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Wonder how GP CPA’s “takeout drawer” looks after the end of tax season?

Written by Justin Prusiensky

Apr 29, 2019

April 29, 2019

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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GP CPA Client's Letter - May 2019
GMP CPA is now a GP CPA, P.C.