Michael J. Greenwald

This Week In Tax is your one-stop shop for the latest newsworthy tax highlights, giving you a head start on...

The IRS is mandating a new form starting with returns for 2021. The 7203, "S Corporation Shareholder Stock and Debt Basis...

Over the past few weeks there have been some new rulings on topics we have discussed previously. Given that Congress...

Memorial Day is Monday, May 30. We honor the memory of the fallen heroes who made the ultimate sacrifice for...

We wrote last week about the America COMPETES Act designed to make American businesses more competitive internationally, particularly with China. Now,...

An old aphorism coined by Sir Alec Issigonis, designer of the original Mini, goes that “a camel is a horse...

It has been a rough few years for the real estate industry. While we have all been shown how unpredictable...

Auto #1 – Auto Dealers LIFO Inventory Issues You may recall that in January we told you about how supply chain...

Congress has introduced two bills of interest to the automotive industry — the first addresses dealers' LIFO inventory concerns and...

President Biden has sent his 2023 budget proposal to Congress, and it includes information about the way individuals, estates, and...

The President sent Congress his budget proposal for the 2023 fiscal year. Along with it came the Treasury Department’s General...

Now that we’ve gone through the individual, estate, gift proposals, let’s tackle some others which may, with one exception, have...

It’s not surprising that the IRS is struggling to catch up with cryptocurrency, and fintech in general, given how the...

To say that the tax treatment of cryptocurrencies is uncertain would be an understatement. The IRS hopes its guidance will help...

You’ve probably heard of Bitcoin. Even if you don’t own it, you likely know someone who does. Since its 2009 debut,...

According to the budget justification it submits to Congress each year, the United States Tax Court’s mission is to provide...

Two recent court cases remind us that just because you own a business doesn’t mean it can pay for your...

This week it was announced that Cantor Fitzgerald and Silverstein Properties closed the Cantor Silverstein Opportunity Zone Trust with approximately $530...

Thank goodness Dr. John Warnock created the Portable Document Format (PDF). This week, the Staff of the Joint Committee on...

Even before there was an Internal Revenue Code (IRC) as we know it (1913), there was a deduction for business...

The Staff of the Joint Committee on Taxation just released its Bluebook covering more than 200 tax provisions passed since...

The midterm elections are less than eight and half months away and primary season has already started in many states....

Of the various COVID-19 relief programs enacted by Congress since March 2020, the Employee Retention Credit (“ERC”) is both the...

Which credits are pending extension and how does a recent ruling in an REIT case stand to impact the industry?...

On The Daily Show they say, “When news breaks, we fix it.” We like to follow suit. Since Congress is...

The IRS is offering Schedule K-2 and K-3 exemptions for certain partnerships and S-Corps. Our coverage will help you figure...

In our February 11 issue of This Week In Tax, we told you that your business tax return just got...

Note: This article was originally published on February 11, 2022. As of February 17, 2022 the IRS has since revised their...

Even though the tax return filing deadlines are still over 9 weeks away (just under 5 weeks for partnerships and...

This week, California Governor Gavin Newsom signed into law Senate Bill 113 which provides a much needed fix to the Elective Pass-Through...

New this week: The Self-Directed IRA may be your path to an unconventionally successful retirement. Plus, what is loss-harvesting and...

Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...

Want to see your name in lights? New Jersey is offering incentives to attract the film industry. Learn how to take...

William Shakespeare’s Juliet thought that a name was arbitrary or irrelevant. Apparently, IRS Chief Counsel agrees, at least when it...

Not long ago we wrote about a case involving the so-called “hobby loss” rules and how a taxpayer was able to...

Happy New Year and welcome back! This week, two recent cases illustrate the steps you can take to ensure your...

In addition to the medical and sociological implications of the COVID-19 pandemic, the economy has been hard-hit by supply chain...

*Note: In recognition of our employees incredible hard work this year, Friedman LLP will be closed from Friday, December 24...

*Note: In recognition of our employees incredible hard work this year, Friedman LLP will be closed from Friday, December 24...

As 2021 winds down and Congress continues to wrestle with the Build Back Better Act (“BBBA”), you should be aware...

All good things come to an end, but it’s not too late – read this week’s break down of time...

As 2021 draws to a close and we await a possible Christmas Eve present from Congress in the form of...

With our sights set to the holiday season and 2022, read our latest on recently published guidance and FAQs covering...

*Note: This Week In Tax will not be publishing next week. Happy Thanksgiving and enjoy your holiday! Cryptocurrency Reporting Rules: President Biden...

*Note: This Week In Tax will not be publishing next week. Happy Thanksgiving and enjoy your holiday! In the latest edition...

