GP CPA 2018 Year End Calendar
GP CPA exclusively uses Gusto for our payroll processing and we couldn’t be happier with them. We encourage you to check out Gusto and see if it might make your payroll experience more pleasant.
The most wonderful time of the year…
During this most wonderful time of the year, GP CPA looks forward to as much snow as possible and giving clients good news about their business performance.
Drive Time Increases Odds of Deducting Rental Property Losses
Your rental properties provide tax shelter when you can deduct your losses against your other income. One step to deducting the losses is to pass the tax code’s 750-hour test. And one step to finding the hours you need to pass the time test may be your drive times.
Automation in the automotive industry
At GP CPA, we work with several clients in the automotive field, from classic car restorations to rebuilding transmissions, this part of the economy has been stable for a while.
Foreign accounts and the IRS
One of the key elements of the case against Mr. Manafort is the lack of proper reporting of foreign income or control over foreign bank accounts.
Future of accounting: GP CPA adopts a robot
As the accounting function becomes more real-time, there are time savings based on streamlined processes and the availability of more information.