Latest Articles

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May 9, 2022 

Gambling Loss Tax Deductions: No Luck Involved

The IRS takes a broad view of what constitutes a gambling activity. This isn’t restricted to betting on the racetrack or dog track or high stakes at the casinos, although those count, too. It also encompasses lotteries, raffles, keno, poker games ...

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May 9, 2022 

Coping With the SALT Tax Deduction Cap

Among numerous other changes for individuals—including an increase in the standard deduction, suspension of dependency exemptions and modifications of other deductions—the TCJA clamps down on the write-off for SALT payments.

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May 9, 2022 

Imports Set New Record at U.S. Ports

Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to the ...

Marcum

May 9, 2022 

Friedman LLP to Join Marcum

The combined firm will operate under the Marcum brand and continue to be headquartered in New York City, with offices throughout the continental United States, China, Ireland, and Grand Cayman.