Preparation, Safety, Continuity
To assist clients during these uncertain times, Berdon 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.
Our COVID-19 Information Center provides relevant material that may be helpful in successfully adjusting to, and sustaining in, the current environment.
To share your questions/concerns, please access the WE LISTEN tab below.
COVID-19 IMPACT AND RESPONSE
6.04.20 | FASB Relief Permits One-Year Delay on Revenue Recognition and Leases Standards | Grace Singer, CPA
6.04.20 | Third Party Service Providers May Be Putting Your Business at Risk | Alexander Moshinsky, CPA
6.01.20 | VIDEO: The COVID-19 Pandemic’s Impact on Business Operations | Rebecca Goodman-Stephens and Frank Vitale
6.01.20 | Election to Accelerate Disaster Loss Deductions May Create Cash Flow Opportunities | Ken Maeng, J.D. and Shayne Byrne, J.D.
Additional COVID-19 information below.
COVID-19 Impact and Response:
5.29.20 | SBA Issues New PPP Guidance on Loan Forgiveness | Naya Pearlman, J.D., LL.M.
5.26.20 | IRS Guidance on COVID-19 Related Relief for Cafeteria Plans and Flex Spending Arrangements | Shayna Byrne, J.D.
5.21.20 | Reopening NYC’s Restaurants – The Challenges, The Opportunities | Igor Kumits, CPA
5.21.20 | Emerging Strong After COVID-19 | John Fitzgerald, CPA
5.20.20 | Quarantine and the Accidental State and Local Tax Resident | Richard Goldstein, J.D.
5.20.20 | RPIE Due Date Extended and Other Important Changes | William Craine, CPA
5.20.20 | First Look at Key Aspect’s of the PPP’s Loan Forgiveness Process | Joseph Most, J.D.
5.19.20 | COVID-19 Business Interruption Claims – There’s Still Hope | John Fitzgerald, CPA
5.19.20 | Federal Reserve Announces Changes to the Main Street Lending Program | Joseph Most, J.D., Shayna Byrne, J.D. and Ken Maeng, J.D.
5.15.20 | SBA Issues New FAQs and IFR to Provide More Clarity on PPP Loan Program | Joseph Most, J.D.
5.15.20 | VIDEO: Business Continuity Questions Family Offices Should be Considering | Elizabeth Zabludoff
5.11.20 | WEBINAR: Coming Back to Healthy Buildings – Planning for Post-COVID-19
5.08.20 | Suspension of Excess Business Loss Limitation for Tax Years 2018-2020 Presents Opportunities and Issues | Nastassia Koyman, J.D., LL.M.
5.06.20 | SBA Provides Safe Harbor for Returning PPP Funds | Joseph Most, J.D.
5.06.20 | Historic Gifting Opportunity in the Time of COVID-19 | Melissa Abbott, CPA, J.D., Marco Svagna, CPA and Scott T. Ditman, CPA/PFS
COVID-19 Impact and Response:
5.05.20 | Hoteliers and Restaurateurs: How Forgivable Are Your PPP Loans? | Jack Pulvirenti, CPA
5.05.20 | General Overview of the Factors and Considerations in Terminating a New York City Domicile and Establishing a New Domicile only in New York State | Wayne K. Berkowitz, CPA, J.D., LL.M.
5.04.20 | Pandemic Heightens Need for Vigilant Cybersecurity | Alex Moshinsky, CPA
5.01.20 | IRS Issues Notice Addressing Deductibility of Business Expenses Paid with PPP | Joseph Most, J.D.
4.29.20 | VIDEO: The COVID-19 Pandemic’s Impact on U.S. Tax Residency | Lisa Goldman, CPA, TEP, M.Tax and Frank Vitale
4.28.20 | VIDEO: The COVID-19 Pandemic’s Impact of Businesses – Manufacturing, Distribution and Retail | Marcy Greenfield, CPA and Frank Vitale
4.28.20 | New Ways to Claim 2018-2020 NOLs Under CARES Act | Nastassia Koyman, J.D., LL.M.
4.25.20 | Major Shocks, Like COVID-19, Signal a Review of Your Estate Plan | Melissa Abbott, CPA and Scott T. Ditman, CPA/PFS
4.24.20 | IRS Issues New Guidance Addressing COVID-19 Travel Disruptions and the Impact on U.S. Tax Residency | Lisa Goldman, CPA, TEP, M. Tax and Rebeccah Fontaine, J.D., LL.M.
4.24.20 | More Funds Approved for SBA’s Paycheck Protection Program | Naya Pearlman, J.D., LL.M.
4.23.20 | State Nexus Implications of Telecommuting Due to the COVID-19 Pandemic | Sarah Kim, J.D., LL.M.
4.23.20 | VIDEO: The COVID-19 Pandemic’s Impact on Industries – Law Firms | John Fitzgerald, CPA and Frank Vitale
4.22.20 | Interaction of Payroll Tax Deferral and PPP Loans | Nastassia Koyfman, J.D., LL.M.