The old saying, "if it sounds too good to be true, it probably is," is practically gospel in the tax...

New this week: The Taxpayer Advocate Service ("TAS") suspends taking on amended return cases due to IRS backlog. Additionally, the Employee Retention...

As expected, the Infrastructure Investment and Jobs Act, otherwise known as the Bipartisan Infrastructure Plan (“BIP”), passed the House of...

World War I formally ended at the 11th hour of the 11th day of the 11th month of 1918. A...

In a press briefing on August 5, President Biden announced a strategy favoring a shift towards Electric Vehicles (or “EVs”)...

At this writing, President Biden is in Rome for the G20 Summit to be followed by the UN Climate Change...

The tax changes and revenue generating aspects within the Build Back Better bill are now in focus, with some surprising inclusions...

In the race to give President Biden something to talk about in Rome and Glasgow, the House Rules Committee released...

After a tumultuous 2020, “uncertainty” remains the watchword, especially when it comes to tax planning. The shift in Washington and...

New this week: Q Texas court sets a high price in a case involving a business alter ego. The High Cost of...

Taxpayers often establish business entities to shield themselves personally from liabilities of the business. The laws of different states provide...

New in this week: The Financial Crimes Enforcement Network announces deadline extensions for victims of Hurricane Ida, plus Congress weighs in...

In June, we told you about recent Internal Revenue Service (IRS) enforcement action related to its 2017 Notice designating types of transactions...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout the...

Most everyone has a hobby. Some percentage of those with a hobby earn money from their efforts. Gardeners sell their...

Find the latest Hurricane Ida tax relief update, as well as a surprising tax court ruling in our latest edition...

In 1997, Congress gave the Treasury the authority to postpone certain deadlines by reason of Presidentially declared disaster. (In 2002,...

The economic impact of the COVID-19 pandemic lingers and many programs – Paycheck Protection Program (“PPP”) loans, Restaurant Revitalization Fund...

Strengthen your financial decision-making with expert insights on COVID-19 related recovery and President Biden's recently released House Ways and Means Committee...

Ben Franklin famously said, “[O]ur new Constitution is now established, and has an appearance that promises permanency; but in this...

This week, find crucial new tax relief developments in the wake of Hurricane Ida, plus learn how to maximize the...

Hurricane Ida may be gone but the damage she inflicted and the emergency conditions she created will remain for some...

Start September on the right foot with tax guidance from our experts on the proposed DASH Act and New Jersey's...

Some people take their jobs more seriously than others. By way of example, Senate Finance Committee Chair Ron Wyden has...

Prepare for the month ahead with new tax highlights and guidance from our experts. She is Working Remotely – Independent Contractor...

Friedman was named “Highly Commended” in the Achievement to Communications Response to 2020 at the Gartner Communications Awards held on...

Find the latest tax guidance on the Tax Cuts and Jobs Act (TCJA) and updates on foreign tax credits —...

It should ordinarily be obvious that if something isn’t part of gross income is shouldn’t be considered part of gross...

The so-called carried interest “loophole” has been a target of many presidential candidates and legislators. President Biden campaigned on closing it...

This week's tax highlights include additional ERC guidance and clarification, carried interests and gross receipts. IRS Notice 2021-49: Additional ERC Guidance and Clarification Earlier...

Earlier this year, the IRS issued two notices, 2021-20 and 2021-23, attempting to provide guidance on the Employee Retention Credit...

Read the latest from our advisors for updates on the Paycheck Protection Program, Employer Identification Numbers, and the latest Infrastructure bill in Congress. The...

The $1 trillion (or so) Infrastructure Investment and Jobs Act (“IIJA”) is moving its way through the Senate. It is...

Paycheck Protection Program (“PPP”) loans were created to forestall the economic catastrophe of mass layoffs due to the impact of...

If you’ve ever searched the Internet looking for information on a particular tax topic, you may have been directed to...

Start August on the right foot with new tax highlights and guidance from our experts. You Too Can Know What IRS...

With recess looming in less than two weeks, the bipartisan group of Senators negotiating a stand-alone infrastructure bill announced that...

Welcome back to another weekly tax roundup, featuring insights on SALT Cap workarounds and PTE, pass-through deductions and PPP loans. The List is...

As he promised last month, Senate Finance Committee Chair Ron Wyden has proposed legislation aimed at “fixing” the 20% Qualified...

The Paycheck Protection Program (“PPP”) was a key part of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)...

As another week comes to a close, our team is here to bring you another roundup of tax highlights, this...

The United States Supreme Court decided yet again not to intervene in a federal income tax case. It is not...

