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Mayor Bill de Blasio and his wife on Tuesday reported income of about $223,000 from his municipal salary and gave $350 in charity.

A Connecticut Post columnist urged readers to attend a panel featuring Greenwich Office Managing Partner John Mezzanotte discussing changes for high net worth taxpayers under the new tax law.


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A Connecticut Post columnist urged readers to attend a panel featuring Greenwich Office Managing Partner John Mezzanotte discussing changes for high net worth taxpayers under the new tax law.

Due to tax law changes, 2018 presents a different environment than 2017 - but how different? Estate taxes have changed dramatically on both the federal level and for residents of the state of Connecticut.

 
CNBC spoke with national Tax Leader Joseph Perry about how to mine your 2017 tax return for savings opportunities in 2018.


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CNBC spoke with national Tax Leader Joseph Perry about how to mine your 2017 tax return for savings opportunities in 2018.

This spring, don't just stuff your completed tax return into a drawer. Go through it for savings opportunities you can seize right now.

 
The Legal Intelligencer published an article by Advisory Services Partner Jonathan Marks about the U.S. Supreme Court’s position on whistleblower protections under the Dodd-Frank Act.


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The Legal Intelligencer published an article by Advisory Services Partner Jonathan Marks about the U.S. Supreme Court’s position on whistleblower protections under the Dodd-Frank Act.

Employees who report violations only internally may still benefit from the significant protections afforded by the Sarbanes-Oxley Act of 2002.

 
Recalculating for Small Business invited Tax Principal Michael D’Addio onto the radio show to discuss tax changes for independent contractors in the gig economy.


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Recalculating for Small Business invited Tax Principal Michael D’Addio onto the radio show to discuss tax changes for independent contractors in the gig economy.

Recalculating for Small Business invited Tax Principal Michael D’Addio onto the radio show to discuss tax changes for independent contractors in the gig economy.

 
TheStreet.com quoted Ron Friedman, co-leader of the Retail & Consumer Products group, in a look at the state of business for Victoria’s Secret.


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TheStreet.com quoted Ron Friedman, co-leader of the Retail & Consumer Products group, in a look at the state of business for Victoria’s Secret.

In recent years, Victoria's Secret has faltered from being up 6.5% in sales in January 2016 to down 5.5% in January 2018, owing in part to a downturn in malls, where many of its stores are based, the changing tastes and needs of shoppers and a misstep by management.

 
Leaders magazine showcased West Palm Beach Office Managing Partner Shaun Blogg in his role as chairman of the Marcum Foundation.


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Leaders magazine showcased West Palm Beach Office Managing Partner Shaun Blogg in his role as chairman of the Marcum Foundation.

Since the start of his career in South Africa, Shaun Blogg has served large- and medium-sized closely held companies.

 
Mic.com interviewed Tax Partner Janis Cowley, national leader of the Modern Family & LGBT Services group, for an article about what same-sex married couples should know about filing their taxes.


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Mic.com interviewed Tax Partner Janis Cowley, national leader of the Modern Family & LGBT Services group, for an article about what same-sex married couples should know about filing their taxes.

Few people would claim to love doing their taxes, but tax day is unarguably more difficult for some than it is for others. While confusing tax software might be a hurdle for one person, freelancers may earn income in multiple states and have to pay estimated taxes four times a year.

 
Long Island Business News featured Food & Beverage Leader Louis Biscotti in its executive news column.


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Long Island Business News featured Food & Beverage Leader Louis Biscotti in its executive news column.

Louis Biscotti is aptly named, given his expertise in the food and beverage industry.

 
Construction Accounting & Taxation published an article by Chief Construction Economist Anirban Basu and Construction Services Leader Joseph Natarelli, about the rising cost of construction materials and the implications for the continued recovery of the industry.


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Construction Accounting & Taxation published an article by Chief Construction Economist Anirban Basu and Construction Services Leader Joseph Natarelli, about the rising cost of construction materials and the implications for the continued recovery of

After years of fretting about shortages of skilled craftspeople, construction industry leaders have a new source of concern - materials prices and distortionary public policies.

