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IRS Lacks Statutory Authority To Assess Penalties For Failure to File Form 5471
Occasionally, a tax news alert hits your inbox that causes you to pause, read it again, and say, “That cannot be right.” The U.S. Tax Court decision in the Farhy v. Commissioner case is the latest example. The U.S. Tax Court ruled that the Internal Revenue Service (IRS) lacked statutory authority to assess penalties imposed under Section 6038(b)(1) or (2) […]OUR POV
Overview Of Discontinued Operations Reporting
Traditional business models in many sectors have been disrupted by the COVID-19 pandemic, geopolitical uncertainty, rising costs and falling consumer confidence. If your company is planning a major strategic shift this year, management may need to comply with the updated accounting rules for reporting discontinued operations that went into effect in 2015. Discontinued operations typically don’t happen every year, so […]OUR POV
Keep Thieves From Stealing From Your Nonprofit Youth Sports League
A few years ago, the popular and well-compensated executive director of a west coast youth soccer league was accused of fraud. After scrutinizing the club’s books, the league’s board of directors couldn’t account for $80,000. Criminal charges were eventually dropped, but many similar cases have concluded in embezzlement findings and significant losses. According to The Washington Post, youth sports has become […]OUR POV
We believe personal
is better than big.
Unlike the big firms, our CPAs and Advisors focus on what's next to keep your business moving forward. Widely recognized for our workplace culture where diversity is valued and celebrated, we are pleased to empower growth of local businesses and the community through assurance, tax, and advisory services.Find an Expert
We had been using one of the Big Four and ended up going with GBQ. They understand our business, have a great team, and give us great advice.
CEO & Treasurer, Contract Lumber
GBQ has our vested interest at heart as they serve us; that’s a differentiator. They understand our business and are invested in our success.
President & CEO, Primary Financial Company
GBQ has empowered me by changing as my business and personal needs have changed. At GBQ, I know all of my needs will be met.
Founder, Owner, CEO, Together & Co. and Sweet Carrot
GBQ has so many different areas of expertise that there is always someone I can turn to that can answer my question.
CFO, SEA Limited
How Construction Businesses Can Master Their Revenue Projections
June 7, 2023
1:00 – 2:00 PM EDT
1:00 – 2:00 PM EDT
2023 CPO Spring Summit
June 8, 2023
10:00 – 11:00 AM
10:00 – 11:00 AM