Thomas, Head & Greisen

Thomas, Head & Greisen Thomas, Head & Greisen, an Alaskan owned and operated CPA firm, has been helping Alaskan businesses and individuals since 1969.

We offer a full range of financial services from audits and litigation support to business valuation and taxation services. As one of Alaska’s largest CPA firms, we have the depth of experience from our professional and support staff to make us easily the most qualified as well as one of the longest serving firms in Alaska. Distinguishing Characteristics of Thomas, Head & Greisen:

- TH&G is a mem

ber of the division of firms of the American Institute of CPAs. Membership requires we submit to a quality assurance review of our Procedures (Audit of the Auditors) at least once every three years.


- We joined with other firms in a national organization, CPAmerica, to ensure our staff and firm maintain high standards of technical competence.

Your financial life is more interconnected than you may realize. Your tax, retirement and estate planning should work to...
06/23/2026

Your financial life is more interconnected than you may realize. Your tax, retirement and estate planning should work together to support your goals today and protect your legacy tomorrow. We can help you bring it all together with a coordinated strategy to reduce taxes, build retirement savings and achieve your estate planning objectives. Contact us at (907) 272-1571.

Has administrative complexity discouraged your business from offering a 401(k) plan? Take a look at the safe harbor 401(...
06/22/2026

Has administrative complexity discouraged your business from offering a 401(k) plan? Take a look at the safe harbor 401(k). The employer contribution obligation generally exempts the plan from nondiscrimination testing and other onerous administrative duties. Plus, this plan enables highly compensated employees to max out their contributions and can help attract and retain workers. Typically, employees are eligible to participate if they're age 21 or older and have at least one year of service. Call us (907) 272-1571 for details.

A summer job is a great way for teens to earn extra cash, but it also comes with tax responsibilities. Anyone with self-...
06/19/2026

A summer job is a great way for teens to earn extra cash, but it also comes with tax responsibilities. Anyone with self-employed income over $400, such as earnings from mowing lawns or babysitting, must file an income tax return and may owe self-employment tax. If a teen works for an employer that withholds payroll taxes, the filing threshold is higher: $16,100 for 2026. In this case, the teen usually won’t owe income tax and may receive a refund if taxes were withheld. Call us at (907) 272-1571 with questions.

If the IRS audits your income tax return, you may need to produce documentation. In general, the IRS has three years to ...
06/17/2026

If the IRS audits your income tax return, you may need to produce documentation. In general, the IRS has three years to assess additional tax, starting from the date the return was filed or due, whichever is later. For example, if you filed your 2022 return by the April 18 deadline in 2023, the IRS generally has until April 18, 2026, to assess a tax deficiency. So you potentially can discard records related to that return after April 2026. But records should be held longer in certain situations. And you should keep copies of your returns forever. Call us at (907) 272-1571 with questions.

Does your business use independent contractors? The reporting requirements for these workers differ from those for W-2 e...
06/16/2026

Does your business use independent contractors? The reporting requirements for these workers differ from those for W-2 employees. For payments made in 2026, businesses generally must issue Form 1099-NEC, “Nonemployee Compensation,” to contractors paid $2,000 or more (up from $600 for 2025). The higher threshold may reduce your administrative burden because you could have fewer forms to file with the IRS. However, it doesn’t change your recordkeeping, worker classification or backup withholding responsibilities. Contact us at (907) 272-1571 to help ensure you’re prepared for the updated reporting requirements.

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying...
06/15/2026

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying cry for employees and a powerful marketing tool that attracts customers and drives revenue. So, whether you’re writing one for the first time or revising it during a rebrand, craft yours carefully. It can have a surprising impact on your bottom line. Please call us at (907) 272-1571 for help aligning your company’s core purpose with its financial parameters and strategic objectives.

Boat owners may qualify for federal income tax breaks — but only if the boat meets specific requirements. For example, a...
06/12/2026

Boat owners may qualify for federal income tax breaks — but only if the boat meets specific requirements. For example, a vessel with sleeping, cooking and toilet facilities could qualify as a home for the mortgage interest itemized deduction. Itemizers may also be able to deduct eligible state and local sales tax paid on a boat, subject to applicable limits. Vessels used in bona fide businesses, such as charter fishing or sightseeing, can generate deductible business expenses. Before assuming your boat delivers tax savings, contact us at (907) 272-1571 to learn more. We can help determine your vessel’s eligibility and provide guidance on substantiating any write-offs.

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more ...
06/10/2026

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more options than you realize. If your finances have changed, the IRS may let you adjust your payment plan to lower monthly payments or a new schedule. If your agreement is terminated, you can request reinstatement. You can also consider an offer in compromise, which may allow you to settle for less than you owe. If you’re facing serious financial trouble and can provide evidence of undue hardship, the IRS sometimes allows up to six months to pay. It helps to act early. Call us at (907) 272-1571 with questions.

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Man...
06/09/2026

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Many FIRE followers aim to retire in their 40s or even 30s! They make it happen by saving at least 50% of their current income, which some maximize by working second jobs. Obviously, this requires discipline and planning. But if early retirement is a priority, call us 907-272-1571 so we can help you make it happen.

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For...
06/08/2026

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For example, if you’re a U.S. citizen, your worldwide assets are potentially subject to federal gift and estate taxes, regardless of where you live or where the assets are located. So, if you own assets in other countries and the assets are subject to estate, inheritance or other death taxes in those countries, there’s a risk of double taxation. Call us at (907) 272-1571 to learn more about how to properly account for foreign assets in your estate plan.

Address

1400 W Benson Boulevard # 400
Anchorage, AK
99503

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+19072721571

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