For 2015 the IRS Established Mileage Rates are as follows:
 
  • Business Mileage:  .57.5 per mile
  • Moving Mileage:  .23. cents per mile
  • Medical Mileage:  .23. cents per mile
  • Charitable Mileage:  .14 cents per mile

 

Did you know that if you are audited by the IRS, the burden of proof for under reporting your income is on the IRS?  

However, the burden of proof that you have deducted legally allowable expenses and deductions is on the taxpayer (you).

  • Please contact me to set up an appointment so that we may discuss your understanding of legally allowable expenses and deductions.
  • Remember ordinary and reasonable are the operative words when determining if an expense is an allowable business expense for your type of business.

 

 

Our Values

Accounting Advantage prides itself on treating your money as if it were our money.  We are dedicated to the three underlying principles of professionalism, quality of services and responsiveness. See our values.

the ACCOUNTING ADVANTAGE....

At Accounting Advantage LLC, I pride myself on being your Trusted Adviser. My belief that I can and will provide thorough professional services is based on the fact that I have over 20 years experience in the Accounting and Tax fields and maintain current knowledge on Income Tax Laws via my commitment to Continuing Professional Education courses. 

 
The IRS and NYS provide many of the courses that I avail myself to, in addition to UB School of Management. Such courses include Updated Federal and State Tax Law, Ethics and Small Business Tax Planning to name a few. Specializing in small to medium sized business firms including start ups that are in need of business consulting to assure compliance to all reporting agencies, to medium sized firms under 1 Million in gross sales and under 30 employees.
 
I offer...
  • Accounting Services
  • Individual and Corporate Income Tax Preparation
  • State Income Tax Preparation to all US states
  • Part time CFO Services
  • All Quick Books ™ services, including installing the software, setting up the chart of accounts properly per industry, training, trouble shooting and entry check for accuracy.
  • Bookkeeping Services
  • Financial statement preparation and analysis
  • Budgets
  • Projections and Cash Flow reports
  • IRS Notice Representation including Offers in Compromise: financial statement preparation
  • Amended Returns
  • Review of your last three filed returns, both federal and state
  • Start up Company Assessment 

As a Quick Books™ Registered Adviser, I will train you to perform basic bookkeeping via Quick Books ™ or at the very least interpret your financial information so that you can increase income and decrease expenses on a very basic level. 

I am available for consultations regarding higher end analysis of your financial statements. Your individual 1040, 1040X including business Schedules C and E and all other required forms and business tax returns are personally reviewed, if not prepared by Linda A. Fischer, Managing Member, Registered Tax Return Preparer, of the firm. 

I can assist you with IRS notices, including the financial preparation of an Offer in Compromise and communicate with the IRS and NYS to give you peace of mind knowing that a professional is handling your financial concerns or I can refer to you to a qualified Tax Attorney if you so desire.  I allow you to do what you do best and that is running your business. As an individual, our service of communicating with the IRS and all other reporting agencies, allows you to concentrate on the most important areas of your life: family, health and self improvement.

Please feel free to contact me with any and all financial questions. I am available year round and during Income Tax Season I continue my policy of responding to your inquiry in a timely courteous manner. After all, you are my most valued Asset.