February 2018

New York City to Provide Commercial Rent Tax Relief to Small Businesses

Legislation effective July 1, 2018, will provide a significantly increased exemption under the Commercial Rent Tax Law (“CRT”) to certain Manhattan taxpayers. Currently, the CRT is applicable to commercial tenants south of the center line on 96th Street and north of Murray Street paying $250,000 or more in annual rent. The revised CRT exemption for […]

SMEs and Global Growth: Meeting Logistics Challenges

SMEs entering new foreign markets should pay close attention to efficient logistics—including finding a balance between outsourcing these functions and performing them in-house. A small or mid-sized enterprise (SME) establishing a presence in a new foreign market faces steep learning curves on several fronts. It must familiarize itself with the needs and preferences of a […]

Treat Your Medical and Spa Business to a Financial Facelift

A Paper addressing the reasons why Plastic Surgeons should consider separating their Clinical Practice from Spa Services and the value it creates. Engaging an innovative team of financial professionals allows our clients to reduce their tax burden, cut costs, retain more earnings, address the exit and succession concerns of the practice, and provide for the […]

GOP Tax Plan Passes Senate in 51-49 Vote

In the early hours of Saturday, December 2, 2017, the United States Senate voted narrowly in favor of GOP tax reform legislation, the Tax Cuts and Jobs Act (“TJCA”). The 51-49 vote comes after some notable changes were made to the previous version of the bill released by the Senate Finance Committee on November 16. […]