Archive

Monthly Archives: September 2017

Washington Outlines Its Vision of Tax Reform by Edward N. Cooper, CPA


Posted on September 28, 2017 by Edward Cooper

On September 27, 2017, President Trump and top Republican leaders unveiled the latest round of updates to what they see as the future of the Tax Code. While it remains to be seen whether the tax reform package in its current state will become the law, it is important for taxpayers to understand what the […]

Deadline for Reports of Foreign Financial Accounts Delayed for Victims of Hurricane Irma by James W. Spencer, CPA


Posted on September 15, 2017 by Jim Spencer

U.S. citizens and resident aliens who live in areas affected by Hurricane Irma will receive an extension of time to report their financial interest in or signature authority over foreign bank, securities or other financial accounts with an aggregate value exceeding $10,000 during any time in 2016.   The Financial Crimes Enforcement Network (FinCEN) announced […]

IRS Relief for Hurricane Irma Areas – Letter to Clients


Posted on September 13, 2017 by Joseph Saka

Dear Clients and Friends,   We are grateful that Hurricane Irma veered away from South Florida and hope that your family is safe and that the impact to your property was minimal.   Our offices in Miami, Boca Raton and West Palm Beach are open as of today, Wednesday, September 13, 2017.  Our office in […]

Post-Hurricane Irma Message for Firm Members


Posted on September 12, 2017 by Joseph Saka

Our Miami, Boca Raton and West Palm Beach offices will officially open tomorrow, Wednesday, September 13.   We are connected and all offices are air conditioned.   The Ft. Lauderdale office should be avoided due to water damage which is already being remediated. Many firm members are still without power and taking care of properties.  We […]

IRS Offers Tax Relief to Victims of Hurricanes in Texas, Florida, Puerto Rico and the U.S. Virgin Islands by Karen A. Lake, CPA


Posted on September 12, 2017 by Karen Lake

Taxpayers who were affected by Hurricane Irma and who live in federally declared disaster areas of Florida, Puerto Rico and the U.S. Virgin Islands will receive automatic tax filing and payment relief from the IRS. The relief program is the same as granted to victims of Hurricane Harvey.   Filing Extensions   Under the IRS’s […]

Post-Hurricane Irma Message for Clients


Posted on September 12, 2017 by Joseph Saka

Dear Clients and Friends.   It is our sincerest hope that you weathered Hurricane Irma safely and with minimal or no damage to property.   Our ability to communicate with our clients and co-workers continues to be difficult.  We are currently assessing the extent to which our offices are accessible and operational at all four […]

Hurricane Irma Update


Posted on September 06, 2017 by Joseph Saka

Our office are closed in anticipation of  Hurricane Irma. Our firm members’ connectivity to the office and their ability to respond to this email or return phone calls will be impacted by our need to prepare for the storm and potentially evacuate to safer locations. We will respond as quickly as we can under the circumstances. If […]

Business Owner To Do List Pre-Hurricane Irma by Sean Chari


Posted on September 05, 2017

As Hurricane Irma approaches, there are steps business can take that go beyond shuttering windows and creating an employee hotline.   Based on the current tracking timeline, South Florida will begin feeling the initial weather impact at the end of the week. That doesn’t mean that productivity is not already dipping as people are worried, […]