HOT TOPICS / INSIGHTS

Hot Topics / Insights
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 […]

March192021
American Rescue Plan Provides New Relief Program for the Restaurant Industry

Joseph Most, J.D. 3.19.21 | Client Alert The latest round of government stimulus, the American Rescue Plan (“ARP”) Act, signed into law earlier this month, includes a new relief program […]

March182021
IRS Extends 2020 Individual Tax Filings and Payments to May 17

Ben Westbrook | Director of Tax Operations 3.18.21 | Client Alert The IRS recently announced via a news release that the deadline for the federal income tax filing and payment […]

March182021
New York’s SHIELD Act Is More Important Than Ever

Alexander Moshinsky, CPA, Berdon LLP, and John T. Araneo, Managing Director, Align Cybersecurity 3.18.21 | Berdon VISION The SHIELD Act amends preexisting New York laws, creating a broader reach with […]

March112021
More Tax Relief Under 1.9 Trillion American Rescue Plan

By Naya Pearlman, CPA, J.D., LL.M. and Ken Maeng, J.D. 3.11.21 | Client Alert President Biden is expected to sign into law the American Rescue Plan (ARP) Act of 2021. […]

March092021
IRS Makes Favorable Changes to PPP Loan Calculations for the Self-Employed

Joseph Most, J.D. 3.9.21 | Client Alert Last week, the Small Business Administration (SBA) released a new Interim Final Rule (IFR) addressing Paycheck Protection Program (PPP) loan amount calculations for […]

March092021
Employers Previously Ineligible for the ERC Due to PPP Loans May Be Eligible to Claim Payroll Tax Refunds

Naya Pearlman, CPA, J.D., LL.M. 3.9.21 | Client Alert Last week, the Internal Revenue Service (IRS) issued Notice 2021-20, which provides information for employers claiming both the Employee Retention Credit […]

March082021
The Challenge of Business Impairment Testing

Jonathen D. Scalzitti, CPA, Cecilia Kao, CPA, and Ryan Dolan, CPA 3.8.21 | Industry Insights Among the many detrimental consequences of COVID-19 were business and production disruptions, supply chain interruptions, […]

March012021
The Great Engine of Change: How Automation is Transforming American Manufacturing, Distribution, and Retail

Marcy Greenfield, CPA and Robert Pokorny, CPA 3.1.21 | Industry Insights In his book, The Fourth Industrial Revolution, the economist Klaus Schwab wrote about an impending revolution brought about by […]