by Justin Prusiensky | Mar 12, 2019 | Guides, Blog, Taxes
When possible, you want to claim that your office in your home qualifies as a principal place of business because of this classification gives you the home-office deduction, andeliminates commuting from your home to your regular office.
by Justin Prusiensky | Feb 16, 2019 | Blog, Taxes
As serial entrepreneurs grow businesses and expand their overall business footprint, there is a tendency for advisors (such as GP CPA) to explore the idea of consolidating certain elements of the businesses. This is often an effective strategy for managing costs and...
by Justin Prusiensky | Feb 15, 2019 | Blog, Taxes
The 2018 tax filing season is in full swing, which means most CPA’s don’t see family, friends, or daylight until sometime after April. The big focus this year has been on tax refunds, which were expected to be quite a bit different this year due to the tax changes...
by Justin Prusiensky | Nov 14, 2018 | Blog
Tax Cuts & Jobs Act Nov UpdateNovember 2018IRS 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...
by Justin Prusiensky | Nov 13, 2018 | Blog, Guides
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...
