April 18, 2018 Business Interest Expense Deductions Guidance The IRS has issued interim guidance on the new business interest expense deductions created by the Tax Cuts and Jobs … Read More
April 4, 2018 Section 163 (J) Interest Limitation Guidance On April 2, the U.S. Department of the Treasury and the IRS (Treasury) released Notice 2018-28 (the Notice) to provide … Read More
April 3, 2018 Section 199A Deduction for Qualified Business Income Congress has amended Section 199A to correct an inadvertent benefit provided to certain taxpayers related to sales of product to … Read More
March 23, 2018 Tax Reform Planning: 7 Things to Look Out For As the biggest change to the tax code in a generation, the new tax regime will have broad implications on … Read More
March 18, 2018 Disclosure Rules for CRS Avoidance Arrangements Disclosure rules to address Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures (Arrangements/Structures). Read More
March 16, 2018 The Pass-Through Provisions of the TCJA The Tax Cuts and Jobs Act established a deduction based on a noncorporate owner’s qualified business income (QBI). It’s available … Read More
March 3, 2018 Insight For Long Term Capital Gain Treatment On Thursday, March 1, 2018, the Internal Revenue Service (IRS) issued Notice 2018-18 (the “Notice”) announcing the intention on the … Read More
February 19, 2018 NY Commercial Rent Changes for Small Businesses On December 22, 2017, New York City Mayor Bill de Blasio amended New York City’s Commercial Rent Tax (CRT) Law … Read More
January 27, 2018 Section 199A Deduction of Qualified Business Income of Pass-Through Entities On Friday, December 22, President Trump signed sweeping tax reform (the “Act”) into law. The Act provides the most comprehensive … Read More
January 27, 2018 NY Life Sciences Refundable R&D Tax Credit On January 24, 2018, The New York Department of Economic Development adopted the Life Sciences Research and Development Tax Credit … Read More
January 22, 2018 Treasury Provides Guidance with Repeal of Section 958 On January 19, 2018, the Department of the Treasury and the Internal Revenue Service (collectively, “Treasury”) issued Notice 2018-13 (the … Read More
January 18, 2018 Opportunity Zones In Low Income Communities Taxpayers investing capital gains from the sale or exchange of property in a Qualified Opportunity Fund may elect to defer … Read More
