A leading tax expert in the New York Metropolitan area, Jeff has enabled his clients to realize significant tax savings through proper tax planning and consultation. Specifically, Jeff has extensive experience assisting clients with research and development credits, cost segregations studies, domestic production exemption, defined benefit pension plans, IC-DISCs, NYS Qualified Empire Zones and the Excelsior Program, as well as tax credit utilization.
In addition to Jeff’s role as the head of Tax services, he sits on the Firm’s Executive Committee and is the Treasurer of Long Island Elite (LIE). He has also received a number of accolades, including being named one of Long Island Business News’ “40 Under 40” and the 2013 New York Enterprise Reports Accountant of the Year. Jeff was also an honoree of the Kings of Long Island by Queens Courier in 2018.
Articles & Alerts
The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to provide retirement plans to their employees. According to the DOL, the rule will enable more small and midsize unrelated businesses to join forces in multiple employer plans (MEPs) that provide their employees a defined contribution plan such as a 401(k) plan or a SIMPLE IRA plan. Certain self-employed individuals also can participate in MEPs.
On January 18, 2019, Technical Advice Memorandum (TAM) 201903017 was released concluding that an employer cannot treat free employee meals as excludable under Code Section 119 “convenience of the employer” test.Read more
The IRS has some good news for certain taxpayers — it’s waiving underpayment penalties for those whose 2018 federal income tax withholding and estimated tax payments came in under their actual tax liabilities for the year.Read more
New York State has decided to decouple from the Federal Tax Cuts and Jobs Act (TCJA) certain personal income tax changes for tax years 2018 and after.Read more
For the past eight months, tax practitioners have been reviewing and interpreting the Internal Revenue Code (“IRC”) associated with the pass-through deduction (Sec. 199A) and awaiting additional guidance.
The Tax Cuts and Jobs Act of 2017 created code section 1400Z, which is designed to encourage economic growth and development through private investment in specific low income or rural communities and disaster areas.Read more
On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act.Read more
The House Ways and Means Committee is planning a "Phase II" tax plan directed at individuals and families to complement the Tax Cuts and Jobs Act.Read more
On April 12th, Gov. Andrew Cuomo signed into law the New York State budget bill, that among other things, created an employer payroll tax and new charitable contribution funds to offset the impact of the $10,000 federal cap on state and local tax deductions under the Federal Tax Cuts and Jobs Act.Read more
WASHINGTON — The Internal Revenue Service today granted many businesses affected by severe winter storms additional time to request a six-month extension to file their 2017 federal income tax returns.Read more
The New York City council recently enacted Int. No. 799-B, which significantly increased the Commercial Rent Tax (CRT) exemption.Read more
As reported by Reuters, President Donald Trump and congressional Republicans are now tackling tax reform. Tax staffers are meeting in the House of Representatives and the Senate through the August break to work on legislation that is expected to be unveiled next month.Read more