Tax implications of working remotely across state lines snare thousands of MA and NH workers
By Zachary T. Payne, CPA Tax Supervisor The Covid-19 pandemic has forced millions of Americans to work remotely in the past 16 months. For many remote workers, this has created tax implications, particularly for employees who normally would work in an office in one...Two key G.T. Reilly tax professionals retire
G.T. Reilly & Company bids farewell to two key members of our Tax Department who have retired this year. Carol A. Magyar, CPA, MST, retired this spring after 37 years with the firm. Carol provided tax compliance for corporations, individuals and trusts, as well as...Child Tax Credit Advance Payments Start Mid-July for Certain Taxpayers
Millions of American taxpayers with children will begin receiving advance payments of their 2021 Child Tax Credits starting this July. Do you qualify?
New accounting rules govern reporting of gifts in kind
If your nonprofit organization accepts contributions of nonfinancial assets, new rules govern financial reporting of gifts in kind.