Hot Topics / Insights
June082021
The NYS Pass-Through Entity Tax … Pay This Tax To Pay Less Tax
Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D. 6.8.21 | Client Alert For tax years beginning on or after January 1, 2021, eligible pass-through entities may elect to […]
April272021
Initial Restaurant Revitalization Fund Guidance and Application Released
Joseph Most, J.D. 4.27.21 | Client Alert On April 17, 2021, the Small Business Association (“SBA”) released a sample application form and program guidance for the Restaurant Revitalization Fund (“RRF”). […]
April122021
NY State Budget Unleashes Aggressive Tax Hikes
Wayne Berkowitz, CPA, J.D., LL.M., Richard Goldstein, J.D., and Ken Maeng, J.D. 4.12.21 | Client Alert As of April 6, 2021, the Governor of New York State, Andrew Cuomo, and […]
March302021
New Enhancements to the PPP and EIDL Small Business Aid Programs
Joseph Most, J.D. and Shayna Byrne, J.D. 3.30.21 | Client Alert SBA Increases Maximum COVID-19 EIDL and Extends Measurement Period On March 24, the Small Business Administration (SBA) announced that […]
March292021
How Will President Biden’s Tax Plan Impact Income Taxes on Businesses and Their Principals
Daniel A. Shapiro, CPA, J.D., LL.M. and Naya Pearlman, CPA, J.D., LL.M. 3.29.21 | BERDON VISION Corporations For corporate taxpayers, President Biden’s tax plan would increase the tax rate to […]
March292021
Preparing for President Biden’s Tax Increases
3.29.21 | BERDON VISION In all likelihood, the next phase of President Biden’s economic agenda will involve tax legislation. With a divided 50-50 Senate and Vice President Harris as the […]
March292021
How Will President Biden’s Tax Plan Impact Income Taxes for High Net Worth Individuals and Their Families?
Veronique Horne, J.D. and Scott T. Ditman, CPA/PFS 3.29.21 | BERDON VISION The tax proposals set forth by President Biden will likely result in a tax increase for high income […]
March292021
How Will President Biden’s Tax Plan Impact Estate and Gift Taxes for Business Owners and High Net Worth Families?
Veronique Horne, J.D. and Scott T. Ditman, CPA/PFS 3.29.21 | BERDON VISION President Biden’s estate tax proposal includes a reduction of the estate exemption, increased estate tax rates, and the […]
March232021
Get Ready for Shuttered Venue Grants – SBA Will Begin Accepting Applications On April 8
Naya Pearlman, CPA, J.D., LL.M. and Nastassia Koyfman, J.D., LL.M. 3.23.21 | Client Alert As efforts to increase mass vaccination are underway, there are hopes of once again attending live […]