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Tax Preparation Services

Ashtabula, OH

Additional Information

GMP is an accounting firm offering tax services, bookkeeping, client accounting and advisory services, CFO advisory, and bankruptcy trustee services. The firm was established in 1982 and serves business clients with financial planning and compliance support.

CPACertified Insolvency and Restructuring Advisor (CIRA)

Specializes in

Oil & Gas AccountingFinancial planningCash flow managementTax complianceInsolvency and restructuring

Services

Tax ServicesClient Accounting & Advisory ServicesCFO AdvisoryBankruptcy Services for TrusteesBookkeepingPayrollLitigation support

Established 1982 · Serving Tyler, East Texas

Additional information extracted from the firm's public website. Last updated: August 8, 2026

Contact Information

Phone: (440) 992-8091

Website: gmpcpa.com

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Frequently Asked Questions

How much does a bookkeeper cost in Ashtabula?

Freelance bookkeepers: $25–$50/hour. Professional bookkeeping firms: $40–$80/hour. Monthly packages for small businesses: $300–$800/month depending on transaction volume. Payroll add-on: $50–$150/month. Year-end prep: $500–$1,500 one-time. Always ask what's included.

What's the difference between a bookkeeper and an accountant?

Bookkeepers handle daily financial records: data entry, reconciliation, invoicing, payroll. Accountants provide higher-level services: tax strategy, financial statements, CRA audits, business advice. Most small businesses need a bookkeeper year-round and an accountant for tax season.

When should I hire a bookkeeper?

Hire a bookkeeper when: you're spending 5+ hours/month on books, you've missed a tax deadline, your records are behind, you're hiring employees (payroll), or your business revenue exceeds $50K. The cost of a bookkeeper is almost always less than the cost of mistakes.

Do bookkeepers need certification?

No certification is legally required, but look for CPB (Certified Professional Bookkeeper) from the Canadian Institute of Bookkeeping, or QuickBooks ProAdvisor / Xero Certified. These demonstrate training and competency. Always ask about their experience with businesses like yours.

Can a bookkeeper do my taxes?

Bookkeepers can prepare and file simple tax returns (T1, T2, HST/GST). For complex tax situations — corporate restructuring, tax planning, CRA audits, international tax — you need a CPA. Many bookkeepers partner with accountants and can coordinate your year-end seamlessly.