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Estimated Reading Time: 3 minutes 15 seconds

GP 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 services and could provide actual advice on business strategies. It looks like someone has been reading our blog!  

The buzzword “Advisor” or offering “Business Advisory Services” have been trending for a while now. Traditionally, (a word CPA’s lovingly rally to) the advisory titles and services were the exclusive territory of “consultants” and ex-auditors, although that is changing. We have long joked at GP CPA that those who can’t do for themselves often “consult” to others.

The main reason that advisory services are trending and predicted to be the next thing for CPA’s (again, the ROBOTS ARE COMING for OUR JOBS) is the move toward analytics and working with large amounts of data to make decisions. Software platforms like Fathom, or Futrli, or NC’s own Malartu are all making the ability to aggregate and segment data for large and small organizations less time-consuming. For anyone who has ever sat through a presentation that was built around a custom Excel sheet or had to create that custom Excel sheet, the experience was less than pleasant. If you want to lose an audience fast, give a CPA a spreadsheet and tell them they have to explain it to a client without looking at their shoes!

The data aggregation platforms all connect with cloud accounting platforms, point of sale systems, CRM, and payroll to provide a dashboard of information that is perfect for those of us with short attention spans.

Having a CPA, like GP CPA, using these platforms for your benefit is the best way to maximize the benefits from the data analytics. We find that using a platform like Malartu or Fathom allows us to answer the really hard questions our clients ask us. Such as, “How am I doing this year?” or ”what do we need to buy to make that tax bill go away?”

Let’s bring the power of analytics to your business endeavors and start answering those hard questions with simple answers. Unless of course, you enjoy hearing “it depends” from your accountant all the time. Switching to GP CPA as your advisor will at least change that answer from being the stock response.

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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