Client Alerts
Hot Topics / Insights
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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

NJ Budget Impacts Individual and Business Tax, Calls for a Tax Amnesty

Berdon Tax Team 07.17.2018 | Client Alert New Jersey’s Fiscal Year 2019 Budget was passed and signed into law by Governor Murphy on July 2, 2018 by way of several […]

Cost Recovery Provisions in the Tax Cuts and Jobs Act

Berdon Tax Team 07.11.2018 | Client Alert The Tax Cuts and Jobs Act (the “TCJA”), enacted in December 2017, made significant changes to various cost recovery provisions. This alert discusses […]