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Estimated Reading Time: 2 minutes 45 seconds

GMP CPA (aka Gary M Prusiensky, CPA, P.C.) has now officially become “GP CPA, P.C.” Since 1996 GP CPA has served the greater Charlotte area with accounting, tax, and payroll services in one form or another.

While things may have been different back then, they were not necessarily simpler. Charlotte has since grown to a city of 900,000, and now has the traffic and “foreign accents” (aka retired Yankees…) that come with that growth.

GP CPA continues to be an accounting firm that focuses on the needs of the small business owner, but with the addition of Justin Prusiensky leadership in 2013, the focus has shifted toward the future and how to navigate the technological trends that bring business into the future. GP CPA has been working on a succession plan for nearly 10 years, ever since Justin Prusiensky passed the CPA exam in 2008. We hope that many business owners will be afforded that same leisurely approach to change that we were able to make work, although we also believe strongly in plans over hopes.

GP CPA was lucky and fortunate in our evolution into the firm that we are proud to stand behind today. However, we were lucky and fortunate because we had a plan, and especially a plan that involved a really flexible time frame. If you are searching for an exit strategy, or if you know of someone who is counting on the sale of their company to be able to retire, we invite you to contact us first at GP CPA. Our firm is an example of a positive outcome through a long term succession plan, but we had to start somewhere. Let’s get in touch today to start with your plan.

Navigating the Unexpected Closure of Bench: GP CPA, P.C. Is Here to Help

Navigating the Unexpected Closure of Bench: GP CPA, P.C. Is Here to Help

In contrast to Bench, (RIP?), GP CPA, P.C. is a Certified Public Accounting firm located in the Southeastern United States. We are second generation CPAs and business advisors. We can take over for wherever it is that Bench left off and with us, you won’t experience a data hostage situation with our firm.

Don’t Panic:  What to Do When You Get a Tax Notice

Don’t Panic: What to Do When You Get a Tax Notice

Picture this: You’re sifting through the mail, dreaming about coffee or a vacation, and then—bam! There it is. An ominous letter from the IRS or your state tax agency. Before you launch into a full-blown panic spiral, let’s talk through what this means and how to handle it. Spoiler alert: ignoring it won’t make it disappear.

Why Waiting Until January to Find a New CPA is Too Late

Why Waiting Until January to Find a New CPA is Too Late

As a small business owner, managing your financial health is crucial not only for your business but also for your personal wealth. Yet, many business owners make a critical mistake—they wait until January to start searching for a new Certified Public Accountant (CPA).

I received funds from the Restaurant Revitalization Fund (RRF) program, now what do I do with the money?

I received funds from the Restaurant Revitalization Fund (RRF) program, now what do I do with the money?

First off, the funds are expected to be spent before the end of 2021, as an annual report to the SBA will be required at some point in the future. We are still waiting for guidance from the SBA regarding what this annual report will look like. It may make sense to draft a spending plan or budget to make sure all of the funds are spent on time and in accordance with the program rules. GP CPA can help you with this planning, so you can prevent a surprise surplus of funds. Spend wisely and timely!

What Tax Breaks Changed From 2018?

What Tax Breaks Changed From 2018?

Congress extended some of the tax breaks retroactively to January 1, 2018. They now expire on December 31, 2020. Learn more about tax breaks that have been extended.

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Wonder how GP CPA's “takeout drawer” looks after the end of tax season?
Extensions season continues...