COVID-19 Impact and Response:
4.22.20 | Major Life Shocks, Like COVID-19, Signal a Review of Your Estate Plan | Scott T. Ditman, CPA/PFS and Melissa Abbott, CPA, J.D.
4.22.20 | IRS Releases New Guidance to Claim Net Operating Loss | Nastassia Koyfman, J.D., LL.M.
4.20.20 | The Key Ingredients for a Successful Remote Administrative Workforce | Jason Lloyd
4.20.20 | Best Practices for Maximizing Loan Forgiveness Under the Paycheck Protection Program | John Fitzgerald, CPA
4.17.20 | COVID-19 Payroll Credits and the Benefit of Filing Form 7200 for Advanced Refunds | Geoffrey Kayton, CPA
4.16.20 | SBA Issues Third Interim Final Rule Providing More Guidance on PPP | Joseph Most, J.D.
4.16.20 | COVID-19 and the Unintended Resident; the Good, the Bad, and the Ugly | Lisa Goldman, CPA, TEP, M.Tax
4.14.20 | Federal Reserve Creates Small and Mid-sized Company Loan Facilities Under the CARES Act | Joseph Most, J.D.
4.14.20 | Are Your Internal Controls Still Effective? | Alexander Moshinsky, CPA
4.13.20 | My REIT Partner Wants … To Know How the CARES Act Affects Our Business | Evan Fox, J.D., LL.M.
4.13.20 | CARES Act – Individual Tax Relief | Veronique Horne, J.D., and Shayna Byrne, J.D.
4.13.20 | IRS Updates Deadlines, Expands List | Ben Westbrook
4.09.20 | CARES Act – Unemployment Assistance | Veronique Horne, J.D. and Geoffrey Kayton, CPA
4.08.20 | WEBINAR: Remote Workforce Revolution | Align and Berdon LLP
COVID-19 Impact and Response:
4.08.20 | VIDEO: COVID-19 Pandemic’s Impact on State Residency: PART 1 and PART 2 | Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D. – UPDATED 4.15.20
4.08.20 | COVID-19 Pandemic’s Impact on the Real Estate Industry | Geoffrey Kayton, CPA
4.08.20 | COVID-19 and Its Impact on NYC Property Managers | Jonathen Scalzitti, CPA
4.07.20 | Financial Reporting Considerations Related to COVID-19 | Grace Singer, CPA and Angela Katehis, CPA
4.07.20 | SBA Issues New Guidance on Paycheck Protection Program | Joseph Most, J.D.
4.07.20 | COVID-19 Pandemic: Business Relief Options Analysis | Nastassia Koyfman, J.D., LL.M. and Shayna Byrne, J.D. – UPDATED 4.13.20
4.06.20 | How the CARES Act and Operational Adjustments Can Help Businesses Survive COVID-19 | Marcy Greenfield, CPA and Ian Alberts, CPA
4.06.20 | SBA issued an Interim Final Rule relating to PPP | Joseph Most, J.D.
4.02.20 | CARES Act Relaxes Limits on Deducting Business Interest Expense | Thea Kruger, J.D., LL.M. and Nastassia Koyman, J.D., LL.M.
4.01.20 | Summary of Employee Retention Credit and Deferral of Payroll Taxes | Shayna Byrne, J.D.
3.31.20 | CARES Act Designates Qualified Improvement Property (QIP) | Marc Ausfresser, J.D., LL.M.
3.30.20 | CARES Act Provides Significant Relief for Small Businesses | Joseph Most, J.D. and Ken Maeng, J.D.
3.30.20 | NY Executive Order Extends Tax Due Date to July 15 | Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.
COVID-19 Impact and Response:
3.30.20 | IRS Updates Guidance on Gift Tax Filings and Payments | Naya Pearlman, J.D., LL.M.
3.27.20 | CARES Act Injects Massive Stimulus into the American Economy | Naya Pearlman
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 | Managing Cash Flow and Liquidity During the Crisis | Marcus Hahn
3.24.20 | Berdon LLP Response Update – Message from our Managing Partners
3.23.20 | IRS Extends April 15 Deadline and Lifts Cap on Postponed Payments | Naya Pearlman – UPDATED 3.28.20
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 | 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
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 | NYC Business Tax Filing Extensions and the COVID-19 Outbreak | Wayne K. Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.
COVID-19 Impact and Response:
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
3.20.20 | U.S. Extends Tax Filing Deadline to July 15 | Naya Pearlman, J.D., LL.M.
3.19.20 | Tax Relief under Families First Coronavirus Response Act | Naya Pearlman, J.D., LL.M., Ken H. Maeng, J.D. and Shayna Byrne, J.D.
3.19.20 | The Families First Coronavirus Response Act: What You Need to Know
3.18.20 | Individual State Tax Updates | Wayne K. Berkowitz – UPDATED 4.16.20
3.18.20 | Treasury and IRS Extend April 15 Deadline to July 15 | Naya Pearlman, J.D., LL.M.
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:
Internal Revenue Service – Coronavirus
Centers for Disease Control – NYC
New York State Department of Health – COVID-19