Read on for this week's new and noteworthy tax highlights, straight from our advisors: IRS Enforcement Team, Resources Growing – Partnerships...

We mentioned a few weeks ago that the IRS is stepping up their examination of LLC members and underreporting of...

In this age of the pandemic, the respective states have suffered severe reductions in their expected tax revenues. Since many employees...

Just like that, we blinked and it was July. Don't let the summer — or this week's new and noteworthy tax...

The 2017 Tax Cuts and Jobs Act (“TCJA”) brought many changes reducing the tax burden for corporations, owners of pass-through...

Everyone agrees that the Internal Revenue Code is complicated. No one is sure exactly how long it is, but recent...

The Internal Revenue Code is often used as a means of encouraging certain socially positive behaviors. Among these are charitable contributions...

Entrepreneurs often spend money in addition to time in the pursuit of a successful business. They bear the risks and, in...

Last week the Supreme Court essentially upheld the Affordable Care Act (“ACA”), determining that the plaintiffs, which included several states...

As June steadily comes to a close, here's a snapshot of this week's newsworthy tax highlights to give you a head...

It is often said that the people who make out best in a divorce are the attorneys. Sometimes, however, it’s...

Cicada broods re-emerge every 13 to 17 years. The question of whether LLC members are subject to self-employment tax (“SE...

In response to taxpayer requests, the Internal Revenue Service (IRS) will sometimes provide a Private Letter Ruling (“PLR”) to a...

Welcome to the first edition of Friedman's "Week in Tax" Highlights. Stay informed of the critical tax changes that matter...

It is hard to believe but the Internal Revenue Code section known as 1031 is 100 years old this year. Along...

Supporting members by guiding growth and augmenting services through easy-to-access technical tools, syndicated content, training programs and administrative support services,...

The Small Business Administration (“SBA”) has begun releasing information on the launch of the Restaurant Revitalization Fund (“RRF”). Similar to the...

President Biden campaigned on a promise to “Build Back Better.” He also promised to raise corporate taxes, eliminate tax breaks...

Companies across the globe were unceremoniously forced to adjust to a distributed workforce — most without the tools needed to...

As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...

Prepare your business for significant dates surrounding Paycheck Protection loan applications, Shuttered Venues Operator Grants and Restaurant Revitalization Fund Grants...

Find out how you can take advantage of the recently extended Employee Retention Credit (ERC) to offset employee costs and...

Access this powerful recording where our experts unpack key provisions of the newly released IRS Employee Retention Credit guidance and...

Despite continued reassurances that the IRS could handle all of the recent COVID-19 related stimulus — including another round of...

The American Rescue Plan Act of 2021 (the “Act”) is the most extensive COVID relief bill yet. Its provisions are...

While we were all busy watching the IRS try to pivot for the changes to the Employee Retention Credit, the...

In December, Congress passed the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the “Relief Act”) which was enacted...

What do I need to do from a payroll tax perspective? How to I remain compliant with reporting? These are...

Watch this insightful discussion examining little-known techniques to leverage the Opportunity Zone (OZ) program to yield significant tax benefits. Uncover unique strategies that can drastically impact after-tax investment outcomes for those who already...

Learn more about the rule changes to the PPP loan program for the self-employed in this exclusive interview with Michael...

What is My Business Worth Now? Minimize the adverse effects of the current business environment and enhance the value of your...

Changes to Financial Reporting Due to COVID-19 Watch this exclusive "Meeting of the Michaels," who sat down to discuss how the...

In this exclusive "Meeting of the Michaels," both sat down to discuss COVID-19’s impact on financial statements and reporting. Learn about...

The CARES Act passed last March contained a number of important stimulus provisions. Among these were the Paycheck Protection Program...

The real estate industry is rapidly adapting in response to the economic impact of COVID-19. Watch this new episode of Outlook from...

On December 27, 2020, Congress enacted the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the “Economic Aid...

Friedman's experts walked participants through critical details of the new stimulus bill, the Consolidated Appropriations Act of 2021. Access the complete...

The Treasury Department and the Small Business Administration (“SBA”) have announced that they will begin accepting applications for new Paycheck...

Michael Greenwald, tax leader at Friedman LLP, was recently quoted in a recent Bloomberg publication on deduction issues related to businesses receiving...

The initial attention generated by the Consolidated Appropriations Act, 2021 (“the Act”) focused on the economic relief provisions – enhancement...

Like college students right before winter break, the 116th Congress closed its term with one last all-nighter. And, while the...

COVID-19 and Structured Financial Transactions Watch as our financial experts share lessons learned from past economic crises and how structural protections can...

As most of you are aware, the incoming Biden administration has put forth a tax plan that could have meaningful...

