Jump to content
ATX Community

Leaderboard

Popular Content

Showing content with the highest reputation on 07/05/2012 in all areas

  1. http://smallbusiness.foxbusiness.com/finance-accounting/2012/06/27/what-farmers-need-to-know-about-audits/ I think this might be a good one to print out and give to any farming clients, if only to make them appreciate you a bit more when they think of whether they would want to go through an audit such as is described, without your guidance.
    1 point
  2. I think that it is special to receive your certificate! You have passed the test, you are honest enough to sign returns you prepare and you can continue to give your clients the help they rely on you for! That sounds special to me!
    1 point
  3. Thanks KC. Good article. One of my farm clients went through an audit last year - a very large dairy farmer. The audit started in January 2011 and wrapped up with "no change" in January 2012. I knew it would come out that way because we keep the books for the farmer. The thing that prompted the audit, according to the auditor, was the huge reduction in revenue from the year previous to the audit year. Very early on, I suggested the auditor check the historical milk prices but apparently he did not think that had any impact because he kept digging. I told the client, who is in his 70's, to give the auditor, who was in his perhaps late 20's, to give the auditor "a tour" of the farm. I think that sealed the deal. :)
    1 point
  4. We are ALL "special" - - -in some manner or another - - - :ninja:
    1 point
×
×
  • Create New...