GCS CPAs

Grass Coffey & Scharlau CPA's provides personalized Accounting & Tax Planning services for Businesses large & small as well as Individuals & NonProfits. #gcsCPA

[GCS CPAs @GCSCPAS]

With the annual federal gift tax exclusion, you can transfer
substantial amounts free of gift taxes to your children and others. Here are
the basic rules. https://t.co/MZI9eVWUIL

[GCS CPAs @GCSCPAS]

Are you an educator heading back to school and spending money
out of your pocket to teach your students? You may be eligible for a special
tax break. #Teacher #TAX #PHX #gcsCPA https://t.co/K346KvdNA7

[GCS CPAs @GCSCPAS]

If the names and Social Security numbers on your employees’ W-2
forms don’t match the government’s records, you may receive a “no-match
letter.” Here’s what these letters mean and how to proceed. https://t.co/vQgDS7eMjK #gcsCPA

[GCS CPAs @GCSCPAS]

If the names and Social Security numbers on your employees’ W-2
forms don’t match the government’s records, you may receive a “no-match
letter.” Here’s what these letters mean and how to proceed.
https://t.co/qle6sDchpn

[GCS CPAs @GCSCPAS]

If you’re fortunate enough to hit a sizable jackpot in the
lottery or while gambling, there are tax implications. Here’s a rundown of the basics. https://t.co/PORpDVFZct

[GCS CPAs @GCSCPAS]

In 2019, if you pay a household worker cash wages of $2,100, you
must withhold and pay Social Security and Medicare taxes. Learn about this and other tax obligations for household workers. https://t.co/GIUWOphG5P

[GCS CPAs @GCSCPAS]

What’s the best tool for detecting fraud?

[GCS CPAs @GCSCPAS]

Although you might want to enjoy the lazy days of summer,
employers and businesses shouldn’t take it so easy that they miss these
important Q3 2019 tax deadlines.

https://t.co/wMEheHNTrG

[GCS CPAs @GCSCPAS]

A tax deduction isn’t the only reason for donating a vehicle to charity. But if you’re counting on one, make sure you understand the rules. You may wind up with a small deduction or none at all. #donations #gcsCPA https://t.co/u8GP0lBAd1

[GCS CPAs @GCSCPAS]

An IRS audit may be nothing to lose sleep over. In many cases,
the IRS closes an audit after receiving requested documentation. Here are the
latest audit statistics, as well as some tips on how to survive an IRS
examination.

https://t.co/Uan4igM0YT

[GCS CPAs @GCSCPAS]

Business valuators don’t always take financial statements at face value.

[GCS CPAs @GCSCPAS]

Are you a business owner with teenage or college-age children
who constantly need money? Make them earn the money by hiring them. You can save taxes and reap other benefits.

https://t.co/vIKxOO52DP

[GCS CPAs @GCSCPAS]

Are you selling your principal residence? You may be able to
exclude up to $250,000 ($500,000 for married joint filers) of gain. Here are
the tax rules for home sales. #Realtor #home #tax #gcscpa

https://t.co/sIDAaBUetB

[GCS CPAs @GCSCPAS]

In most cases, #refunds are routinely sent to #taxpayers within a
few weeks. However, there may be #delays, or, in worst-case scenarios, refunds may be applied to #debts owed to the #federal or #state #governments. Click here for more information https://t.co/ihsQPokroh

[GCS CPAs @GCSCPAS]

Are you interested in joining the growing ranks of plug-in
electric vehicle owners? Find out about the federal income tax credit you might be able to claim. https://t.co/kEOWz3JIgH

[GCS CPAs @GCSCPAS]

Fun fact: Tacking vacation days onto a deductible business trip

[GCS CPAs @GCSCPAS]

Starting a new business can be a hectic, exciting and expensive
time. Be aware that not all start-up expenses can be deducted on your tax
return right away. Some may have to be amortized over time.

https://t.co/XiU9xSSU8p

[GCS CPAs @GCSCPAS]

Three questions you may have after you file your return https://t.co/WbkxgtJb4s via @LinkedIn

[GCS CPAs @GCSCPAS]

Are you still working after age 70½ and don’t want to take
required minimum distributions from your 401(k) account? You might not have to. Here are the details. https://t.co/Kn2Gjc95iq

[GCS CPAs @GCSCPAS]

How to get (tax) credit for your home’s green energy upgrades. https://t.co/Sach2qlY8Q