The Paycheck Protection Program (“PPP”), passed as part of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), was...

Faster, Stronger and More Efficient Tech: Are You Prepared for Tomorrow? Watch this week's Outlook From The Inside episode featuring emerging tech...

Over the course of the Paycheck Protection Program (“PPP”), the Small Business Administration (“SBA”) has released guidance in the form...

Michael Greenwald, Tax Leader at Friedman, shared his insights with LIBN on the 179D tax incentive and the upcoming December 31,...

How Will the Presidential Election Impact Your Business Taxes? Watch today's segment, featuring emcee Michael Greenwald and guest speaker Robert Charron...

It has been six weeks since we last heard from the SBA and Treasury with regard to Paycheck Protection Loan...

Michael Greenwald, Business Tax Leader at Friedman LLP, recently shared his insights with Financial Advisor on depreciable business assets and the tax...

Michael Greenwald, Friedman’s Business Entity Tax Practice Leader, recently shared his insights with U.S. News and World Report on what a...

Friedman’s Business Tax Practice Leader, Michael Greenwald, was recently featured on the NJCPA Focus Blog sharing his article on the SBA’s latest...

With four days to spare before the effective date of Tuesday, September 1, Treasury finally released guidance implementing the President’s...

Just when you thought it was safe to proceed with applying for Paycheck Protection Program (“PPP”) loan forgiveness, the Small...

Last week, the Treasury and IRS announced final regulations limiting the effectiveness of certain State and Local Tax (“SALT”) cap workarounds. Following...

As the Small Business Administration (SBA) gets ready to accept lenders’ Paycheck Protection Program (PPP) loan forgiveness applications on August...

The Tax Cuts and Jobs Act (“TCJA”) was the most sweeping overhaul of the Internal Revenue Code since President Reagan’s...

On July 28, the Internal Revenue Service finally released its guidance on the deductibility of business interest. We expected this...

Michael J. Greenwald, MPPM, CPA, Partner, Business Entity Tax Practice Leader spoke aboutPPP Loan Forgiveness in an exclusive webinar with Obermayer. Watch the full...

In a departure from its previous practice, the Small Business Administration (“SBA”) chose to release its latest update – clarifications...

It’s been a busy week for those of us involved with the Paycheck Protection Program (“PPP”). Late Tuesday evening, the...

Friedman LLP was recently featured in Inside Public Accounting announcing our new Paycheck Protection Program Forgiveness Service designed to help relieve...

Access the recording from our recent Q and A session with our experts on Congress’s newly passed Paycheck Protection Program Flexibility...

The Paycheck Protection Program (“PPP”) enacted in late March was intended to be a lifeline for small businesses. Experience showed...

In response to the growing demands on lenders to process and administer high volumes of loans subject to strict forgiveness...

Access the full recording from our recent webinar where our experts addressed the major changes included in the May 22nd...

Friedman’s Michael Greenwald featured in Accounting Today on the PPP. “Businesses whose loans have been funded must now focus on carefully tracking how they...

Michael Greenwald, Partner at Friedman LLP and Business Entity Tax Practice Leader, recently spoke to Accounting Today about what to tell...

Friedman’s Michael Greenwald recently spoke with Financial Advisor on the Paycheck Protection Program (PPP) loans. Generally, there can be a tricky interplay...

Acknowledging that all gave some and some gave all, allow us to take a moment to thank those of you...

Watch our recent “New Guidance on PPP Loan Forgiveness” webinar where our experts discussed the Small Business Administration’s recently released...

Fortunately, borrowers now have official guidance regarding Paycheck Protection Program (“PPP”) loan forgiveness in the form of an application with detailed...

On May 13, the SBA released an Interim Final Rule (“IFR”) which will enable certain partnerships that applied for Paycheck...

The Small Business Administration (“SBA”) has released additional guidance attempting to clarify how it will view the good faith certification...

Since the CARES Act was passed, taxpayers and their advisors have wondered if expenses paid for with Paycheck Protection Program...

[This article was updated on April 29 to reflect the IRS’ §7520 for May 2020] While it is worrisome to watch...

Friedman’s Michael Greenwald recently spoke with South Jersey Biz on the evolving nature of the Coronavirus Aid, Relief, and Economic Security...

On April 24, the Small Business Administration (“SBA”) and Department of the Treasury published a Q&A outlining how businesses of...

The president signed a $484 billion coronavirus relief bill that will replenish the funds available to small businesses through the...

Access the live recording of our virtual webinar where our nonprofit experts answered frequently asked questions in light of COVID-19,...

The real estate industry stands to be significantly affected by the economic impact of the COVID-19 pandemic. To help guide...

