industry news
Grossman St. Amour CPAs team members address relevant subject matters in the world of accounting, taxation, business valuation and financial planning. We invite you to review the various industry articles below. Should you have a question about or interest in a particular subject matter, please contact us.
Retirement Tax Planning: Five Strategies to Help Preserve Your Wealth
Many people assume that retirement automatically means lower taxes, simpler tax returns, and fewer tax-planning concerns. While that may be the case for some retirees, the reality is often more complex. Income from Social Security benefits, pension payments, required [...]
Maximizing Your 401(K): Mistakes to Avoid
When it comes to building long-term retirement savings, few opportunities are as powerful and tax-advantaged as participating in your employer-sponsored 401(k) plan. A 401(k) can help you grow your retirement nest egg through tax benefits, employer matching contributions, and the potential [...]
Strategies for Saving: Year-End Tax Planning for Individuals
Year end is here, but there's still time for individual taxpayers to make moves to lower their 2025 tax bills. The One Big Beautiful Bill Act (OBBBA), which became law in July, provides some welcome certainty for the next few years. [...]
Unwrap the New Tax Rules for Charitable Donations
The holiday season is right around the corner, and that's when many charitably inclined people start to think about year-end donations to their favorite charities. When planning your charitable contributions, don't forget about the potential tax breaks for your generosity. The [...]
3 New Tax Breaks for Individuals
The One Big Beautiful Bill Act (OBBBA) introduces three potentially valuable tax breaks for individual taxpayers that weren't previously available. And you don't have to itemize deductions to take advantage of them. Do you qualify? Read on and find out. 1. [...]
7 Breaks for Families under the New Tax Law
The One, Big, Beautiful Bill Act (OBBBA), which was enacted on July 4, generally extends and expands tax provisions that were scheduled to expire at year end. Here are seven valuable tax breaks that might benefit your family: 1. Child [...]
9 Key Tax Law Changes for Individuals under the OBBBA
For the first half of 2025, individual taxpayers faced an uncertain tax situation because many provisions of the Tax Cuts and Jobs Act (TCJA) were scheduled to expire at year end. However, on July 4, President Trump signed the One, Big, [...]
Massive Budget Law Included Numerous Business Tax Provisions
The new One, Big, Beautiful Bill Act (OBBBA) is packed with tax provisions that will affect U.S. and foreign businesses, making permanent, or at least extending, many provisions that were scheduled to expire at the end of the year. Here's an [...]
On Campus Recruiting at Syracuse University
Our CPAs, Mark R. Ciaralli, Audit Partner and Gianna F. Crooks, Tax Manager, recently attended the Meet the CPAs of CNY event at Syracuse University, where they had the pleasure of meeting many talented students and candidates eager to start their [...]
Fall 2024 On-Campus Recruiting Events
Grossman St. Amour CPAs is involved in many local college in-person events throughout the year recruiting for internship and staff accountant positions. Check out our calendar to see the events we are attending at your school. If you don't see your [...]