Each and every team member here at GLG Accounting is handpicked to ensure that we’re providing our clients with a unique and beneficial experience. Many firms try to hire as many people as they can, but we tend to favor quality over quantity. For more details visit 🔗 https://goo.gl/5uG7EP
"I'm writing another one now, and I will write another book after that. And another, and another, and another. And many of them will fail, and some of them will succeed. But I will always be safe from the random hurricanes of outcome as long as I never forget where I rightfully live."
Source: Ted Talks
GLG Accounting -- Every member of our team goes through continuous training, and they stay up-to-date on the latest regulations and policy changes. The only way our firm can stay ahead of the market is if we are committed to getting results for our clients while offering them an extra layer of protection. This has allowed us to do what many firms can’t deliver, and we plan on doing more as time goes on. We wants to help you with all aspects of income tax preparation. So, get in touch with us today to schedule a FREE consultation! 🔗 https://goo.gl/Ry9AE9
Does tax season make you feel nervous? If so, you’re not the only one, and it doesn’t have to be that way. GLG Accounting has expertise in income tax preparation Chicago, and we can handle the most complicated situations. We know that preparing and filing of an income tax return can be stressful, which is why we’re here to take care of it for you. 🔗 https://goo.gl/dodM13
Do you need help organizing your books and records for your business or you are overwhelmed by the amount of financial details you have to keep track off for your business or unable to file all tax return related to your business or you have unfiled personal income tax dating back as year 2000. Help is here; call 718-378-2610 for your accounting service, bookkeeping service, tax preparation service, business Incorporation and immigration needs. Visit us @ www.intensivefinancialservice.com#accounting#taxservice #
Taxpayers who are divorcing or recently divorced need to consider implications at tax time. Alimony payments are deductible by the payer and become income to the recipient. I advice some recipients to make quarterly estimated payments. #Divorce#Alimony
1) Assets that are depreciated are put on a depreciation schedule for a period of years (typically three or five for bigger purchases), and they have to stick to that schedule until the total amount is depreciated.
2) During the first year of depreciating an asset like a truck, you have a little more room with the depreciation amount. You can take a little more to either reduce your liability or increase your refund if need be. Just be aware that this option will lead to less depreciation to use on future returns.
3) You're allowed to take what's called a Section 179 Deduction where you can take the entire cost of an asset for that return. This does not leave any room for future depreciation.
4) Did your preparer forget to begin depreciating your truck or trailer in the year you bought it? That's ok! You can always start depreciating the asset on the next return.
5) A lot of people don't know that you can't take depreciation AND deduct lease payments. It's one or the other. We typically look to see which would be more beneficial for you, and more times than not it's taking the depreciation.
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From the boardroom to the courtroom we help businesses! Gordon Law is a corporate litigation and transaction firm that understands the challenges of operating a business. We help individuals maximize and defend their business at every step of your company’s life. Whether you are a startup or an international business, we pride ourselves in providing efficient and effective resolutions to all your legal needs. Click to know more 🔗 https://goo.gl/JU7ZQ9