Author Archives: Ellen

These are some of the most common mistakes in preparing tax returns:

Personal Tax Returns

• Not taking a Child Tax Credit
• Missing ad valorem on cars
• IRA contributions
• Student loan interest
• Charitable activities mileage
• Married filing separately if one has high medical and charitable

Business Tax Returns

• Section 179 direct expense election
• Retirement Plan contributions includes extension time
• Recording business mileage on personal cars
• Cell phone adjustment for personal use
• Proper Documentation for Meals and Entertainment
• Credit card charges on personal credit cards not recorded
• Making Sub-S Election timely
• Paying payroll to owners of Sub-S Corporations

Ellen Springer, MBA, CPA can help you to navigate the mine fields in the business world and avoid the School of Hard Knocks in starting and running a successful business.

Ellen Springer is a business leader and has been a CPA for over 30 years providing business, tax and consulting services to individuals and businesses. Her passion is working with businesses and sharing her knowledge to help them be more successful in their business and have more money and time to spend with their family.

In an effort to reach more businesses and to reduce the number of small businesses that FAIL, she wrote a book: Turn Your Passion into Your Dream Business: Take it from a Dream to Real Success. It was nominated for a 2008 Georgia Writers Association Award and in it is a #1 Bestseller in the New Business Enterprise category on Amazon.com.

She is well-known and respected in the community serving on numerous boards and has received many awards including:

• Her business was named a 2007 Top 25 Small Business by the Cobb Chamber.
• She was the Kennesaw Citizen of the Year in 2005
• In 2006, she received the (NAWBO) Women Entrepreneur Inspiration Award.