IRS issues final regulations on tips tax break
Last year, a new income tax deduction for qualified cash tips went into effect under the One Big Beautiful Bill Act (OBBBA). The break is [...]
Last year, a new income tax deduction for qualified cash tips went into effect under the One Big Beautiful Bill Act (OBBBA). The break is [...]
Guidance on the 100% depreciation deduction for qualified manufacturing property.
Here is a 2026 tax calendar for various forms, payments and other actions
Federal Form 1065 is an informational return filed by partnerships with the IRS
Understand the latest cost of living adjustments
On August 15, 2025, the U.S. Court of Appeals for the Fourth Circuit issued a significant ruling on Maryland’s digital advertising tax (DAT). The Court [...]
In this Gorfine, Schiller & Gardyn podcast interview, Patrick Hom, Director of Tax Services at GSG, breaks down the latest Maryland tax updates and changes, [...]
U.S. Treasury Department, IRS & Social Security Administration (SSA) will stop issuing paper checks
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 [...]
Implications of the new OBBB Act