fEATurEd THis monTH rir, richmond international raceway 2011 ...
fEATurEd THis monTH rir, richmond international raceway 2011 ...
fEATurEd THis monTH rir, richmond international raceway 2011 ...
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TREASURER'S ReportCash Flow 1/1/<strong>2011</strong> thru 3/31/<strong>2011</strong>OPENING BALANCEsChecking Account $4,690.91Sweep Account $1,685.28Total Opening Balances $6,376.19INFLOWSAutocross Registration $582.15HE Advertising $2,844.00Refund PCA National $798.00RPM Registration $280.00TOTAL INFLOWS $4,504.15Bob DuntleyOUTFLOWsAutoX Expenses $293.60Biz TaxesFederal $84.00State $65.00Other Biz Tax $25.00TOTAL Biz Taxes $174.00HE Printing & Mailing $3,906.35MotorSportreg Service Charges $13.24RPM <strong>2011</strong> Expenses $252.78TOTAL OUTFLOWS $4,639.97OVERALL DIFFERENCE $(135.82)Total Cash Balance 3/31/<strong>2011</strong> $6,240.37• Income tax planning and preparation• Can I write-off my new Porsche Cayenne GTS as abusiness - Business expense? and individuals• Is Racing/DE/AutoX tax deductible?• New business startup consulting• Accounting system consulting• Cash flow projectionsThe answer to all tax questions is……………IT DEPENDS!!!Bill Sanders, CPA (434) 975-1120703 E. Jefferson St., Charlottesville, VA 22902www.WDSandersCPA.comHEAT EXCHANGER 5.<strong>2011</strong> 20