Posted on March 29, 2013
Finally, some good news for taxpayers. Due to the late passage of the American Taxpayer Relief Act and its impact on a number of forms for deductions, the IRS has issued a penalty relief notice for delayed 2012 forms. The IRS normally assesses penalties on taxpayers who file late or request an extension. Because of […]
Posted on March 28, 2013
Supporters say a major overhaul of Florida alimony law will bring fairness to the system. Those opposed say the proposed bill is anti-family, anti-women and will result in additional burden on the state welfare and court systems. This issue has been working its way through the legislative process very quickly and has the potential to impact […]
Posted on March 26, 2013
Many people with wealth to protect are sleeping better at night because their fortunes aren’t large enough to expose them to federal estate tax. But no one should close their eyes to the fact that, regardless of your income, estate planning remains an essential tool for protecting loved ones. The federal government has decided to […]
Posted on March 21, 2013
Richard Pollack will be a panelist at the Bankruptcy Bar Association’s annual retreat on March 10-12, 2013, at The Breakers Palm Beach. Rich will be part of a discussion called Valuation Issues and Disputes in Bankruptcy Cases during the Sunday morning program. For more details, visit http://www.bbasdfl.org/article.html?aid=294
Posted on March 18, 2013
Florida has enacted a new R&D tax credit program. The state credit is computed based on 100% of qualified research expenses incurred in Florida. Applications much be filed by March 20 of the following year. There is a yearly cap, so it is important to submit information early. Please contact Karen Lake at 305-379-7000 for […]
Posted on March 15, 2013
Scott Rothstein. Nevin Sharpiro. Arthur Nadel. Bernie Madoff. Ponzi schemes and financial frauds have become a regular feature in South Florida newspapers, so much so that Miami was second only to New York in federal prosecutions of securities and investment fraud. The BPB Forensic Accountants have first hand knowledge of several large Ponzi schemes and […]
Posted on March 13, 2013
The issue of classification of workers is of interest to the IRS. The agency has laid out specific definitions of what separates employees from independent contractors. In 2011 the IRS launched the Voluntary Classification Settlement Program (VCSP) to allow eligible employers to voluntarily reclassify workers as employees rather than independent contractors for future tax periods. […]
Posted on March 12, 2013
Accounting Today’s annual list of the top 100 firms in the country was released this week. We are proud to be included on both the top 100 list and the top firms in the region list. The narrative noted our rebrand, expanded strategic planning group and management of upcoming director retirements.
Posted on March 11, 2013
Barry Brant, director in charge of our tax, consulting and international services practice, was recently interviewed for a profile story in an industry publication. He mentioned that firm members speak more than 10 languages, including Portuguese, Italian, Russian, Hebrew and German. We solve problems all around the world.
Posted on March 07, 2013
Congratulations to our Litigation team and our colleagues at Berger Singerman. A matter we worked on together won Chapter 11 Turnaround of the Year at the M&A Advisor Awards last night.