I went to our CPA's office today to work on our own books and also review our last years tax. I'm sure in my heart and knowledge that I didn't gave him the right figures for 07 tax return due to my lack of familiarity with the vendors and their categories. Base on my experience now I can tell something is wrong with the last years returns so we dig it back in our purpose to lower our tax payment.
The sad part was instead of lowering our tax payment it end up we should pay more, more as in double the amount that we have paid. Well we can't do anything but clear our books and pay what ever we owe to the IRS. Earn big but pay big taxes too. That's the downside of having your own business!