Insights

Industry News  |  By Kenneth Manche, CPA

Section 199A Deduction

The Tax Cuts and Jobs Act enacted on December 22, 2017 introduced Internal Revenue Code Section 199A. This new code section grants a deduction of up to 20% of qualified business income (“QBI”). It replaces Section 199 which was the Domestic...

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Being a Trusted Advisor to Authors

Article by: Roman KatzWith the business landscape changing, and traditional job roles no longer fitting into narrowly defined boxes, this is an important time to highlight what accountants do and what the role of being a trusted advisor means. While...

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Planning for Tomorrow: Importance of Proper Estate Preparation

One of our accounting partners has a client whose father (in his late 80s) owned Manhattan real estate with an approximate value of $18M. Nearly all of his net worth was tied up in this property, which therefore presented the issue of how to cover...

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