Our Blogs

IFTA Audit Readiness: What California Carriers Need Before the Auditor Calls

An IFTA audit tests your trip records, fuel receipts, and MPG. A CPA and EA explains what California carriers must keep and how to get audit-ready.

Trucking & Logistics PTE Planning: 2026 Tax and Cash Flow

Trucking and logistics PTE planning should compare current-year tax effects, usable owner credits and the cash needed alongside payroll and operating costs.

Trucking & Logistics: California Tax Before a Texas Company

Trucking and logistics owners need a company-and-owner tax review before forming a Texas entity. Match the records and state rules to the actual business.

Unfiled Tax Returns? Start With the Facts, Not a Guess

Start with IRS records and your business facts. Understand the limits of the six-year policy, substitute returns and refund deadlines before choosing a filing plan.

Profitable But Broke: What to Do When Your Business Owes the IRS

Your P&L shows profit but the bank account is empty, and the IRS wants the tax. A CPA explains payment plans, Currently Not Collectible, and offers.

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

A trucking company that owes the IRS has two real options: Currently Not Collectible status or an installment agreement built around actual cash flow.

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

How a California trucking company answered an EDD worker-misclassification audit: the seven steps we use to rebuild the math and contest the penalty.

Paid an IRS Penalty in 2020–2023? You May Be Owed Money Back

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

One SBA 7(a) loan can fund trucks, working capital, refinancing and a buyout. Why growing carriers get declined, and how to get the file lender-ready.

Moving to Another State: Essential Tips for a Smooth Transition

Establishing residency elsewhere takes more than a driver's license. The domicile test, the 183-day rule, and the tax traps of a half-finished move.

Beat the 2025 Energy – Credit Cliff:

Federal energy credits for solar, electric fleets and charging stations run into hard deadlines. The dates that bind, and how to plan installs around them.

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

New QSBS rules lift the exclusion to $15M, but only for future shares in a qualifying structure. Holding periods, S corp limits, and planning windows.

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

Opportunity Zone rules are widening: deferral into 2028, access for smaller investors, and clearer maps. How reinvesting gains through a QOF works.

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

Accounts payable is where a review or audit stalls. The approval trail, documentation and separation of duties that make an attest engagement painless.

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

IFTA fuel-tax filing is where fleets lose audits. How G&S Accountancy turns mileage and fuel records into clean quarterly returns that hold up.

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

SBA, IBank, California Rebuilding Fund and CDFI options for wildfire-hit businesses, compared by amount and rate, plus what stalls an application.

ACA Compliance 2025: Employer Reporting & Penalty Guide

Past 50 full-time-equivalent employees, ACA reporting applies. What an applicable large employer must file, and the penalties for getting it wrong.

When to Get a Business Financial Review for Your Company

Six situations that call for a SSARS review: new investors, bank or SBA financing, licensing and bonding rules, and getting ready for a future audit.

How Reviewed Financials Help You Negotiate Better Loan Terms

Reviewed statements tell a bank the numbers were tested. How the assurance level moves your rate, your credit limit and your covenants in underwriting.

The Role of Independence in CPA Reviewed Financial Statements

Independence in fact and in appearance is what gives a CPA review its weight. The self-review, advocacy and familiarity threats that can destroy it.

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

Disaster relief moved LA County deadlines but does not stop interest on what you already owed. How the IRS and the FTB treat pre-existing balances.