Berdon Blogs

SALT TALK: Having a Pied-À-Terre in New York City May Result in Higher Real Property Taxes

TAX TALK: Can You Qualify for a Medical Expense Tax Deduction?

SALT TALK: Traps in Transactions - Tax Free for Fed Doesn’t Mean Tax Free for State and Local

TAX TALK: Maximize Your 401(k) to Save for Retirement

SALT TALK: Golf, COVID-19, and Residency Planning

TAX TALK: Small Businesses May be Able to Cash in on Depreciation Tax Savers

SALT TALK: Beyond COVID-19, There are Taxing Reasons Not to Visit Your Relatives for the Holidays

TAX TALK: Employees: Don’t Forget About your FSA Funds

SALT TALK: DC Eliminates the Terminating Business Gain Exclusion for the UBT Effective January 1, 2021

TAX TALK: Taking Distributions from Traditional IRAs

SALT TALK: Should State Apportionment of Income Change with Your Mood(y’s)?

TAX TALK: How Series EE Savings Bonds are Taxed

TAX TALK: Tax Responsibilities If Your Business is Closing Amid the Pandemic

T&E TALK: The Executor’s Role

TAX TALK: 4 Tax Issues Divorcing Couples Should Understand

SALT TALK: Life Coaching, GPS or Tax Planning

TAX TALK: Avoid the Pitfalls of Buying and Selling Mutual Fund Shares

SALT TALK: Change of NY Domicile Successful by Dumping Old Girlfriend; Keeping Old Dog

TAX TALK: What Tax Records Can You Throw Away?

SALT TALK: New Jersey Enacts Millionaires Tax — Immediate Action Required

TAX TALK: To Survive an IRS Audit Get Ready in Advance

T&E TALK: A Fiduciary Roadmap

SALT TALK: State Tax Debts: Don’t Believe Everything You Read

TAX TALK: Plan for Income Taxes as Part of Your Estate Plan

TAX TALK: If You Manage Your Own Portfolio, Can You Deduct Related Expenses?

T&E TALK: The Pros and Cons of Lifetime Gifts

SALT TALK: New Internet Taxes and Wayfair? Don’t Forget the Use Tax

TAX TALK: Tax Implications of Working from Home and Collecting Unemployment

TAX TALK: Questions and Concerns About Deferring Employees’ Social Security Taxes

T&E TALK: Planning with the Increased Exemption Amounts, While they Last…

SALT TALK: New York City Interest Rate Reduction for Late Payment of Real Property Taxes

TAX TALK: Back-to-School Tax Breaks

T&E TALK: Estate Planning and Divorce

SALT TALK: Who Let the Dog Out? – Legislation by Administration Leads to Confusion

TAX TALK: Will You Have to Pay Tax on Your Social Security Benefits?

T&E TALK: Five Good Reasons to Turn Down an Inheritance

TAX TALK: Can’t Pay Taxes? What’s Next?

T&E TALK: Because of COVID-19, College-aged Children Need a Basic Estate Plan

TAX TALK: Possible Tax Consequences of PPP Loans

T&E TALK: Protect your Will from Legal Challenges, Family Disputes

TAX TALK: Tax Implications of Employer-provided Life Insurance

T&E TALK: A Trust Can Fortify Your Assets Against Creditors

SALT TALK: NYC Unincorporated Business Tax - Impact of Telecommuting on Allocation of Income from Taxable Services

TAX TALK: Scholarships: Tax-free or Taxable?

T&E TALK: Estate Planning for Your Digital Assets and Accounts

TAX TALK: Inheriting Property? Take Advantage of a Stepped-up Basis

T&E TALK: Avoid Pitfalls When Splitting Gifts with your Spouse

SALT TALK: Eyes on the Mega Millions Jackpot? Better Read this First

TAX TALK: Businesses: Ready for Form 1099-NEC?

