Sammy L. Wells, PC's cover photo
No annoying tax professional lingo. Just straight, easy-to-understand professional advice and ex*****on. Sam Wells started his business as a sole proprietor in 1981 after fourteen years of experience in military, industry/private and public accounting.
The current practice, Sammy L. Wells, PC, a professional corporation, started from a partnership in 1985 and currently serves a variety of businesses and industries. Sammy L. Wells, P.C. 's expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning. Wells, P.C. is one of the leading firms in and throughout San Antonio. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.
Sammy L. Wells, PC's cover photo
Rental Property Do’s and Don’ts http://bit.ly/uEHb2C
Investinternals.com - intelligent money management, practice money management, financial planning process, value investing ideas, successful...
Paying Off Your Good Debt Early—Savvy Strategy or Money Mistake? http://bit.ly/t2czsF
Is it better to pay off debt or save? This personal example looks at paying off good debt like a student loan or mortgage, or using money to save...
Tips to Avoid Paying Late Fees http://bit.ly/sGqeve
Late fees are unnecessary expenses that rob you of your hard earned money and leave long term damage to your credit score. For many people, the...
What are your tax saving tips for 2012?
Which type of tax do you find most difficult to understand?
Taxpayers who refinanced their homes may be eligible to deduct some costs associated with their loans
How Long Will It Take To Pay Off the Credit Card? http://bit.ly/py3dJH
Insurance Tip: There are a variety of discounts available from the insurance company for all sorts of reasons: living close to work, getting good grades, and so on. Be sure to ask for a list of these discounts to see if you qualify for any of them. Agents may not ask you about these so make sure that you bring it up.
Tips for Managing a Financially-Troubled Business http://bit.ly/s5Oejb
I just came across the following article that was authored by Mike Periu. I think it has particular relevance to forensic accountants, lawyers,...
College Tax Tips for Students and Parents http://bit.ly/rO3ClK
Whether you have a high school student who is still debating the merits of Clemson or South Carolina, or you have a child that is working eagerly...
What do you understand of reverse mortgage?
By prepaying your mortgage and before time and as much as you can to reduce the final amount you have to pay.http://www.mycpaetc.com/Banking
Did you know that : The process of passing a family business onto the second generation is so difficult that not even a third of them survive. Beyond that, roughly half make it to a third generation. Here are some tips on to make it easy for you. http://www.mycpaetc.com/Business
‘Cafeteria Plan’: A plan in which the money which would normally be used as taxable salary is used, normally tax-free, for services that are necessary like health or child care. Is your company/business using this plan?
When do you think it is absolutely necessary to hire an attorney to solve small business disputes?
Getting Married? Here are some tax tips for newlyweds http://bit.ly/saA6YR
Kim Kardashian's divorce drama is all over the news right now. Everyone from CNN to the New York Times is covering this 72 day union. Millions of...
Real-Time Tax System. Do you think it will work? http://bit.ly/rE6BlY
IRS Commissioner Outlines Plans for a Real-Time Tax System
Have a date with the IRS? Take some tax tips from there to help you be the star of the date http://www.mycpaetc.com/For-Individuals
Want to cut your expenses and increase your cash flow? Call us today at 210-384-8358 or visit http://www.mycpaetc.com/
Will you buy or lease your next car?
What can you do to reduce the bank fees?
•Look into what is necessary to get free checking and free ATM usage and do it. This is typically done by having a minimum balance and only using your bank's ATMs. Another thought is joining a credit union instead of a bank as they generally charge less for banking services.
•Investigate how to invest in higher interest accounts. Determine how much money you would need in case of an emergency and roughly six months’ worth of expenses and keep that amount in your savings. Take the rest of you money and make it work for you.
•Don't order checks through your bank. Generally speaking, check printers charge less than the printers employed by the bank.
You credit history can take a hit after divorce if you are applying for a name change. The solution is to maintain credit in your own name. Preserving your own, separate, credit history makes things easier in the future. In an emergency, if you need credit, it will be available.
Learn how to “best buy” your car with these easy tips http://www.mycpaetc.com/Life-Events
The maximum amount of an employee’s 2012 earnings that is subject to the Social Security tax is $110,100, which is an increase from previous year’s $106,800.
Expenses are credited during
•End of year closing entries
•The reversing entry for a previous accrual adjusting entry involving an expense
•An adjusting entry to defer part of a prepayment that was debited to an expense account
•A correcting entry to reclassify an amount from the incorrect expense account to the correct account
Are you Really running a Hobby or a Business? http://bit.ly/vAJ3ub
Did you know that accounting on line will allow you to cut your overhead by $10,000 to $20,000 Per Year.
11840 Sandman St
San Antonio, TX
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