The Benefits of An External Audit

Evaluate your system accurately!

In an external audit, expect that professional accountants will interview the owner, discuss the accounting system and test the company's accounting information and procedures.

External audits offer several benefits for small business owners:

• Providing ValidityMany small business owners do not have an in-depth understanding of accounting principles.  Professional accountants can review this information objectively and thoroughly and provide business owners with insight on the accuracy and validity of the accounting process. Valid accounting information can help business owners secure external financing from lenders and investors, and is also pleasing to the IRS.
  
• Uncovering ErrorsBusiness owners can use external audits to discover errors in their accounting process. Errors in accounting information may prohibit managerial staff from making the best decisions. Business owners can also find it difficult to review historical financial information and discover trends if errors are in place. Trends allow business owners to plan future production output and estimate sales for the upcoming months.
  
• Limiting Tax and Legal IssuesLegal issues arise when business owners provide inaccurate or fraudulent accounting information to lenders, investors and the general public. Overstating income, inventory value or other items can significantly increase the amount of taxes owed by the company. Small businesses organized as a sole proprietorship also need accurate accounting information since income will be reported on a personal income tax return. Inaccurate accounting information can trigger a personal and business tax return audit.
  
• Educating the Business OwnerBusiness owners often work closely with external auditors to improve their accounting process. External auditors will provide business owners with information on current accounting issues. Public accounting firms may also provide business owners with free educational seminars to improve their accounting process. Creating a personal relationship with a public accounting firm provides business owners with professional insight for future accounting questions.

--------------------------------------------------
READ MORE>> smallbusinessChron.com: What Are the Benefits of An External Audit?
-------------
READ MORE

•     About GBC Services
•     GBC Audit Services Website
•     Visit the Internal Revenue Service's Website

Why Should I Get an External Audit?

Quality external auditors will take
the time you don't have to go
through your records with a fine-
tooth comb. Protect your company.

Question: What IS an external audit?

External audits are independent, unbiased reviews of your business’s financial records. You usually can contract an accounting or auditing firm to conduct this review. It can be an expensive exercise, but it has its benefits. While you may consider your organization’s controls and records to be flawless, an external third-party review can assure you if that is actually the case.

Three main advantages are outlined as follows:

1. Identification of Errors: As a business owner, even if you have the expertise to conduct your own audits, the responsibilities of running a business may prevent you from dedicating the time required to seek out errors and omissions in your financial records. An external audit will identify these mistakes and rectify them over the historical data. This, in turn, will provide you with clearer business records and data.
   
2. Internal Control Effectiveness: External auditors perform walk-throughs of each of your business processes and verify that approvals and authority checks are in place and working before a transaction lands in your financial records. They also determine that your computer systems perform correctly. This doesn't cover IT functions, but entails a check for controls in your systems to ensure that only authorized personnel perform certain tasks. The external auditor will advise you on how to address any issues they uncover.
   
3. Acceptance of Audited Statements: You may require a loan for your small business or a letter of credit to obtain merchandise. Banks and lending companies typically will require that you provide audited and reliable financial statements. Your company's net assets adjusted for goodwill can help you anticipate its current value, which can help you set a price for it, if you are willing to sell it. Similarly, tax authorities may be more willing to place reliance on your calculations for income or sales taxes if you present audited financial statements.

Audited financial statements indicate that you are a responsible business owner who practices transparency in your activities.

These acts of transparency contribute to the goodwill of your business. This can all be used easily to settle accounts, diffuse disputes among partners, and to prevent employees from committing fraud. 

-----------------
READ MORE>> yourbusiness.azcentral.com: "What Are the Advantages of An External Audit?

-------------
READ MORE

•     About GBC Services
•     GBC Audit Services Website
•     Visit the Internal Revenue Service's Website

Essential Guide to Avoiding Tax Audits

Avoid problems at tax time.

A few simple tips to help you avoid a tax audit:

A tax return with lots of round numbers.
$1,200 in travel expenses or $1,500 in charitable contributions — suggests that you're just estimating those claims, and the IRS loves to go after people who don't keep good records. You don't need to include cents, but use the closest accurate dollar amounts, such as $1,260 or $1,525.

