Stay up to date on the latest in industry and GYF news. Subscribe to have the most recent posts delivered to you.
Citing the increase in the cost of fuel, the IRS set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for
Employee Stock Ownership Plans (ESOPs) are a succession planning option that can be a good choice for many companies. Our business valuation group recently hosted a webinar to dispel common
Employee Stock Ownership Plans (ESOPs) are a succession planning option that can be a good choice for many companies. Our business valuation group recently hosted a webinar to dispel common
Pre-tax contributions are a key feature of many employer-sponsored benefit programs, allowing employees to save money and lower their taxable incomes. Accounts like 401(k) retirement plans, Health Savings Accounts (HSAs),
GYF is pleased to announce the promotions of two experienced leaders in the firm’s ERP Solutions Group. Jordan D. Curry and James F. O’Mara were promoted to director roles. Jordan
Several recent court cases, such as Kwong v. United States, have created the potential for millions of taxpayers to be eligible for refunds from the IRS. Background Section 7508A authorizes
GYF is pleased to announce the promotions of three professionals in the firm’s ERP Solutions Group. Christopher R. Johns, Steven C. Spokane and Gabriel K. Spurlock, were promoted to manager
2026 is the second year that the annual reporting filing requirement with the Pennsylvania Department of State is in effect. The due date for these filings is dependent on the
The FASB issued ASU 2025‑04, Compensation – Stock Compensation & Revenue from Contracts with Customers to clarify guidance related to accounting for share‑based consideration payable to a customer. The goal
This series of blog posts is intended to highlight some key tax planning strategies resulting from the sweeping tax changes contained in the One Big Beautiful Bill Act (OBBBA). This post
GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The U.S. economic outlook entering 2026 reflects a moderating but resilient economy facing heightened uncertainty from geopolitical
This series of blog posts is intended to highlight some key tax planning strategies resulting from the sweeping tax changes contained in the One Big Beautiful Bill Act (OBBBA). This post
