About GPL Tax & Accounting
GPL Tax & Accounting is a full service firm that handles tax preparation and planning, provides bookkeeping and accounting, and has the tools and know-how to help owners plan and grow their businesses. Our dream team of specialists will get you the low taxes you want and the compliance with local, state, federal, and international tax regulations and accounting standards you need.
GPL has solutions for your specific problem
We care about our clients and are with them every step of the way. We will give you the tools you need to manage your business and personal financial affairs efficiently and economically. At GPL, you’re never just another account, but an individual. You always receive service and solutions tailored to your unique needs. We are devoted to using our expertise to help you succeed.
GPL’s knowledge is your power
GPL is at the center of an eco-system of knowledge. Our clients not only have access to our Tax Gurus, but also to an international network of experts who can assist in a host of areas related to their business and personal financial lives. Whether you are relocating yourself or employees across the country or around the globe; whether you need help establishing an employee benefits program; or need new facilities for your growing business, we can put you in touch with reliable and dedicated real estate, legal, insurance, and financial professionals who will help you reach your goals. There is no situation that we haven’t seen.
GPL will help your business through an audit
We work with businesses of all types and sizes–tech firms, manufacturers, professional practices, and more. We know how to assist you. We understand the tax complications surrounding e-commerce, SaaS, and many other aspects of the modern business environment. We speak the language of your business and we speak the language of the tax authorities. That means we can make what you do understandable to them and ensure you avoid additional taxes resulting from misunderstandings between you and an auditor.
GPL practices full transparency
At GPL, we want you to understand how we are handling your account. We’ll put the effort into teaching you how to run your finances so you can prevent any future mishaps.
GPL Tax & Accounting is here to handle your personal and business tax preparation and planning needs. We can also handle your bookkeeping and accounting requirements. GPL provides all the tools and know-how you need to be in the best tax position while staying compliant with all tax regulations.
Is rental income taxable?
Yes. In the U.S., you pay taxes on the amount left after you deduct all allowable and documented expenses from the rents paid.
What is the difference between Form 1040 and Form 1040EZ?
The 1040EZ is the simplest tax form. You can use it if your income is less than $100,000 per year and is from wages, salary, and tips reported on a W2, from unemployment compensation, your taxable interest is not more than $1,500, and you do not itemize your deductions. You cannot use a 1040EZ if you plan to claim dependents.
What is the difference between Form 1040A and Form 1040NR?
The 1040A is a simplified tax form that citizens and permanent residents of the United States use to file their tax returns. Form 1040NR is used by non-resident aliens who need to report income taxable in the U.S.
Is my company too small to need a CFO?
The need for sound financial management is not a function of size. Small companies as well as large ones benefit from the services of a CFO, but small companies usually don’t need these services on a day-to-day basis. That’s where GPL comes in. We provide a way for companies of all sizes to get the financial management they need, as they need it, without the cost of a full-time executive officer.