by frishkoff | Jun 30, 2021 | Uncategorized
We recently distributed a newsletter providing a summary of the newly enacted New York Pass-through Entity (PTE) tax. This letter is intended to reiterate that our neighboring state, New Jersey, has also enacted a PTE tax regime similar to the one in New York. On...
by frishkoff | Jun 17, 2021 | Uncategorized
On April 19, 2021, New York Governor Andrew Cuomo signed the New York State 2021/2022 Budget Bill into law, which includes a provision for a highly anticipated new elective Pass-Through Entity (PTE) tax. In 2017 the TCJA enacted what is known as the “SALT CAP.” This...
by frishkoff | Jan 8, 2021 | Uncategorized
Good question! Well, it might be the understatement of the year, but over the last 10 months, our lives have been filled with change and uncertainty. Now we face even more unpredictability with a new administration coming in. One thing we here in the accounting world...
by frishkoff | Oct 5, 2020 | Uncategorized
An Explanation of Audits, Assurance and Attestation Over the last 5 years or so, there have been major changes to the accounting standards that must be implemented by businesses. If that’s not enough, many companies are struggling in the new COVID world, forcing them...
by frishkoff | Apr 18, 2020 | Uncategorized
Sorry for the subject line but we couldn’t help ourselves. After a week of dealing with various bank requirements relating to the PPP loans, some of which seem nonsensical, such as changing SBA requirements, opaque reasons for approval, non-approval, regional approval...
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