Thanks for visiting the Web page of Tony Novak, CPA, MBA, MT, a Philadelphia-based accountant and tax adviser focusing on health care and small business matters. Novak contributes to a wide range of online media publishers on topics that include consumer finance, environmental and fiscal sustainability and health care reform.
Want to know how much accountants charge to prepare income tax returns? See the new national survey results for 2013. Also, it makes sense to compare the cost of DIY services with the risk of missed deductions or errors. For some, it makes sense to do your own but at higher income levels it always makes sense to use a third party preparer. Keep in mind these are averages rates of all tax preparers in the U.S. I'd prefer to see clients spend less spent on tax preparation and more on tax strategy and financial planning so that is usually reflected in my own pricing.
November 4, 2013 - The complete PowerPoint presentation for the New Jersey Society of Certified Public Accountants Webinar delivered November 4, 2013 to reporters and CPA members is available for reference or download.
There are two ways to avoid the new ACA Medicare tax that would otherwise cost average upper middle class taxpayer an additional $2,000 per year. The first way is to avoid triggering the tax at all. These tax strategies are most effective if planning starts well in advance. The second approach is to minimize the basis of the tax assessment after it is triggered. (more to come in a new article later this week).
The feedback on an article I wrote recently on financial planning was kindly worded: "You have a refreshingly fresh perspective". If we believe that everything happens for a purpose, then I should believe that my non-traditional background and career was specifically intended to contribute to a unique financial planning perspective. Whatever the reason, I am pleased to be in a position to offer some innovative strategies to boost individual and small business accounting, financial management and business planning.
I hope that you gain some benefit from the articles that are republished here on this Web site. However, keep in mind that some strategies in earlier articles may be outdated so I urge you to call to discuss some fresh ideas toward your own tax and financial management.