Looking to Grow Your Firm? Consider GROCO
There are hundreds of tax and accounting firms all over the country, including right here in the Bay Area. These firms come in all levels of size and expertise. At GROCO, we are always looking to grow our business and we know that many, if not all, companies are looking to do the same.
If you are looking to merge or sale your company, we invite you to consider GROCO as a partner. An ideal merger candidate for our company is a firm that has one to three partners, along with a small staff already in place. This firm should be primarily focused on tax work for very wealthy individuals, but it should also have at least one other area of expertise, including audit services, estate planning, business valuations or forensic accounting.
GROCO has a lot to offer existing tax and accounting firms, including those who may be looking to retire. We are one of the fastest growing companies in the region and we continue to earn many awards and recognitions for our quality and professional work.
If you would like to learn more about our company and what we stand for, then please visit our About Us page, or continue to research our website to see what drives us. You can also click here to learn more about the possibility of merging with us and you click here to contact us.
Loss on Sale of 1244 Stock
Have you considered a loss on sale of 1244 stock as a tax strategy? Ordinarily, a loss on a sale or exchange of stock is a capital loss. Capital loss treatment is generally less advantageous than ordinary deduction treatment because of the fact that a capital loss recognized by an individual is applied, first against…
Section 213 Medical, Dental, etc., Expenses
Section 213 Medical, Dental, etc., Expenses (a) Allowance of deduction There shall be allowed as a deduction the expenses paid during the taxable year, not compensated for by insurance or otherwise, for medical care of the taxpayer, his spouse, or a dependent, to the extent that such expenses exceed 7.5 percent of adjusted gross income.…
Prevent an IRS Audit, 10 Strategies
Prevent an IRS Audit, 10 Strategies Do you like to prevent an IRS audit, well, here are 10 strategies that might help avoid an agent making a visit to your home or office. I don’t know many people who like these experiences, but knowing strategies to prevent an unwanted visit could certainly save you from…
10 Strategies When Handling an IRS Audit
10 Strategies When Handling an IRS Audit The IRS is using new technology to process tax returns and conduct tax audits. As more people are submitting returns through Electronic Filing, the IRS efficiency in processing returns is improving. They also have more data in their system to identify tax returns with non-compliance issues. The IRS…