INDUSTRY NEWS2020-06-25T17:22:42+00:00

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.

Year-End Moves for Charitable Donations

For guidance on developing a year-end plan that suits your philanthropic and tax-planning goals, contact our tax professionals at 315.424.1120 or info@gsacpas.com. Adam E. Panek, CPA, Tax Partner apanek@gsacpas.com Phone 315.701.6328 'Tis almost the season for charitable giving.   Besides helping a [...]

October 22nd, 2020|

7 Expiring Tax Breaks for Individuals

Several significant federal tax breaks are set to expire at the end of 2020, unless Congress renews them. Lawmakers customarily extend these so-called "extender" provisions for another year or two, sometimes retroactively. However, in this tumultuous time, nothing is certain. In [...]

October 19th, 2020|

Multistate Resident? Watch Out for Double Taxation

Contrary to popular belief, there's nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although many states provide tax credits to prevent double taxation, those credits are sometimes unavailable. If you [...]

July 28th, 2020|

Midyear Tax Planning Ideas for Individuals

The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it's time to think about your current federal tax situation. Tax planning is especially complicated for 2020. There are a lot of moving pieces: [...]

July 27th, 2020|
Go to Top