Clients Who Are Under A Siege Of Student Loan Debt
PSLFIf you are employed by a government or not-for-profit organization, you may be able to receive student loan forgiveness under thePublic Service Loan Forgiveness Program.Employment Certification FormMany of you are already enrolled in the PSLF program...
Gathering Tax Documents
If we could give one piece of advice to our clients before heading into tax season it would be – REVIEW YOUR TAX ORGANIZER IN DETAIL.Organizers have been previously mailed and emailed. By using the organizer (or by using last year’s tax return) you can...
What the Tax Cuts and Jobs Act means for you
Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the...
Donation Deduction
Based on pending tax reform this may be the last chance for some of you to itemize your deductions…maybe ever! The time for tax-effective charitable giving is now. Consult your GBE advisor for more details.Donation FactsIf you donate using credit card in...
H.S.A. Accounts Information
We received an overwhelming amount of questions regarding H.S.A. accounts this year. Though we can’t answer all of them in one message, we have provided basic information for you below.Is an H.S.A. the right move for me?Every taxpayer’s situation is...
Business and Farm Expenses
At tax time we like to see receipts for vehicles, large assets, or items financed through a loan for your business or farm.We rarely request any other receipts; for the sake of time and efficiency we generally focus on your summarized numbers. But we feel...
Making Your CPA More Valuable to You
GBE Clients,Previously, we found an interesting article online. The suggestions are still valid today. The author describes five ways to make a CPA more valuable to you. They are:• Build a relationship• Be organized• Don’t make assumptions• Consult your...
Estate Planning
We often hear questions about estate planning. Namely, does GBE offer this service? The answer is yes! While the bulk of estate documents are completed by an attorney, many estate and other tax planning considerations should be discussed with your...
Buying and Selling Property
We see many complicated tax transactions every year. One group of transactions that are particularly complex are property transactions. The buying and selling of land, buildings, and all other real estate has several tax implications for both the buyer and...
Financial Mistakes
We see a LOT of financial mistakes each and every year. We have the knowledge to help you avoid these pitfalls. Often the issue is not known to us until tax time…when it is too late.So to help you stay out of big problems this year, here is a list of tax...