Hot Topics / Insights
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. […]
June222018
Most Impactful State and Local Tax Ruling in More Than 25 Years Expected to Significantly Alter E-Commerce Industry
State and Local Tax Group 06.22.2018 | Client Alert The U.S. Supreme Court has ruled in favor of South Dakota in a decision that will dramatically impact the way sales […]
June212018
Alimony Payments Costlier under the TCJA
Berdon Tax Team 06.21.2018 | Wealth of Insights With divorce, like marriage, comes major financial change, and it can be taxing. The new Tax Cut and Jobs Act (TCJA) will […]
June212018
Choosing Executors — A Life and Death Decision
Veronique Horne, J.D. 06.21.2018 | Wealth of Insights There are a few truly important decisions people make in their lives. Choosing the right people to carry out their will is […]
June212018
529 College Savings Plans are More Attractive than Ever
Abu Quayyum and Kevin Wong 06.21.2018 | Wealth of Insights Added to the tax code in 1996, Section 529 College Savings Plans (“529 plans”) have grown in popularity, leading to […]
June132018
U.S. Manufacturers Express Concern Over New Steel and Aluminum Tariffs
Manufacturing | Distribution | Retail Practice 06.13.2018 | Berdon Industry Insights Background Briefing On March 1st, President Donald Trump announced that his administration would be imposing a 25% tariff on […]
June072018
Hospitality and OTAs – Navigating Changes in Recognizing Revenue
Scott Heller, CPA 06.07.2018 | Berdon Industry Insights In an ideal world, most hotels would prefer only direct bookings, but this is neither possible nor always preferable in the age […]