The IRS has created a new form, 1099-NEC, to report payments for nonemployee compensation for the 2020 tax year. Nonemployee compensation is the only information… Read more »
Categories: Tax, Tax Planning, Small Business
Governor Larry Hogan recently announced that the Maryland State Department of Assessments and Taxation (SDAT) is extending the deadline to apply for 2020 Homeowners’ and… Read more »
Categories: Podcast, Tax, Tax Planning, Real Estate, COVID-19 Resources
The multi-family housing marketplace is one of the many industries facing economic challenges amid COVID-19. After experiencing a steady increase in rental rates over the… Read more »
Categories: Podcast, Tax, Tax Planning, Audit & Accounting, Real Estate, COVID-19 Resources
GSG’s latest podcast features Tax Director, Matt Keefer, who explains the recent updates released by the IRS on the employee payroll tax deferral executive order…. Read more »
Categories: Podcast, Tax, Tax Planning, COVID-19 Resources
On August 8, President Trump issued a series of executive orders, one of which deferring employee payroll tax obligations through the end of the year…. Read more »
Categories: Podcast, Tax, Tax Planning, COVID-19 Resources
Small business survival is at the top of mind while the COVID-19 pandemic shows no sign of slowing down. As states begin considering options for… Read more »
Categories: Podcast, Tax, Tax Planning, Consulting, Small Business, COVID-19 Resources
Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, taxpayers are eligible to take up to $100,000 of coronavirus-related distributions from their retirement account… Read more »
Categories: Tax Planning, Audit & Accounting, Employee Benefit Plans, Retirement Planning, COVID-19 Resources
The Senate approved the Paycheck Protection Program Flexibility Act of 2020 (The Act) in the evening of June 3, 2020. The Act, which is presently… Read more »
Categories: Tax, Tax Planning, Small Business, COVID-19 Resources
GSG’s Director of Business Valuation and Litigation Support, Chuck Faunce, discusses gift and estate tax planning opportunities presented by the COVID-19 pandemic. The COVID-19 pandemic… Read more »
Categories: Podcast, Tax, Tax Planning, Small Business, Valuation, Estate Tax, COVID-19 Resources
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law to assist taxpayers affected by the novel… Read more »
Categories: Tax, Tax Planning, Small Business, COVID-19 Resources
