Accountants CPA Hartford: William Brighenti, Publishes a Collection of Accounting and Tax Articles

Hartford, CT, October 14, 2009 --(PR.com)-- Accountants CPA Hartford: William Brighenti, Certified Public Accountant, Certified Business Valuation Analyst, and Certified QuickBooks ProAdvisor, is making available to the general public articles explaining and illustrating the preparation of a sundry of accounting and tax methods and forms. All of the articles can be found on its website at http://www.cpa-connecticut.com. According to William Brighenti, "although there are a number of guides and interpretations available to accountants on the market today, many of them fail to provide detailed and simplified examples of the implementation of the accounting and tax pronouncements. Within this website are articles explaining and illustrating in as simplest terms possible the application of some of these accounting and tax rules."

Many of the articles are dedicated to the subject of construction accounting because of William Brighenti's background as a construction controller and manager for nearly twenty years; consequently, articles can be found discussing construction tax methods, completed-contract method of accounting, percentage-of-completion method of accounting, gain/fade analyses, contracts-in-process schedules (variously referred to as work-in-process, work-in-progress, or simply WIP schedules), Quickbooks Contractor Edition, construction controllers, etc. In addition, there are articles on tax issues for small businesses and individuals, such as those discussing the material tax savings available from setting up a Simplified Employee Pension (SEP) Plan, the process of arranging an Installment Agreement with the Internal Revenue Service, and the application procedures of the Request for Abatement of IRS penalties imposed for failure to file tax returns or to make payments on time.

Some of the accounting, tax, and construction or manufacturing accounting articles include: how to file installment agreements and penalty abatement requests to the IRS; the tax savings from simplified employee pension (SEP) plans; why and how to prepare your own work-in-process (WIP) schedule; avoiding expensive recruiting fees in hiring a construction controller; how to apply SFAS 123R's calculated value method; applying the inventory price index computation (IPIC) method; the use of the percentage-of-completion method of accounting or completed-contract method of accounting; what is a long-term contract according to the IRS; preparing contractor reports in Quickbooks Contractor Edition; the various construction tax and accounting methods available; and the availability of Quickbooks training.

Many more articles on accounting, tax, Quickbooks, bookkeeping, payroll, Sage Master Builder, business valuations, business plans, starting a small business, etc., are planned in the upcoming months. William Brighenti encourages all interested parties to submit their questions, comments, suggestions, and even articles that they have written via his website. Webinars will be offered on Quickbooks, accounting, bookkeeping, construction accounting, tax subjects, and any subject in which someone is interested: William invites everyone to submit their subjects of interest through his contact form on his website; and if sufficent interest and enrollment ensues, he will prepare webinars on topics generating the most interest. “A public forum is needed in this country, informing its citizenry of the language of business and taxation,” William Brighenti asserts. “Since accounting is that language of business, in the light of our present economic meltdown, too much is at stake to not understand its syntax, grammar, vocabulary, and methodolgy. As a certified public accountant, I have a professional responsibility to assist anyone interested in the understanding of this very important language.”

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