Following a frantic rush to become familiar with the CARES Act, and the Paycheck Protection Program (“PPP”) it introduced, businesses...

Michael Greenwald, MPPM, CPA, Partner, Business Entity Tax Practice Leader

Two Federal Reserve programs, the Main Street New Loan Facility and Main Street Expanded Loan Facility, which together will make...

In a flurry of activity on Thursday, the IRS issued a News Release, two Notices and two Revenue Procedures providing...

Last night (April 2nd), the Treasury Department issued Interim Final Guidance implementing the Paycheck Protection Program. While the rules do...

[NEW] Relief for Workers Affected By Coronavirus Act Flowchart On March 27 the President signed the CARES Act, or coronavirus stimulus bill....

On March 31, 2020, Friedman hosted a live, virtual session where our experts answered frequently asked questions about the recently...

Friedman’s Michael Greenwald recently spoke with Accounting Today on how the coronavirus has impacted this year’s tax season. “The extension of the...

UPDATE:  On March 20th, the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor announced plans to...

On March 20, the IRS released a notice providing guidance for taxpayers with respect to the extension of time to...

The Treasury’s latest proposal for dealing with the economic dislocation caused by the coronavirus pandemic allocates more than $1 trillion...

According to comments at a press conference and throughout the day, Treasury Secretary Steven Mnuchin says the Treasury intends to...

Michael Greenwald, Friedman partner and leader of the firm’s Business Entity Tax Practice, has been appointed to serve on the...

The Tax Cuts and Jobs Act (TCJA) of 2017 eliminated the entertainment deduction but kept the deduction for travel expenses...

Friedman's Michael Greenwald recently provided Bloomberg with insight on the upcoming tax season, saying it will likely be just as difficult...

Just before Christmas, the President signed the fiscal year 2020 appropriations bill which extended a number of tax benefits that...

Friedman's Business Entity Tax Practice Leader, Michael Greenwald, recently discussed the future of the accounting industry and how firms and...

Friedman's Business Entity Tax Practice Leader, Michael Greenwald, and Tax Practice Leader, Bob Charron, recently discussed the tax liabilities that...

Watch Partner and Business Entity Tax Practice Leader, Michael Greenwald's recent presentation at "Paths to Liquidity and Diversification," where four firms...

Friedman's Business Entity Tax Practice Leader, Michael Greenwald, recently discussed the reporting of tax basis capital in regards to partnerships with...

Friedman's Corporate and Business Tax Practice Leader, Michael Greenwald, recently discussed the appeal of 1031 Exchanges with Forbes. A 1031 Exchange...

Since the creation of Qualified Opportunity Zones (QOZ) under the Tax Cuts and Jobs Act, the excitement surrounding this powerful...

Corporate and Business Tax Practice Leader, Michael Greenwald, recently spoke with Forbes on Deferred Sales Trusts. Greenwald says that a required...

The Bipartisan Budget Act of 2015 established a new “centralized audit” regime for partnerships, including LLCs taxed as partnerships. Although...

Check out the highlights from our 2nd Annual South Jersey Business Leadership Forum! The event featured an array of speakers including;...

Michael Greenwald, a member of Friedman's Qualified Opportunity Zone ("QOZ") Practice, discussed recent updates from the IRS on Opportunity Zones with...

Corporate and Business Tax Practice Leader, Michael Greenwald, shares the significant changes to the tax code brought along by the...

Empower your financial decision making with insights from Friedman's cutting-edge tax advisors on leading Tax Cuts & Jobs Act topics....

Friedman's Corporate and Business Tax Practice Leader, Michael Greenwald, sat with NBC News to discuss a new addition to partnership tax...

Friedman’s tax experts have stayed on the pulse of changes surrounding the Centralized Partnership Audit Regime (CPAR), enacted as part...

In response to growing questions surrounding this new, complex investment strategy, Friedman's Qualified Opportunity Zone Consulting Practice presented an informative webinar to...

After much waiting, the IRS has provided the final rules for the new 20% deduction for pass-through businesses. The final rules...

One significant element of the Tax Cuts and Jobs Act of 2017 (“TCJA”) was the new limit on deductibility of...

Real Estate Finance and Investment reached out to Friedman's Michael Greenwald for insight on how the government shutdown has affected Qualified...

Corporate and Business Tax Practice Leader, Michael Greenwald recently gave his expert advice to partnerships in an article published by Bloomberg BNA. Greenwald stresses the...

New York — December 18, 2018 — Top 50 accounting and advisory firm, Friedman LLP, expands its dynamic service offerings...

