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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.

Tax Projections vs. Tax Planning: Why Knowing the Difference Matters

Tax Projections vs. Tax Planning: Why Knowing the Difference Matters

At GP CPA, we help business owners make informed financial decisions year-round—not just during “certain times” of the year.. One common point of confusion we encounter is the difference between tax projections and tax planning. While these two services are closely related, they serve distinct purposes and deliver very different outcomes.

Why We Use Relay Financial—And Why You Might Want to, Too

Why We Use Relay Financial—And Why You Might Want to, Too

At GP CPA, we’re always on the lookout for tools that help small business owners save time, stay organized, and keep cash flow running smoothly. One of those tools? Relay Financial—and we don’t just recommend it, we use it ourselves.

Starting a Business in North Carolina or South Carolina?

Starting a Business in North Carolina or South Carolina?

Starting a business is exciting—it’s also a little like setting out on a road trip without a map (or GPS) if you’re not prepared. You might end up in a great place by sheer luck, but chances are, you’ll hit a few dead ends or take longer than necessary to get where you want to go. That’s where we, the CPAs and business advisors, come in handy.

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.

The Employee Retention Credit (ERC)

The Employee Retention Credit (ERC)

The Employee Retention Credit (“ERC”) has had some upgrades and retrofits to some of the basic calculations with the most recent (12.27.20) CARES Act changes.

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