Sullivan & Company - Certified Public Accountants 4709 Montgomery Lane #201 - Bethesda, MD, 20814 Phone: 301-657-8080



Paul Sullivan, CPA

Sullivan & Company


Call our Testimonial Hotline & give us your feedback at:


800-609-9006 extension 6779


December 2009 Articles

Click here to review

Feature Articles

Lower Your Taxes and Heating Bills

Financial Planning Dos & Don'ts

Pre-Retirement Checklist

Events Requiring An Estate Plan Update


Tax Tips

10 Facts About the New First Time Homebuyer Credit

Should You File a Tax Return?

Choose Your Correct Filing Status


QuickBooks Tips

How To Easily Track Your Inventory


Financial Planning Tips

Make Charitable Contributions

Buy a New Car

Examine Investments

Pay Tax-Deductible Expenses

Evaluate Your Progress


5 Financial Planning Dos and Don'ts


During these uncertain economic times, financial planning has become a challenge.  Here are a few financial planning suggestions that can add to your peace of mind about financial matters and simplifying your life:

  • At least once a year, write down your investment goals and what strategy you will use to reach them. This will keep you focused.

  • Instead of giving money to many different charities, pick a few that are important to you, and give them a larger amount. This type of directed giving not only makes more sense, but will make it easier to track your donations at tax time.

For the other 3, click here or go to our Newsletter section on our web site at or call me, Paul Sullivan, at 310-657-8080 Extension 102.



Is 2010 The Year to Update Your Estate Plan?


Generally speaking, your estate plan should be reviewed every two years to determine whether it needs to be changed or updated.


Additionally, if any of the following events occur, you'll probably need to update your estate plan (i.e., your will, health care documents, powers of attorney, life insurance coverage, and post-mortem letters).

  • Divorce,

  • Marriage or remarriage,

  • Birth/adoption of child

  • Death of spouse or child

  • Sale of residence or purchase of new residence

  • Retirement

  • Enactment of new tax laws

For the STEPS you need to take if one of these happen, click here or go to our Newsletter section on our web site at or call me, Paul Sullivan, at 310-657-8080 Extension 102.



Would You Give Us a REVIEW on The Internet?


More and more people turn to the Internet to find supplies, vendors and even accountants to use and hire.  You probably use Google or another search engine to do the same in your business.


One way to HELP yourself to be 'found' is to have your clients, customers or patients give you a REVIEW on one of the popular review sites online.


More reviews encourages search engines to push your local listing to the top of the page where people will more likely click on it. 


We're doing the same here at Sullivan & Company and would like to ask you to give us a review on our Google Maps listing.  Just click on this link and review us on our Google Local Listing.

And if you haven't yet, please give us a testimonial or feedback on our performance.  It only takes 60 seconds.  Just dial 800-609-9006 extension 9006 and follow the instructions.



Call our offices if you have any questions about these or any other accounting related issues, at 301-657-8080. 


Regards, Paul Sullivan, CPA