214-997-3872
Tax · Bookkeeping · Trust Accounting

Tax preparation and accounting for individuals, businesses, and trusts.

GHL Financial Services prepares individual tax returns, supports business tax and bookkeeping needs, and maintains a specialty practice for trust tax and records.

GHL works from your records.Returns are prepared from organized records, and GHL asks for anything missing before preparation starts.
One team does the books and the return.GHL can keep a business's books, handle its payroll records, and prepare its return.
Trust returns are a specialty.GHL prepares Form 1041 returns and keeps trust books and distribution records, following the trust document.

Services

How we can help.

GHL serves individuals, businesses, and trusts, from the tax return to the books and records behind it.

  • Tax Preparation

    Who it’s for
    Individuals, families, and business owners filing personal, business, or partnership returns.
    What GHL handles
    Personal, business, and partnership tax returns, prepared from organized records.
    More details about Tax Preparation 
  • Tax Planning

    Who it’s for
    Business owners with changing income, and individuals with K-1s, investments, or multi-state questions.
    What GHL handles
    Planning ahead of filing deadlines and the decisions that shape the return.
    More details about Tax Planning 
  • Bookkeeping

    Who it’s for
    LLCs, corporations, partnerships, and sole proprietors that need monthly books.
    What GHL handles
    Organized monthly business records and financial reporting.
    More details about Bookkeeping 
  • GHL specialty

    Trust Bookkeeping

    Who it’s for
    Trustees who need the trust's books, distributions, and records kept through the year.
    What GHL handles
    Trust bookkeeping, distribution records, and trustee reporting, with the Form 1041 prepared from those books.
    More details about Trust Bookkeeping 
  • GHL specialty

    Trust Tax Preparation

    Who it’s for
    Trustees filing an annual Form 1041, including trusts issuing Schedule K-1s to beneficiaries.
    What GHL handles
    The Form 1041 and a Schedule K-1 for each beneficiary who received a distribution, prepared from the trust's books.
    More details about Trust Tax Preparation 

Tax Services

Tax returns we prepare.

GHL prepares personal, corporate, partnership, and trust returns. Each engagement is matched to the records, reporting, and filing requirements for that return type.

  • Personal returns

    Form 1040

    For individuals and families — a straightforward filing, or one carrying investment income, rental property, K-1s, or income in more than one state.

    • Federal and state returns
    • W-2, self-employment, and retirement income
    • Quarterly estimates and prior-year review
    Records to gather
  • Business returns

    Form 1120 · Form 1120-S

    For owner-operated C and S corporations, where the return and what the owner reports personally have to agree with each other.

    • Shareholder K-1s
    • Officer compensation review
    • Depreciation and book-to-tax adjustments
    Records to gather
  • Partnership returns

    Form 1065

    For partnerships and multi-member LLCs, where the allocations and the capital accounts are settled before anything is filed.

    • A K-1 for every partner
    • Partner capital account reporting
    • Guaranteed payments and allocations
    Records to gather
  • Trust returns

    Form 1041

    For trustees and fiduciaries reporting what the trust earned, what it deducted, and what reached the beneficiaries.

    • Beneficiary Schedule K-1s
    • Distribution deduction calculations
    • Trust accounting coordination
    Records to gather

Tax return preparation checklist What to gather for each return, and how to send it.

Bookkeeping Services

Reliable books for better business decisions — and an easier tax season.

GHL provides ongoing bookkeeping for businesses that want accurate records, useful monthly financials, and fewer surprises at filing time.

Designed for ongoing business bookkeeping

This is a separate service for business clients. Personal tax preparation does not require bookkeeping.

Discuss bookkeeping

What’s included

Monthly bookkeeping, clearly defined.

  • Transaction reviewBusiness income and expenses categorized to the appropriate accounts.
  • Account reconciliationBank and credit-card balances matched to supporting statements.
  • Financial statementsMonthly profit and loss and balance-sheet reporting.
  • Payroll coordinationPayroll entries recorded and tied to the business books.
  • Books reviewUnusual balances, missing information, and open questions identified.
  • Tax-ready handoffYear-end records organized for business tax preparation.

Monthly reporting

  • Profit and loss statement
  • Balance sheet
  • Reconciliation status
  • Follow-up items

Trust Services

How a trust year moves

  1. Trust activity
  2. Books and categorized records
  3. Distributions and supporting documentation
  4. Form 1041 and beneficiary reporting
  5. Trustee-ready annual records

Trust records that a trustee can hand over.

Form 1041 preparation, trust bookkeeping, distribution records and trustee reporting — kept in one place so the filing and the annual records come from the same set of books.

How an engagement runs

Work moves through GHL in five steps.

  1. Inquiry

    Tell GHL what you need. Submitting a request does not begin work.

  2. Scope

    GHL contacts you about availability, scope and fees.

  3. Secure records

    Once an engagement starts, documents go through the Secure Client Portal.

  4. Preparation or monthly work

    Returns are prepared from organized records; books are kept month by month.

  5. Review and delivery

    GHL goes over the finished work with you; a return is filed only after you authorize it.

Contact GHL

Tell us what you need handled.

Tell GHL what you need help with. GHL looks at your records, your filing deadlines and the kind of help you want, then suggests a next step for personal, business, or trust work.

Next stepSubmitting this form does not begin work. GHL will contact you about availability, scope and fees.
Office hoursMon – Fri · 9 am – 5 pm CT
Prefer to call214-997-3872

For your security, do not send Social Security numbers, full account numbers, tax documents, or other sensitive records through this form. If documents are needed, GHL will send you a link to our Secure Client Portal.