As 2018 comes to a close and with the holidays upon us, the IRS has given us a gift in...

During the recent AICPA Partnership Taxation Technical Resource Panel Spring meeting, Friedman’s own Michael Greenwald, MPPM, CPA, partner, chair of...

Eight months into the tax year, practitioners and taxpayers anticipated that the Section 199A deduction rules, released recently by the...

The recently proposed Section 199A statute has raised many questions, including who may qualify for the new deduction of up...

Friedman’s advisors are dedicated to delivering excellence in client service, especially when it comes to providing much-needed guidance surrounding changes...

Friedman’s tax experts have stayed on the pulse of changes surrounding the Centralized Partnership Audit Regime (“CPAR”), enacted as part...

The IRS recently clarified that the business meal deduction remains allowable in certain circumstances under the Tax Cuts and Jobs...

As the year draws to a close and taxpayers continue to navigate sweeping changes under the Tax Cuts & Jobs...

The IRS recently released the highly anticipated proposed regulations for Section 199A deductions. For self-employed individuals and pass-through entities, these...

Corporate and Business Tax Practice Leader, Michael Greenwald, was featured in an article on Tax Reform 2.0 by Accounting Today. Michael...

Michael Greenwald, Partner at Friedman and Corporate and Business Tax Practice Leader, was recently quoted in New York Real Estate...

The Internal Revenue Service ("IRS") recently released the highly anticipated proposed regulations for the Section 199A deductions — allowing for...

Watch the fourth episode in this exclusive series featuring Michael J. Greenwald MPPM, CPA, Partner to help inform your decision-making in light...

Since the law was passed in 2015, technical corrections to the new partnership audit law are finally giving the new regime...

There is still considerable uncertainty as to how to interpret many aspects of the new tax law, which results from...

Freidman’s Bob Charron and Mike Greenwald sit down with Michael Stoler to analyze the Tax Reform Act for individuals and...

Real estate brokers are left scratching their heads and wondering if they will benefit from a substantial tax deduction to pass-through...

When Congress passed the law formerly known as the Tax Cuts and Jobs Act (“TCJA”) in December 2017, most commentators...

Gain the knowledge you need to reap tax benefits and avoid pitfalls in the wake of the most significant overhaul to...

Friedman LLP’s Mike Greenwald shared pivotal insights on the impact of 2018 Tax Changes on the real estate industry at...

While revamping the United State Tax Code, Congress may have created a “grain glitch.” If left in place, the deduction...

Friedman LLP's Michael Greenwald discusses critical insights on the Tax Reform Act’s impact on small business and real estate. Watch...

Last Friday, December 15, the Conference Report reconciling the House and Senate versions of tax reform was released. Both the...

At present, it’s impossible to know what version of Tax Reform will become law in 2017—the House version, the Senate...

Friedman LLP’s Mike Greenwald shares insights in Long Island Business News in an article about “The Consequences of Saying ‘No’...

By now, you’ve seen media headlines covering the House Tax Reform Bill introduced on November 2. What you may not...

As Washington takes up the mantle of tax reform, Friedman LLP proudly releases a timely study featuring insights gleaned from a...

What key details and policy goals are missing from the Trump Administration’s tax plan? Friedman’s Mike Greenwald highlights the seemingly...

This exclusive Tax Alert provides expert insights on critical areas not mentioned in the President's recently released tax reform framework....

The White House released its promised tax reform agenda, known as the “September Framework.” While longer than the previous version,...

Michael J. Greenwald shares must-know insights surrounding impending adjustments to the Partnership Audit Rules in an exclusive Bloomberg BNA feature....

While an overhaul of the U.S. tax system, especially in the international context, is arguably long overdue. Uncertainty regarding the...

Tax reform changes could help consumers who rely on itemized deductions to lower their taxable income through mortgage interest payments...

Businesses are apprehensive that lawmakers could downgrade many of the changes they’re hoping to see in tax reform to short-term...

With the last major tax overhaul taking place more than thirty years ago, it’s time to modernize the tax code...

Concerned how tax proposals may impact you and your business? Learn how other business leaders would react to tax reform...

Michael Greenwald joined a panel of experts for an NJ Biz event focusing on tax reform and the first 100...

Forthcoming IRS regulations are expected to grant broad powers to those representing partnerships during audits, but these added capabilities could...

Five witnesses, including executives from AT&T Inc., Emerson Electric Co. and S&P Global, testified at the tax reform hearing May...

In a CBS Moneywatch story on the possible impact of a tax overhaul on the Kushner Companies, partner Michael Greenwald...

Investors and analysts are split on what's next for taxes in light of a renewed effort on Capitol Hill to...

