HOT TOPICS / INSIGHTS

Hot Topics / Insights
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
Increased Penalties for Information Returns & Payee Statements, Family Discounts Targeted

Berdon Tax Team 07.16.2015 | eVisor As part of the recently enacted Trade Preferences Act of 20151, the penalties for failures to file correct and timely information returns and corresponding […]

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 […]

July142015
Real Estate

Cashing Out Residential Real Estate – To Condo or Not to Condo Meyer Mintz, CPA, J.D., LL.M., Berdon LLP, New York Real Estate Accountants

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 […]

July072015
IRS Caps FBAR Penalties

07.07.2015 | eVisor New IRS guidance1 places a cap on the maximum percentage of the penalty for failing to file a Foreign Bank and Financial Account Report (FBAR). In a […]