tax returns, sign, tax cout memorandum, GYF, Grossman Yanak & Ford LLP, Pittsburgh, CPAs

Don’t Forget to Sign Your Tax Returns!

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In a recent Tax Court Memorandum decision, taxpayers are once again reminded that the date of filing and the statute of limitations does not begin until the returns are formally executed by the taxpayers. In this case, Mr. and Mrs. Reifler, a married couple, who consistently filed joint tax returns, timely filed their 2000 Form […]

Understanding Household Employee Taxes

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One of the most-often missed taxes are those connected with household employees. The complexity of payroll tax calculations in combination with traditional low wages has led too many taxpayers to simply blow off these taxes with the hope that the Internal Revenue Service and the Social Security Administration will fail to follow up. If you […]

social security, tax, GYF, Grossman Yanak & Ford LLP, Pittsburgh, CPAs

Social Security Wage Base Will Remain at 2015 Level for 2016

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The Social Security Administration (SSA) announced that the maximum earnings subject to the Social Security component of the FICA tax will remain at $118,500 for 2016. This announcement means, that for 2016, the maximum Social Security tax that employers and employees will each pay is $7,347 ($118,500 x 6.2%), and a self-employed person with at […]

IRS, scams, impersonation, GYF, Grossman Yanak & Ford LLP, Pittsburgh, CPAs

Beware of Internal Revenue Service Impersonation Scams

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The Treasury Inspector General for Tax Administration (TIGTA), Mr. J. Russell George, issued another warning Thursday, October 15th, that although it [the Agency] is making some progress in its investigation of a phone fraud scam perpetrated by individuals misrepresenting themselves as Internal Revenue Service employees, taxpayers should continue to beware of these fraudulent phone calls. […]

GYF Announces Promotions

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FOR IMMEDIATE RELEASE Pittsburgh, PA – Grossman Yanak & Ford LLP (GYF), a regional certified public accounting and consulting firm based in downtown Pittsburgh, is pleased to announce the promotion of several professionals. Michael Weber, CPA, JD, was promoted to Manager in the Tax Services Group. Michael is a graduate of Duquesne University where he […]

Audit Manager Chosen for AICPA Leadership Academy

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FOR IMMEDIATE RELEASE Pittsburgh, PA – Grossman Yanak & Ford LLP (GYF), a regional certified public accounting and consulting firm based in downtown Pittsburgh, is pleased to announce that Jason P. Hardy, an Assurance and Advisory Services Manager, has been selected as one of 38 CPAs to participate in the American Institute of CPAs 7th […]