Individual Taxes

GPL's Tax Department is open and available to help your needs all year. We can prepare and file your individual tax return for the federal government and all 50 states. Our staff is trained to help solve any complex tax issues. It's our goal to keep you aware and informed of the new tax changes that can help you to reduce your tax.

In addition to preparing the current year returns, we will review your past tax returns. If we find adjustments, we can file an amended return, 1040X, if necessary.

We are experts on tax treaties between the US and other countries and can solve complicated foreign issues for non-immigrant status such as J1, F1, O1 and other 1040NR issues. If you have foreign income our office can help you with foreign income exclusion and foreign tax credit.

GPL employees attend many classes and network with many professionals each year to provide our clients with only the best current information and tax law to make certain all our clients have every tax reduction provided by the law in preparation of their returns and planning for the future.

Business Taxes

GPL's Business Tax and Planning services are designed to meet your business tax compliance and advisory needs with knowledge of how to prepare your corporate tax return. We know how to maximize your S-corp. benefits, how to treat your LLC members and partners, and how to maintain your real estate activities. GPL's experts will help you plan the right strategies for your business like pension plans—SEP vs. 401K, design employee benefit programs, employee stock option plans, and other day to day business decisions.

GPL's Business Tax Department is working jointly with our Accounting Department to provide you with complete services for your business such as QuickBooks services, annual and quarterly financial reports, payroll, controlling, and virtual CFO services.

The GPL team understands the importance of State and local taxes, and that they can significantly impact a company's cash flow. We are dealing on daily basis with such state agencies as the Department of Revenue, Department of Licensing, Department of Labor and Industries, and Department of Employment Security. We will help you file your state income taxes as well as annual and quarterly reports in any given state. GPL's team of state and local tax professionals combines technical knowledge with industry understanding and access to technologically advanced tools and methodologies.

GPL's Audit Department will represent your business in federal and state income tax audits, examinations, sales tax and B&O tax matters, employment audits and will respond for you on any federal and state notice.

Audit Services

GPL's audit department will represent you and your individual matters in IRS audits, examinations, and will respond for you to any IRS notice, CP2000, request for additional information, IRS collection issues, and to offer compromises.

What is an audit?

An audit is a review/examination of an organization's or individual's accounts and financial information to ensure information is being reported correctly, according to the tax laws, and to verify the amount of tax reported is accurate.

An audit does not always suggest that an error has been made. Returns are selected using a variety of methods, including:

• Random selection and computer screening - sometimes returns are selected based solely on a statistical formula.
• Document matching - when payer records, such as Forms W-2 or Form 1099, don't match the information reported.
• Related examinations - returns may be selected for audit when they involve issues or transactions with other taxpayers, such as business partners or investors whose returns were selected for audit.

What GPL can do for you?

GPL's audit department is managed by an Enrolled Agent, who has over 15 years of experience. We can advise, represent, and get you the best results in Federal income tax audits, state audits, examinations, Sales Tax and B&O Tax matters, Employment audits, and we will respond for you on any state notice.

What is an Enrolled Agent?

An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections and appeals. Enrolled Agents' expertise in the continually changing field of taxation enables them to effectively represent taxpayers audited by the IRS. In addition to the stringent testing and application process, the IRS requires Enrolled agents to complete 72 hours of continuing education to keep them abreast of any and all tax law changes.

What are the differences between Enrolled Agents and other tax professionals?

Only Enrolled Agents are required to demonstrate to the IRS their competence in matters of taxation before they may represent a taxpayer before the IRS. Unlike attorneys and CPAs, who may or may not choose to specialize in taxes, all Enrolled Agents specialize in taxation. Enrolled Agents are the only taxpayer representatives who receive their right to practice from the U.S. government and can represent taxpayers regardless of their state of residence. CPAs and attorneys are restricted to representing only clients that reside in the state in which they are licensed.