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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
The U.S. Department of the Treasury and Small Business Administration (SBA) made updates today to the Paycheck Protection Program (PPP) FAQs, specifically addressing what makes [...]
Round 2 of the Paycheck Protection Program (PPP) gets underway today as the U.S. Small Business Administration (SBA) resumes accepting PPP applications from participating lenders. [...]
The President signed the Families First Coronavirus Response Act (the Act) into law on March 18, 2020 to provide paid sick leave and expanded family [...]
In GSG’s latest podcast, Chuck Faunce, ASA, Director of Business Valuation and Litigation Support, continues the conversation on business disruption and covers: Damage control steps [...]
A provision in the recently enacted CARES Act was included to alleviate some of the burden of retaining and paying employees during this difficult time. [...]
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