T&E TALK: Estate Planning if you have Adopted Children or Unadopted Stepchildren

TAX TALK: Three Considerations After Filing Your Taxes

T&E TALK: A CRT Can Benefit You and Your Favorite Charity

TAX TALK: Some are Required to Return Economic Impact Payments Sent in Error

T&E TALK: Business Succession and Estate Planning: It can be Complicated

SALT TALK: NYC Council Approves Bill to Reduce Interest Rate for Late Payments of Certain Property Tax Payments Due July 1, 2020

TAX TALK: What Qualifies as a COVID-19 Distribution from a Retirement Plan?

T&E TALK: Concealing a Trust Could Run Afoul of State Law

TAX TALK: Good Records - Key to Tax Deductions, Trouble-free IRS Audits

T&E TALK: Should You “Park” Your Vehicle in a Living Trust?

TAX TALK: Can Seniors Deduct Medicare Premiums?

T&E TALK: Estate Planning When Time is Short

SALT TALK: State Tax Auditors – They’re People Too

TAX TALK: IRA for a Nonworking Spouse

T&E TALK: A Spousal Lifetime Access Trust (SLAT) Can be your Financial Backup Plan

TAX TALK: IRS Releases 2021 Amounts for Health Savings Accounts

T&E TALK: Powers of Appointment Builds Flexibility into Your Estate Plan

SALT TALK: Quarantine and the Accidental State and Local Tax Resident

TAX TALK: Was your Economic Impact Payment Less than you Expected?

T&E TALK: The Dangers of Drafting Your Will Using Online Tools

SALT TALK: Terminating Your NYC Domicile and Establishing a NYS Only Domicile

TAX TALK: Still Time for a Deductible IRA Contribution for 2019

T&E TALK: Time May Be Right to Consider Forgiving Intrafamily Loans

TAX TALK: Some COVID-19 FAQs

T&E TALK: Rules Have Changed for your IRAs, RMDs and Estate Plan

TAX TALK: Are Your Independent Contractors Properly Classified?

T&E TALK: Major Life Shocks, Like COVID-19, Signal a Review of Your Estate Plan

SALT TALK: State Nexus Implications of Telecommuting due to the COVID-19 Pandemic

TAX TALK: Questions About Your Economic Impact Payment?

T&E TALK: COVID-19 and Charitable Giving

SALT TALK: The COVID-19 Pandemic’s Impact on Residency and Taxes (VIDEO)

TAX TALK: More COVID-19 Relief From the IRS

T&E TALK: Estate Planning and Intellectual Property

TAX TALK: CARES Act Adjusts Retirement Plan and Charitable Contribution Rules

T&E TALK: Gift Tax Filing And Payment Deadlines Now July 15

SALT TALK: Update on New Jersey Income Tax Extensions

TAX TALK: COVID-19 Law - More Relief for Businesses

T&E TALK: Will Your Estate Plan Benefit From a Trust Protector?

SALT TALK: COVID-19 State Tax Pronouncements – Many and Varied

TAX TALK: Individuals Get COVID-19 Tax and Other Relief

T&E TALK: Consider An HSA For Your Savings Regimen And Estate Plan

SALT TALK: NYS Guidance Clarifies Penalty and Interest Relief for Late Payment of Sales Tax Due March 20th

TAX TALK: Keep Life Insurance Out of Your Estate

T&E TALK: Are Your Payable-on-Death Accounts Coordinated With Your Estate Plan?

SALT TALK: Governor Cuomo’s Press Conference Leads to More Questions regarding NYS Tax Deadline

TAX TALK: Home is Where the Tax Breaks Might Be

T&E TALK: Trusts to Consider When Estate Planning for a Blended Family

SALT TALK: Is Wayfair a Pandemic?

TAX TALK: Self-employed? You Might Be Eligible For Home Office Deductions

T&E TALK: Second Marriage? Time to Update your Estate Plan

SALT TALK: Live the Life You Choose

TAX TALK: Reasons For Married Filing Separately

T&E TALK: Curbing Power of Attorney Abuse

SALT TALK: Permanent Place of Abode: Taking Ownership

TAX TALK: Tax Impact of Selling Mutual Fund Shares

T&E TALK: Do You Need To File A Gift Tax Return?

