Vehicle Section 1031 Exchanges vs. Qualified Opportunity Zone Funds When it comes to real estate investing, 1031 Exchanges and Qualified Opportunity Zone Funds (QOZF) are two attractive options. Both programs help investors trade assets while deferring taxable profits by reinvesting gains from selling one property into buying another. Although both 1031 Exchanges vs. Qualified Opportunity Zone (QOZ) Funds look similar, you must know some […] Written by G&S Accountancy January 30, 2023January 30, 2023
Vehicle New Lease Accounting Standard After a delay of many years, the new lease standard (FASB ASC Topic 842) finally became effective in 2022. The system seeks to ensure more transparency in financial statements for all organizations – from government organizations to public companies and private non-profit firms. The annual reporting period of this starts on or after January 1, […] Written by G&S Accountancy January 30, 2023January 30, 2023
Life Style Four Reasons Why People Trust G&S Accountancy Inc. Small business owners need professional accounting services to conduct their business smoothly. Professional accounting services can help simplify complex accounting procedures. Thus, small businesses need help from the professionals like G&S Accountancy Inc. G&S Accountancy Inc. is a prominent name among the leading accounting firms that can help small businesses and non-profit organizations with complex […] Written by G&S Accountancy January 2, 2023January 2, 2023
