HOT TOPICS / INSIGHTS

Industry Insights
Hot Topics / Insights
September182018
Understanding the Impact of the New Revenue Recognition Standard

Ian Alberts, CPA and Marcy Greenfield, CPA 09.20.2018 | Berdon Industry Insights The biggest change to accounting rules in over a decade is on the horizon and most privately owned […]

September142018
Not-for-Profits Challenged by the Rising Cost of Administration

Brian Sackstein, CPA 09.14.2018 | Long Island Business News Not-for-profit (NFP) organizations today are facing the rising cost of administration which threatens to drown them in a flood of operational […]

September252018
Qualified Retirement Plans – A Primer for Businesses

Saul. B. Brenner, CPA, J.D., LL.M. – Berdon LLP and John T. Grace – Chernoff Diamond & Co., LLC 09.25.2018 | Practice Made Perfect It is not unusual for business […]

September132018
“The Perfect Accounting Storm” is Coming: Is your Company Ready?

Smit Shah, CPA 09.13.2018 | Berdon Industry Insights The biggest change to accounting rules in over a decade is on the horizon and most privately owned businesses may not be […]

September112018
Financial Services: Are You Complying with NYS’s New Cybersecurity Mandates?

Alexander Moshinsky 09.11.2018 | Berdon Industry Insights After a series of rolling deadlines that began when New York State’s Cybersecurity Requirements for Financial Services Companies went into effect on March […]

August022018
Sales and Use Tax for the New York City Hotel Industry

Michael Geltuch 08.02.2018 | Berdon Industry Insights Notwithstanding the nearly $2 billion in tax revenue collected by New York City (NYC) annually, the hotel industry remains one of, if not, […]

July192018
Economic Substance Washing Away the Dream of Tax Benefits

Evan Fox, J.D., LL.M. 07.19.2018 | CryptoLogic Congress established the wash sale rules to disallow a tax deduction for a security sold at a loss in a wash sale. The […]

July092018
Tip Reporting Rules and Responsibilities

Thea Kruger, J.D., LL.M. 07.09.2018 | Berdon Industry Insights For restaurant owners, navigating the requirements surrounding employee tip income can prove challenging. Nevertheless, complying with the various tax and labor […]

June272018
Oopsie Daisy, Maybe: Diversifying your Built in Gains into Tax by contributing to a Crypto Investment Company

Evan Fox, J.D., LL.M. 06.27.2018 | CryptoLogic Ordinarily, property can be contributed to an entity by its owners in exchange for ownership interests without any recognition of gain or loss. […]