Gorfine, Schiller & Gardyn

In this Gorfine, Schiller & Gardyn podcast interview, Laura Shuman, Director of Small Business at GSG, provides an overview of Maryland’s proposed unemployment insurance legislation and what it could mean for small and mid-sized businesses.

• A high-level overview of the proposed legislation and the issues lawmakers are trying to address. (:30)

• The most important components of the proposal, including changes to the taxable wage base. (1:18)

• What indexing the wage base to average wages means in practical terms for businesses. (2:05)

• Updates to unemployment benefits and how they align with the goals of the legislation. (2:45)

• Potential impacts on payroll costs and operations for small and mid-sized businesses. (3:20)

• How GSG supports businesses with payroll compliance, advisory guidance, and navigating regulatory changes. (4:05)

In this Gorfine, Schiller & Gardyn podcast interview, Jenny Estrada, Principal, Audit & Accounting Services at GSG, discusses HUD mortgage compliance requirements and how property owners and operators can reduce compliance risk.

Originally created under the 2017 Tax Cuts and Jobs Act, the Opportunity Zone program was designed to encourage investment in low-income communities by offering substantial tax benefits. The One Big Beautiful Bill permanently extends the program and introduces several significant changes that will impact both investors and communities.

From a higher SALT deduction cap to updated 1099 rules, new retirement contribution thresholds, and crypto reporting requirements, this year’s tax landscape presents several planning opportunities for individuals and small businesses.

From tariff uncertainty to changes in 1099 reporting thresholds, 2025 has been a highly unpredictable year for small businesses. In this timely conversation, Laura Shuman shares practical guidance on how business owners can protect their margins, stay ahead of compliance changes, and prepare for the year ahead.

In this Gorfine, Schiller & Gardyn podcast interview, Patrick Hom, Director of Tax Services at GSG, breaks down the latest tax changes in Maryland, including those that took effect on July 1, 2025, and others outlined in the Budget Reconciliation and Financing Act of 2025.

Chuck Faunce, Director of Business Valuation and Litigation Services at GSG, breaks down the implications of the recent Supreme Court decision in Connelly vs. United States, and why it could significantly increase estate tax obligations for closely held business owners.

Jenny Estrada, Principal of Audit and Accounting Services at GSG, discusses all things audit and GSG – from breaking misconceptions around auditing, to what it’s like to work for the GSG audit department, to the common responsibilities for the job, and much more.

When it comes to providing paid family and medical leave for employees, big changes are on the horizon for all Maryland employers with the state’s PFML program. Now’s the time for careful planning and proactive decision-making.

In the NFP arena, accounting and auditing can be very nuanced – from identifying risks for net assets classifications to auditing the tracking of donor restrictions to contribution accounting.