Expertise I am experienced with general bookkeeping, payroll, journal entries, adjusting entries, all types of pension accounting, compliance issues, ERISA, benefit plan auditing, financial statements, payroll tax, Form 5500, retirement planning, and related issues.
Please no homework questions. Only US accounting, please.
Experience I am a CPA candidate and in the running for the Watt Sells award for 2010 (for top exam scorers.) I audit employee benefit plans for the large accounting firm I work for, as well as performing compilations, planning, and tax services.
Organizations California Society of CPAs.
Education/Credentials Graduated summa cum laude from Colorado Technical University. Our firm requires CPA continuing education for all staff accountants, whether licensed or not, so I take 80 hours of CPE every two years. Much of it in the field of accounting, auditing, and employee benefit plans.
Awards and Honors Graduated summa cum laude (with highest honor). Watt Sells candidate.
Past/Present Clients I have clients from all over the world, in nearly every industry. Most of my audit clients are employee benefit plans and not-for-profit entities. Most of my compilation engagements are manufacturing and restaurants.
Q: My former employer (I voluntarily resigned), paid me 2 months worth of recoverable draw which ... A: I agree with your CPA. They need to either pay you back all of the taxes and THEN bill you for the ...
Q: Vanessa, Thanks for answering my question on the 24th concerning payroll withholding.I have not yet ... A: I'm not sure. I would check with your state's labor board website. Search for withholding pay. ...
Q: Most of the hourly employees in my organization work flexible work schedules because their ... A: Not generally, no. Although some companies I've worked with will allow the employee to be paid the ...
Q: How important do you think it is to get your CPA? I am going to be graduating next semester and I ... A: Your CPA license is by FAR more important than any masters program. As for your 150 hours, it ...
Q: Is it legal to schedule one employee to work more days, and hours for the same pay as other ... A: Unless there are some special rules for pilots (which I don't have much experience with), yes, it is ...
Q: I am a salaried employee of a large corp. After 30 years of service the company decided to change ... A: I'm not entirely sure what's going on here. Why do they want to withhold 2 weeks pay? That makes ...
Q: It is my impression that federal law requires that employee benefits programs for any classification ... A: While it's a little more complicated than that, your basic premise is correct. ERISA (Employee ...
Q: I have an embarrassing question. I'm a financial adviser, and I don't know how to pronounce "Keogh." ... A: This is the most fantastic question I have ever received in my inbox. Thank you for the smile! ...
Q: Our small business (5 employees) has a 401K profit sharing plan. All annual reporting is completed ... A: For a small company, the easiest thing to do is to merge your payroll and pension functions. ...
Q: When paying yourself, what account to you put it under? A: It depends on a couple of things. If the LLC is organized as, essentially, a partnership (the most ...
Q: I wanted to know which is best. I generally let new employees wait a week and a whole before they ... A: The standard way to handle this is the pay all employees (including new ones) one week behind. So, ...
Q: I am the sole owner of an LLC. We are just starting to make profits. How much draw or salary should ... A: As the sole member of an LLC, you will complete your tax returns as if you were a sole proprietor. ...
Q: I am new to doing payroll with QuickBooks. I have noticed that sometimes some employees will have no ... A: Federal income tax withholding is subject to the employees' W-4s. In order to find our whether or ...
Q: I am 47, live in Texas and recently lost my job. I see know options other than to take an early ... A: That really depends on the type of pension- they can vary widely. But, if you held the job where ...
Q: My company paid a 401K loan repayment in default of $1,000 from the bank account for a partner. The ... A: Okay, this gets confusing because of all the liabilities back and forth and cross-wise. Here's the ...
Q: i work in a union from 2004 - 2006 i had a pension plan with the union that was in the amount of ... A: Your rights depend on whether or not that money was actually yours at any point. In other words, ...