SALT TALK: Sales Tax on Capital Improvements – Are You Secure?

TAX TALK: Cut Your Tax Bill With IRAs

T&E TALK: For Non-U.S. Citizens, Estate Planning Rules Are Different

SALT TALK: NYS Ends Sales Tax on Beer Flights in Anticipation of Proposed Gross Receipts Tax on Data

TAX TALK: Numerous Business Tax Limits Increased For 2020

T&E TALK: When Inheriting Property, Be Aware Of The Basis Consistency Rules

SALT TALK: Telecommuting May Result in Inconvenient Truths

TAX TALK: Can You Deduct Charitable Gifts?

T&E TALK: Estate Planning Through The Years

SALT TALK: They Call It Instant Justice - Sales Tax on Protective and Detective Services Clarified

TAX TALK: Help Protect Personal Information By Filing Early

T&E TALK: Nongrantor Trusts Soften The Blow of the SALT Deduction Limit

SALT TALK: Lose a Lawsuit, Pass a Law: NJ Pass-Through Entity Tax a Reality

T&E TALK: Nondeductible IRA Contributions Require Careful Tracking

TAX TALK: Law Changes That May Affect Your Retirement Plan

SALT TALK: Traps in Transactions — Don’t Take Sales Tax So Casually

TAX TALK: New Law Delivers Tax Breaks to Businesses and Employers

T&E TALK: IRS Confirms Large Gifts Now Won’t Hurt Post-2025 Estates

SALT TALK: 2020 Planning Tips – Wayfair Issues: Revisiting Responsible Person Liability vs. Sales Tax Class Action Suits

TAX TALK: Have a Side Gig? Understand Your Tax Obligations

T&E TALK: Three Pitfalls When Naming a Life Insurance Policy Beneficiary

TAX TALK: Adopting? Enjoy the Tax Savings

T&E TALK: Consider Making Direct Payments of Tuition and Medical Expenses

SALT TALK: What I Didn't Do On My Summer Vacation

TAX TALK: Holiday Parties and Gifts and Tax Breaks

T&E TALK: Five Estate Planning Questions for Single Parents

SALT TALK: Independence Brings Growing Pains

TAX TALK: What Medical Expenses Qualify for a Tax Deduction?

SALT TALK: Year End Planning Tips – Taxing Reasons Not to Visit Your Relatives for the Holidays

TAX TALK: Know Your Taxpayer Filing Status

T&E TALK: Avoiding or Minimizing Probate – It’s All About Planning

SALT TALK: Inferences, Conclusions, Relationships, and Residency Audit Traps

TAX TALK: Use Your 401(k) to Save this Year and Next

T&E TALK: Choosing a Guardian For Your Child

SALT TALK: Refund Claims – Don’t Make a Leap of Faith on What Difference a Day Makes

T&E TALK: In An Unpredictable Estate Planning Environment, Flexibility is Key

SALT TALK: Should State Apportionment of Income Change with Your Mood(y’s)?

TAX TALK: Small Businesses: Avoid The Payroll Tax Penalty

T&E TALK: Net Investment Income Tax Is Alive And Well

SALT TALK: POTUS is Leaving on a Jet Plane

TAX TALK: IRA Charitable Donations - An Alternative to Taxable Required Distributions

T&E TALK: A “Broken” Trust Can Be Fixed

SALT TALK: NYS IDA Benefits Now Support Energy Efficient Projects

TAX TALK: Planning to Sell Securities By Year End? Avoid The Wash Sale Rule

T&E TALK: Debunking The Misconception That Estate Planning Is Just For The Wealthy

TAX TALK: Use Coverdell ESAs to Help Pay for Child’s and Grandchild’s Education

T&E TALK: Secure Your Philanthropic Legacy with a Charitable Remainder Trust

SALT TALK: NY Residency Fight of the (Next) Decade?

TAX TALK: Navigating the Unemployment Tax Costs of Your Business

T&E TALK: Is a Self-directed IRA Right for You?