 
Fashion Mannuscript featured team members from Marcum’s Retail & Consumer Products group, followed by a special report from group Co-Leader Ronald Friedman discussing the current state of the retail market and the upcoming Marcum Retail Symposium.


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Fashion Mannuscript featured team members from Marcum’s Retail & Consumer Products group, followed by a special report from group Co-Leader Ronald Friedman discussing the current state of the retail market and the upcoming Marcum Retail Symposium.

Retail has been weak for many years, but we finally saw some light at the end of last year. Sales for the holiday season were very good as consumer confidence continues to improve.

 
Bloomberg BNA’s Daily Tax Report published Part II of Tax Manager Ragini Subramanian’s article on the complex requirements of expatriation.


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Bloomberg BNA’s Daily Tax Report published Part II of Tax Manager Ragini Subramanian’s article on the complex requirements of expatriation.

In Part 2 of a two-part article, Ragini Subramanian of Marcum LLP walks through determining the value, type, and location of a taxpayer's assets on the day before expatriation.

 
Bloomberg BNA’s Daily Tax Report published Part I of an article by Tax & Business Services Manager Ragini Subramanian about the intricacies of becoming an expatriate.


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Bloomberg BNA’s Daily Tax Report published Part I of an article by Tax & Business Services Manager Ragini Subramanian about the intricacies of becoming an expatriate.

In Part 1 of a two-part article, Ragini Subramanian of Marcum LLP analyzes factors to consider when contemplating expatriation, including whether the taxpayer is a U.S. citizen or a U.S. resident when he or she expatriates, and whether that person becomes a covered expatriate or a non-covered expatriate upon the date of expatriation and why it matters.

 
The Providence Business News featured Advisory Principal Robert Drover in a report about Marcum’s new bot service for clients.


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The Providence Business News featured Advisory Principal Robert Drover in a report about Marcum’s new bot service for clients.

In an effort to reduce costs and improve efficiency, the accounting firm Marcum LLP has started offering clients new robotic technology to automate certain operations.

 
NJBiz reported that national food and beverage expert Louis Biscotti has joined Marcum as head of the Firm’s F&B industry group.


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NJBiz reported that national food and beverage expert Louis Biscotti has joined Marcum as head of the Firm’s F&B industry group.

Public accounting and advisory services firm Marcum LLP has hired Louis Biscotti as national leader of its Food & Beverage Services group.

 
Innovate Long Island reported on food industry veteran Louis Biscotti joining Marcum as leader of the Food & Beverage group.


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Innovate Long Island reported on food industry veteran Louis Biscotti joining Marcum as leader of the Food & Beverage group.

Business-development expert Lou Biscotti, credited with advancing many early-stage food-and-beverage companies, is whipping up new ideas at Marcum LLP.

 
Long Island Business News interviewed Tax Leader Joseph Perry for an article about the new tax treatment of stock options granted to executive employees earning more than $1 million.


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Long Island Business News interviewed Tax Leader Joseph Perry for an article about the new tax treatment of stock options granted to executive employees earning more than $1 million.

While a corporate tax cut that brought the top rate down from 35 percent to 21 percent is widely seen as the centerpiece of the recent tax rules, there also were a number of changes to compensation for executives and employees.

 
The Seattle Times interviewed Retail & Consumer Products Co-Leader Ron Friedman about the future of malls in America.


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The Seattle Times interviewed Retail & Consumer Products Co-Leader Ron Friedman about the future of malls in America.

The retail model of car-centered shopping malls and large, multibrand stores continues to crumble, as the merging of digital and physical sales channels exacts its toll.

 
Fraud Magazine featured Advisory Services Partner Jonathan Marks in an in-depth article about corporate whistleblowing.


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Fraud Magazine featured Advisory Services Partner Jonathan Marks in an in-depth article about corporate whistleblowing.

When someone in a position of authority characterizes whistleblowing as treachery, it unleashes powerful forces that coerce all but the most determined individuals into silence.

 
Inc. magazine quoted Philadelphia Tax Leader Ed Reitmeyer in an article about errors in the new federal tax law that could cost taxpayers big money.


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Inc. magazine quoted Philadelphia Tax Leader Ed Reitmeyer in an article about errors in the new federal tax law that could cost taxpayers big money.

