Category: Uncategorized

Uncategorized

IRS Extends Additional Tax Relief to Individuals, Businesses in Israel, West Bank and Gaza by Angie Adames, CPA


Posted on November 11, 2025 by Angie Adames

The IRS has extended various U.S. tax reporting and filing deadlines for businesses and individuals directly impacted by the Oct. 7, 2023, terrorist attacks on Israel and the ongoing war in the region. Qualifying taxpayers described below now have until Sept. 30, 2026, to file various federal returns, make tax payments and perform other time-sensitive, […]

Crain’s Ranks Berkowitz Pollack Brant No. 6 Among NYC’s Top Workplaces


Posted on September 17, 2025

NEW YORK CITY, September 17, 2025 – Berkowitz Pollack Brant Advisors + CPAs has been named one of Crain’s New York Business’ “Best Places to Work in New York City” for 2025. The firm ranked No. six out of 81 companies honored this year, recognized for its blend of technical excellence and a people-first culture. […]

OBBBA Introduces New, 100 Percent First-Year Depreciation Deductions For Manufacturers by Joseph C. Leuchter, CPA


Posted on September 11, 2025 by Joseph Leuchter

The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, brings significant tax benefits to domestic manufacturing companies. For example, the law restores taxpayers’ ability to fully write off domestic research and development (R&D) expenses in the year they are incurred. It also reinstates 100 percent special depreciation for a long list of new […]

Navigating the Pass-Through-Entity Tax as a Workaround to State and Local Tax Deduction Limits by Maxwell Jewell, CPA, MST


Posted on August 25, 2025 by Maxwell Jewell

Taxpayers in high-income-tax states breathed a collective sigh of relief with the July 2025 passage of the One Big Beautiful Bill (OBBB), which provides a temporary increase to the cap on the state and local tax (SALT) deduction from $10,000 to $40,000 in 2025 through 2029, subject to income limitations. While the new law preserves […]

Florida Extends, Makes Permanent Annual Back-to-School Sales-Tax Holiday by Luke Lucas, CPA


Posted on August 05, 2025 by Luke Lucas

The Florida legislature has designated the entire month of August a sales-tax holiday on back-to-school supplies, while also extending this tax relief to residents on an annual basis. From August 1 through August 31, families can purchase the following school supplies in Florida without incurring state and local sales tax: Personal computers, laptops, tablets, e-readers […]

One Big Beautiful Bill – An Introduction by Mike Greenwald, CPA


Posted on July 08, 2025 by Michael Greenwald

In a week when airports across the country saw flight delays, some of which made it difficult for members of Congress to return to Washington, DC, President Trump’s One Big Beautiful Bill (the “Bill” and more formally known as “An Act to provide for reconciliation pursuant to title II of H. Con. Res.14) arrived right […]

Florida Adopts More Flexible Uniform Fiduciary Income and Principal Act for Trusts By Sarah Gaymon, CPA


Posted on June 10, 2025

Florida laws relating to the fiduciary administration of trusts, estates and life estates with succeeding beneficiaries became more attractive on Jan. 1, 2025, with the enactment of the Florida Uniform Fiduciary Income and Principal Act (FIPA). The law provides fiduciaries with more flexibility in trust administration and aims to make Florida an even more appealing […]