G.A. Record PLLC

Running your own business or juggling a side hustle? Don't let tax season catch you off guard! Swipe through for some key strategies to maximize your savings and keep more of your hard-earned money.

Need help navigating your taxes? Contact our team today to make sure you're taking advantage of every possible deduction!

Today is all about jokes and surprises, but some pranks really don’t go as planned! Here are a few that took things a little too far:

🔥 In 1980, a Massachusetts news station reported a nearby hill was spewing lava. The panic led to hundreds of emergency calls — and the producer losing his job.

🗳️ In 1992, a man claiming to be Richard Nixon announced he was running for president. Outrage spread before people realized it wasn’t actually Nixon.

📧 In 2016, Gmail added a temporary “Mic Drop” button that sent a Minion GIF — but its placement led to accidental use in serious emails, causing major mishaps.

This April Fool’s Day, may your pranks be lighthearted and your laughter be plenty —no emergency calls required!

As a business owner, it's important that you classify workers correctly as either employees or independent contractors because misclassifying them could trigger an IRS audit. If you treat workers as independent contractors but the IRS considers them to be employees, the tax agency may impose back taxes, interest and penalties. If you're looking for personalized, in-depth tax assistance when classifying workers, you've come to the right place. Contact us today at (336) 841-4797 to set up your first consultation.

Yep, it's true. While standard deductions may provide welcome tax breaks, there are a few scenarios where you may not be qualified to take it. Some examples include: if you are married filing separately and your partner chooses to itemize and then you must also itemize; you are filing a return as a trust, estate, or partnership; your returns cover a period less than a year due to accounting changes; or you are considered a ‘nonresident alien’ or ‘dual-status alien’ in the US. These can be tricky to work out on your own. Fortunately, we are just a call away – (336) 841-4797! Contact us for tax help today.📝