Progressive firm emphasizing consultation and tax planning of closely held companies and individuals; compilations; implementation of accounting systems, unparalleled service.
Over Richard N. Dawson’s accounting career, he has serviced a broad mix of clients. His experience began with an international accounting firm consulting with high growth emerging businesses, in addition to $10 million-$50 million international, multi-state companies, in a variety of industries such as manufacturing, construction, real estate, software, banking, and distribution.
Research and consultation of corporate tax planning strategies including, succession planning, multi-state taxation, utilization of S Corporation and Limited Liability Company provisions, mergers and acquisitions.
Experience includes servicing large commercial and residential real estate developers in preparation of tax returns with multi-state reporting.
Other areas service include individual tax planning and return preparation for key executives and wealthy individuals. Consultation and implementation of qualified retirement plans, and employee benefit packages.
Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. If the amount of income tax withheld from your salary or pension is not enough, or if you receive income such as interest, dividends, alimony, self-employment income, capital gains, prizes and awards, you may have to make estimated tax payments. If you are in business for yourself, you generally need to make estimated tax payments. Estimated tax is used to pay not only income tax, but other taxes such as self-employment tax and alternative minimum tax.
Personal-Service Activity' A personal-service activity is any business enterprise with the primary purpose of providing personal services. Personal-service activities encompass a wide range of professions, including Certified Public Accountants, law, medicine, engineering, design, finance and even performing arts.
Information about reactions to a product, a person's performance of a task, etc., used as a basis for improvement.
Feedback occurs when outputs of a system are routed back as inputs as part of a chain of cause-and-effect that forms a circuit or loop. The system can then be said to feed back into itself.