COVID-19 Information Center

Preparation, Safety, Continuity COVID-19 Information Center

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

7.31.20 | Retail – Overcoming the COVID-19 Hurdles, Finding Opportunities | Marcy Greenfield, CPA and Anthony Graci, CPA

7.30.20 | NYC Unincorporated Business Tax – Impact of Telecommuting | Richard Goldstein, J.D.

7.30.20 | Navigating Through QIP and 163(j) Opt-Out Elections Changes | Naya Pearlman, J.D., LL.M. and Nastassia Koyman, J.D., LL.M.

7.29.20 | PPP Loan Forgiveness – Maintaining FTE and Salary Levels | Joseph Most, J.D.

7.10.20 | Accounting for a PPP Loan | Smit Shah, CPA

7.09.20 | Business Continuity Management Planning – Lessons Learned | Alexander Moshinsky, CPA

7.02.20 | VIDEO: Paycheck Protection Program Update | Joseph Most, J.D.

Additional COVID-19 information below.

COVID-19 Impact and Response:

7.02.20 | Congress Passes Paycheck Protection Program Extension | Joseph Most, J.D

7.02.20 | IRS Relief for Individuals Taking Retirement Plan Distributions in 2020 | Sanford Stolar, CPA and Shayna Byrne, J.D.

6.30.20 | PPP Roundup and a Simplified Borrowers’ Guide to PPP Updates | Joseph Most, J.D. and Shayna Byrne, J.D.

6.26.20 | NYC Council Approves Bill to Reduce Interest Rate for Late Payments of Certain Property Taxes | Wayne Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.

6.23.20 | A Borrower’s Guide to the Recent Updates to the Main Street Lending Program | Joseph Most, J.D., Shayna Byrne, J.D. and Ken Maeng, J.D.

6.22.20 | WEBINARS: COVID-19 State & Local Tax Impact on Individuals and Businesses | Wayne Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.

6.18.20 | SBA Releases Updated Loan Forgiveness Application | Joseph Most, J.D.

6.17.20 | Breaking the Chains: COVID-19’s Impact on Global Supply Chains | Ian Alberts, CPA and Christopher Taglianetti, CPA

6.17.20 | NYC Real Estate – Humility, Resiliency and Recovery | Geoffrey Kayton, CPA

6.16.20 | Last Chance to Obtain a PPP Loan | Joseph Most, J.D.

6.12.20 | IRS Provides COVID-19 Relief for QOZ Investors and QOFs | Nastassia Koyfman, J.D., LL.M.

6.05.20 | Congress Passes Paycheck Protection Program Fix | Joseph Most, J.D.

6.04.20 | FASB Relief Permits One-Year Delay on Revenue Recognition and Leases Standards | Grace Singer, CPA

COVID-19 Impact and Response:

6.04.20 | Third Party Service Providers May Be Putting Your Business at Risk | Alexander Moshinsky, CPA

6.01.20 | Election to Accelerate Disaster Loss Deductions May Create Cash Flow Opportunities | Ken Maeng, J.D. and Shayne Byrne, J.D.

6.01.20 | VIDEO: The COVID-19 Pandemic’s Impact on Business Operations | Rebecca Goodman-Stephens and Frank Vitale

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

COVID-19 Impact and Response:

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

5.05.20 | Hoteliers and Restaurateurs: How Forgivable Are Your PPP Loans? | Jack Pulvirenti, CPA

5.05.20 | General Overview of Factors and Considerations in Terminating a NYC Domicile and Establishing a New Domicile only in NYS | 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.

4.28.20 | 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.

4.27.20 | 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 | VIDEO: The COVID-19 Pandemic’s Impact on U.S. Tax Residency | Lisa Goldman, CPA, TEP, M.Tax and Frank Vitale

4.24.20 | More Funds Approved for SBA’s Paycheck Protection Program | Naya Pearlman, J.D., LL.M.

COVID-19 Impact and Response:

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

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.

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