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IRS issues final regulations on inherited IRAs
The IRS has published new regulations relevant to taxpayers subject to the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or [...]
IRS ramps up compliance enforcement against certain businesses
The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers owe [...]
Gorfine, Schiller & Gardyn Rises in Baltimore Business Journal’s 2024 Ranking of Largest Accounting Firms
Leading certified public accounting firm named seventh largest firm in Baltimore Owings Mills, MD – July 1, 2024 – Gorfine, Schiller & Gardyn, P.A. [...]
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 [...]
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 [...]
Federal regulators expand overtime pay requirements, ban most noncompete agreements
The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal [...]
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