HOT TOPICS / INSIGHTS

Client Alerts
Hot Topics / Insights
August132020
Accounting for Various Matters Related to COVID-19

Smit Shah, CPA 8.13.20 | Vision 2020 – COVID-19 Update Previously, Berdon LLP published an article on accounting for Paycheck Protection Program (PPP) loans, which can be used to pay […]

August062020
GILTI Pleasures – High Tax Exclusion Among Other Planning Opportunities

Lisa Goldman, CPA, TEP, M. Tax and Rebeccah Fontaine, J.D., LL.M. 8.6.20 | Client Alert The IRS recently issued regulations related to an exclusion of taxable income under the global […]

July302020
NYC Unincorporated Business Tax – Impact of Telecommuting on Allocation of Income from Taxable Services

Richard Goldstein, J.D. 7.30.20 | Client Alert – COVID-19 Update Due to the COVID-19 pandemic, the allocation of income from taxable services, and the associated NYC Unincorporated Business Tax (UBT) […]

July302020
Navigating Through QIP and 163(j) Opt-Out Election Changes

Naya Pearlman, J.D., LL.M. and Nastassia Koyfman, J.D., LL.M. 7.30.20 | Tax Notes® Federal [June 22, 2020] The impact of the Coronavirus Aid, Relief, and Economic Security (CARES) Act means […]

July292020
Paycheck Protection Program (PPP) Loan Forgiveness – Maintaining FTE and Salary Levels

Joseph Most. J.D. 7.29.20 | Client Alert – COVID-19  Update The combination of many applicants having used all of their PPP funds and the ability to apply for loan forgiveness […]

July022020
Congress Passes Paycheck Protection Program Extension

Joseph Most, J.D. 7.2.2020 | Client Alert – COVID-19 Update Originally slated to expire on June 30, 2020, both the House and Senate have passed a bill that will extend […]

July022020
Protective Refund Claims for ACA-Related Income Taxes

Naya Pearlman, J.D., LL.M. 7.2.2020 | Client Alert The U.S. Supreme Court recently announced that it will hear a case that challenges the constitutionality of the individual mandate under The […]

July022020
IRS Relief for Individuals Taking Retirement Plan Distributions in 2020

Sanford Stolar, CPA and Shayna Byrne, J.D. 7.2.20 | Client Alert – COVID-19 Update Section 2203 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act temporarily suspends the required […]

June302020
PPP Roundup and a Simplified Borrowers’ Guide to PPP Updates

Joseph Most, J.D. and Shayna Byrne, J.D. 6.30.20 | Client Alert – COVID-19 Update The Paycheck Protection Program (PPP), first signed into law on March 27, 2020 as part of […]