Many entrepreneurs have celebrated President Trump's signature legislative achievement, the 2017 Tax Cuts and Jobs Act, for decreasing their annual tax bills.

 
The Seattle Times quoted Retail & Consumer Products Co-Leader Ron Friedman in a feature story about the Nordstrom family’s efforts to take the chain private.


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The Seattle Times quoted Retail & Consumer Products Co-Leader Ron Friedman in a feature story about the Nordstrom family’s efforts to take the chain private.

Eight months after they first proposed the idea, members of the Nordstrom family last week suggested a price of $50 a share to buy back from the public the storied retailer founded and built by their forebears in Seattle.

 
Financial Advisor magazine interviewed Greenwich, CT, Office Managing Partner John Mezzanotte for an article about the loss of certain itemized tax deductions under the Tax Cuts & Jobs Act of 2017.


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Financial Advisor magazine interviewed Greenwich, CT, Office Managing Partner John Mezzanotte for an article about the loss of certain itemized tax deductions under the Tax Cuts & Jobs Act of 2017.

Under the tax reform legislation passed by Congress late last year, several familiar itemized tax deductions have ceased for 2018, such as those for unreimbursed employee business expenses, tax preparation costs and investment-management fees, personal casualty losses, interest on some home equity debt and moving expenses, to name a few.

 
The Tax Adviser published an article co-authored by Tax Director Don Zidik, about recent developments in individual taxation.


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The Tax Adviser published an article co-authored by Tax Director Don Zidik, about recent developments in individual taxation.

This article is a semiannual review of recent developments in the area of individual federal taxation, including issues of deductible alimony, trade or business expenses, and recognition of loss.

 
Tennessee Road Builder featured an article by Dillon Scott, a senior tax accountant in the Nashville office, about the top 10 things construction contractors need to know about the new tax law.


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Tennessee Road Builder featured an article by Dillon Scott, a senior tax accountant in the Nashville office, about the top 10 things construction contractors need to know about the new tax law.

C-corporations will enjoy a flat 21 percent tax rate rather than a blend of eight brackets ranging from 15-39 percent. For the 30 TENNESSEE Road Builder construction industry this generally translates to a tax cut for corporations with net income in excess of $120,000.

 
Construction Executive published Part II of an article by Assurance Partner Don Singleton and Senior Tax Manager Kenneth Padgitt, about deferring tax liabilities for construction contracts.


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Construction Executive published Part II of an article by Assurance Partner Don Singleton and Senior Tax Manager Kenneth Padgitt, about deferring tax liabilities for construction contracts.

The U.S. tax code is complicated and confusing. The evolution of the federal income tax law over the decades has been a constant tug-of-war, riddled with the strength of special interest lobbying, attempts to correct economic and social ills, and implementation of governmental spending disguised as tax cuts and credits - all laced with political agendas.

 
Construction Accounting & Taxation published the latest article by Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu, on the difficulty of predicting the next real estate downturn.


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Construction Accounting & Taxation published the latest article by Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu, on the difficulty of predicting the next real estate downturn.

During the 19th century, miners dug deep into the Earth, extracting valuable minerals and deposits that served as the raw materials for the Industrial Revolution. process, countless miners lost their lives to odorless, colorless gases such as carbon monoxide. In response, at

 
The New York Times quoted national Tax Leader Joseph Perry in an article discussing the complexities and confusion created by the Tax Cuts & Jobs Act, and the likely battles yet to come in Congress.


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The New York Times quoted national Tax Leader Joseph Perry in an article discussing the complexities and confusion created by the Tax Cuts & Jobs Act, and the likely battles yet to come in Congress.

Never mind that once in a generation tax bill that just passed last year. Congress is headed for years more of big fights over taxes, particularly those for individuals.

 
The Los Angeles Business Journal featured Partner Ron Friedman, co-leader of the Retail & Consumer Products Group, in a special section on the state of the consumer goods market.


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The Los Angeles Business Journal featured Partner Ron Friedman, co-leader of the Retail & Consumer Products Group, in a special section on the state of the consumer goods market.

Online shopping, new digital technologies, and increasing channel fragmentation are intensifying the pressures on US consumer packaged goods supply chains.

