Category: Small Business

Small Business

Foreign Investors Must Look before they Leap into the U.S.’s Thriving Real Estate Market by Arthur Dichter, JD, LLM


Posted on October 17, 2017 by Arthur Dichter

Commercial and residential real estate in the U.S. continues to be a safe haven for foreign investors who seek the potential for higher yields and capital preservation than they may receive in their home countries or from portfolio investments. However, the potential upside from an investment in the U.S. real estate market comes with the […]

Businesses Impacted by Hurricanes may Qualify for Employee Retention Tax Credit by Ed Cooper, CPA


Posted on October 16, 2017 by Edward Cooper

Businesses located in federally declared disaster areas and impacted by Hurricanes Harvey, Irma and Maria may qualify for an Employee Retention Tax Credit when they continue to pay wages to employees who were displaced by inoperable work locations. Under the Disaster Tax Relief and Airport and Airway Extension Act of 2017, eligible employers may receive […]

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 […]

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 […]

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, […]

6 Tax Regulations Face the Chopping Block by Edward N. Cooper, CPA


Posted on August 15, 2017 by Edward Cooper

The Department of Treasury in July 2017 announced its intent to reform or repeal eight tax regulations enacted during the Obama administration that it deems to be financially burdensome or excessively complex for U.S. taxpayers. It is expected that Treasury will make its final recommendations on these rules by September 18, 2017. The regulations at risk […]

First Steps to Tackling the New Model for Revenue Recognition by Christopher Cichoski, CPA


Posted on July 20, 2017 by Christopher Cichoski

Businesses large and small and across virtually all industries face a perfect storm of financial reporting compliance challenges to contend with in the coming months. On the near horizon are the new revenue recognition standards, which go into effect for public companies, employee benefit plans and certain not-for-profit entities beginning after Dec. 15, 2017, and […]

Are your Workers Employees or Independent Contractors? Making the Wrong Decision can be Damaging by Cherry Laufenberg, CPA


Posted on July 13, 2017 by Cherry Laufenberg

Despite the Department of Labor’s recent retraction of the prior administration’s narrow interpretation of the Fair Labor Standards Act (FLSA), businesses must remain vigilant in upholding the underlying law that requires proper classification of workers as either employees or independent contractors. Failure to do so can put businesses at risk of legal exposure, severe penalties […]