> Base Adjustment
Adjustments made to the initial base level budget to reflect total base level funding available to the agency. The list of acceptable base level technical and policy adjustments are included in the biennial budget instructions. Adjustments are generally made on a technical or policy basis. Examples of technical adjustments are one-time appropriations and program sunsets. Examples of policy adjustments are salary increases and space rental changes.
> Cash Letter
A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter.
While most people regard accounting as boring and tedious work, it's arguably the most important part of running a business. Anchorage accountants keep track of what money is coming in and what money is going out. But if your company gets stuck with a disgruntled or corrupt employee, you can find that the business could be owing money to the government and that it's in worse financial shape than it is on paper. With the help of an accounting professional in Anchorage, you could straighten everything out quickly.
[2] Excludes excise taxes collected,[3] Includes tax-exempt organization,[4] Collections of tax (withheld and not withheld) [5] Includes estimated tax. [Money amounts are in thousands of dollars] in Alaska
Total Internal Revenue collections [2]
2,977,124
Corporation income tax [3]
91,575
Total [4,5]
2,831,725
Income tax not withheld and SECA tax [4,5]
736,965
Induvidual income emploment taxes withheld and FICA tax [4]
2,082,296
Source: Internal Revenue Gross Collections, by State, Fiscal Year 2001
Accountants are responsible for a wide variety of duties. They make sure that a company is run efficiently, that records are kept accurately and that taxes are paid on time. Generally, accountants will prepare, analyze and verify financial documents.
There are four types of Anchorage accountants:
Public Accountants
Management Accountants
Government Accountants
Internal Accountants
Each accountant specializes in one particular field to provide specialized services for a company or for private clients. Their expertise is especially important at large public companies who are forced to disclose their financial status to investors or the Securities and Exchange Commission. But if the government discovers discrepancies in a company's financial records, the company and its executives could be in some big trouble: They could face hefty fines and jail time.
Our Anchorage Accountants can guide you through many circumstances arising from starting your own business and also assist you with all of your tax questions.
Some typical issues Anchorage Accountants may help you with include:
Auditing
General Accounting
Business Matters
Financial Planning
Mergers and Acquisitions
Contact our Anchorage Accountants
If you live in the following cities and need an accountant, you should contact our Anchorage Accountants as soon as possible:
Anchorage
Bethel
Chugiak
Eagle River
Fairbanks
Juneau
Kenai
Ketchikan
Kodiak
North Pole
Palmer
Sitka
Soldotna
Wasilla
Did You Know?
There are different types of accountants.
Accountants specialize in a variety of fields including, but not limited to, audit, budget analysis, financial, management and tax accounting.
Anchorage Audio & Video
Accounting Standards
Audio, RM, 32 Kbps, 3:30, 1/16/2002
Bob Edwards talks with Chuck Landes, Director of Audit and Attest Standards at the American Institute of Certified Public Accountants. Source: National Public Radio
Latest accountant news in Anchorage and nationwide:
Jun 20, 2006 - St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants
On Sunday 11th June a delegation... Read more >
Aug 22, 2005 - Discipline Against The Respondent
On October 29, 2001, bar counsel filed a five-count petition for discipline against the respondent. On February 27, 2002, ... Read more >
Legal Disclaimers The information provided on Accountant Anchorage.com is not intended to be accounting advice, but merely conveys
general information related to accounting issues commonly encountered.
Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep
Corporate Accounting 
US Possessions tax credit, regardless of
Did You Know?
Regulatory Commission of Alaska - Docket: U-04-073