 
The Silicon Valley Business Journal highlighted San Jose Office Managing Partner Anne Bianchini in its annual feature on accounting firms.


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The Silicon Valley Business Journal highlighted San Jose Office Managing Partner Anne Bianchini in its annual feature on accounting firms.

Marcum is engaged in helping our clients understand the Tax Cuts & Jobs Act and adjust their tax planning for 2018 and beyond in response to the new law.

 
Long Island Business News wrote about the advice Marcum panelists gave to businesses considering restructuring as C-corps, during the Firm’s recent tax reform seminar in Melville.


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Long Island Business News wrote about the advice Marcum panelists gave to businesses considering restructuring as C-corps, during the Firm’s recent tax reform seminar in Melville.

Much of the Marcum seminar focused on the taxation differences between C‐corps and pass‐through entities, which include partnerships, S‐corporations, limited liability companies and sole proprietorships.

 
CFO published an article co-written by Advisory Partner Jonathan Marks, about the European Union’s General Data Protection Regulation.


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CFO published an article co-written by Advisory Partner Jonathan Marks, about the European Union’s General Data Protection Regulation.

The European Union’s General Data Protection Regulation, or GDPR, takes effect on May 25, 2018, and will have major implications for businesses with connections to Europe.

 
The National Association of Certified Valuators and Analysts published an article by Valuation and Litigation Support Managing Director Carla Glass, Market Participant Acquisition Premiums in valuations.


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The National Association of Certified Valuators and Analysts published an article by Valuation and Litigation Support Managing Director Carla Glass, Market Participant Acquisition Premiums in valuations.

Many business valuations are completed for purposes of compliance with U.S. Generally Accepted Accounting Principles (GAAP), often referred to as Valuations for Financial Reporting.

 
Construction Executive published an article by Assurance Partner Don Singleton and Tax Senior Manager Kenneth Padgitt, discussing tools available to construction contractors to help defer income tax liabilities.


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Construction Executive published an article by Assurance Partner Don Singleton and Tax Senior Manager Kenneth Padgitt, discussing tools available to construction contractors to help defer income tax liabilities.

There are several tools available to construction contractors to defer income tax liabilities. Often, these tools are not being used effectively - or even being taken advantage of at all. The tax code and regulations can be hard to understand.

 
The Hartford Business Journal quoted Connecticut Tax Partner-in-Charge Brett McGrath, in an article about the impacts of the Tax Cuts & Jobs Act of 2017.


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The Hartford Business Journal quoted Connecticut Tax Partner-in-Charge Brett McGrath, in an article about the impacts of the Tax Cuts & Jobs Act of 2017.

More than 30 years after digesting the last major federal tax overhaul, Connecticut accountants and legal advisers working to interpret the latest changes to the federal tax code say business clients are both enthusiastic and wary as they figure out how to adapt.

 
The Hartford Business Journal published a column by Tax Services Director Marla Esan about the impacts of the Tax Cuts & Jobs Bill for nonprofit organizations.


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The Hartford Business Journal published a column by Tax Services Director Marla Esan about the impacts of the Tax Cuts & Jobs Bill for nonprofit organizations.

Like every sector, nonprofits won some and lost some in the Tax Cuts & Jobs Act. Here is a brief summary of the provisions impacting the nonprofit world.

 
Long Island Business News quoted Vice Chairman David Bukzin in an article about accounting firm services to public companies.


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Long Island Business News quoted Vice Chairman David Bukzin in an article about accounting firm services to public companies.

Long Island and the nation have fewer public companies than a few years or a decade ago, but some regional accounting firms with operations here as well as national and global firms have been growing their practice serving firms listed on stock exchanges.

 
CNBC quoted Tax Principal Michael D’Addio in an article about adjusting paycheck withholdings to comply with the new tax rates for individuals.


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CNBC quoted Tax Principal Michael D’Addio in an article about adjusting paycheck withholdings to comply with the new tax rates for individuals.

In January, the Treasury Department released its income tax withholding tables, updated to reflect changes stemming from the Tax Cuts and Jobs Act. The new legislation cut individual income taxes, raised the standard deduction and eliminated personal exemptions.

 
CFMA Building Profits published an article from Marcum’s Construction group discussing best practices for managing the contract claim procedure.


