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Tax Issues in Divorce: Before and After Tax Reform
Federal Taxation
This is a three-part piece focusing on tax issues in divorce before and after tax reform. Stay tuned for pieces in the…
Read More
IRC Section 163(j) Update, Including Highlights of CARES Act Modifications and IRS Final Regulations
Federal Taxation
This article summarizes the key highlights of the Coronavirus Aid, Relief, and Economic Security (CARES) Act modifications…
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Cannabis Tax Update
Federal Taxation
There are many factors that set the cannabis industry apart from other business sectors–chief among them, the unique tax…
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New York Issues Guidance on How to Report the Decoupling from the CARES Act on the Personal Income on Tax Forms IT-201, IT-203, IT-204 and IT-205
State Taxation
Ever since New York decoupled from the Coronavirus Aid, Relief, and Economic Security (CARES) Act in the 2020/21 Budget Act,…
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PPP Loan Forgiveness Update
Federal Taxation
In response to COVID-19, the Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted whereby Paycheck…
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SALT Business: A Glimpse in the Eye of the Pandemic
State Taxation
There has been no shortage of excitement in the State and Local Tax (SALT) world this year. Between state-issued COVID-19…
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Stuck in the Middle with You: The Rise of the Independent Sponsor in the Middle and Lower Middle Market
State Taxation
The independent sponsor (formerly known as “fundless sponsors”) is an equity sponsor that seeks to purchase (generally)…
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Common Cryptocurrency Frauds
State Taxation
Bitcoin was first introduced to the world in 2009 after the global economic crisis. Bitcoin developers wanted to empower…
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A Tale of Two Citizenships: Taxation of American Citizens with Dual Citizenship Living Abroad
Federal Taxation
According to a recent New York Times article,[1] the current pandemic in the United States has created an uptick in the…
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