MCDONNELL ACCOUNTING IS LOCATED AT 300 HILLER DRIVE, BILOXI MS 39531 (TELEPH 228 374-2374), AND IS OPEN FOR INCOME TAX PREPARATION MON-SAT 8:45-8:45.  IN 2007,  DARLENE EGGERT, PATTI LANKFORD, AND  RACHEL ROBERTSON WILL JOIN RANDY MCDONNELL IN PREPARING RETURNS.

 FOR YOUR APPOINTMENT THIS YEAR, NEW CLIENTS SHOULD BRING THEIR  2004 TAX RETURNS.  EVERYBODY SHOULD BRING CURRENT TAX BOOKLETS, FORMS W-2, 1099, K-1, SOCIAL SECURITY STATEMENTS, COST AND SELLING PRICES OF PROPERTIES OR STOCKS AND BONDS SOLD,  AND DATA ON OTHER TYPES OF INCOME. FOR SELF-EMPLOYED PEOPLE, INCLUDING THOSE WHO RECEIVE 1099'S, WE NEED TOTAL REVENUES AND EXPENSES (BY CATEGORY), INCLUDING BUSINESS MILEAGE.  PLEASE BRING MORTGAGE REFINANCING AGREEMENTS.  BRING BIRTH DATES FOR TAXPAYERS AND DEPENDENTS.  LOOKING OVER LAST YEAR'S RETURN  HELPS YOU REMEMBER WHAT TO BRING TO OUR OFFICE.

MCDONNELL ACCOUNTING ALSO PREPARES COMPUTER-GENERATED FINANCIAL STATEMENTS (P & L'S) AND CORPORATE AND PARTNERSHIP RETURNS FOR BUSINESSES. IN ADDITION, RANDY MCDONNELL, ALTHOUGH NOT HOLDING HIMSELF OUT AS A FINANCIAL ADVISOR, ENCOURAGES THE FIRM'S CLIENTS TO SEEK OUT HIS OPINION ON NEW INVESTMENTS THEY MAY BE CONSIDERING. FOR EXAMPLE, RANDY STRONGLY FEELS THAT A TRADITIONAL IRA, IF DEDUCTIBLE, IS MUCH BETTER THAN A ROTH IRA, BECAUSE IT IS BETTER TO HAVE A KNOWN DOLLAR AMOUNT OF TAX SAVINGS NOW RATHER THAN HAVE A HIGHLY UNCERTAIN TAX SAVINGS YEARS FROM NOW.