By Ryan J. McDonell, CPA, MSA, MSLT Tax Director Businesses often turn to independent contractors to supplement their workforce when faced with staffing shortages and inflation. While independent contractors can be a valuable resource, businesses should be cautious to...
By Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services Stock, mutual fund and ETF prices have bounced around lately. Investors may see a loss generated on the sale of a security as helping offset gains that have already been realized. However,...
GT Reilly & Company was recently named among the most referred tax and accounting firms by peer CPA firms and clients. That’s according to a recent survey of nationwide firms by Statista and USA Today. We were pleased to learn that GT Reilly was named among...
Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services The IRS has introduced significant changes to Form 1099-K reporting requirements in 2025, expanding the number of taxpayers who must report income derived through payment apps such as Venmo...
Charles R. Kennedy, CPA Vice President & Director of Tax Services For most taxpayers, estate planning these days is almost entirely focused on pushing estate value down far below the federal estate tax exemption of $13.9 million (or $27.9 million for married...
