Galloway Tax Express

Tax Services, Notaries, Business Consulting in Winston-Salem, NC

Address
Winston-Salem, NC 27107, Winston-Salem, NC, 27107
Phone
(336) 705-6322
Website
gallowaytax.com

About Galloway Tax Express

Galloway Tax Express (GTE) is a Winston-Salem tax and bookkeeping firm that focuses heavily on nonprofit organizations in addition to individual and business tax clients. Core services include monthly bookkeeping with program-level financial tracking for nonprofits, preparation and filing of IRS Form 990 annual information returns for 501(c)(3) organizations, individual and business tax return preparation, notary public services, and IRS tax help and resolution for clients facing tax problems or needing representation with the agency. The nonprofit bookkeeping and Form 990 specialty sets the firm apart from typical individual-focused tax preparers, since compliance requirements for nonprofits differ substantially from standard personal or small-business tax filing. GTE's stated mission is to provide nonprofit tax preparation and filing relief to overwhelmed nonprofit administrators, lessening the compliance burden on presidents and staff who often have no formal training in how to properly prepare their organization's annual IRS information returns. The firm serves clients across most U.S. states in addition to its North Carolina base.

Galloway Tax Express is a 32-year-old firm co-owned by Xai Galloway and Nieasa Galloway, and is itself structured as a 501(c)(3) nonprofit organization even as it serves other nonprofits and small businesses. The company's origins trace back to serving low-income families with children before expanding into small business services throughout the United States, and later into individual tax planning and preparation more broadly. The Galloways say they founded the nonprofit-focused side of the business after recognizing a critical gap: many nonprofit presidents and administrators had no real understanding of how to properly prepare their organization's annual IRS Form 990 information returns, leaving them exposed to compliance risk. That gap shaped GTE's specialization in nonprofit bookkeeping and Form 990 filing, which remains a defining part of the firm's identity more than three decades after it began.

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