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


May 2010 Articles

Click here to review

Feature Articles

- Household Employees and Withholding Taxes

- Haven't Filed an Income Tax Return? What to Do

- Hiring New Employees? New HIRE Tax Benefits

- Small Businesses and Health Care

Tax Tips

- Looking for Status of Refund?

- IRS Impersonation Schemes Flourish

QuickBooks Tips

- The Post-Tax Blues: How to Accelerate Receivables

Financial Planning Tips

- When to Review Your Life Insurance Coverage

- A Slip of the Lip May Bring on a Tax Audit

- Check Your Credit Reports

- Review Budget vs. Actuals

- Make Withholding Adjustments


Learn About The Top 4 Insurance Mistakes on:

Friday, June 18, 2010 at 10 am ET


Often because of changes in your personal or business life over time, your insurance coverages can become inadequate or not needed for the current or new direction of your life or business.


Because I see financials more often than most people I see the biggest mistakes most people make when they do not assess what their policies and coverages should be or changed to, based on their financial situations.


On this call I'll cover the 4 biggest mistakes most people make, the range of consequences and what you can do to avoid them.


As a valued client I want to give you a quick update on the top changes so your are invited to attend a live free conference call on Friday, May 28th starting at 10:00 am ET.


My staff and I will cover these issues plus take your questions on: 


1) 2010 Hire Act - Tax Advantages:

    > Social Security Forgiveness

    > Business Credit for Retention

- Who is a Qualified Employer?

- Who is a Qualified Employee?


2) Small Business Healthcare Tax Credit


3) Excise Tax on High Cost Employer Sponsored Healthcare Coverage


To get access to the call, dial 703-344-2171

When prompted, use access code: 789982#
(backup # is: 410-454-9994 )


PRINT OUT this email as a reminder and tape it near your phone.


TO SUBMIT A QUESTION before the call, click here and at the bottom of the page, type in your question and click the Submit Your Question button.

For questions or more information call me, Paul Sullivan, at 240-316-3531.



Small Businesses and Health Care


Many small businesses and tax-exempt organizations that provide health insurance coverage to their employees now qualify for a special tax credit.

Included in the health care reform legislation - the Patient Protection and Affordable Care Act - which was approved by Congress and signed by President Obama on March 23, the credit is designed to encourage small employers to offer health insurance coverage for the first time or maintain coverage they already have.... (more)

For more financial planning tips, click here or go to our Newsletter section on our web site at 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