By: Juliya L. Ismailov At the end of 2017, the Tax Cuts and Jobs Act ("TCJA") restricted like-kind exchanges under Sec. 1031 of the Tax...

By: Rachel Trickett and Maria Pigna On Monday December 14, 2020, a group of bipartisan lawmakers introduced the Emergency Coronavirus...

By: Rachel Trickett and Maria Pigna While “stimulus” COVID-19 relief may be uncertain, COVID-19 tax relief nonetheless may occur. While...

By: Maria Pigna and Rachel Trickett Certain provisions of the Biden Tax Plan could impact business planning. A lack of control of the US...

By: Rachel Trickett, Juliya L. Ismailov and Maria Pigna In Notice 2020-75, released on November 9, the Department of the Treasury and the...

By William L. Bricker, Jr., Rachel Trickett and Maria Pigna Taxpayers frequently anticipate that telecommuting from outside of New York...

By: William L. Bricker, Juliya L. Ismailov, Linda Galler and Rachel Trickett Partial Summary of the Biden Tax Plan [1] This note will...

By: Juliya L. Ismailov Clients often ask us whether their trust should be a "grantor" or "non-grantor" trust.  This is an income tax...

By: Linda Galler and Juliya L. Ismailov The IRS has provided short-term relief to non-US persons who did not anticipate meeting the...

By: Juliya L. Ismailov In the wake of major legislation, known as the CARES Act (as discussed in this prior article), passed in late...

By: Juliya L. Ismailov While the CARES Act is clear on the income tax treatment of the forgiven portion of a Payroll Payment Program...

By: William Bricker, Linda Galler and Juliya Ismailov The Paycheck Protection Program (“PPP”) is a popular feature of the CARES Act...

By: Linda Galler On April 18, the IRS issued Rev. Rul. 2020-11, establishing monthly applicable Federal rates (“AFRs”) for May 2020....

By: Juliya Ismailov During the COVID epidemic and related emergency actions taken by state and federal governments, we have been asked if...

By: Juliya Ismailov After the Senate previously passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, H.R. 748) on...

By: Samantha Levokove On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”)...

By: Samantha Levokove The IRS has issued Notice 2020-20, amplifying the relief previously provided in Notice 2020-18. Notice 2020-20...

By: Samantha Levokove, Linda Galler and William L. Bricker, Jr. In the wake of the novel coronavirus (COVID-19) pandemic, the IRS has...

By: William Bricker, Juliya Ismailov and Daniel King With the 2020 US presidential election season upon us, the million-dollar question...

By: Samantha Levokove, Linda Galler and William L. Bricker Jr. A federal district court judge [1] has ordered Microsoft to comply with...