As the students head back to school, we shift our focus to recruiting. Each year, we like to hire an intern or two to help us during our busy tax season. Here’s what makes the internship experience at GK unique: A diverse set of projects – our interns work on individual income tax returns, personal […]
W-4, W-2, I-9…Come again?
Are you considering hiring an employee or several employees? There are several critical forms that must be completed by your new employee and kept in a personnel file. – IRS Form W-4 lets you know how much federal income tax to withhold – Form W-4 – Form I-9 verifies the identity and the eligibility […]
We Provide Payroll Services
Did you know that we provide payroll services? We take pride in providing your business payroll processing that is convenient, personal, and complete. Successfully processing payroll is an extremely important area of running a business of any size, and is equally as complicated and tedious. With ever changing government regulations, payroll can be a difficult […]
Financial Statement Changes For 2015
You may be noticing a change in the appearance of your company’s financial statements. On October 23, 2014, the Accounting Review Service Committee issued Statement on Standards for Accounting and Review Services (SSARS) No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification. SSARS 21 is effective for reviews, compilations and engagements […]
IRS Updates Identity Theft Policies
After a security breach during the 2015 tax season, the IRS has decided to change its policy regarding identity theft and disclosure of information from fraudulent returns. Previously, the IRS refused to release information from fraudulent returns to the taxpayer affected citing privacy concerns. After receiving pressure from the U.S. Senate , the IRS has […]
Avoid Business Fraud
Many small businesses have the luxury of a close knit group of employees. Despite trusting one another, it is important to take necessary steps to prevent fraud and embezzlement from becoming a temptation or reality. According to the Chamber of Commerce, fraud or embezzlement costs small businesses between $20 and $40 billion dollars each year, […]
This Is NOT A Tax Deduction
Mitch Green’s family’s golden retriever recently had puppies and we thought they were so cute that we had to share. Born on May 6th, they are growing quickly. The office is constantly asking to see new pictures. There was even discussion about adopting one as an office dog! Unfortunately, your family’s pets do not qualify as […]
Do You Need QuickBooks Help?
If so, our team of professionals would like to talk with you. Whether you’re using the traditional desktop version or the online version, we can provide you the support you deserve. Here are some of the areas in which we can help: Setup chart of accounts Basic training and implementation Ongoing support as needed QuickBooks […]
Tips To Know if You Get a Letter From the IRS
The IRS recently issued Tax Tip 2015-65: Top 10 Tips to Know if You Get a Letter from the IRS. In it, they outline what you should do when you receive a notice. Some examples include: Don’t panic. You often can take care of a notice simply by responding to it. Each notice has specific […]
Tulip Time 2015
For the past three years, our office has been able to volunteer for Tulip Time. This year, our team was able to help Centennial Park get ready for tourists. We helped identify tulips with name plates so tourists can learn about the different types of tulips. We were also able to help set up the […]