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


 

February 2010 Articles

Click here to review


Feature Articles

Five Often-Overlooked Reasons Why You Need a Will

How To Gauge a Sales Force's Performance

Don't Overlook These Valuable Tax Credits

Identity Theft During the Tax Filing Season

 

Tax Tips

7 Ways to Get a Jump Start on Your Taxes

Missing Your Form W-2?

Deduction for Credit or Debit Card Convenience Fees

Economic Recovery Payments

 

QuickBooks Tips

Save Time and Reduce Mistakes by Synchronizing Your Data

 

Financial Planning Tips

Review Your Savings Plan

Review Your Retirement Plan

Review January's Budget vs. Actuals

Collect Your Tax Information

 

7 Ways to Get a Jump Start on Your Taxes

 

Earlier is better when it comes to working on your taxes. You are encouraged to get a head start on tax preparation, especially since early filers avoid the last minute rush and get their refunds sooner.

Here are seven easy ways to get a good jump on your taxes long before the April deadline is here:

1) Gather your records in advance. Make sure you have all the records you need, including W-2s and 1099s. Don't forget to save a copy for your files.

2) Get the right forms. They're available around the clock on the IRS Web site, www.IRS.gov.

3) Get the fastest refund. When you e-file file early, you receive your refund faster. When you choose direct deposit, you receive your refund... (more)

For the other 4, click here or go to our Newsletter section on our web site at www.eSullivan.net or call me, Paul Sullivan, at 240-316-3531.

 


 

5 Ratios To Gauge Your Sales Force's Performance

 

It's vital, these days, to make sure you're getting the most out of on-premises sales staff. If goals are being met and revenue is where you want it to be, you may not need to use any measuring devices.

But if there is a problem, the following ratios, if applicable to your particular business, may help you pinpoint the problem, analyze it, and take action. The ratios can be applied to your entire business, to a division or department, or to one employee. Progress can be measured by comparing numbers from one month to the next.

Ratio 1: Total sales compensation/ gross sales = direct selling costs (%).

Ratio 2: Gross sales/total hours worked by salespeople = sales dollars per hour.


For the other 3 ratios, click here or go to our Newsletter section on our web site at www.eSullivan.net or call me, Paul Sullivan, at 240-316-3531.

 


 

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

 

Regards, Paul Sullivan, CPA