If you use a software program, do not use its e-filing feature.
If there's anything that might leave an IRS officer wondering. Print out your return and attach an explanation statement and mail it in. A new feature this year is that you will able to include PDF attachments with certain forms. Ask if your software supports this.

Sloppy arithmetic on a paper return can flag an audit.
People list correct numbers but on the wrong line. So make sure sums are not only correct but in the correct place.

READ MORE >> AARP.ORG: 9 Tips To Avoid Tax Audit

-------------
READ MORE GBC Tax Services Website
For All Your Accounting Needs Call GBC 678-366-9232

Professional IRS Representation for Your Small Business Needs

GBC can help your company
with payroll tax problems.

There is a few things you should know about payroll taxes though, crucial knowledge that could help you avoid legitimate problems with the IRS as long as these rules of thumbs are followed and guidelines applied.

First things you need to know before getting Atlanta IRS representation is what to hold back from every employee's paycheck:

• Federal (and if applicable state) income taxes
• FICA contributions (for such programs as Social Security and Medicare) 
• READ MORE ABOUT FICA  

Other important notes for an employer to know to help them with their Atlanta payroll tax problems: 

• How much income tax to withhold depends on the numbers of exemptions claimed by the employee.
• FICA contributions from a percentage of gross earnings earned by the actual employee in which you must either match to a certain percentage, or fully.
• Use a federal tax deposit form with your payment (makes things way easier)

If you do not send these to the IRS, then you may indeed find yourself needing Atlanta IRS representation.  The Atlanta IRS requires this information by federal law, so it is best to make sure you send it over:

• Form 941 Employer's Quarterly Federal Tax Return. Form is filed every 3 months whilst your business maintains employees. This report shows the employees' federal income tax and FICA withheld for the previous quarter.
  Download Form 941
• Form 940 Employer's Annual Federal Unemployment Tax Return or FUTA. Filed once a year, and is used to calculate federal unemployment tax. It is important to note that the FUTA tax is paid by the actual business and is not withed from the employee's check.
  Download Form 940

If you find yourself failing in this area of Atlanta IRS representation for your business, do not fret. The Atlanta IRS has reported that the vast majority of businesses are often late, or mess up, their taxes. While the Atlanta IRS considers payroll taxes the most serious of all the tax debts, often they will be willing to work with you as long as you pick the correct Atlanta IRS representation.  

Be careful with payroll taxes, as Atlanta IRS collectors can be extremely tenacious if you owe any payroll taxes whatsoever. 

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Payroll Taxes and Your Business
• Helpful Payroll Related Articles
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today!

Atlanta IRS Solutions...GBC Services Can Help You With IRS Problems

Always fill out tax
forms at the earliest!

IRS problems are extremely unsettling. 

While you are likely to feel panicked and overwhelmed, following the steps below will assist in solving your tax issues in a timely fashion.

Do not let a notice from the IRS sit around without taking action. 

The notice will contain a payoff date for any liability noted. A timely resolution to your problems is crucial to minimize the effect of penalties and interest on this and any money you owe.

• Read the IRS notice several times. The notice will be difficult to fully understand if you read it only once. 
• Make notes on what the IRS is asking for, including the tax year the notice...

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• About GBC Services
• Commonly Used Tax Forms
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 

Press Release: Ghassan R. Ghraizi of GBC Services, LLC Authorized as Certifying Acceptance Agent for the IRS

FOR IMMEDIATE RELEASE

Ghassan R. Ghraizi  of GBC Services, LLC Authorized as Certifying Acceptance Agent for the IRS

GBC Services, LLC., has long been a leader in Atlanta's financial sector, providing stellar services in the realm of tax preparation, human resource management, business consulting  and payroll services.

This is perhaps why GBC Service's own Ghassan R. Ghraizi was able to secure a brand new classification as  a Certifying Acceptance Agent for the IRS. As a Certifying Acceptance Agent, Ghassan R. Ghraizi is able to assist foreign nationals and aliens who do not qualify for a Social Security Number (SSN) by providing them with an Individual Taxpayer Identification Number.

