The State of Maryland has established the Maryland COVID-19 Emergency Relief Grant Fund for 501(c)(6) Nonprofits to support Maryland’s 501(C)(6) nonprofits struggling from the financial… Read more »
Categories: Not-for-Profit, COVID-19 Resources
On Wednesday March, 25, 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide relief for individuals and businesses suffering… Read more »
Categories: Tax, Small Business, Tax Planning, Not-for-Profit, Retirement Planning, COVID-19 Resources
In GSG’s latest podcast, Tom Colegrove, a Manager in GSG’s Tax practice, provides an update on the “parking tax” for nonprofit and for-profit organizations. Section… Read more »
Categories: Tax, Tax Planning, Not-for-Profit
In GSG’s latest podcast, Officer Scott Rodgville, who recently authored a Baltimore Business Journal article, discusses tips for getting involved with charities from a board… Read more »
Categories: Consulting, Audit & Accounting, Not-for-Profit
The Tax Cuts and Jobs Act mandated that exempt organizations include expenses related to qualified transportation fringe (QTF) benefits as unrelated business taxable income (UBTI)…. Read more »
Categories: Tax, Tax Planning, Not-for-Profit
With the holiday season upon us, many people are developing their plans for charitable giving. While it’s always ideal to focus on charities that will… Read more »
Categories: Tax, Not-for-Profit
The following podcast breaks down the unrelated business income tax (UBIT) and the changes to fringe benefits under the new tax law. The unrelated business… Read more »
Categories: Tax, Not-for-Profit
Significant tax reform legislation was passed in December 2017. Colloquially known as The Tax Cuts and Jobs Act (TCJA), this legislation contained significant changes for… Read more »
Categories: Tax, Not-for-Profit
In the following podcast, Scott Rodgville discusses why conveying the quality of transparency is essential for nonprofit organizations, and more. Board members serving nonprofit organizations… Read more »
Categories: Audit & Accounting, Not-for-Profit
