Articles

Articles May 04, 2021 10 Strategies for Hotel Owners/Operators to Navigate the Recovery

Large events and international travel are expected to recover in Q3 2021. Leisure travel is expected to recover more rapidly. Here are 10 strategies for hotel owners/operators to help navigate the recovery.

Articles April 30, 2021 Looking Beyond Near-Term Recovery: The Sustainability of U.S. Economic Expansion

A review of recent and projected economic activity in the U.S., in light of the pandemic and efforts to spur recovery.

Articles April 29, 2021 The American Families Proposal – The Tax Plan Within

An itemized look at President Biden’s $1.8 trillion American Families Plan, a ten-year plan of increased federal government support of education, child care, paid leave, nutrition and families.

Articles April 28, 2021 Treasury/IRS Provide Safe Harbor for Deducting Original PPP Loan Expenses

Coverage of Revenue Procedure 2021-20 and its safe harbor for taxpayers that received a loan pursuant to the PPP and did not deduct certain otherwise deductible expenses paid or incurred.

Articles April 28, 2021 Understanding the Restaurant Revitalization Fund and 7 Tips to Ease the Application Process

ARPA has appropriated $28.6 billion to the Restaurant Revitalization Fund. This article features a look at how fund will provide support to eligible restaurants, bars, and other similar places of business, as well as seven points to ease the applica…

Articles April 23, 2021 Governor Cuomo Signs New York Budget

NY Governor Cuomo signed the state’s 2021/22 budget which includes increasing the tax rates for higher wage earners, creating a new pass-through entity tax, increasing the corporate franchise tax rate for certain taxpayers, and reinstating the capita…

Articles April 23, 2021 SPAC Warrants: 8 Frequently Asked Questions

A look at the SEC’s recent public statement on considerations for SPAC warrants and the resulting FAQs.

Articles April 13, 2021 3 Cyber Trends in 2021

This article looks at three trends we see emerging for IT departments as they embrace the new geographic challenges of employees and newly formed attacks from cyber bad actors: work from anywhere, new systems, and user education.

Articles April 13, 2021 IRS Notice 2021-25: Temporary 100% Deduction for Business Meal Expenses

IRS Notice 2021-25 provides guidance on the temporary 100% deductibility for food or beverages provided by a “restaurant” -- temporary in that it only applies to expenses that are paid or incurred after December 31, 2020 and before January 1, 2023.