An Individual Taxpayer Identification number, or ITIN, is required for foreign persons for federal and state individual income tax reporting. An ITIN does not authorize individuals to work in the US however, nor does it provide eligibility for Earned Income Tax Credit or Social Security.  ITIN's are also issued regardless of an individual's immigration or alien residency status. 

Individuals who are most in need of an ITIN are: Non-residents who desire to file tax returns but are not SSN eligible, a U.S. resident alien (this classification is often based on the number of days one has been in the U.S.), dependent or spouse of a US citizen or resident immigrant who is not SSN eligible and for those who are dependents and spouses of a non-resident via holder.  Unless there is a special exception, all above individuals should have an ITIN.

As a Certifying Acceptance Agent with years of applied experience in the tax preparation field, Ghassan can help assist foreign nationals and immigrants who have to apply for an Individual Taxpayer Identification Number. 

Providing crucial financial services is what GBC Services, LLC., does best.  Now, as a newly appointed Certifying Acceptance Agent,  Ghassan R. Ghraizi can  also give foreign clients  support when it comes to putting down roots in a new land.– wc 306

Contact:

Ghassan R. Ghraizi
GBC Services, LLC
Certified Public Accountants
1950 North Park Place SE
Suite 150
Atlanta, GA 30339-2097

678-366-9232

Part 1 of 2 - What to Do During an IRS Audit – The Do’s and Don’ts

It's Never Too Late -
Call NOW
678-366-9232

An IRS audit can be stressful. Consider this article a bit of IRS assistance, a bit of wisdom to help you out if your business is experiencing an audit. There is a lot of complexity when it comes to laws and polices relating to an IRS audit, and most business owners frankly are just too busy to go out and understand them all while still running a business trying to make an honest buck. If you find yourself in that camp, you may want to just skip this article and go hire some IRS representation right now. It will save you a lot of time and headache, a good place to call is GBC Atlanta Income Services if you are finding yourself in the midst of an IRS audit and you just do not have the time to take care of it all by yourself. With that said, let us get into what you SHOULD do and what you SHOULD NOT do when you are running into some possible IRS trouble!

• All employees should be instructed not to talk to the IRS agent if the audit takes place at your place of business.
• 10 Days prior to the interview with the agent send him or her a formal letter stating you will be recording an audio of the interview. A special note to avid camera people, videos are not allowed.
• If the IRS audit brings up things you do not have the knowledge of, immediately seek out a CPA (certified public accountant) or attorney.
• Only give files to an IRS agent that is actually related to the IRS inquiry. By volunteering files or records, you may open up a whole new can of worms you would rather not have to deal with.
• Get a thorough understanding of your tax returns and then organize the files that support the items questioned by the IRS audit.
• Before the examination, come up with various settlements that you are comfortable accepting so you have backup plans to work with incase of any lingering IRS trouble.
• Do not be afraid to seek out good IRS representation, as this can save you a lot of time and money.

Use these tips to fit your own business accordingly. It should be noted that there are a few penalties that can be transpired against your business depending on the outcome of the IRS audit. Some of these are pretty brutal. Because of these penalties, it is imperative you either understand what you are doing thoroughly or hire good IRS representation that does understand what they are doing.

Next month we will cover some of the penalties you will face due to an IRS audit.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!
--------------------------------------------------

READ MORE

• GBC Tax Offer Atlanta Experienced IRS Representation
• Essential Financial Services
• Tax Requirements By State
• Visit the Internal Revenue Service's Website
• Why Hire a CPA Listed with the BBB

Part 2 of 2 - Why Having Proper Tax Records Now Will Save You Big on an IRS Audit Later

FILE EVERYTHING -
RIGHT AWAY!

Remember: Keep your tax records straight! Make sure everything is filed away right! For people who are reading this and are the proud owners of messy offices and come equipped with office paper with a little bit of desk underneath, this simple task may seem overwhelming large for you right now. The keyword of course is- right now.

How to avoid any IRS trouble: Maintain at least three years worth of tax returns and records

• Make sure all taxable investments or property have their cost basis tracked.
• Put all your bills in organized folders (which are in turn organized so you can easily find them, i.e. not laying on your desk gathering dust for months being swallowed up by other paper work)
• Categorize all of your receipts from purchases throughout the year.
• Maintain a ledger for all checkbook stubs
• Use a journal to keep track of all deductible items that you attain as you attain them. (Beats trying to remember what you had that was deductible at the end of the year!)