The White House in recent days has walked a tight rope in the importance of the first 100 days. Michael...

Who would come out ahead and who would be left behind if President Donald Trump's tax plan were enacted as...

In an article in The Street on Trump’s recent unveiling of his tax plan, Partner and Corporate and Business Tax...

A recent survey* of business leaders conducted by Friedman LLP, showed some counterintuitive results when it came to the proposed...

As Washington takes up the mantle of tax reform, Friedman LLP proudly releases a timely series of insights gleaned from...

Bottom dollar. It conjures up images of orphans dancing across the stage in “Annie” or characters from a Damon Runyon...

Much like the rest of the country, the real estate industry is trying to figure out how it will be affected by the Trump presidency.

Tax-writers are looking at ways to “blend” full expensing and interest deductibility provisions in an overhaul of the tax code....

Law360, New York (February 1, 2017, 8:21 PM EST) -- Tax practitioners who were eagerly awaiting news on how the...

In preparation for Trump’s first 100 days in office, Partner and Corporate and Business Tax Practice Leader Michael Greenwald joined...

Real Estate leaders from around the New York metropolitan area recently gathered with Friedman LLP for a lively and insightful...

Excerpt from LIBN Featuring Michael Greenwald, MPPM, CPA Benjamin Franklin is revered for his sayings including in “this world nothing can be...

With many of president-elect Donald Trump’s proposed economic policies, many changes are underway. His plans could especially transform real estate...

As Seen in Bloomberg BNA All the investors may need to be on board if a partnership wants to “push out” to...

With a week until the election, local business leaders and legal experts convened at a Friedman forum in Philadelphia on...

Mike Greenwald gave his take to Forbes on the complexity of evaluating Trump’s tax history based on information provided in...

The IRS appears to be trying to advance as many pending regulatory projects as possible before the election. The new...

The State of New Jersey, home of low gas taxes, is increasing that tax to fund the state’s Transportation Trust...

As seen in Bloomberg BNA The Internal Revenue Service released three pieces of guidance for partnerships, addressing disguised sales and allocation of liabilities...

The IRS issued an alert yesterday warning taxpayers about a new scam involving emails sent to taxpayers with a fraudulent...

As Seen in Law 360 U.S. politicians have talked about corporate tax reform for years, and experts say they may finally be...

As Seen in Long Island Business News On Dec. 1, about 4.2 million workers who weren’t previously eligible will become entitled to...

With the 2016 election approaching, local businesses should be aware of certain key points when it comes to taxes. Partner...

A new rule forcing partnerships to declare they won’t voluntarily file for bankruptcy as a prerequisite for electing a revamped...

In the second half of 2016, tax practitioners are anticipating a number of key regulations promised by the IRS affecting...

Treasury's proposal to overhaul how intercompany debt is documented and characterized has drawn the most spirited reaction to tax regulations...

Both the House and Senate tax-writing committees are ramping up their focus on tax reform, hoping to set a pathway...

Oh, no. We’re now halfway through 2016, I haven’t filed my 2015 tax returns (fortunately they are on extension) and...

Forbes sat down with Friedman’s Mike Greenwald and Kim Dula to discuss Friedman’s recent research into business leaders’ sentiments regarding...

If you're looking for clues about how the IRS will approach regulations for the new regime for partnership audits, you...

We wrote in late November 2015 about the new partnership audit rules enacted as part of The Bipartisan Budget Act...

Blood pressures are rising at many small businesses now that tax season is underway. Michael Greenwald, partner with Friedman LLP,...

A new regime for auditing partnerships will greatly change how the IRS will examine the entities, so partners are beginning...

Partnership Audit Rules Revised Under 2015 Budget Act It is rare these days for Congress and the IRS to see eye...

Is the new audit regime easier for the IRS to enforce and for practitioners to advise clients about? Michael Greenwald,...

When it comes to taxes, is there a state that is winning the ‘tax battle?’ NJCPA Magazine asked Friedman LLP...

Welcome to the third quarter, when it's time to start thinking of 2015 as a tax year rather than the...

Vincent van Gogh is quoted as saying that, “great things are done by a series of small things brought together.”...

Michael Greenwald, Friedman LLP partner, sat down with The Street to discuss the same-sex marriage ruling and what it means for couples’ social security.

Dr. Seuss once said that “sometimes the questions are complicated and the answers are simple.” Well, he clearly did not have the employer shared responsibility provisions of the Patient Protection and Affordable Care Act (”ACA”) in mind.

The Supreme Court’s ACA decision may mean a significant increase in reporting requirements. Accounting Today and Friedman LLP partner, Michael Greenwald,...