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CFMA Building Profits published an article from Marcum’s Construction group discussing best practices for managing the contract claim procedure.

Before pursuing a claim, contractors should seek guidance from experienced construction attorneys, as many factors - from the contract itself, to whether the contract owner is a governmental or private entity, to the laws in the jurisdiction that govern the claim - can vary significantly.

 
Bloomberg News quoted Ed Reitmeyer, Philadelphia partner-in-charge of Tax Services, in an article about tax strategies for owners of pass-through businesses under the new tax law.


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Bloomberg News quoted Ed Reitmeyer, Philadelphia partner-in-charge of Tax Services, in an article about tax strategies for owners of pass-through businesses under the new tax law.

If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The inspiration is the tax law signed by President Donald Trump in December. The patrons are affluent Americans who can afford advice from the nation’s more ingenious accountants, tax lawyers and financial advisers.

 
Workandmoney.com interviewed Tax Partner Diane Giordano for an article about what the new tax law means for small businesses.


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Workandmoney.com interviewed Tax Partner Diane Giordano for an article about what the new tax law means for small businesses.

The new tax law became both the beauty and the beast for companies of all sizes across the country when 2018 officially opened for business.

 
Fox Business spoke with Tax Principal Michael D’Addio about the need to adjust paycheck withholdings under the new tax law.


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Fox Business spoke with Tax Principal Michael D’Addio about the need to adjust paycheck withholdings under the new tax law.

As employees begin to receive their updated paychecks based on the new tax code changes, many are seeing incorrect withholding amounts, which could lead to financial trouble down the road, one financial expert warns.

 
Long Island Business News reported on the Marcum tax panel the publication’s editor is co-moderating with Melville Office Managing Partner Carolyn Mazzenga.


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Long Island Business News reported on the Marcum tax panel the publication’s editor is co-moderating with Melville Office Managing Partner Carolyn Mazzenga.

Long Island Business News Editor Joe Dowd and Marcum Melville Office Managing Partner Carolyn Mazzenga are set to moderate a series of panel discussions tonight on the impact of the new federal income tax laws.

 
Bloomberg’s Talking Tax podcast invited Tax Principal Michael D’Addio onto the show for a discussion about whether the new tax law will drive pass-through entities to convert to C-Corporation status.


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Bloomberg’s Talking Tax podcast invited Tax Principal Michael D’Addio onto the show for a discussion about whether the new tax law will drive pass-through entities to convert to C-Corporation status.

The new tax law lowers the corporate tax rate to 21 percent—a change that some lawmakers have suggested could prompt pass-through entities to convert to C corporations.

 
NJBiz featured New Jersey Advisory Partner-in-Charge Ilan Hirschfeld in an article discussing the diversification of accounting firm services.


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NJBiz featured New Jersey Advisory Partner-in-Charge Ilan Hirschfeld in an article discussing the diversification of accounting firm services.

As CPA firms evolved to offer additional services, their marketing had to reflect the expansion, which is why organizations like Marcum refer to themselves as an accounting and advisory firm.

 
Long Island Business News quoted State & Local Tax Leader Paul Graney in an article about options New York State is considering to counter the regional tax impact of the federal Tax Cuts & Jobs Act.


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Long Island Business News quoted State & Local Tax Leader Paul Graney in an article about options New York State is considering to counter the regional tax impact of the federal Tax Cuts & Jobs Act.

Facing new federal rules that limit state and local tax deductions, New York and California are considering options to give their residents a big federal tax cut.

 
CFO.com published an article by Tax Leader Joseph Perry and Tax Principal Michael D’Addio, discussing the pros and cons of  C-corporation v. pass-through entity status under the new tax law.


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CFO.com published an article by Tax Leader Joseph Perry and Tax Principal Michael D’Addio, discussing the pros and cons of C-corporation v. pass-through entity status under the new tax law.

A 21% income tax rate might sound appetizing to some pass‐through entities, but C‐corporation status doesn't suit every organization.

 
Associated Press quoted Tax Principal Michael D’Addio in an article about how small businesses are capitalizing on the new tax law.


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Associated Press quoted Tax Principal Michael D’Addio in an article about how small businesses are capitalizing on the new tax law.