All of these will become your battalion of defense in an IRS audit. This IRS assistance is some of the most powerful and easiest things you can do right now to avoid any IRS trouble. With all of that being said, hiring good IRS representation is still a great idea even if you are already doing this. Dealing with an IRS audit has a lot of complexity, which most of that complexity is wrapped up in various law and bureaucratic policies that can get you in IRS trouble if you overlook it. No worries though, there are fantastic IRS representation services out there that you can use right now to take your mind off the whole situation.

One of the best IRS representation services out there to help you wade through an IRS audit is GBC Atlanta Tax Income Services, give them a call right now and prevent anymore grey hairs from forming on your head.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!
--------------------------------------------------

READ MORE

• Atlanta Income Tax Preparation Services
• Tax Requirements By State
• Commonly Used Tax Forms
• GBC Support and Consultation

GBC Tax and Payroll Service Form Archive - Your One Stop Resource for State and Federal Forms and Documentation

Payroll Services of Atlanta

GBC Income Tax and Payroll Services of Atlanta, we are committed to providing you with timely information to help you manage your business, your workforce and your cash flow. We  have created a list of common forms for download, as well as, links to helpful websites.

Please follow this link to our form tax form archive.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

Here's a small sampling:

• IRS Withholding Calculator
• Tax Requirements By State
• W4 form

--------------------------------------------------

READ MORE

• GBC Tax Offer Atlanta Experienced IRS Representation
• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services
• Visit the Internal Revenue Service's Website

Signs That Your Income Tax Preparer is Bad News : No Proof of Credentials

Bad Tax Preparer:
No Proof of Credentials

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 6

Thanks for Business, But Don't Talk About Me...

All tax preparers will have a Preparer Tax Identification Number, this PTIN is given by the IRS. You are not only allowed to see this, but you should ask for it before you have anyone new doing your taxes. Get a copy of this number, as it can help you in case of any fraudulent behavior.

Do not get scammed, follow the above “rules of thumb” and avoid any IRS trouble altogether. If you are looking for a good, high quality tax preparer for your Atlanta Georgia taxes, then you have come to the right place.

GBC Tax Services founder is Ghassan R. Ghraizi, CPA, CGMA.  
Read more about Ghassan R. Ghraizi here. Ghassan is a Certified Public Accountant, Certified Chartered Global Management Accountant, Atlanta BBB Member.  

Read Warning Sign 1: Asking You to Lie About How Giving You Are
Read Warning Sign 2: They Look Like They're Officeless...
Read Warning Sign 3: Not Asking For Documentation
Read Warning Sign 4: Lies About Tax Breaks
Read Warning Sign 5: History of Bad Behavior

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Read about CGMA - Why It Matters
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services

Signs That Your Income Tax Preparer is Bad News : History of Bad Behavior

Bad Tax Preparer:
History of Badness

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 5

History of Badness

It is easy to check out a tax preparer before using them. In this digital age, you can almost do a google search about any serious professional and find them online, and along with their customers that had used them in the past.

For old school background checks, you can check out the state's board of accountancy if you are using a Certified Public Accountant (CPA).

Visit our BBB profile here. GBC Income Tax Services is a proud member of the Atlanta Better Business Bureau, is an accredited BBB member with an A Rating.  


Read Warning Sign 1: Asking You to Lie About How Giving You Are
Read Warning Sign 2: They Look Like They're Officeless...
Read Warning Sign 3: Not Asking For Documentation
Read Warning Sign 4: Lies About Tax Breaks

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• GBC Tax Offer Atlanta Experienced IRS Representation
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 

Do you need to meet with your tax representation prior to being audited by the IRS?

Having excellent experienced tax 
representation is extremely
 important and invaluable
during an audit by the IRS.

People who acquire tax representation for their tax audits, often wonder whether or not they need to meet with their actual tax representative.

The good news is that if your time is extremely valuable and you hire tax representation to represent you to the IRS, you usually do not need to meet up with them at all. 

