While most people regard accounting as boring and tedious work, it's arguably the most important part of running a business. West Virginia 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 West Virginia, 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 West Virginia
Total Internal Revenue collections [2]
5,016,025
Corporation income tax [3]
267,499
Total [4,5]
4,575,050
Income tax not withheld and SECA tax [4,5]
1,039,771
Induvidual income emploment taxes withheld and FICA tax [4]
3,514,549
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 West Virginia 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 West Virginia 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 West Virginia Accountants may help you with include:
Auditing
General Accounting
Business Matters
Financial Planning
Mergers and Acquisitions
Contact our West Virginia Accountants
If you live in the following cities and need an accountant, you should contact our West Virginia Accountants as soon as possible:
Barboursville
Beckley
Bluefield
Bridgeport
Buckhannon
Charles Town
Charleston
Clarksburg
Elkins
Elkview
Fairmont
Grafton
Harpers Ferry
Huntington
Hurricane
Keyser
Logan
Martinsburg
Morgantown
Moundsville
Oak Hill
Parkersburg
Princeton
Saint Albans
Vienna
Weirton
Wellsburg
Wheeling
Did You Know?
You may want to hire one of the top accounting firms.
Some of the top accounting firms include KPMG/Peat Marwick, Ernst and Young, Arthur Andersen and Price WaterhouseCoopers amoung others.
West Virginia 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 West Virginia and nationwide:
Jul 14, 2006 - F.E.R.C, Strengthens Customer Protection, Facilitates Investment In Electricity Industry
The Federal Energy Regulatory Commission today harmonized provisions of two key Energy Policy Act of 2005 rulemakings addr... Read more >
Aug 22, 2005 - Enzi Supports Employer Protection Amendment
Washington, D.C. - U.S. Senator Mike Enzi, R-Wyo., is cosponsoring an amendment with Senator Phil Gramm, R-Texas, to the P... Read more >
Legal Disclaimers The information provided on Accountants West Virginia.com is not intended to be accounting advice, but merely conveys
general information related to accounting issues commonly encountered.
Corporate Accounting 
US Possessions tax credit, regardless of
Did You Know?
US Small Business Administration - West Virginia Distri