Key Updates From the CARES Act
On Wednesday March, 25, 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide relief for individuals and businesses suffering [...]
PODCAST | Congress Repeals Parking Tax for Nonprofits
In GSG’s latest podcast, Tom Colegrove, a Manager in GSG’s Tax practice, provides an update on the “parking tax” for nonprofit and for-profit organizations. Section [...]
PODCAST | Tips for Getting Involved with Charities from a Board Perspective
In GSG’s latest podcast, Officer Scott Rodgville, who recently authored a Baltimore Business Journal article, discusses tips for getting involved with charities from a board [...]
Everything Your Organization Needs to Know About the Nonprofit Parking Tax
The Tax Cuts and Jobs Act mandated that exempt organizations include expenses related to qualified transportation fringe (QTF) benefits as unrelated business taxable income (UBTI). [...]
Top Seven Charitable Giving Tax Tips for the Holiday Season
With the holiday season upon us, many people are developing their plans for charitable giving. While it’s always ideal to focus on charities that will [...]
PODCAST: Impact of UBIT and Tax Cuts and Jobs Act of 2017 on Nonprofits
The following podcast breaks down the unrelated business income tax (UBIT) and the changes to fringe benefits under the new tax law. The unrelated business [...]
Top 5 Changes Every Not-For-Profit Needs to Know Under the Tax Cuts & Jobs Act
Significant tax reform legislation was passed in December 2017. Colloquially known as The Tax Cuts and Jobs Act (TCJA), this legislation contained significant changes for [...]
PODCAST: Fiduciary Duties of Today’s Nonprofits
In the following podcast, Scott Rodgville discusses why conveying the quality of transparency is essential for nonprofit organizations, and more. Board members serving nonprofit organizations [...]