Although there are still many unknowns about the tax law that took effect Jan. 1, some small business owners have already figured out that they stand to gain from some of its changes and are changing their plans to maximize their benefits.

 
TheStreet.com interviewed Retail Group Leader Ron Friedman for a special report on the likelihood of a bankruptcy filing by Sears.


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TheStreet.com interviewed Retail Group Leader Ron Friedman for a special report on the likelihood of a bankruptcy filing by Sears.

It's a matter of when, not if, some experts say. It refers to when Sears Holdings Corp. declares bankruptcy, which inches closer by the day. Ratings agencies are apparently in agreement.

 
New Jersey Law Journal published an article co-authored by Ilan Hirschfeld, partner-in-charge, New Jersey Advisory Group, and Kevin Baker, head of the Philadelphia Digital Forensics Practice, on the complexities of valuating cryptocurrencies.


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New Jersey Law Journal published an article co-authored by Ilan Hirschfeld, partner-in-charge, New Jersey Advisory Group, and Kevin Baker, head of the Philadelphia Digital Forensics Practice, on the complexities of valuating cryptocurrencies.

Just weeks into 2018, cryptocurrencies continue to dominate the headlines while on their way to potentially becoming mainstream. The complexities of these digital financial instruments present significant risks that are little understood, including their potential effect on matrimonial and commercial litigation proceedings.

 
Long Island Business News featured International Tax Co-Leader Doug Nakajima in an article about the repatriation of foreign earnings by U.S. companies.


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Long Island Business News featured International Tax Co-Leader Doug Nakajima in an article about the repatriation of foreign earnings by U.S. companies.

For many years, many U.S. multinational companies hoarded cash abroad. As long as they didn't bring money they earned abroad back to the United States, they wouldn't be taxed by the United States government.

 
The Providence Business News quoted Office Managing Partner James Wilkinson in a story about the impact of the recent blizzard on small businesses.


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The Providence Business News quoted Office Managing Partner James Wilkinson in a story about the impact of the recent blizzard on small businesses.

The unusual storm brought high winds and dumped more than a foot of snow in some places locally, and subsequent freezing weather forced closures across Rhode Island. Some service businesses, including plumbers, have found themselves in high demand since, dealing with broken pipes and equipment failures.

 
Long Island Business News featured Carolyn Mazzenga, office managing partner in Melville, in an article about how accountants are helping clients plan in the wake of tax reform.


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Long Island Business News featured Carolyn Mazzenga, office managing partner in Melville, in an article about how accountants are helping clients plan in the wake of tax reform.

As 2017 came to a close, accountants across Long Island were busy fielding questions from clients in the wake of the federal government passing sweeping tax reform.

 
Long Island Business News asked Melville Office Managing Partner Carolyn Mazzenga for her outlook on the regional economy in 2018.


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Long Island Business News asked Melville Office Managing Partner Carolyn Mazzenga for her outlook on the regional economy in 2018.

Tax reform is going to be one of the most impactful developments in 2018, especially for Long Island, which is a high net worth and high tax region.

 
Bloomberg Radio’s Coast-to-Coast with Carol and Cory interviewed State and Local Tax Leader Paul Graney about the new federal ceiling on property tax deductions and how states are trying to protect their residents from the additional tax burden.


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Bloomberg Radio’s Coast-to-Coast with Carol and Cory interviewed State and Local Tax Leader Paul Graney about the new federal ceiling on property tax deductions and how states are trying to protect their residents from the additional tax burden.

Paul discussed two possibilities that have been raised by the states: converting from an income tax system to a payroll-based tax system, and tax-deductible contributions to state governments.

 
Public Accounting Report featured Chief Information Officer Peter Scavuzzo in an article sharing firm leaders’ outlook for the future of the accounting profession.


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Public Accounting Report featured Chief Information Officer Peter Scavuzzo in an article sharing firm leaders’ outlook for the future of the accounting profession.

With the underpinning of cloud technology and an on‐demand infrastructure providing unlimited computational processing power; smarter, leaner and better software tools; more readily available application programming interface; and automation, software has become the focal point of one of the most disruptive eras in the accounting industry.

 
 
 
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