Hot Topics / Insights
Clarity on Cancellation of Debt Rules

08.03.2016 | eVisor The IRS has finalized regulations1 for determining who is the “taxpayer” in applying the insolvency and bankruptcy exceptions to discharge-of-indebtedness rules to a grantor trust or disregarded […]

IRS Changing the Way it Examines Tax-Exempts – Penalties Expected to Rise

08.03.2016 | eVisor It appears that the IRS has been increasing the number of audits it is conducting of tax-exempt organizations and is more likely to assess penalties. The IRS […]

Financing Options to Help Drive the Success of M&D Businesses

Manufacturing | Distribution | Retail Practice 08.01.2016 | Hauppauge Reporter For companies to grow and thrive in today’s business environment, access to capital is critical, particularly in the manufacturing and […]

Tax Benefits of Owning Small Business Stock – A Neglected Opportunity

Berdon Tax Team 07.26.2016 | Client Alert One of the unheralded tax provisions of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) was the reinstatement of the […]

Avoiding Residency Audits

Wayne Berkowitz, CPA, J.D., LL.M.

Creating a Lateral Plan that Will Work

John Fitzgerald and Vincent Bell, Upstream Consulting Group 07.19.2016 | Practice Made Perfect In an industry facing a decrease in billable hours per attorney, flat budgets at clients, and an […]

Audit Scam Warning, Identity Protection, IRA Funding Denied

The increase in telephone scams, phishing activity, and identity theft has resulted in a new policy as of May 6, 2016, from the Internal Revenue Service: When launching an audit, […]

IRA Funding Structure Ruled a Prohibited Transaction

07.13.2016 | eVisor The Tax Court held that a couple participated in a prohibited transaction by personally guaranteeing loans to a company owned by their IRAs.1 This left them liable […]

IRS Expands Scope of Tax Relief for Identity Protection Services

07.13.2016 | eVisor Recognizing the increasing threat of identity fraud today, the IRS has expanded the scope of its tax treatment of identity protection services provided to employees to coverage […]