HOT TOPICS / INSIGHTS

Industry Insights
Hot Topics / Insights
September082015
New Safe Harbor for Ratable Service Contracts

Berdon Tax Team 09.08.2015 | eVisor Accrual method taxpayers are permitted to deduct the costs of services as they are provided. However, current rules do not offer guidance as to […]

September032015
To condo or not to condo: That is the question for owners

Meyer Mintz, CPA, J.D. LL.M. 09.03.2015 | Real Estate Weekly With the condominium market heating up in many areas across the country, some real estate owners are tempted to take […]

August052015
Pension Plan Lump Sum Payments Halted by IRS

Berdon Tax Team 08.05.2015 | eVisor The IRS has dealt a blow to pension plans looking to replace annuity payments with lump sum payouts. A July 9, 2015 notice1 announcing […]

August052015
UK OK’s Tax Credit for US LLC Shares

On July 1, 2015, the Supreme Court of the United Kingdom held that a British citizens’ share of the profits in a Delaware limited liability company (LLC) qualified for a […]

August042015
Employers may be Penalized for Subsidizing Employee Medical Costs

Berdon Tax Team 08.04.2015 | eVisor Newly instituted rules1 could result in small employers being penalized for subsidizing employee medical costs. Obamacare exempts small employers- those with fewer than 50 […]

August012015
Sales and Use Tax Issues Specific to Hotel Occupancy

Les Rosenbaum08.01.2015 | Berdon Resources Imposition and Definitions The tax law imposes the New York State and local sales tax on the rent for every occupancy of a room or […]

August012015
Avoiding Financial Holes in Plan Operations

Joseph Reinhardt, CPA 08.01.2015 | Benefits Magazine Controlling the cost of benefits without sacrificing plan quality is a constant challenge. Many employee benefit plan managers shop their plans, endeavoring to […]

July162015
Limitations on Family Discounts Possible this Fall

Scott Ditman, CPA/PFS and Marco Svagna, CPA 07.16.2015 | eVisor Family limited partnerships and limited liability companies continue to be popular estate planning vehicles due to the availability of significant […]

July092015
Tax Requirements for Household Help

Personal Wealth Services Group 07.09.2015 | eVisor Families who employ full-time household help often make inadvertent reporting mistakes that can become both costly and stressful when first discovered by state […]