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Have You Considered Moving to Puerto Rico?

Have you considered moving to Puerto Rico? Warm weather, beautiful beaches, and tax savings... this sounds perfect. So, what are…

Franchelly Diaz ColonOctober 28, 2022

Articles Business Tax Individual Tax Tax Services

Certain Residents of Florida, North Carolina and South Carolina Receive Extra Time for IRS Penalty Abatement

Certain Residents of Florida, North Carolina and South Carolina Receive Extra Time for IRS Penalty Abatement The IRS issued Notice…

Justin HughesOctober 21, 2022

Articles Life Sciences & Pharma Tax Services

The Impact of the New R&D Capitalization Rules on December 15, 2022 Estimated Tax Payments

As you may know, the Tax Cuts and Jobs Act (TCJA) that was passed at the end of 2017 contained…

Karen ArtasanchezOctober 6, 2022

Articles International Tax Tax Services

U.S. to Terminate Tax Treaty with Hungary

The U.S. Treasury Department recently announced that it has provided a notice to Hungary to terminate the tax treaty which…

Deepika IyerSeptember 8, 2022

Articles Business Tax Individual Tax Tax Services

Action May Be Required: IRS Announces Penalty Relief

In an unexpected announcement on August 24, 2022 (Notice 2022-36), the Internal Revenue Service (IRS) issued broad penalty relief as…

WilkinGuttenplanAugust 25, 2022

Articles PILOT Real Estate Tax Services

Financial Reporting for Payment in Lieu of Taxes Program

Real estate developers typically utilize the federal income tax basis of accounting to prepare their internally generated financial statements. Developers…

WilkinGuttenplanJuly 7, 2022

In The News Individual Tax Tax Services

Vinay Navani Quoted in Merrill: How to be a Tax-Aware Investor

Taxes aren't just a once-and-done thing. There are plenty of steps, beyond the last-minute rush to file every April, that…

WilkinGuttenplanJune 28, 2022

Articles International Commerce Group International Tax Tax Services

Tax Benefits While Working Outside of the U.S.

It is hard to estimate the number of Americans living abroad but globalization in general and the pandemic, in particular,…

Lina LadekarlJune 17, 2022

Articles Business Tax Tax Services

IRS Increases Optional Standard Mileage Rate in Response to Steep Rise in Gasoline Prices

In response to rising gasoline prices, the IRS has announced an increase to the optional standard mileage rates for business,…

Shruti GandhiJune 13, 2022

Articles Business Tax Tax Services

New York Budget Expands PTET Benefit; Extends Election Deadline

New York Governor Kathy Hochul recently passed several pieces of legislation in connection with the New York 2023 fiscal year…

Stephanie HolstonMay 26, 2022

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