Crypto Holders: Report All Digital Asset Income for 2022 Taxes
The IRS recently issued a reminder that taxpayers must answer a digital asset question, and report all digital asset-related income when filing their 2022 federal [...]
IRS Delays $600 Threshold for Venmo, PayPal, Third-Party 1099-K Reporting
The IRS has again delayed the $600 Threshold for Venmo, PayPal, and other popular third-party payment 1099-K reporting. Key reporting threshold should still be taken into [...]
Get Your 1099s in Order!
When it comes to managing 1099s and keeping everything compliant, it can get a bit tricky. We've put together a list of things that might [...]
Webinar | Lease Accounting Tool: LeaseCrunch
We’re teaming up with LeaseCrunch to present a 30-minute workshop on their lease accounting tool designed to expedite adoption of the new lease accounting standard [...]
You Ask, GSG Answers GalleryYou Ask, GSG Answers
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You Ask, GSG Answers
Introducing “You Ask, GSG Answers” LinkedIn Video Series That Answers Your Accounting Auditing and Tax Questions While the audit, tax and accounting arena can often [...]
PODCAST | What the IRS Tax Inflation Adjustments for 2023 Tax Year Mean for You
Matt Keefer, Director of Tax Services at GSG, breaks down the recent IRS tax inflation adjustments for the 2023 tax year. The IRS is adjusting [...]
What do the 2023 cost-of-living adjustment numbers mean for you?
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over [...]
Webinar: Get to Know the New Lease Accounting Standards
Issued by the FASB, ASC 842, otherwise known as Topic 842, are new lease accounting standards that govern how entities record the financial impact of [...]
Inflation Reduction Act (IRA) Expands Valuable R&D Payroll Tax Credit
When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health care [...]
Clean Vehicle Credit Comes With Caveats
The Inflation Reduction Act (IRA) includes a wide range of tax incentives aimed at combating the dire effects of climate change. One of the provisions [...]
