Our Blogs

We Read Trucking Tax Debt Differently: How a Trucking Company Gets the IRS to Slow Down — or Stop

A trucking company owes the IRS and can't pay. The win isn't "hardship" — it's cash flow. Here's how we map truck loans, fuel, insurance, and factoring, prove it on Form 433-B, and position a carrier for an affordable installment agreement or Currently Not Collectible (the IRS stops collection).

The $114K Hiding in an EDD Penalty Bill: How We Fight a Trucking Misclassification Audit

When Banks Say No: How Growing Trucking Companies Get SBA-Funded in 2026

Growing trucking companies keep getting declined by banks, usually over packaging, not the business. Here's how the right SBA loan funds expansion in 2026, and what it takes to get approved.

Moving to Another State: Essential Tips for a Smooth Transition

Moving to another state is both exciting and challenging. Whether you're relocating for work, family, or a fresh start, having a solid plan is essential. This guide provides key tips and a comprehensi

Beat the 2025 Energy – Credit Cliff:

Tax Planning Moves You Need by October In today’s high-cost, high-pressure environment, every dollar matters, especially when it comes to energy investments. But what most business owners don’t realiz

QSBS 2.0: Can You Still Exclude $15M from Capital Gains?

Is there still time to save up to $15M in capital gains tax? If you’re a founder, early-stage investor, or even just mapping out a possible exit in the next 3–5 years, you’ve likely heard whispers abo

How to Save on Capital Gains Tax with Opportunity Zones (2025 Update)

Selling real estate, stocks, or a business for a profit is a financial win—until the capital gains tax hits. In high-tax states like California, capital gains tax can reach up to 37% when you combine

Prepare for Future Attest Engagements- How G\&S Helps You Build a Strong AP System

Introduction – Attest Readiness Starts with AP When it comes to preparing for a review or audit, the accounts payable (AP) process is often the weakest link. Invoices go missing. Approvals are verbal.

Fuel-Tax Audits Don’t Have to Derail Your Fleet: How G&S Accountancy Simplifies IFTA

Struggling with IFTA compliance or fearing an audit? G&S Accountancy turns your paperwork chaos into clean, compliant filings—without the stress. Mike’s a hard-working owner‑operator based in Californ

Wildfire Recovery Funds: Rebuild, Re‑tool, and Thrive After Disaster

The Opportunity When the January 2025 Palisades and Eaton fires forced tourists indoors and choked Los Angeles commerce, local businesses were left holding inventory, payroll, and high‑interest debt.

ACA Compliance 2025: Employer Reporting & Penalty Guide

Surpassing 50 FTEs? Your 2025 ACA Compliance Playbook When your average full‑time and full‑time‑equivalent headcount tops 50 , the IRS instantly classifies you as an Applicable Large Employer (ALE) —a

When to Get a Business Financial Review for Your Company

Is It Time for a Business Financial Review? Here’s What You Need to Know Whether you run an LLC, S-corporation , C-corporation , partnership, or nonprofit , your stakeholders must trust the numbers yo

How Reviewed Financials Help You Negotiate Better Loan Terms

Use Reviewed Financials to Negotiate Better Lending Terms — Here’s How You Do It If you’re aiming to fuel growth—whether by stocking inventory, purchasing new equipment, or funding a strategic expansi

The Role of Independence in CPA Reviewed Financial Statements

Why Independence Should Matter to You in CPA Reviewed Financial Statements When you request CPA reviewed financial statements, you’re not merely checking a compliance box—you’re securing third-party v

Disaster Tax Relief Explained: What You Need to Know After the LA Wildfires

Disaster Tax Relief: Your Guide to Minimizing Penalties and Interest After a Catastrophe If you’re dealing with the aftermath of a natural disaster —like the wildfires that struck Los Angeles County o

Master Your Financial Statement Review: 6 Mistakes to Watch For

Financial Statement Review Problems? Here’s How to Avoid the Most Common Ones A well-executed financial statement review provides you and your stakeholders with limited assurance that your financial n

Reviewed Financial Statement Disclosures and Footnotes

Financial Statement Disclosures: Why Footnotes Matter in a Review? When you hear the phrase “financial statement disclosures,” you might think it only applies to large corporations with thick, detaile

Inside G&S Accountancy CPA Process

What Happens During a Review? Inside Our CPA Process If you’re new to financial statement engagements, you might picture a mysterious process with numbers, spreadsheets, and a flurry of forms. However

How Limited Assurance Boosts Stakeholder Confidence

The Role of Limited Assurance: How a Review Boosts Stakeholder Confidence If you’re aiming to build trust in your company’s financial health—without diving into the time and costs of a full audit —you

How to Strengthen Internal Controls with a CPA Review

Are Your Internal Controls Holding You Back? When you hear the term internal controls , you might picture a large corporate finance team poring over detailed checklists and formal policies. However, i

Why Reviewed Financial Statements Drive Business Growth?

Reviewed Financial Statements: Your Strategic Edge for Growth For businesses on the cusp of significant growth—whether it’s raising capital, securing larger lines of credit, or exploring mergers—finan