Insights Center: 2025 Tax & Legislative Changes
Individuals, businesses and not-for-profit organizations are all affected by the new tax law – and we are ready to help. Start by staying informed; you’ll find our analyses of the new law’s many provisions here.
North American mergers and acquisitions (M&A) deal volume hit a record high in Q4 2021 reaching over 4,400 transactions.
If you believe that the last two years have been difficult, in all likelihood, 2022-2023 will prove to be just as challenging.
The Securities and Exchange Commission (SEC) on February 9, 2022 voted to propose significant changes to how Registered Investment Advisors (Advisors) and Investment Companies (Funds) manage their cybersecurity risk and disclose significant cyber-related incidents to the SEC.
The Employee Retention Credit (ERC) has been in existence for just about two years now. If the ERC has been around for so long, why are we still talking about it? Because it is a HUGE benefit for businesses if they qualify.
Rhode Island Rebounds was created by the state to assist small business owners through the utilization of the American Rescue Plan State Fiscal Recovery Funds, a way to give back to those in need.
For small businesses located in New York and New Jersey, there are still some pandemic funds available under certain conditions.
There has been radio silence from Washington on the Accelerating Charitable Efforts (ACE) Act since it was introduced in the Senate in June 2021, but it has now gained traction.
The Internal Revenue Service (IRS) issued an information letter to provide guidance regarding the taxation of a cash refund of any unused transportation benefit.
The Provider Relief Fund (PRF) portal is open for reporting PRF payments received by entities from July 1, 2020 to December 31, 2020 (Period 2).
The New York State Department of Taxation and Finance (Taxation) issued Technical Memorandum TSB-M-21(1)C, (1)I (TSB-M) August 25, 2021.
Governor Murphy recently signed legislation which revises the threshold of total gross revenue received by a New Jersey not-for-profit organization
Throughout the pandemic, Congress introduced several stimulus packages to help taxpayers and relieve some of the economic burden caused by the coronavirus, many of which were still applicable in 2021.

