One Solution presentation- Internship final project.kristi edit

Accounting Internship

BY:Kristi Carranco

andCharles Hartley

• We have been offering tax, bookkeeping and payroll services in the Watertown / North Country area since 2005.  We are a successful, local small business here to provide dependable, friendly experienced financial assistance.

• Shannon Exford-Fargo ~ Enrolled Agent is admitted to practice before the I.R.S.

• Other staff includes Stefanie Joss and Ana Baires.  We are here all year round to provide you with the consistent, professional, dependable customer service that we are known for.

Basic Services:

•Bookkeeping, Payroll, End of Year Form Processing, Individual Tax Preparation, Corporate Tax Preparation

•New Business Set-up: Corporate, Sole Proprietor / DBA, Partnerships, LLC Formation, Sales Tax Set-up and filing

•Debt Resolutions: IRS, State

•Notary Service

•Quickbooks Set-up and Training

Background

•Unfiled Tax Return Assistance

•Innocent Spouse Filing Status

•Provide Tax Collection Relief

•End Harassment Calls

•Suspend Wage Garnishments

•Remove Tax / Bank Levies

•Possible Penalty Reductions

We can also implement:

•Installment Arrangements

•Settlement Agreements

•Fresh Start Debt Resolution

•Partial Payment Options

•Negotiate Un-collectible Status

•Streamlined Payment Plans

Below we have listed a few of our more specialized services:

Kristi Carranco

Charles Hartley and Stef

StefJob title: Staff Account and Payroll ClerkJob Duties: QuickBooks, Paying customers taxes and employees. Keeping their books in balance Her ultimate goal this year was to touch no taxes. (Which she managed to do.)

ChristineJob title: SecretaryJob Duties: Answering phones, help preparing taxes, Bennett Reality rent collector , Mail person.

Cliff Bennet and Niki.

Cliff is the owner of Bennett Reality Group and Niki is the leasing agent.

Ana’s Office

Ana did not want her picture taken so Esmund stepped in to do her job.

Kristi’s Responsibilities• A typical day in the office may include filing tax returns,

copying, filing, answering phones, creating spreadsheets, drafting letters to tax authorities, bookkeeping or payroll services.

• Tax research allowed me to learn new skills and help a client with a stressful situation.

• During the course of tax research I compiled a spreadsheet to sort tax forms and draft a letter to the State Tax Authority.

• I learned that in Accounting you research skills are key.• Get organized! Otherwise mistakes will follow.• Working with many types of accounting activities helped

excite me about continuing my education.

•Preparing Tax papers for clients to file taxes, Balancing clients accounts in QuickBooks. Paying Federal and State taxes for Clients payroll, Paying payroll, Answering phones.

•I did not like any task more than any other that I did. I did prefer to do/ learn more about tax preparation because I ultimately want to be a CPA.

•Having to create excel spreadsheets for all of the receipts we got I was able to show my creative side with excel.

•New knowledge, everything I learned about preparing taxes was fun and exciting to learn.

•The only problem that I encountered was that when calling the IRS be prepared to be frustrated and not get anyone on the phone due to the budget cuts in the IRS.

•Working at such a small firm makes me want to continue to work at a smaller firm instead of working at big firms.

Charles’ Responsibilities

Tax Season, part of the taxes we did.

Summary

I found the internship to be extremely helpful in guiding my educational planning. The experience that I gained helped me pinpoint my interests and formulate a educational path to help me achieve my career goals. -Kristi