News

Los Angeles Business Journal’s 2024 Women of Influence: Accounting List

Prager Metis extends warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner, and Kayo M. Elkner, CPA, Principal, for being recognized in the Los Angeles Business Journal’s 2024 Women of Influence: Accounting list.

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Los Angeles Business Journal’s 2024 Women of Influence: Accounting List2024-07-29T16:06:31-04:00
Featured UK
Jul 09, 2024
|Prager Metis
|

Prager Metis Empowers Youth through Bankside Futures Career Spotlight Guidance Programme

Featured UK
| Jul 09, 2024

Prager Metis is thrilled to be a part of the Bankside Futures programme, an initiative designed to prepare young individuals aged 16-18 for professional careers. Our esteemed team members, including Abi Badmus, Ben Malitskie, Maria Christou, Pritpal Chaggar, Georgia Richfield, Pooja Pooranik, and Cameron Higgs, will be sharing valuable insights int

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Prager Metis Empowers Youth through Bankside Futures Career Spotlight Guidance Programme2024-07-12T14:36:23-04:00
Featured UK
Jun 24, 2024
|Prager Metis
|

Prager Metis Strengthens Indirect Tax Capabilities with the Appointment of Steve McCrindle as Partner

Featured UK
| Jun 24, 2024

June 24, 2024 – London, UK — Prager Metis, a leading global advisory and accounting firm, is pleased to announce the strategic appointment of Steve McCrindle as a Partner in the firm's Indirect Tax practice, based in the London office. Having nearly four decades of experience in indirect taxation, Steve brings an extensive expertise related to value added tax engagements (VAT) and an outstanding track record to the firm. With expertise, honed through years of experience at HM Revenue & Customs (HMRC) and several top UK accounting practices, Steve has become an invaluable asset to clients navigating the intricate landscape of indirect taxes.

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Prager Metis Strengthens Indirect Tax Capabilities with the Appointment of Steve McCrindle as Partner2024-06-24T11:01:34-04:00

Prager Metis Welcomes
Dan Smith as Manager

Prager Metis welcomes Dan Smith, JD, as Manager in the firm's Entertainment and Music Group. His music industry expertise aids clients across genres. He secures settlements for unreported and underreported royalties through audits claims and securing settlements while collaboration with artists, attorneys, managers, and investors.

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Prager Metis Welcomes
Dan Smith as Manager
2024-06-05T11:23:34-04:00
Featured UK
May 20, 2024
|Prager Metis
|

PM London Office Supports ‘Plan Zheroes’ in Fighting Food Waste and Hunger

Featured UK
| May 20, 2024

Our UK London office have chosen a local organisation called ‘Plan Zheroes’ to support for 2024. They help local charities in the London area by collecting and redistributing any surplus food from local markets to the nearby charities.

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PM London Office Supports ‘Plan Zheroes’ in Fighting Food Waste and Hunger2024-05-20T16:10:24-04:00
Events
Feb 22, 2024
|Prager Metis
|

Trusted Women Forum

Events
| Feb 22, 2024

As a proud sponsor of Trusted Advisor, Prager Metis is excited to present Susan Hoffnagle, Senior Royalty Auditor, as a featured speaker at the inaugural Trusted Women Forum on March 5th.

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Trusted Women Forum2024-02-22T15:26:48-05:00
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Japan Desk
Feb 20, 2024
|Prager Metis
|

FinCENは、2024年に設立または登録された報告対象会社に、初回の実質的所有者情報レポートの提出を60日以上の延長期間を与える。

Japan Desk
| Feb 20, 2024

FinCENは、2024年に設立または初めて登録された報告対象会社に延長を認め、これらの事業体に規制義務を理解し、遵守するための時間を与えます。

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FinCENは、2024年に設立または登録された報告対象会社に、初回の実質的所有者情報レポートの提出を60日以上の延長期間を与える。2024-04-01T11:54:14-04:00
163j, irc 163, irc 163j
Japan Desk
Feb 20, 2024
|Prager Metis
|

