HOT TOPICS / INSIGHTS

Client Alerts
Hot Topics / Insights
January252018
New Business Interest Expense Deduction Limitation is a Game Changer

Thea Kruger, J.D., LL.M. 01.25.2018 | Client Alert The newly-enacted Tax Cuts and Jobs Act (TCJA) introduced rules that potentially limit the deductibility of business interest expense. Previously, these amounts […]

January192018
Supreme Court to Hear Internet Nexus Challenge

Berdon State and Local Tax Team 01.19.2018 | Client Alert In South Dakota v. Wayfair, Inc., et al, U.S., No. 17-494, the U.S. Supreme Court has agreed to revisit a […]

January172018
Taxes on Deemed Repatriation of Foreign Earnings May Affect You Soon!

Lisa Goldman, CPA 01.17.2018 | Client Alert The Tax Cuts and Jobs Act, enacted on December 22, 2017, made substantial changes to the taxation of international transactions. A significant component […]

January032018
New Filing Obligations for Foreign-Owned Domestic Disregarded Entities

Berdon Tax Team 01.03.2018 | Client Alert In December 2016, the Internal Revenue Service and the US Treasury Department issued final regulations subjecting non-US owned disregarded entities to US filing […]

December282017
Prepayment of Real Property Taxes

Berdon Tax Team 12.28.2017 | Client Alert On December 27, 2017, the IRS issued IR-2017-210 (the Advisory), providing guidance on the deductibility for federal income tax purposes of prepaid property […]

December262017
Executive Order Signed to Allow 2018 Property Tax Prepayment in New York State

12.26.2017 | Client Alert Governor Andrew M. Cuomo has signed an emergency Executive Order that will allow New Yorkers to prepay next year’s property taxes this year, before the new […]

December222017
President Trump Signs Tax Cuts and Jobs Act into Law

Berdon Tax Team 12.22.2017 | Client Alert The recently passed Tax Cuts and Jobs Act (the Act), which enacts the most comprehensive changes to the US tax system since 1986, […]

December112017
Tax Reform – Where the House and Senate Differ

Berdon Tax Team 12.11.2017 | Client Alert On December 2, 2017, the Senate approved – by a slim 51-49 margin – its tax reform bill. The bill now heads to […]

December012017
Changes to NYC Commercial Rent Tax – Potential Benefit to Small Businesses

State and Local Tax Team 12.01.2017 | Client Alert The New York City Council has passed a bill raising the rent threshold subject to New York City commercial rent tax […]