NEW IRS PARTNERSHIP/LLC AUDIT RULES Beginning with the 2018 returns, there are major changes to the audit rules that impact partnerships and LLCs taxed as partnerships. The new rules make the partnership, not the partners/members, liable for any payments due as a result of an audit....
We are proud to announce Thomas Lowenberg, CPA has been elected president of the board of directors to the Long Island Chapter of Community Associations Institute. The Long Island Chapter of Community Associations Institute serves the educational, business, and networking needs of the community association industry...
Described as the “nation’s strongest and most comprehensive Paid Family Leave policy,” in 2016, Governor Cuomo signed into law the New York State Paid Family Leave (PFL) program. Beginning January 1, 2018, PFL will provide New Yorkers job-protected, paid leave to bond with a new...
The Internal Revenue Service today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers and tax professionals, the IRS said that despite newly-enacted restrictions on home mortgages, taxpayers can often still...
Thomas Lowenberg featured in Long Island Business News in their full page spread. ...
