The Focus - Our Tax Newsletter |
Our Focus newsletter provides monthly tax trends and topics written by our professionals.
The Focus - Our Tax E-Newsletter | 05/29/2019Sales Tax Post Wayfair UpdateYou may recall that back in July 2018 I reported on the “recent” South Dakota v. Wayfair, Inc., et al. opinion. The opinion overturned the Supreme Court's long-standing decision made in Quill Corp. v. |
The Focus - Our Tax E-Newsletter | 05/29/2019Rental Activities & the Qualified Business Income DeductionThere are still many questions that arise as soon as anyone mentions the Qualified Business Income (QBI) Deduction. In our November Focus article, we took a look at various aspects of the deduction. |
The Focus - Our Tax E-Newsletter | 04/29/2019Beyond the Numbers: 2019 Best Places to Work in CNYDermody, Burke & Brown was named one of the 2019 top 40 Best Places to Work in Central New York, in the 50-100 employee category. |
The Focus - Our Tax E-Newsletter | 04/02/2019Net Operating Losses: Pre vs. Post Tax ReformDo you expect your business to have a loss in 2018, or in the future? The Tax Cuts and Jobs Act (TCJA) passed on December 22, 2017 significantly changed the tax code, with nearly every business and individual affected. |
The Focus - Our Tax E-Newsletter | 03/27/2019Tax Treatment of SettlementsThe case is closed and you just received your settlement or litigation award payment. Just when you thought it was all over, Uncle Sam is knocking at your door looking for his share. You cry objection! Unfortunately, your objection may be… |
The Focus - Our Tax E-Newsletter | 03/27/2019Beyond the Numbers: Katie RiversKatie Rivers recently joined Dermody, Burke & Brown as an Associate in the Syracuse office. |
The Focus - Our Tax E-Newsletter | 02/26/2019New York State Individual Decoupling ProvisionsThe federal Tax Cuts and Jobs Act (TCJA) enacted in December 22, 2017 made numerous changes to the Internal Revenue Code. New York State, which has rolling conformity to the federal tax provisions, is not marching in tune with TCJA and… |
The Focus - Our Tax E-Newsletter | 02/26/2019Understanding the Types of TrustsThe Tax Cuts and Jobs Act (TCJA) significantly increased the amount of the exclusion for estate taxes in 2018, essentially eliminating the federal estate tax for the majority of Americans (for estates below $11,180,000 in 2018). However,… |
The Focus - Our Tax E-Newsletter | 02/26/2019Beyond the Numbers: Katie TascioneKatie Tascione recently joined Dermody, Burke & Brown as a Senior Associate in the Syracuse office. She works in the Tax department at the firm. |
The Focus - Our Tax E-Newsletter | 01/29/2019Like-Kind Exchange UpdatesAs many business owners are aware, taxable income can be generated from activities outside the normal day-to-day operations of the business. For very successful business entities, investment income can generate significant taxable income. |
The Focus - Our Tax E-Newsletter | 01/28/2019Beyond the Numbers: Nirissa MillerNirissa Miller, MBA recently joined Dermody, Burke & Brown as an Associate in the Syracuse office. She works in the Auditing and Accounting department at the firm. |
The Focus - Our Tax E-Newsletter | 01/28/2019Should I Convert to a C Corporation?Since the Tax Cuts and Jobs Act (TCJA) passed on December 22, 2017 word has spread about the new, significantly lower, permanent, corporate flat tax rate of 21%. The question that went through every business owner's mind was: Should I… |