As we prepare for 2025, we want to inform you of a few key changes designed to improve our process, reduce your stress, enhance accuracy, and maintain the elevated level of service you expect....
In this post, we draw your attention to some people that MIGHT qualify as Beneficial Owners and also walk through a multi-tiered partnership to show how complex this could get for certain entities. ...
We are asking for your assistance in addressing a continuing issue in Maryland: the underfunding and inefficiencies of the Comptroller’s Office. ...
Here’s how these technologies benefit you and how we ensure your data remains secure.
Our helpful guide will let you know which numbers to look at above all the rest!
Managing Partner Samantha Bowling was recognized as one of the Top 25 Most Powerful Women in Accounting for 2024. ...
The small business market is on the brink of a generational shift. Currently, 50% of small business owners in the U.S. are over 55 years old, and nearly half of all business owners plan to retire with...
If you have been in good standing with the IRS for 3 years, you may be eligible to request a first-time abatement waiver of some penalties....
The Secure 2.0 Act and the Consolidated Appropriations Act are seeking to engage employers in student debt repayment. ...
With the rollout of our new website and our paperless tax return delivery, here are the methods of payment we currently accept...
The transition of leadership from one owner to another is a critical point of failure in many businesses. By communicating with three key audiences, you can help ensure you have a business that contin...
Home energy tax credits offer financial incentives for using renewable energy and making energy-efficient home improvements. ...
Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) A tax ...
Companies must continue to innovate in order to provide value for future customers. These four steps have helped GWCPA become a more adaptable company. ...
Following this guide will help you prepare your documents and deliver them to GW according to the best method for your project's needs. ...
In spite of an increasingly remote workforce in today's economy, we still find we encounter new clients who have never worked with a remote CPA firm. We'd like to show you some of the processes you ca...
In the March 2024 issue of Inside Public Accounting, Managing Partner Samantha Bowling was interviewed about her outlook on the profession & the future of GWCPA....
Maryland has a requirement for every small business to provide an emplyer sponsored retirement plan. If you certify that you have a plan, they will waive your annual $300 filing fee. ...
We share our three reasons for how you can take charge of your planning calendar again, and keep tax compliance in its rightful place - necessary, but not central. ...
Maryland Tax Connect is a new self-service portal that allows Maryland taxpayers to file their taxes online more easily and securely and interact with the Comptroller’s office in various ways. ...
The QuickBooks Audit Trail is a built-in feature that serves as a chronological record of all changes made to transactions within the software. It captures details such as user activity, date and time...
BOI stands for Beneficial Ownership Information Reporting, and is the latest attempt by the US Treasury to combat money laundering. ...
Check fraud has increased exponentially nationwide and with our clients. Last year, banks issued about 680,000 reports of check fraud, nearly double what they reported in 2021. One expert predicted to...
Explore the pervasive risks of fraud in business operations with this insightful blog. Discover how pressure, opportunity, and rationalization can lead to deceptive practices, threatening financial he...
We have a new name and a new logo to share with you, yet our values, identity, and mission have only been strengthened....
Discover the ins and outs of the new 2023 Maryland Pension Plan Mandate and how your business can achieve compliance through the Maryland Saves Workplace Savings Program (MarylandSaves)....