SMALL BUSINESS OWNERS WIN SOME AND LOSE SOME UNDER NEW TAX BILL

SMALL BUSINESS OWNERS WIN SOME AND LOSE SOME UNDER NEW TAX BILL

BY PHIL GOLDSTEIN Managing Partner Goldstein & Lieberman There are many highly palatable advantages to the 2018 Tax Bill but businesses may find one provision difficult to swallow: the IRS is no longer serving up a 50 percent deduction for โ€œdirectly related and associated entertainmentโ€. That means there will be no more write offs if […]

Rockland Property Investors Allowed to Prepay Property Tax

Rockland Property Investors Allowed to Prepay Property Tax

The passing of the GOP tax bill has caused concern for Rocklandโ€™s property owners. This is because of changes to the state and local tax (SALT) deduction which has had the largest impact where property taxes are highest, such as in the state of New York. For property investors, the new tax bill could eat […]