If you are divorced and retired, you may be leaving money on the table when it comes to Social Security. Friedman...

Partner Michael Greenwald was recently featured on Fox 5 News discussing the pitfalls of leaving money on the table during...

The research tax credit may, in many cases, save taxpayers substantial tax dollars.

Friedman LLP is proud to announce the promotion of Michael Greenwald, MPPM, CPA, to the level of Partner.

Press Mentions and Announcements Principal Michael Greenwald was quoted in several publications: Congress Punishes Commuters in 2014 (WSJ Market Watch) Sausage Makers Don't...

Recent Press Mentions and Announcements Partner David McKelvey was recently interviewed by U.S. News & World Report on individual tax breaks...

Recent Press Mentions and Appointments Principal Michael Greenwald was profiled for a recent issue of Real Estate Weekly. Partner Harriet Greenberg was...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout the United...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout the United...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout...

In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout...

Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...

Join us for an advanced Commercial Leasing CLE seminar on Friday, November 19. Open to all attorneys and commercial real estate...

As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...

Tune in to an interactive and lively discussion on the newly released IRS Employee Retention Credit guidance and the new...

Tune in for an insightful discussion examining little-known techniques to leverage the Opportunity Zone (OZ) program to yield significant tax benefits. Uncover unique strategies that can drastically impact after-tax investment outcomes for those who...

Tune in to an interactive and lively discussion on the new stimulus bill, the Consolidated Appropriations Act of 2021, signed...

Friedman is proud to announce that Mike Greenwald, Partner and Business Tax Leader, will be presenting at the Sidoti Virtual...

Join NJBankers for a timely webinar on the recently passed Paycheck Protection Program Flexibility Act (PPPFA). The PPPFA aims to...

Friedman’s Michael Greenwald will be speaking in the 2020 Private Wealth & Tax Institute 2 day Continuing Professional Education Series...

Join us for an exclusive webinar where our experts will walk you through the Small Business Administration’s (SBA) recently released...

Amish Mehta and Michael Greenwald will be joining the NYSAE in a virtual webinar on Friday, May 15th from 11:00AM...

Join Friedman for a live, virtual webinar where our nonprofit experts will answer frequently asked questions about adapting practices, qualifying...

On March 31, 2020, Friedman hosted a live, virtual Q&A session where our experts answered frequently asked questions about the recently...

Since the creation of Qualified Opportunity Zones (QOZ) under the Tax Cuts and Jobs Act, the excitement surrounding this powerful...

Under the Tax Cuts & Jobs Act, Qualified Opportunity Zones ("QOZ") emerged as a powerful tool for individuals and businesses...

The IRS recently released the highly anticipated proposed regulations for Section 199A deductions. For self-employed individuals and pass-through entities, these regulations...

Friedman LLP will be hosting a timely and informative seminar that will cover how new tax laws will impact the...

Friedman LLP is a proud sponsor of NHP Foundation’s, Putting Faith in Housing: A Panel on Innovative Solutions for NYC’s...

With the New Year comes the most widespread overhaul to U.S. tax law in more than three decades. The Tax...

Friedman LLP’s Mike Greenwald will be one of three speakers at the Obermayer Rebmann Maxxwell & Hippel LLP event discussing...

Concerned how tax proposals may impact you and your business? Learn how other business leaders would react to tax reform...

Michael Greenwald, Partner, will serve as a speaker on a panel of experts addressing business owners who face critical junctures...

Michael Greenwald, CPA, Partner will be speaking on a panel of experts addressing impending changes to tax code, the roll...

Friedman LLP will sponsor The First 100 Days: Obamacare, a panel discussion presented by NJBiz. Partner and Corporate and Business Tax...

An Interactive Forum for Philadelphia Business Leaders Join Friedman LLP and a panel of influential political and business leaders including Sam...

Friedman LLP is proud to sponsor the next CFO Breakfast Learning Series hosted by CFO Studios. Partner and Corporate and...

On December 11, Kate Ulrich Saracene, Counsel at Nixon Peabody LLP, and Friedman LLP's Michael Greenwald will lead an interactive discussion on healthcare reform compliance, providing detailed strategies for employers to implement and meet the ACA's deadlines over the coming months.

Speakers:  Kate Ulrich Saracene, Counsel, Nixon Peabody LLPMichael Greenwald, Principal, Friedman LLP Moderator:Amish Mehta, CPA, Partner, Friedman LLP

Friedman LLP Director of Corporate Tax Michael Greenwald will be speaking at the Greater Atlantic City Chamber's "Understanding the Affordable Healthcare Act" Seminar, taking place on June 12 at the Greate Bay Country Club in Somers Point, New Jersey.