INDUSTRY NEWS2020-02-19T12:35:29+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.

How to Manage COVID-19 Related Business Risks

The coronavirus (COVID-19) outbreak has had a crippling effect on the global economy. This is clearly uncharted territory. As millions around the globe do their best to minimize their exposure to the virus, business owners and managers face an uncertain and [...]

March 24th, 2020|

Federal Tax Relief to Alleviate COVID-19 Hardships

The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled. Unemployment claims have skyrocketed. And many schools and businesses are operating online — if at all. Life has changed dramatically [...]

March 23rd, 2020|

2nd Message Regarding COVID-19

Grossman St. Amour CPAs is taking additional steps to protect the health of our clients and our employees as we monitor and follow the guidance of Onondaga County in connection with COVID-19. In addition to cancelling all face-to-face meetings, we will [...]

March 18th, 2020|

Message Regarding COVID-19

Grossman St. Amour CPAs is facing tough choices with the spread of COVID-19.  Our priority is to protect the health of our clients, employees and families, while keeping the work that we do for you moving forward.  We are writing to [...]

March 14th, 2020|

Filing taxes 101: Common errors taxpayers should avoid

Filing a tax return electronically reduces errors because the tax software does the math, flags common errors and prompts taxpayers for missing information. Using a reputable tax preparer – including certified public accountants, enrolled agents or other knowledgeable tax professionals – can also [...]

February 25th, 2020|

Has the TCJA Lowered Your Taxes?

We now have two years of the Tax Cuts and Jobs Act (TCJA) changes under our belts: 2018 and 2019. Are your taxes lower than before the law went into effect? Not surprisingly, the answer depends on your specific situation.  Perception [...]

February 21st, 2020|