HOT TOPICS / INSIGHTS

Client Alerts
Hot Topics / Insights
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 […]

September262018
Qualified Opportunity Zones – Invest in Low-income Communities (Part I)

Geoff Kayton, CPA 09.26.2018 | Client Alert This alert focuses on a new incentive added to the tax code by the Tax Cuts and Jobs Act (TCJA), which applies to […]

September262018
Qualified Opportunity Zones – The Uncertainties (Part II)

Geoff Kayton, CPA 09.26.2018 | Client Alert As with many of the provisions of the Tax Cuts and Jobs Act (TCJA), there are still a number of open questions and […]

September132018
New Leasing Standard — Compliance Yields Benefits

David Chimon, CPA 09.13.2018 | Client Alert The fundamental change coming to organizations that lease buildings, equipment, or other assets is no longer on the distant horizon. It is nearly […]

September122018
Provision May Substantially Increase Tax-Exempt’s UBIT

Berdon Tax Team 09.12.2018 | Client Alert A little-noticed provision in the Tax Cuts and Jobs Act (TCJA) could significantly impact tax-exempt organizations by increasing their unrelated business income tax […]

July232018
Trustee Fees Still Deductible Following TCJA

Berdon Tax Team 07.23.2018 | Client Alert In Notice 2018-61 (Notice), the IRS recently announced its and Treasury’s intention to issue regulations clarifying the deductibility of certain trust and estate […]