Corporate Taxation

  • A Great Time To Give: Charitable Trust Planning in the Current Environment

    By:
    Carl Fiore, JD, LLM
    |
    Jan 1, 2016
    While charitable giving has always been an important part of tax planning, the current tax and economic environment has greatly incentivized many wealthy individuals to give more.  
  • New York Sales Tax Audits: Are Test Period Agreements Binding?

    By:
    Brian Gordon, CPA
    |
    Jan 1, 2016
    There are many different types of sales tax audits.  Audits of cash businesses, which are often closely-held or family-owned businesses that lack internal controls, are very common. 

  • The CPA’s Annual Life Insurance Audit

    By:
    Laura Sherris, Esq.
    |
    Dec 1, 2015
    Based on a recent study by the National Association of Insurance Commissioners, over 60% of people who own life insurance have no idea what they own or how it works. 
  • A Letter from the Comptroller of The City of New York, Scott M. Stringer

    By:
    Scott Stringer
    |
    Oct 1, 2015

    I am pleased to join with you in saluting the fifth anniversary of this respected publication. As the Comptroller of The City of New York, my chief goal is to ensure that every tax dollar is used in a fiscally prudent manner--and to hold city agencies accountable for those funds.

  • Revised Tax Return Due Dates

    By:
    Stewart Berger, CPA
    |
    Oct 1, 2015

    The Highway Trust Fund Extension Act of 2015, which was passed by Congress and signed by President Obama on July 31, 2015, revised the filing of tax returns for calendar and fiscal year taxpayers for years beginning after December 31, 2015, resulting in a major restructuring of entity return due dates.

  • What Happens to Judgment Quality when Accountants Change Roles Within Their Firm?

    By:
    Robin Pennington, PhD, CPA; Jennifer B. Schafer, PhD, CPA; and Robert E. Pinsker, PhD, CPA
    |
    Sep 1, 2015

    It is a common practice, even among large firms, to rotate staff accountants to other departments when needed. Small to mid-size firms, given their relatively limited staff, find it particularly challenging to meet the demand for accounting services: audit staff often assist with tax preparation during tax season, and tax professionals assist on audits when needed.

  • IRS Proposes Additional Rules Applying to Private Equity Management Fee Waivers

    By:
    Todd G. Povlich
    |
    Sep 1, 2015
    On July 23, 2015, the IRS issued proposed regulations that would further limit a private equity firm’s ability to use management fee waiver mechanisms.  It is commonplace to see private equity firms waive current management fees from a sponsored investment fund and, in return, take a profits interest in said fund.  
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Views expressed in articles published in Tax Stringer are the authors' only and are not to be attributed to the publication, its editors, the NYSSCPA or FAE, or their directors, officers, or employees, unless expressly so stated. Articles contain information believed by the authors to be accurate, but the publisher, editors and authors are not engaged in redering legal, accounting or other professional services. If specific professional advice or assistance is required, the services of a competent professional should be sought.