a proxy for total income.

"Our positions do not define us.  What defines us is how well we rise after we have fallen"
-MinA
Copyright © 2008-2009 G. Paris Johnson, LLC All rights reserved.  Privacy policy.  

  • Do you know that the IRS has an
    online workshop for tax exempt
    organizations.  Make sure you take
    full advantage.

  • IRS research shows that much of
    the tax gap results from under
    reporting of small business income.

  • The IRS Code imposes many
    different kinds of penalties,
    ranging from civil fines to
    imprisonment for criminal tax
    evasion.
PUBLIC INSPECTION & DISCLOSURE
990-T; for all you 501(c)(3) organizations,
new guidance; new rules.
990 REDESIGNED
Form 990, the tax exempted form all to use to
file their annual tax returns are being
modified.  They will make their opened for
this one.  It's very different.
    Here are some of the services we provide:  
  • computerized prepared financial reports
  • budgeting & financial analyzing
  • trend reporting
  • forecasting
    Our entire staff is certified, educated and trained to stay current with the
    federal and state tax laws by using the latest available software and
    equipment to best serve you.
Johnson's Accounting Group
~ Tax Accountants for Small Businesses  & Individuals ~
Phone: 1.866.952.8999