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SBA Paycheck Protection Program & Application

SBA lenders are now accepting applications for the Paycheck Protection Program, which provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

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Lower Business Values Strengthen the Case for Gifting

Despite the Coronavirus downturn, investors can realize potential tax saving opportunities through professional consultation and well-calculated estate planning strategies.

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IRS Provides RMD Relief for 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act waives all required minimum distributions for 2020, regardless of whether the taxpayer has been impacted by the pandemic.

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Do You Qualify for the QBI Deduction?

One of the most important changes from the Tax Cuts and Jobs Act (TCJA) is the new qualified business income (QBI) deduction for pass-through entities.  The TCJA allows a deduction up to 20% for qualified business income from partnerships, S corporations, or sole proprietorships.

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Competitive Benefits Help Retention and Recruitment

Employee recruiting and retention can be very competitive, with applicants able to compare compensation and benefits with a simple Google search.  Companies with above average benefits are often able to find and retain above average employees.

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Small Business Tax Scams to Watch Out for in 2020

The IRS blocked $2.7 billion in fraudulent tax refunds in 2019, including tax-related scams targeting small businesses involving identity theft and fraud. According to a BBB survey, 67% of participants believe they are more at risk of business scams than they were three years ago.

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Talent Shortage Threatens Construction Industry

For construction, it is becoming increasingly difficult to attract and retain qualified tradespeople, as other career opportunities promise higher wages, better benefits, safer environments and less physically demanding work than that of a construction worker.

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529 College Savings Plans for Estate Planning

Section 529 plans allow gifts to be made five years ahead all at once, allowing grandparents to gift up to $150,000 per grandchild at once for the next five years. These contributions allow a reduction in the contributor’s taxable estate without gift taxes, assuming no other gifts were made during that time.

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COVID-19 Resource Center

Gordon Advisors is here to offer guidance and keep you informed during the novel Coronavirus (COVID-19) Pandemic.

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COVID

Testimonials


“Many years of accurate, thorough, prompt service regardless of which employee or department.”


— President, Manufacturing. Gordon Client for over 30 years. —

“Always there for our family and our business. 100% trust from all partners. Service could not be better. ”


— CFO, Retail. Gordon Client for 18 years. —

“Easy to work with - professional and friendly!”


— Individual, Trust Accounting. Gordon Client for 7 years. —

“Excellent service and excellent advice.”


— Individual. Gordon Client for 11 years. —

“Friendly, trustworthy, knowledgeable, quality work, at a reasonable price. ”


— Individual. Gordon Client for 15 years. —

“I & our companies have worked with Gordon Advisors for many years and they have always been high quality.”


— Owner, Restaurant. Gordon Client for over 30 years. —

“We have been with your company for many years and still have a very good relationship. We are always given the best advice and receive total co-operation. ”


— Trust. Gordon Client for 8 years. —

“Gordon Advisor has always gone the extra step addressing my needs, answer my questions and making me feel special. Even though I'm not their biggest customer. ”


— Individual. Gordon Client for 17 years. —

“We have been working with Gordon Advisors for 20+ years. Wonderful people. ”


— Controller, Manufacturing. Gordon Client for 22 years. —

“As we are a charity, I would recommend their services to other charities as they are familiar with the needs of a charity. ”


— Executive Director, Not-For-Profit. Gordon Client for 14 years. —

“The staff are all highly capable, friendly and accessible. Gordon Advisors are a great resource to our organization and have always treated myself, the staff and my Board of Directors with the utmost respect. ”


— Executive Director, Not-For-Profit. Gordon Client for 12 years. —

“Excellent relationship with Gordon Advisors for the past 34 years. They do our yearly audit and are professional, caring and efficient. We are extremely happy with the work done for us, and the board votes every year to keep them as our auditors. ”


— Executive Director, Not-For-Profit. Gordon Client for over 30 years. —

“Over 20 years of service. They are friendly and professional. We've never been disappointed. ”


— CEO, Construction. Gordon Client for 20 years. —

“We always receive good service and value. A great friendship and understanding has been developed over the years. ”


— CFO, Manufacturing. Gordon Client for 18 years. —

“They have been very helpful and responsive, and have always met our needs. ”


— Manager, Hospitality. Gordon Client for 7 years. —

“The service provided is consistently delivered on a timely basis with value.”


— CFO, Medical Device Manufacturing. Gordon Client for 14 years. —

Contact Us

248.952.0200

248.952.0290

info@gordoncpa.com

1301 West Long Lake Road
Suite 200
Troy, MI 48098

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