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The latest guidance and thought leadership from our experienced team of CPAs and consultants. Read more about up-to-date audit, accounting, tax, and consulting trends and insights affecting your business.

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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 and […]

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Posted 07/23/2024 By: Thomson Reuters©

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. (GSG), […]

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Posted 07/01/2024 By: Gorfine, Schiller & Gardyn

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 […]

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Posted 06/27/2024 By: Gorfine, Schiller & Gardyn

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 […]

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Posted 06/19/2024 By: Thomson Reuters©

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 overtime […]

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Posted 05/06/2024 By: Thomson Reuters©

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 […]

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Posted 04/26/2024 By: Thomson Reuters©

IRS issues guidance on tax treatment of energy efficiency rebates

The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range […]

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Posted 04/17/2024 By: Thomson Reuters©

Independent contractor vs. employee status: The DOL issues new final rule

The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of […]

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Posted 02/27/2024 By: Thomson Reuters©

PODCAST | Opportunities and Challenges in Nonprofit Accounting

In the following Gorfine, Schiller & Gardyn podcast, Scott Rodgville, a Director at GSG, and Mike Schiller, a Manager at GSG, discuss key nuances around […]

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Posted 02/19/2024 By: Gorfine, Schiller & Gardyn

PODCAST | What You Need to Know About Inheritance and Estate Taxes

In this Gorfine, Schiller & Gardyn podcast interview, Melissa West, Director of Tax Services at GSG, discusses everything you need to know when it comes […]

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Posted 02/12/2024 By: Gorfine, Schiller & Gardyn

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