COVID-19 Impact and Response

Tax Regulation and Accounting Updates COVID-19 Impact and Response

Tax Regulation and Accounting Updates

COVID-19 IMPACT AND RESPONSE

1.21.21 | CAA 2021 Provides Extended and Expanded Business Relief Options | Nastassia Koyfman, J.D., LL.M.,  Quentin Marchal, LL.M. and Shayna Byrne, J.D.

1.20.21 | Stimulus Allows Employee Retention Credits to be Taken with PPP Loans | Naya Pearlman, J.D., LL.M. and Nastassia Koyfman, J.D., LL.M.

1.19.21 | You Mean I Can Fully Deduct My Business Meal? | Sanford Stolar, CPA and Jessica Woolley, CPA

1.07.21 | PPP 2.0 – Stimulus Bill Upgrades the PPP | Joseph Most, J.D. and Shayna Byrne, J.D.

1.06.21 | NYS Acts to Prevent Evictions and Foreclosures and Protect Property Owners | Mitchell Marcus, CPA

12.28.20 | Congress Reaches New Stimulus Deal for COVID-19 Economic Relief | Naya Pearlman, J.D., LL.M.

12.21.20 | SBA Formally Releases Loan Necessity Questionnaire | Joseph Most, J.D.

Additional COVID-19 information below.

6.26.20 | NYC Council Approves Bill to Reduce Interest Rate for Late Payments of Certain Property Tax Payments Due July 1, 2020 | Wayne Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D.

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

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

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

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

5.26.20 | IRS Guidance on COVID-19 Related Relief for Cafeteria Plans and Flex Spending Arrangements | Shayna Byrne, J.D.

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

5.08.20 | Suspension of Excess Business Loss Limitation for Tax Years 2018-2020 Presents Opportunities and Issues | Nastassia Koyman, J.D., LL.M.

5.06.20 | 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 | 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.

5.01.20 | IRS Issues Notice Addressing Deductibility of Business Expenses Paid with PPP | Joseph Most, J.D.

4.28.20 | New Ways to Claim 2018-2020 NOLs Under CARES Act | Nastassia Koyfman, 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

4.23.20 | State Nexus Implications of Telecommuting Due to the COVID-19 Pandemic | Sarah Kim, J.D., LL.M.

4.22.20 | Interaction of Payroll Tax Deferral and PPP Loans | Nastassia Koyfman, J.D., LL.M.

4.17.20 | COVID-19 Payroll Credits and the Benefit of Filing Form 7200 for Advanced Refunds | Geoffrey Kayton, CPA

4.16.20 | COVID-19 and the Unintended Resident; the Good, the Bad, and the Ugly | Lisa Goldman, CPA, TEP, M.Tax

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

4.08.20 | 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

4.07.20 | Financial Reporting Considerations Related to COVID-19 | Grace Singer, CPA and Angela Katehis, CPA

4.06.20 | How the CARES Act and Operational Adjustments Can Help Businesses Survive COVID-19 | Marcy Greenfield, CPA and Ian Alberts, CPA

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.

3.30.20 | 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.

3.27.20 | CARES Act Injects Massive Stimulus into the American Economy | Naya Pearlman

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

3.23.20 | 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 | 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 | BLOGS:  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.

3.19.20 | Tax Relief under Families First Coronavirus Response Act | Naya Pearlman, J.D., LL.M., Ken H. Maeng, J.D. and Shayna Byrne, J.D.

3.18.20 | 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.

3.17.20 | Tax Commission Decides Not to Extend Deadline for Submission of Supplemental Income and Expense Data

 

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