The Thorn Group is a full-service CPA and accounting firm serving clients throughout Northwest Arkansas and the four state area for over 25 years. We are committed to providing our clients with professional business and personal accounting services tailored to their needs.
Contact our office today and speak with one of our experienced staff about how we can help your business with tax planning, IRS and state agency audit, tax return preparation, payroll, and bookkeeping services.Our online client portal will allow you to access your data wherever you want. Need financial documents, copies of your tax return, or payroll information?
Contact our office today and speak with one of our experienced staff about how we can help your business with tax planning, IRS and state agency audit, tax return preparation, payroll, and bookkeeping services.Our online client portal will allow you to access your data wherever you want. Need financial documents, copies of your tax return, or payroll information?
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NTA Blog: The IRS and Private Collection Agencies: Four Contracts Lapsed and Three New Ones Are in Place: What Does That Mean for Taxpayers?. The post NTA Blog: The IRS and Private Collection Agencies: Four Contra. Extension of Time to File Most taxpayers who requested an extension of time to file for their 2020 federal income.
The Thorn Group provides a wide range of services to individuals and businesses in a variety of industries. At The Thorn Group, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At The Thorn Group, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
At The Thorn Group, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
Our firm has been serving clients in the Northwest Arkansas and the four state area for more than 25 years. The Thorn Group is owned by Chris Thorn, CPA, CGMA, and his wife, Kim, who are native Arkansans and are dedicated to not only providing our clients with high-quality service but also supporting the local community.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
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