EV buyers, beware! House GOP bill ends clean vehicle tax credits after 2025
The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate [...]
PODCAST | 2025 Accounting and Financial Planning Tips for Small Businesses
Stay ahead of the curve with accounting and financial planning tips for small businesses in 2025 in this GSG Podcast.
PODCAST | Annual Tax Planning Tips for 2024 (and Beyond)
In the following Gorfine, Schiller & Gardyn podcast interview, Aaron Bloom, Director of Tax Services at GSG, discusses year-end and year-round tax-saving strategies for the [...]
Businesses can still cut their 2024 taxes
President-Elect Trump will take power early next year along with a unified GOP Congress. However, it’s still unknown how the tax landscape will change in [...]
The Provisions of the Tax Cuts and Jobs Act That Will Expire in 2025
Signed into law in 2018, the Tax Cuts and Jobs Act (TCJA) was the most significant overhaul of the overall tax code in 30 years [...]
How will the 2025 inflation adjustment numbers affect your year-end tax planning?
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over [...]
PODCAST | All About the IRS and Partnership Basis Shifting
In the following Gorfine, Schiller & Gardyn podcast, Aaron Bloom, Director of Tax Services at GSG, provides a thorough analysis about the IRS’ efforts to stop [...]
PODCAST | Turning Your Hobby into a Viable Business
In this Gorfine, Schiller & Gardyn podcast interview, Laura Shuman, Director, Small Business at GSG, discusses everything that one needs to know to turn a [...]
SECURE 2.0: Which provisions went into effect in 2024?
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to retirement plan [...]
IRS extends relief for inherited IRAs
For the third consecutive year, the IRS has published guidance that offers some relief to taxpayers covered by the “10-year rule” for required minimum distributions [...]
