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In a recent press release, The U.S. Department of the Treasury has announced that it will not enforce fines or penalties against U.S. citizens and domestic reporting companies, or their
FinCEN issued a press release yesterday, announcing a suspension of enforcement actions and a moratorium on fines and penalties until the interim final rule is issued (no later than 3/21/25).
GYF is pleased to announce the appointment of Jennifer Gilarski (Jen) as Director of Business Development. Jen brings a wealth of knowledge and expertise, having spent her career focused on
Once again, the Corporate Transparency Act (CTA) reporting requirements are back in effect. As of January 27, 2025, reporting companies were no longer required to file Beneficial Ownership Information (BOI)
GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The U.S. economy, in the fourth quarter, is being viewed as cautiously optimistic. Several positive indicators suggest that
Melissa A. Bizyak, CPA/ABV/CFF, CVA, was selected to serve on the inaugural BVR Leadership Council. This independent, profession-wide group of valuation practitioners from across the nation will share insights, drive
In the world of real estate investing, business owners often face a significant capital gains tax expense. A property owner must pay this transaction tax after selling a capital property
UPDATED 1/27/25 It has been a crazy and confusing month for business owners who may have already been unclear about the requirement to report Beneficial Ownership Information (BOI) to the
The U.S. Court of Appeals for the Fifth Circuit has lifted the nationwide injunction against the enforcement of the Corporate Transparency Act (CTA), reinstating the requirement for businesses to report
Following a district court ruling that placed a preliminary injunction on enforcement of the Corporate Transparency Act (CTA) and its requirement for filing beneficial ownership information (BOI) reports, the Financial
GYF’s Jeff Ford and Eric Anthony gave an update on current A&A topics at our recent CPE Day. Jeff kicked off the presentation focusing on the nationwide CPA shortage, which
GYF has the privilege of serving clients across the country, giving our team a wealth of experience dealing with many tax jurisdictions. At our firm’s recent CPE Day, Mike Weber
