On March 31, President Biden announced “The Made In American Tax Plan” (the “Biden Tax Plan”) to fix the corporate…
Client Alert: Carried Interest Regulations Finalized – January 25, 2021
Section 1061 of the Internal Revenue Code generally recharacterizes long-term capital gains attributable to certain carried interests (“applicable partnership interests”…
Client Alert: Beware of Payment Instructions over Email – January 11, 2021
We have been seeing a growing trend of a criminal cyber-fraud scheme affecting large and small businesses, individuals and banks,…
Client Alert: New York Sales Tax Guidance Clarifies Treatment of Digital Marketing Services – January 8, 2021
In 2020, amidst the pandemic, New York‘s Department of Taxation and Finance issued three advisory opinions that addressed sales tax…
Client Alert: SEC Proposes Limited Broker Registration Exemption for Two Classes of “Finders”
On October 7, 2020, the Securities and Exchange Commission voted to propose a new limited, conditional exemption from the broker…
Client Alert: SEC Expands Definition of Accredited Investor
On August 26, 2020, the Securities and Exchange Commission (“SEC”) updated the definitions of “accredited investor” and of “qualified institutional…
Client Alert: Proposed Regulations On Carried Interests Would Impact Many Fund Managers – August 6, 2020
The IRS issued proposed regulations on July 31, 2020 to provide guidance that would impact many investment fund and hedge…
Client Alert: Essential State Planning Documents July 15, 2020
Lately we have been getting calls from existing clients and new clients asking if their estate planning documents need to…
Client Alert: Tax Relief in CARES Act
On March 25, 2020, the U.S. Senate passed its version of the $2 trillion Coronavirus Aid, Relief, and Economic Security…
Client Alert: The U.S. Senate’s The CARES Act Offers Federal Assistance For Small Businesses
On March 25, 2020, the U.S. Senate approved the proposed Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”),…