Through the Power of Attorney (form 2848), your tax representative can handle all the dealings with the IRS on their own. This includes even being able to sign final agreements with them after the tax audit of your business is complete.

Download Form 2848

One thing to note is that tax representation can be extremely useful for people who are incredibly busy, however there is a caveat that needs to be talked about. The IRS can still force you to appear by using what is called an “administrative summons”. This administrative summons is most often used if your IRS representative is not cooperating with the IRS and sharing all the details they are looking for. Often this happens too if they are expecting or have suspicions of some sort of fraudulent behavior with your filing.

In this case, having very good tax representation is extremely important and invaluable. They can help you save yourself from possible pending criminal charges which the IRS take extremely serious. If you do know you filed wrongly, or inaccurately, you should hire help right away to help you correct the mistake.

Often people in this situation succumb to:

• Fabricating receipts
• Fabricating records to support invalid deductions
• Lie to the examiner about income or other items

High quality tax representation whether you are in Atlanta, Georgia or anywhere else is money well spent and is often worth its weight in gold (solid gold).

Typically, it is very difficult for the IRS to prove underlying tax evasion. Doing any of the above three things though is what on average leads to the taxpayers ultimate downfall. Honesty truly is the best policy. Regardless, having a good tax representative who is well versed in criminal cases or potentially criminal cases could end up saving you from the wrath of the IRS.

GBC Income Tax Services is a proud member of the Atlanta Better Business Bureau, is an accredited BBB member with an A Rating.  
Visit our BBB profile here.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Payroll Taxes for Your Small Business
• Contact GBC Income Tax Services Today! 
• GBC Tax Offer Atlanta Experienced IRS Representation
• Why Hire a CPA Listed with the BBB

Signs That Your Income Tax Preparer is Bad News : Lies About Tax Breaks

Bad Tax Preparer:
Lies About Tax Breaks

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 4

The Big Lie About the Ethnic Tax Breaks...

Anyone that tells you that you get a tax break based off your race or religion, is an idiot or a scammer. Since even idiots know we are all taxed more or less the same, you can bet that this person is a scammer and you need to stay away from this person.

For example in the last 10 years or so, there has been a scam running targeting African Americans stating they get tax breaks due to slave era reparations. This is just absolutely false, and if you get sold some of this snake oil, you know it is time to run away before you get hurt and lose some serious money.

GBC Income Tax Services is honest and upfront about your income tax.   
Read more about GBC Income Tax Services here. We provide Atlanta expert income tax filing services for individuals and small businesses, including partnerships, single member LLCs, and corporations (C and S Corps).

Read Warning Sign 1: Asking You to Lie About How Giving You Are
Read Warning Sign 2: They Look Like They're Officeless...
Read Warning Sign 3: Not Asking For Documentation

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Visit the Internal Revenue Service's Website
• GBC Tax Offer Atlanta Experienced IRS Representation
• Contact GBC Income Tax Services Today! 

Atlanta Payroll Tax Problems with the IRS? No Worries. We Got You Covered.

Haste makes waste

If you are in Atlanta and are having payroll tax problems with the IRS, fear not anymore. There is indeed a solution. There is a few things you should know about payroll taxes though, crucial knowledge that could help you avoid legitimate problems with the IRS as long as these rules of thumbs are followed and guidelines applied.

First things you need to know before getting Atlanta IRS representation is what to hold back from every employee's paycheck:

• Federal (and if applicable state) income taxes
• FICA contributions (for such programs as Social Security and Medicare) 
• READ MORE ABOUT FICA  

Knowing that going in, it will be a whole lot easier to help you out of your Atlanta IRS based problems should you ever need professional audit help.

