On March 30, the Financial Accounting Standards Board (FASB) published an updated accounting standard on events that trigger an impairment test under U.S. Generally Accepted Accounting Principles (GAAP). This simplified alternative may provide relief to private companies and not-for-profit entities that have been adversely affected by the COVID-19 pandemic. Here’s what you should know. Clarifications [...]
We celebrate all women today on International Women's Day and give a special thank you to all of the exceptional Gumbiner Savett Inc. women we work with every day!
Gumbiner Savett Inc. has been selected as one of 10 cosponsors for the George Willie Ethnically Diverse Scholarship & Internship Program, administered through the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). The George Willie program provides a scholarship and internship to ethnic minority accounting students who intend to [...]
Heyler agent Kate Kennedy joins Jae Wu on Friday Facebook Live! They'll chat with Gumbiner Savett shareholder, Karla Chavez Luna, CPA, MST, about preparing for tax season and how homebuyers can benefit from working with a CPA before starting a home search. Watch it on Facebook Live - Friday, February 19th at 10 am!
Can your business benefit from the enhanced Employee Retention Tax Credit?
Gumbiner Savett Inc. congratulates four staff members who were promoted to new positions as of January 1, 2021: Ron Hauser was elevated to Tax Manager (from Tax Senior Associate), while Eduard Danielyan, Tiffany Delemo and David Sussman will assume their new roles as Tax Senior Associates (formerly Staff Accountants).