2019 Payroll w/Gusto

2019 Payroll w/Gusto

Payroll is often a source of pain for business owners. S-Corp owners know that they have to have it, although most still find it a bit…mysterious. The big payroll companies offer ready-built platforms that offer a ton of features, although they are often difficult to...
2019 – Happy New Year

2019 – Happy New Year

Welcome to 2019! We start the year off a little ominously; a partial government shutdown, looming international trade issues, and a rollercoaster stock market. All of these trending topics seem to make 2019 seem a little too much like 2009. And with the start of a new...
Cost segregation

Cost segregation

Dear GMP CPA Client: Cost segregation is the magic sauce that breaks your real property into its components and some of these components can depreciate much faster than the typical overall standard 27.5 or 39 year periods. This magic sauce is brought you courtesy of a...
Tax Cuts & Jobs Act Nov Update

Tax Cuts & Jobs Act Nov Update

Tax Cuts & Jobs Act Nov Update November 2018 IRS Says TCJA Allows Client and Prospect Business Meal Deductions  In Notice 2018-76, the IRS states that client and prospect business meals continue as tax deductions under the Tax Cuts and Jobs Act. This is very good...
GMP CPA Business Advisor

GMP CPA Business Advisor

GMP CPA recently met with a prospective client and when the topic of being a business advisor came up, we heard an interesting point of view. The potential client was specifically looking for a professional that would offer more than [just] tax & accounting...