gandsaccountancy

How To Find the Right Accountant for Your Small Business?

Are you looking for a local CPA for small business? Are you confused about how you will be able to find the right one? There are various accountants available in the finance industry. But you need to work with the right one who can assist your small business perfectly and can help you set upContinue reading “How To Find the Right Accountant for Your Small Business?”

Why Are Small Business Bookkeeping Services Crucial?

Account management and tasks related to finances are complex. Individuals often get confused in this matter. And when they have to handle a business’s financial tasks, things become more complex. In these situations, small business bookkeeping services can help overcome the situation. Here are a few services that businesses get from these firms. Reconciling WithContinue reading “Why Are Small Business Bookkeeping Services Crucial?”

Challenges and Updates in Logistics and Transportation Industry

After emerging from the global pandemic, the logistics industry is facing new challenges. The year 2022 couldn’t outperform 2019 for the logistics companies and trucking industry. As a result, there is a big fall in freight demand in December 2022. Currently, the Outbound Tender Volume Index (OTVI) and Contract Load Accepted Volumes (CLAV) have decreased.Continue reading “Challenges and Updates in Logistics and Transportation Industry”

Increase Your Tax Refund

Take Advantage of Refundable and Non-Refundable Tax Credits Do you fall under the category of low or moderate income? Then, you can benefit from the “tax credits” offered by the Federal and State Governments. You can also save a significant sum of money and get great benefits as an individual, family, or organization. Because byContinue reading “Increase Your Tax Refund”

IRS $80 Billion Funding: What Does It Mean For You

After years of declining funding, the Internal Revenue Service (IRS) has finally received a major boost in its budget. The Inflation Reduction Act allocates an additional $80 billion to the agency over the next decade. This latest reckless tax and spending spree is almost six times the IRS’s annual budget of around $13 billion. FindContinue reading “IRS $80 Billion Funding: What Does It Mean For You”

New Lease Accounting Standard

After a delay of many years, the new lease standard (FASB ASC Topic 842) finally became effective in 2022. The system seeks to ensure more transparency in financial statements for all organizations – from government organizations to public companies and private non-profit firms. The annual reporting period of this starts on or after January 1,Continue reading “New Lease Accounting Standard”

Section 1031 Exchanges vs. Qualified Opportunity Zone Funds

When it comes to real estate investing, 1031 Exchanges and Qualified Opportunity Zone Funds (QOZF) are two attractive options. Both programs help investors trade assets while deferring taxable profits by reinvesting gains from selling one property into buying another. Although both 1031 Exchanges vs. Qualified Opportunity Zone (QOZ) Funds look similar, you must know someContinue reading “Section 1031 Exchanges vs. Qualified Opportunity Zone Funds”

Four Reasons Why People Trust G&S Accountancy Inc.

Small business owners need professional accounting services to conduct their business smoothly. Professional accounting services can help simplify complex accounting procedures. Thus, small businesses need help from the professionals like G&S Accountancy Inc. G&S Accountancy Inc. is a prominent name among the leading accounting firms that can help small businesses and non-profit organizations with complexContinue reading “Four Reasons Why People Trust G&S Accountancy Inc.”

How Professionals at G&S Accountancy Inc. Can Help Your Business?

Since it may be difficult for transportation and trucking firms to keep track of their finances and accounting without outside assistance, many turn to a specialized accounting firm for trucking accounting services. These firms provide specialized assistance in financial and accounting concerns to businesses of all sizes. Expert accountants and tax services San Bernardino specialistsContinue reading “How Professionals at G&S Accountancy Inc. Can Help Your Business?”

4 Benefits of Hiring a Professional Accounting Firm for Business Finances

The complex legal procedures of any industry can be confusing and tiring and would require expert guidance. Different industries comprise different legal procedures that can only be solved with the help of professionals. Therefore, companies hire professional accountants to handle their legal procedures. It doesn’t t matter whether you are looking for tax problem resolutionContinue reading “4 Benefits of Hiring a Professional Accounting Firm for Business Finances”