PODCAST | Employee Payroll Tax Deferral Executive Order Update
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. [...]
PODCAST | Deferring Payroll Tax Obligations
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. [...]
Important Update for 501(c)(6) Organizations in Maryland
The State of Maryland has established the Maryland COVID-19 Emergency Relief Grant Fund for 501(c)(6) Nonprofits to support Maryland’s 501(C)(6) nonprofits struggling from the financial [...]
PODCAST | Small Business Survival Lessons From First Wave of COVID-19
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 [...]
CARES Act and Retirement Plans – What Plan Sponsors and Participants Should Know
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 [...]
Highlights from the Paycheck Protection Program Flexibility Act
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 [...]
PODCAST | COVID-19 Presents Opportunities for Gift and Estate Tax Planning
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 [...]
FASB Delays Revenue Recognition Effective Date for Private Companies
On Wednesday, May 20th, the Financial Accounting Standards Board (FASB) voted to delay the implementation of the new revenue recognition standards, FASB Accounting Standards Codification [...]
PODCAST | Helping Businesses Gain Confidence During COVID-19
In GSG’s latest podcast, Alan Stein, Director of Audit and Accounting Services, discusses how businesses gain confidence considering the evolving role of accountants who are [...]
SBA Releases PPP Loan Forgiveness Application
On Friday, May 15th, the SBA released the application form that borrowers should use to apply for forgiveness on their PPP funds they received. Highlights [...]