FinCEN BOI (実質所有者情報)の報告義務化

Japan Desk
| Feb 20, 2024

このたび、米国連邦政府は、2024年1月1日より米国企業への情報開示を強化する。FinCEN(フィンセン)米国財務省内の金融犯罪取締ネットワーク部局により、企業犯罪を防止・抑制する観点から、米国内で事業登録している企業に対して、実質所有者情報(BOI-Beneficial Ownership Information)の報告を、義務付けたのだ。報告対象となる企業は、大企業や特殊業種を除く、米国内に事業登録した企業の全てとなっている。FinCEN特設ウェブサイトにて、期限までに入力登録をしない場合、最高$10,000罰金等が科される。多くの米国進出日系企業は、これらの対応が必要となってくる。今回はその概要を説明する。

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FinCEN BOI (実質所有者情報)の報告義務化2024-04-01T11:45:00-04:00

Crypto transactions in the 2022/23 tax year exceed £49,200, you may still be required to file a UK personal tax return

If you are a cryptocurrency holder and your proceeds from crypto transactions in the 2022/23 tax year exceeded £49,200, you may still be required to file a UK personal tax return .

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Crypto transactions in the 2022/23 tax year exceed £49,200, you may still be required to file a UK personal tax return2024-03-19T17:13:17-04:00

Prager Metis CEO Glenn Friedman and Chief Strategic Innovation Officer Joe Rust on the Minding Your Business Show

Recently, Prager Metis CEO Glenn Friedman and Chief Information Officer Joe Rust were featured on the show Minding Your Business.

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Prager Metis CEO Glenn Friedman and Chief Strategic Innovation Officer Joe Rust on the Minding Your Business Show2024-01-10T13:02:22-05:00

113 Ways For Companies To Boost Business Performance In The Marketplace

Ways For Companies To Boost Business Performance In The Marketplace", Robbin Caruso explains how business owners can increase their bottom line by implementing efficient and timely tax planning techniques.

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113 Ways For Companies To Boost Business Performance In The Marketplace2023-10-18T18:15:44-04:00

Los Angeles Times B2b Publishing’s Inspirational Women Forum and Leadership Awards 2023

Prager Metis extends a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner, and Kayo M. Elkner, CPA, Principal, for being nominated to the Los Angeles Times B2b Publishing’s Inspirational Women Forum and Leadership Awards.

Read More »

Los Angeles Times B2b Publishing’s Inspirational Women Forum and Leadership Awards 20232023-09-13T16:50:41-04:00

Crain’s New York Business 2023 Notable Leaders in Accounting and Consulting List

Prager Metis extends a warm congratulations to Glenn L. Friedman, Lori A. Roth, and Craig Michaelson for being named to Crain’s New York Business' 2023 Notable Leaders in Accounting and Consulting List

Read More »

Crain’s New York Business 2023 Notable Leaders in Accounting and Consulting List2023-08-21T13:26:48-04:00
advisory

Los Angeles Business Journal’s 2023 Women of Influence: Accounting list

Prager Metis extends warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner, for being recognized in the Los Angeles Business Journal’s 2023 Women of Influence: Accounting list.

Read More »

Los Angeles Business Journal’s 2023 Women of Influence: Accounting list2023-07-31T16:19:07-04:00

Navigating the Taxation of Pensions in the US/UK Double Tax Treaty

Read the latest article from Arvinder Matharu, Principal, UK Global Services Co-Leader, "Navigating the Taxation of Pensions in the US/UK Double Tax Treaty," featured in GGI Insider's issue.

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Navigating the Taxation of Pensions in the US/UK Double Tax Treaty2023-05-16T15:38:23-04:00

15 Overlooked Financial Planning Topics Clients Forget To Ask About

Forbes' "15 Overlooked Financial Planning Topics Clients Forget To Ask About" recently featured E. Martin Davidoff, shedding light on crucial topics and trends that often go unnoticed during client meetings.

