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


June 2010 Articles

Click here to review

Feature Articles

- Summer Travel Tax Deductions

- Cut Taxes on the Sale of Your Home

- Timing Mistakes That Cost Thousands of Dollars

Tax Tips

- Are Your Social Security Benefits Taxable?

- Getting the Right Amount of Tax Withheld

QuickBooks Tips

- Generating Professional Reports with QuickBooks

Financial Planning Tips

- Review Your Insurance Policies

- Lower Your Utility Costs

- Analyze Budget vs Actuals



2010 Hire and Health Care ACT (Audio Replay)


Last month several senior staff members held an hour long conference call to discuss the new 2010 Health Care Reform Act and Hire Act.



We gave detailed explanations on how you can TAKE ADVANTAGE of these new programs PLUS answered several questions.


If you missed the call, you can listen to the AUDIO REPLAY live or download the MP3 by clicking here and following the instructions.  Turn on your speakers to listen.

For more general accounting tips go to our Newsletter section on our web site at or call me, Paul Sullivan, at 240-316-3531.



Financial Planning Tips for June 2010


Review Your Insurance Policies
You reviewed your "asset" policies in April.  This month, review your life, health, and disability insurance policies.  Check with your employee benefits office as to what programs are available.  Make certain you have adequate coverage.  If you have a question on what is adequate, call us at 301-657-8080 to determine the appropriate amounts for your age and income.

Lower Your Utility Costs
Review your utility costs for the year. Make certain you are getting the best possible deal where multiple providers are available. For example, obtain competitive quotes for long-distance phone service. For other utilities, review your usage to see if any savings are available. Consider the use of annual "budget" plans with the utilities to even out annual payments.

Analyze Budget vs Actuals
Compare May income and expenditures with your budget. Make adjustments as appropriate to your June expenditures. Make sure you have invested your planned savings amount for May.

For insurance questions or more information 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