IRS releases guidance on changes to R&E expensing
Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code [...]
PODCAST | What You Need to Know About Tax Changes in Maryland
In this Gorfine, Schiller & Gardyn podcast interview, Patrick Hom, Director of Tax Services at GSG, breaks down the latest Maryland tax updates and changes, [...]
How will the changes to the SALT deduction affect your tax planning?
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you [...]
What taxpayers need to know about the IRS ending paper checks
U.S. Treasury Department, IRS & Social Security Administration (SSA) will stop issuing paper checks
The OBBBA will soon eliminate certain clean energy tax incentives
For some time, President Trump and the GOP have had their sights on repealing many of the tax incentives created or enhanced by the Inflation [...]
The One, Big, Beautiful Bill Act extends many business-friendly tax provisions
The new act includes numerous provisions for businesses
President Trump signs his One, Big, Beautiful Bill Act into law
On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax portion [...]
The U.S. Senate passes its version of President Trump’s tax bill
The U.S. Senate passed its version of The One, Big, Beautiful Bill (OBBB) by a vote of 51 to 50 on July 1. (Vice President J.D. [...]
The House passes The One, Big, Beautiful Bill Act: An overview of its tax provisions
New Spending Bill Through the House