Other important notes for an employer to know to help them with their Atlanta payroll tax problems:

• How much income tax to withhold depends on the numbers of exemptions claimed by the employee.
• FICA contributions from a percentage of gross earnings earned by the actual employee in which you must either match to a certain percentage, or fully.
• Use a federal tax deposit form with your payment (makes things way easier)

Along with these, there are also a couple things you must make sure you always send to the IRS. If you do not send these to the IRS, then you may indeed find yourself needing Atlanta IRS representation.  The Atlanta IRS requires this information by federal law, so it is best to make sure you send it over:

• Form 941 Employer's Quarterly Federal Tax Return. Form is filed every 3 months whilst your business maintains employees. This report shows the employees' federal income tax and FICA withheld for the previous quarter.
  Download Form 941
• Form 940 Employer's Annual Federal Unemployment Tax Return or FUTA. Filed once a year, and is used to calculate federal unemployment tax. It is important to note that the FUTA tax is paid by the actual business and is not withed from the employee's check.
  Download Form 940

If you find yourself failing in this area of Atlanta IRS representation for your business, do not fret. The Atlanta IRS has reported that the vast majority of businesses are often late, or mess up, their taxes. While the Atlanta IRS considers payroll taxes the most serious of all the tax debts, often they will be willing to work with you as long as you pick the correct Atlanta IRS representation.  

Be careful with payroll taxes, as Atlanta IRS collectors can be extremely tenacious if you owe any payroll taxes whatsoever. 

If you do find yourself in trouble, give GBC Tax a call today to help with your Atlanta IRS representation, the sooner the call the sooner your payroll tax problems can be fixed.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Payroll Taxes and Your Business
• Helpful Payroll Related Articles
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 

Signs That Your Income Tax Preparer is Bad News : Not Asking For Documentation

Bad Tax Preparer:
Not Asking for Documentation

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 3

No Questions Asked = Bad Taxes

If your Atlanta Georgia income tax preparer is not asking for:

• Thorough financial records
• Without looking at all your info
• They avoid lots of documentation
• Asks to e-file your return with your last pay stub before you receive your Form W-2.

Some things that LEGITIMATE tax preparers will ask for:

• W2
• Annual reports dealing with your investments and assets
• The pay stubs from your job, along with a few additional employment info
• Children's Social Security numbers (if applicable)
• Child custody proof in order to claim dependents

This could be some big red flags for a scam.  Run the other way fast...

Run to GBC Tax Service.

Read Warning Sign 1: Asking You to Lie About How Giving You Are
Read Warning Sign 2: They Look Like They're Officeless...

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services
• Visit the Internal Revenue Service's Website

Advice On Dealing With The IRS from eHow's Money Section

Read Notices from the IRS
Immediately and Thoroughly

IRS problems are extremely unsettling. While you are likely to feel panicked and overwhelmed, following the steps below will assist in solving your tax issues in a timely fashion.

Do not let a notice from the IRS sit around without taking action. 

The notice will contain a payoff date for any liability noted. A timely resolution to your problems is crucial to minimize the effect of penalties and interest on this and any money you owe.

• Read the IRS notice several times. The notice will be difficult to fully understand if you read it only once. 
• Make notes on what the IRS is asking for, including the tax year the notice...

READ MORE : How to Solve IRS Tax Problems | eHow.com 

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• About GBC Services
• Commonly Used Tax Forms
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 

Signs That Your Income Tax Preparer is Bad News : No Storefront

Bad Tax Preparer:
No Storefront

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 2

They Look Like They're Officeless...

When I mean officeless, I mean a Georgia tax preparer's office is in a sign less building and a empty storefront. Sad for the ethically moral startup (or the skillfully incompetent but good hearted preparer) anyone who cannot generate enough business to invest in at least some nice branding probably should be avoided.

Would you really trust someone in a rotting can of an office with your most precious financial records? And to top it off you are trusting this person to give you good financial advice? Probably not the best of choices to get your Atlanta Georgia taxes done by.

Read Warning Sign 1: Asking You to Lie About How Giving You Are

GBC Income Tax Services is locate in Atlanta at 1950 North Park Place SE, Suite 150, Atlanta, GA 30339-2097.  Stop by today and let use help your with you State and Federal tax needs or any IRS Representation.
Read more about GBC Income Tax Services here.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• GBC Tax Offer Atlanta Experienced IRS Representation
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services

Signs That Your Income Tax Preparer is Bad News : Asking You to Lie

If you are searching for a high quality Atlanta Georgia income tax preparer, there is a few things you should watch out for. The IRS can be totally unforgiving if you fail to deliver the taxes to the tax man, and they can be even more brutal if they find you are misfiling or exaggerating your claims.

