Articles

Articles January 18, 2021 NY Property Taxes in a COVID/Post-COVD Environment

New York property owners will need to rely on the administrative and judicial appeal process to address the myriad of problems confronting the real estate industry, including excessive property taxes.

Articles January 18, 2021 Final Regulations Issued on Treatment of Carried Interests

Treasury and the IRS and Treasury issued final regulations under IRC Sec. 1061 (“Partnership Interests Held in Connection with Performance of Services”), which was added to the Internal Revenue Code by the 2017 Tax Cuts and Jobs Act. ”).

Articles January 15, 2021 What You Need to Know About U.S. Investment in Foreign Real Estate

Tax and non-tax considerations in owning or investing in foreign real estate in a foreign country, tax credits and reporting requirements.

Articles January 12, 2021 First Guidance Issued for New Paycheck Protection Program Loans

The Small Business Administration and the Department of the Treasury have begun releasing guidance for the reopened Paycheck Protection Program (“PPP”) for “First Draw” PPP loans and for the new “Second Draw” PPP loans, both provided for under the re…

Articles January 08, 2021 Reflecting on 2020, The Year of the IPO?

2020 will be remembered as the year the term “work from home” reached a new level. Yet through it all, a vaccine for COVID-19 got started, tested and finalized within a calendar year—demonstrating the appetite for investors believing in science and g…

Articles January 08, 2021 Technology Disruption

2020 was extremely challenging yet through it all, technology innovation has allowed many to stay connected with one another, continue working and even enable on-line commerce while physical locations were shut down. In fact, technology-focused compa…

Articles January 07, 2021 Outlook for the Biopharmaceutical Industry in 2021 Following Biden’s Victory

President-Elect Biden has a history of working with the biopharmaceutical industry, which is expected to continue during his term in office. This article examines just a few points of focus.

Articles January 06, 2021 Project Cost Controls and Processes for Construction Contractors

Project cost control for construction contractors. Consistent project cost reporting is necessary for effective accounting control. It is important that all aspects of the cost control process are objectively assessed to improve the weak areas. For m…

Articles December 28, 2020 The Consolidated Appropriations Act, 2021

This article is a high-level summary of selected tax and related provisions contained in the Consolidated Appropriations Act, 2021.