The Federal Corporate Transparency Act (CTA), which was passed in early 2021, requires certain reporting entities to file information about
Though many companies have been investing in crypto assets for several years, the FASB had remained silent on the matter
Early this year, the Internal Revenue Service rolled out a new program called Direct File, a free tax tool that
On October 22, 2024, The Internal Revenue Service announced inflation adjustments for the coming tax year of 2025. The adjustments
In June of 2021, the world of college athletics saw a drastic shift when the NCAA decided that college athletes
GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The outlook of the U.S. economy at
It is important for individuals who want to start a new business to understand the taxation considerations related to a
As explained in a previous blog post, the Federal Corporate Transparency Act (CTA), which was passed in early 2021, requires
With its outdated net operating loss (NOL) limitation provisions, Pennsylvania has lagged behind the rest of the country for far
The Board of Appeals is responsible for reviewing interactions between the Pennsylvania Department of Revenue (DOR) and taxpayers in the
While the Employee Retention Credit (ERC) has helped many businesses, other companies, as well as the IRS, continue to experience
According to the IRS, a “digital asset” is a digital representation of value recorded on a cryptographically secured distributed ledger
