Preparation, Safety, Continuity
Berdon LLP’s number one priority is the safety of our clients, colleagues and those that have been impacted directly by the virus. As we continue to implement measures to support official directives to help impede the spread of the COVID-19 virus, we understand our clients and friends are doing the same and are facing many challenges as a result of their efforts.
The “new normal” is requiring businesses and families to adjust their daily operations—from managing cash flow to transitioning to a fully remote workforce—and implement business continuity plans to help survive this public health crisis.
To assist our clients during these uncertain times, our professionals continue to serve as trusted advisors and are available to LISTEN to questions and concerns, work to help SOLVE problems and DO what they can to help develop and implement solutions.
The Berdon COVID-19 Information Center provides relevant material that may be helpful in successfully adjusting to the current environment.
To share your questions and/or concerns, please access the WE LISTEN tab below.
COVID-19 Impact and Response:
3.31.20 | CARES Act Designates Qualified Improvement Property (QIP) | Marc Ausfresser, J.D., LL.M.
3.30.20 | NY Executive Order Extends Tax Due Date to July 15 | Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.
3.30.20 | IRS Updates Guidance on Gift Tax Filings and Payments | Naya Pearlman, J.D., LL.M.
3.30.20 | CARES Act Provides Significant Relief for Small Businesses | Joseph Most, J.D. and Ken Maeng, J.D.
3.27.20 | CARES Act Injects Massive Stimulus into the American Economy | Naya Pearlman, J.D., LL.M.
3.25.20 | Managing the Business of Law with COVID-19 | John Fitzgerald, CPA and Christopher Imperiale, CPA
3.25.20 | SBA Economic Injury Disaster Loan Program Summary (Pre-CARES Act)
3.25.20 | IRS Responds to Questions on Gift Tax Filings, Information Returns, IRA Contributions, and More . . . | Naya Pearlman, J.D., LL.M. – UPDATED 3.28.20
3.24.20 | Berdon LLP Response Update – Message from our Managing Partners
3.24.20 | Managing Cash Flow and Liquidity During the Crisis | Marcus Hahn, CPA
3.23.20 | BLOG: SALT TALK: NYS Guidance Clarifies Penalty and Interest Relief for Late Payment of Sales Tax Due March 20th | Richard Goldstein, J.D.
3.23.20 | IRS Extends April 15 Deadline and Lifts Cap on Postponed Payments | Naya Pearlman, J.D., LL.M. – UPDATED 3.28.20
3.23.20 | NYC Waives Penalties for Late Real Property Transfer Tax Filing and Payment | Richard Goldstein, J.D. and Wayne K. Berkowitz, CPA, J.D., LL.M.
COVID-19 Impact and Response:
3.21.20 | Tax Commission of NY Extends Deadline for Submission of Supplemental Income and Expense Data
3.20.20 | BLOG: SALT TALK: Governor Cuomo’s Press Conference Leads to More Questions regarding NYS Tax Deadline | Wayne K. Berkowitz, CPA, J.D., LL.M.
3.20.20 | U.S. Extends Tax Filing Deadline to July 15 | Naya Pearlman, J.D., LL.M.
3.20.20 | NYC Business Tax Filing Extensions and the COVID-19 Outbreak | Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.
3.20.20 | REBNY Members Pledge 90 Day Hold on Retail, Restaurant Eviction | Matthew Doty, CPA
3.20.20 | COVID-19 – Managing the Impact on Hospitality | Jack Pulvirenti, CPA
3.19.20 | Tax Relief under Families First Coronavirus Response Act | Naya Pearlman, J.D., LLM, Ken H. Maeng, J.D. and Shayna Byre, J.D.
3.19.20 | The Families First Coronavirus Response Act: What You Need to Know
3.18.20 | Treasury and IRS Extend April 15 Deadline to July 15 | Naya Pearlman, J.D., LL.M.
3.18.20 | Individual State Tax Updates | Wayne K. Berkowitz, CPA, J.D., LL.M. – UPDATED 3.30.20
3.18.20 | How to Protect Your Business from Coronavirus Phishing & Cyber Scams
3.17.20 | Tax Commission Decides Not to Extend Deadline for Submission of Supplemental Income and Expense Data
3.17.20 | Berdon LLP Response Update – Message from our Managing Partners
3.16.20 | Working From Home: Tips to Promote Productivity
3.10.20 | Berdon LLP Response – Message from our Managing Partners
Additional Resources
Please access provided links for more information on relevant topics from outside sources:
WEBSITES
Internal Revenue Service – Coronavirus
Centers for Disease Control – NYC
New York State Department of Health – COVID-19
U.S. Small Business Administration (SBA) – Loan Resources
RELEVANT ARTICLES/NEWS BRIEFS
3.23.20 | Retailers Are Dangling Deals Online Amid Coronavirus, But Shoppers May Not Show Up | CNBC
3.20.20 | Millions of Americans Are Suddenly Working From Home. That’s A Huge Security Risk | CNN
3.20.20 | Cuomo Orders All Non-Essential New York Workers to Stay Home | CNN
3.19.20 | Fed Aims to Keep Dollars Flowing Globally in Nine New Agreements | The New York Times
3.18.20 | How Real Estate Execs Are Soldiering On As Pandemic Takes Hold | Bisnow
3.18.20 | Officials must do better this time with virus relief funds for business | Crains New York
3.17.20 | Debt Collection Suspended | Crains New York