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As a recent graduate entering the workforce, I know firsthand that the transition can be daunting. There are many new things to learn and decisions to make, not just related
After serving as a tax intern at GYF for only a month, I am already starting to see how it is an incredible opportunity to gain experience and learn from
The firm named three new Senior Managers: Jordan Curry advanced in the ERP Solutions Group, and Rebekah Flanders and Ryan Fronius were promoted in the Tax Services Group. Jordan D.
Three professionals in the Assurance & Advisory Services Group were promoted: Erika Tallerico was named as a Director, and Eric Anthony and Amber Pinskey rose to Senior Manager roles. Erika
Many states throughout the United States have implemented what are referred to as “pass-through entity tax elections” (PTET elections), since the proposed regulations outlined in IRS Notice 2020-75 were made
This year, not only is Memorial Day being celebrated on May 29, but it is also the date for an unofficial holiday, “529 Day.” Several states are marking the occasion
Even the best of us can make a mistake or two when it comes to filing and paying taxes. Anyone from your next-door neighbor to the most popular celebrity could
A recent post discussed how many states are providing options for pass-through entities (S corporations, partnerships, or LLCs treated as S corps or partnerships for federal income tax purposes) to
On February 6, 2023, the Internal Revenue Service (IRS) issued Notice 2023-13, which contains a proposed revenue procedure that would establish the Service Industry Tip Compliance Agreement (SITCA) program, a voluntary
According to the Small Business Administration Office of Advocacy, there were 33.2 million small businesses in the United States as of 2022. These businesses employ 61.7 million people and represent
Most of us have visited coffee shops, ice cream parlors or other small businesses that have jars out on the counter to collect tips for the team members’ college funds,
Prior to the Tax Cuts and Jobs Act (TCJA) in 2017, generally there was no limit to the amount of state and local taxes (SALT) that an individual taxpayer could
