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.
Sec179 Businessequipment
Updated: 11/12/10 Most new business equipment can be either depreciated over its useful life or expensed immediately under Internal Revenue Code Section 179. The maximum deduction is based on the following schedule for the date in which the tax year begins. Each 1040, whether Single or Joint, is limited to one maximum. 179 expenses passed…
Sec1244 Small Business Stock Sales
Sec1244 Small Business Stock Sales Section 1244 of the Internal Revenue Code, the small business stock provision, was enacted to allow shareholders of domestic small business corporations to deduct as ordinary losses, losses sustained when they dispose of their small business stock. In order to receive this beneficial treatment, the Code prescribes specific requirements for:…
Section 1202: Small Business Stock Gain Exclusion
What is Section 1202 Stock? In December 2015, the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) was passed by Congress and signed into law by President Barack Obama. The PATH Act made several tax breaks permanent, including the Small Business Stock Gains Exclusion (Section 1202). The new law makes permanent the exclusion…
Section 1202: Small Business Stock Gain Exclusion
Section 1202: Small Business Stock Gain Exclusion Updated: 01/16/2016 In December 2015, the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) was passed by Congress and signed into law by President Barack Obama. The PATH Act made several tax breaks permanent, including the Small Business Stock Gains Exclusion (Section 1202). The new law…