With that all said, let us look at the 6 things to AVOID when it comes to your Atlanta Georgia income tax preparer. 

Of course, some of these just go without saying and should be common sense. However, it is known that common sense often is not very common at all, so this series will talk about these warning signs for you to avoid.

Bad Tax Preparer:
Asking You to Lie

Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:

WARNING SIGN 1

Asking You to Lie About How Giving You Are:

Whenever a tax preparer tells you to inflate your claimed charitable donations, this person may be inflating (lying) about what you should and can do with your tax preparations. Most of the time, these kind of tax preparers are really trying to get you the most money possible because they get a percentage of the tax refund. So it makes sense that they would want to get as much of it as possible, right?

Steer clear of these folks. Lying about your charitable donations one is just wrong, and two it can get you into some stupid serious trouble with the Atlanta IRS (or ANY IRS!)

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• GBC Tax Offer Atlanta Experienced IRS Representation
• Visit the Internal Revenue Service's Website
• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services

GBC Services Offering Low Cost, Affordable Payroll Services with HRMS

Valuable, expertise
Payroll services

In response to demand for increased technology solutions from its clients, GBC Services LLC announces that it has chosen to extend its Payroll and HRMS offerings.

GBC will be offering an all-inclusive, affordable package that will now include web-based HRMS, Employee and Manager Self Service, Timesheet Reporting and Approval—all combined with superior outsourced Payroll and Tax services.

GBC Payroll and Human Resources can extend its reach and value into clients’ operations and processes.

“We offer  high touch with our clients and a technology platform organizations that need more than a basic payroll service bureau,” explains Ghassan Ghraizi, president and one of the founding members of GBC Services. “Our clients expect a lot from us and we believe by adding the high-end HRMS technologies we can take our service to yet another level.”

GBC Services of Atlanta offers valuable expertise to companies of all sizes that seek to outsource their Payroll services to a company with a great reputation and excellent service record.” GBC Services’ knowledge and experience, coupled with their solid and robust HRIS / PR technology, can provide a small or mid-size company with an affordable, superior product, normally only available to the larger enterprises.

GBC Services is a committed Payroll Services company with lots of experience that serve small to midsize Southeast businesses very well.

GBC Services is now offering their all inclusive, low-cost single priced package under the product name of “GBC Professional Level Payroll and Human Resource Management System”.

• Flexible and Convenient Payroll Services Options
• Download Commonly Used Tax Forms 
• Convenient Human Resource Management Solutions 

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

--------------------------------------------------

READ MORE

• Contact GBC Income Tax Services Today! 
• Atlanta Income Tax Preparation Services
• Visit the Internal Revenue Service's Website

Payroll Taxes and Your Business

Many small businesses fall behind
in paying taxes at some
point during their existence.

Payroll taxes are all taxes that are collected, by federal, state, and local governments, based on salaries and wages paid to employees. These taxes must be withheld from wages by all businesses that have employees. These taxes are remitted on a monthly or semi-weekly basis, depending on the quantity owed. Businesses are also required to make regularly scheduled reports to the Internal Revenue Service (IRS) and to state and local taxing agencies about the amount of taxes owed and paid. Businesses are not required to withhold payroll taxes on wages paid to independent contractors. Self-employed persons are responsible for paying their own payroll or income taxes directly to the appropriate taxing entity.

Many small businesses fall behind in paying these taxes or filing the associated reports at some time during their existence. Such an error is, however, very costly because significant interest and penalties apply for late payment or nonpayment of payroll taxes. In fact, the Trust Fund Recovery Penalty allows the IRS to hold a small business owner or accountant personally liable for 100 percent of the amount owed, even in cases where the business has gone bankrupt.

READ MORE from Inc.com
Inc.com
Business Taxes 
Tax Withholding 
Electronic Tax Filing
Tax Preparation Software

Purchasing QuickBooks
products through
GBC, will qualify for an
significant discount.

GBC Offers Quickbooks Support

We offer QuickBooks support and consulting at various levels for clients who want to use QuickBooks. We start by assisting clients in determining the QuickBooks edition that serves their financial recordkeeping and operations best.

Purchasing QuickBooks through GBC Services, clients can realize discounts of up to 50%.

READ MORE AT GBC