SALT TALK: Dismissal of SALT Deduction Lawsuit Guaranteed to be First Year Law Students’ Civil Procedure Final Exam

TAX TALK: Maximize the Gift Tax Exclusion Rule

T&E TALK: Family Businesses May Find Estate Tax Relief in Section 6166

TAX TALK: Tax Issues with Series EE Savings Bonds

T&E TALK: With AFRs Low — Take a Look at Your Gifting Plans

SALT TALK: Let’s Chart a Course

TAX TALK: Some Relief from College Costs on Your Tax Return

T&E TALK: The “Crummey” is Still Relevant

SALT TALK: Should I Stay or Should I Go?

TAX TALK: 2019 Q4 Tax Deadlines for Businesses and Other Employers

T&E TALK: You Can Control How Your Charitable Gifts Are Used

SALT TALK: Golf and a Little Bit of Residency Planning, Anyone?

TAX TALK: Next Estimated Tax Deadline is 9.16: Do You Have to Make a Payment?

T&E TALK: Take Intrafamily Lending to the Next Level - Establish a Family Bank

SALT TALK: Online Retailers – You’re Not in Kansas Any More

TAX TALK: Expenses That Teachers Can and Can’t Deduct

T&E TALK: Expanded 529 Plans Offer Unique Estate Planning Benefits

SALT TALK: You Are What You Eat – How Sales Tax Can Get You in Shape

TAX TALK: Taking Distributions from a Traditional IRA

T&E TALK: Your Tax Apportionment Clause Should Be Carefully Worded

SALT TALK: What’s Left Behind

TAX TALK: Tax implications of Gambling Winnings

T&E TALK: Your Will – Understand the Basics

SALT TALK: Who Let the Dog Out? – Legislation by Administration Leads to Confusion

TAX TALK: Kiddie Tax Hurting Families More than Ever

T&E TALK: Power of Attorney – Understand the Two Types

SALT TALK: Who Needs a Vacation When You Can Take a Sales Tax Holiday?

TAX TALK: The Nanny Tax Covers More Than Just Nannies

T&E TALK: Naming a Trustee — A Pivotal Decision

SALT TALK: Traps in Transactions: Don’t Stumble Over a Good Deal

TAX TALK: Now May be the Time to Buy Business Equipment and Other Depreciable Property

T&E TALK: A Buy-sell Can Provide Liquidity to Cover Estate Taxes

SALT TALK: I Sue You, You Sue Me, They Sue Us, Here We Go Again[1]

TAX TALK: If You Volunteer for Charity You May Get a Tax Break

T&E TALK: This May be an Ideal Time for a Roth IRA Conversion

SALT TALK: Somewhat Less Favorable REIT Treatment Confirmed by Appellate Division

T&E TALK: Assets with Sentimental Value Require Extra Planning

SALT TALK: Life Coaching, GPS, or Tax Planning

TAX TALK: You May have to Pay Tax on Social Security Benefits

T&E TALK: Jointly Owning Property Can Have Negative Outcomes

SALT TALK: Ruling on Market Based Sourcing Dispenses with Traditional Doctrine - My Customer’s Customers are Not My Customers

TAX TALK: Kids off to Day Camp? You may be Eligible for a Tax Break

T&E TALK: Getting Divorced? Time to Review Your Estate Plan

TAX TALK: 2019 Q3: Key Deadlines for Businesses and Other Employers

T&E TALK: Weigh Your Options When Addressing Life Insurance in Your Estate Plan

About Berdon Blogs

Our experts examine the latest trends, economics, business conditions and industry issues to provide timely information you need to maximize your tax advantages and meet your financial goals.

SALT TALK: Hear an insider’s perspective on the business issues, legislative updates in state and local tax, and tax aspects behind today’s headlines.

T&E TALK: Gain insights into how changes in tax laws, shifts in the financial markets, and regulatory concerns will impact assets and affect preserving and transferring wealth.

TAX TALK: Get an all-inclusive perspective on regulatory changes, industry issues, and trends from our team of multidisciplinary tax professionals – many of whom also hold J.D. and LL.M degrees.