Latest Articles

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March 2, 2021 

Businesses Reminded to Report Large Cash Transactions

To help businesses prepare and file reports, the IRS created a video on How to Complete Form 8300 – Part I, Part II. The short video points out sections of Form 8300 for which the IRS commonly finds mistakes and explains how to accurately complete ...

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March 1, 2021 

The Tops Skills Financial Planners Need to Succeed

The pandemic has presented challenges to planning firms and clients alike. Earlier this year, thought leaders in the financial planning space gathered online for the AICPA’s 2021 Personal Financial Planning (PFP) Summit to discuss best practices for ...

 Lowenstein Sandler Expands Tax Practice

March 1, 2021 

Lowenstein Sandler Expands Tax Practice

The new group has extensive experience representing funds, corporations, and family offices and high net worth individuals with investments and philanthropic initiatives around the world. They advise on tax issues and controversies involving fund ...

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March 1, 2021 

IRS Warns of Improper Corporate Domestic Production Deductions

IRS officials have issued an alert concerning amended returns and claims for the Domestic Production Activities Deduction. This provision of tax law was repealed as part of the Tax Cuts and Jobs Act for taxable years after Dec. 31, 2017. In the wake of...

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March 1, 2021 

COVID Pushes Tax into Spotlight as Strategy for Resilience

While an economic downturn had long been anticipated, no one expected a pandemic would plunge the globe into economic chaos with such exacting scope and speed. When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in ...

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March 1, 2021 

Why Your Firm Needs a Realistic Succession Plan

If 2020 taught us anything, it’s that you never know what can happen in life, and the same is true when it comes to your practice. Have you prepared your firm for the future by cultivating a realistic succession plan?