Client Alerts

Client Alerts
Hot Topics / Insights
February072019
Becoming Less Valuable: S Corporation “Reasonable Compensation” in Light of IRC 199A

Evan Fox, J.D., LL.M. 02.07.19 | Client Alert Under Internal Revenue Code (IRC) Section 1366, shareholders of S Corporations report their share of net income as if it were directly […]

February052019
Section 199A: Treasury Regulations Answer Many Questions

Joseph Most, J.D. 02.05.19 | Client Alert Many, but not all, of the questions left open by Code Section 199A, the new provision added by the Tax Cuts and Jobs […]

January142019
Changes to Loss Provisions

Geoff Kayton, CPA 01.09.2019 | Client Alert Among the sweeping changes to the U.S. tax system made by the Tax Cuts and Jobs Act (TCJA) were modifications relating to the […]

December132018
IRS Late in Issuing Interim Guidance on Transportation Fringe Benefits

Jude Coard, CPA 12.13.2018 | Client Alert With the year nearly over, on 12.10.18 the IRS issued interim guidance for the treatment of qualified transportation fringe benefit expenses paid or […]

December122018
2018-19 Tax Planning Guide – Navigating the Sweeping Changes of the TCJA

12.12.2018 | Client Alert The impact of the massive Tax Cuts and Jobs Act (TCJA) will continue to be felt for the foreseeable future and will have a major influence […]

November162018
New Jersey Amnesty Program Launched – Runs Through January 15, 2019

State and Local Tax Team 11.16.2018 | Client Alert The State of New Jersey has finally announced the start date of the recently enacted amnesty program. Effective November 15, 2018, […]

November152018
Noteworthy COLA Adjustments for 2019

By Geoff Kayton, CPA 11.15.2018 | Client Alert Here are some notable costs of living adjustments (COLA) issued by the IRS. All are effective January 1, 2019. Social Security Benefit […]

November082018
Participate in NYS Employer Compensation Expense Program – December 1, 2018 Deadline

Wayne K. Berkowitz, CPA, J.D., LL.M. 11.08.2018 | Client Alert Participation and Election As a possible workaround to the limited SALT deduction, employers considering participation in the New York State […]

October092018
Interim Guidance Provided on Business Meals Deduction

Berdon Tax Team 10.09.2018 | Client Alert On October 5, 2018, the IRS issued Notice 2018-76 (Notice), which provides interim guidance on the deduction for business meals following the Tax […]