Welcome to the website of Bill Farrell - CPA and QuickBooks professional advisor – we thank you for taking the time to visit us! We carefully created this website to do much more than simply be an introduction to our firm and an outline of our tax accounting services. Here at the office of Bill Farrell, CPA, we have a dedication and passion for our clients and visitors which is our motivation to offer each of you a website rich with the most relevant and helpful resources for your personal or business accounting and tax needs. The resources you will find on these pages will give you the guidance and answers you need at any given moment - making us a firm that is essentially by your side beyond the confines of office walls and hours.

Here is an overview of the information contained on our website. You will find it organized and easy to follow:
- Profile: gives an overview of our firm and highlights our expertise.
- Services: offers details for all of our services, including QuickBooks Training & Support, Business Consulting, Financial Planning, Tax Services, and Payroll Services.
- Info: interactive calendar with federal & state tax due dates, tax forms, IRS publications, and financial planning and business owner toolkits.
- Newsletter: informative articles regarding both personal and business tax & finances.
- Tools: your interactive financial center includes calculators for every situation or need, including tax, auto, mortgage, investment, insurance, savings, loan and business.
- Links: core list of governmental, financial and tax websites for personal and business needs.
- Contact: address, phone, fax and email allow you to choose the most convenient way for you to contact us with questions or comments.

As you peruse our website, please feel free to contact us with any questions or comments you may have. We would love to hear from you and pride ourselves on being proactive and responsive to our clients' inquiries and suggestions. We have only done our job at the firm of Bill Farrell, CPA if you, our client, have all the resources and support to give you peace of mind when making decisions for your personal or business accounting and tax needs.









March 10, 2010



IRS makes case for greater disclosure from businesses...

Congress focuses on economy; Senate readies jobs bill...

IRS Statistics of Income on 2007 top 400 AGI taxpayers shows taxpayers’ increasing wealth, lower effective tax rates...

IRS survey reveals increased tolerance of “a little” cheating on tax returns...

IRS issues 2010 vehicle depreciation dollar limits...

AL - Haiti earthquake relief deduction on 2009 return allowed...

AK - Initiative to allow residential property exemption increase certified...

AZ - Apportionment, credit, return filing, and other changes highlighted...

AR - Military Spouses Residency Relief Act Discussed...

CA - Relief extended to taxpayers affected by storms...

CO - Small businesses may file, pay online...

CT - Governor will not sign law with tax increases to reduce deficit...

DE - 2009 Legislative action memorandum issued...

DC - Tax rate increased and amnesty period approved...

FL - County denied injunctive relief against online travel companies for collection of tourist development taxes...

GA - Guidance provided on single-family residence credit...

HI - Governor proposes several tax credits, exemptions...

ID - Deferral program for 2010 addressed...

IL - Electronic filing of Form W-2 returns discussed...

IN - Dispatch announces form and filing changes, non-filer penalty, military spouse relief...

IA - Expanded IA 1040 Instructions released...

KS - Interest rates and penalties for 2010 announced...

KY - Annual W2 reporting, 2010 standard deduction discussed...

LA - Credit for conversion of vehicles to alternative fuel usage discussed...

ME - Governor states opposition to tax increase...

MD - Haiti earthquake relief deduction on 2009 return allowed...

MA - Proposed budget would limit credits, end candy, soda, cigar exemptions...

MI - Sunset removed for automobile donation credit...

MN - Fact sheet for military personnel updated...

MS - Excessive assessment may not be corrected after statutory deadline...

MO - Military reference guide updated...

MT - Trend tables for valuing property amended...

NE - Application of lodging taxes explained...

NV - SST rules adopted...

NH - Prefiled bill would impose tax with SST definitions...

NJ - Withholding tax form correction announced...

NM - Tax deduction add-back bill rejected...

NY - Third-party verification audit method upheld...

NC - Federal treatment of contributions for Haiti relief followed...

ND - Notices regarding Military Spouses Residency Relief Act issued...

OH - Military taxpayers' guide to taxable income and deductions revised...

OK - Guidance on tax increment financing districts provided...

OR - Deferral regulations modified to address domestic partnerships...

PA - 2010 earnings and wage tax rates released...

RI - Proposed budget includes no broad-based tax increases, creation of small business tax credit...

SC - Governor warns of tax increases if changes not made to current spending track...

SD - Installation and repair of communication equipment discussed...

TN - Large greenhouses were real property, not personal property...

TX - Rules amended to match changes made by legislation...

UT - Withholding Tax Guide for 2010 released...

VT - Valuation of single-family home not arbitrary...

VA - Nexus presumption bill introduced...

WA - Revised personal and industrial property valuation guidelines issued...

WY - Manual provides information on oil and gas reporting...