Long-term strategies and the ACA

Long-term strategies and the ACA

As serial entrepreneurs grow businesses and expand their overall business footprint, there is a tendency for advisors (such as Prus CPA) to explore the idea of consolidating certain elements of the businesses. This is often an effective strategy for managing costs and...
The 2018 tax filing season is in full swing

The 2018 tax filing season is in full swing

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...
Tax Cuts & Jobs Act Nov Update

Tax Cuts & Jobs Act Nov Update

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...
GMP CPA Business Advisor

GMP CPA Business Advisor

GMP 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...