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15 Overlooked Financial Planning Topics Clients Forget To Ask About2023-05-01T15:59:21-04:00
Press Releases
Apr 24, 2023
|Prager Metis
|

Prager Metis CPAs Refocuses CFO Advisory Services; Welcomes New Principal – Christopher L. Zellman

Press Releases
| Apr 24, 2023

April 24, 2023 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is proud to announce the addition of Christopher L. Zellman as the newest principal in its CFO Advisory Services division.

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Prager Metis CPAs Refocuses CFO Advisory Services; Welcomes New Principal – Christopher L. Zellman2023-04-24T14:39:28-04:00

TikTok Tax Advice Is Everywhere, but the Tips Aren’t for Everyone

The Washintonian's latest article, "TikTok Tax Advice Is Everywhere, but the Tips Aren’t for Everyone", featuring Marnette Myers, talks about how social media, especially TikTok, is now becoming a source for tax advice.

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TikTok Tax Advice Is Everywhere, but the Tips Aren’t for Everyone2023-04-06T09:33:51-04:00
Press Releases
Mar 09, 2023
|Prager Metis
|

Prager Metis Announces 2023 Promotions, Naming Kayo M. Elkner and Rina Veygman, Principals of the Firm

Press Releases
| Mar 09, 2023

Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse, congratulates Kayo M. Elkner and Rina Veygman on their promotions to Principal, effective January 1, 2023.

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Prager Metis Announces 2023 Promotions, Naming Kayo M. Elkner and Rina Veygman, Principals of the Firm2023-03-09T13:34:20-05:00

Prager Metis Announces 2023 Promotions Wayne Eager, William McCallum, and Andrew Sgro Named Partners of the Firm

February 27, 2023 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia congratulates Wayne Eager, William McCallum and Andrew Sgro on their promotions to Partner, effective January 01, 2023. “Wayne, William and Andrew play an integral role in the continued growth and future success of our firm” says Co-Managing Partner Lori A. Roth. “Their expertise, leadership and dedication to our clients and our team have earned them this well-deserved promotion to Partner.”

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Prager Metis Announces 2023 Promotions Wayne Eager, William McCallum, and Andrew Sgro Named Partners of the Firm2023-03-09T13:33:16-05:00
Press Releases
Feb 15, 2023
|Prager Metis
|

Prager Metis CPAs Combines with The Gassman Financial Group

Press Releases
| Feb 15, 2023

February 15, 2023 – New York, NY —  Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse, announces its combination with The Gassman Financial Group, an independent financial planning firm based in the heart of New York City.

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Prager Metis CPAs Combines with The Gassman Financial Group2023-02-16T13:47:25-05:00
In The News
Jan 26, 2023
| Andrew Sgro, CPA
|

Prager Metis Grows Cooperative and Condominium Practice Acquires Long Island based practice group

In The News | Jan 26, 2023

Prager Metis, announces the expansion of depth and service of its national Co-op and Condominium practice with the recent acquisition of the Co-op and Condominium practice and related staff from MGO.

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Prager Metis Grows Cooperative and Condominium Practice Acquires Long Island based practice group2023-01-26T11:24:28-05:00

Senate Snubs Omnibus Amendment That Would Have Raised Limit For Issuing 1099-Ks

E. Martin Davidoff, CPA, Esq., Partner-in-Charge of the National Tax Controversy Practice for Prager Metis, recently quoted in the Forbes article: "Senate Snubs Omnibus Amendment That Would Have Raised Limit For Issuing 1099-Ks".

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Senate Snubs Omnibus Amendment That Would Have Raised Limit For Issuing 1099-Ks2023-01-02T05:32:38-05:00

Congratulations to Lori A. Roth! Recognized in Los Angeles Business Journal’s 2022 Leaders of Influence: Women in Accounting list

Prager Metis extends a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner, for being recognized in the Los Angeles Business Journal’s 2022 Women of Influence: Accounting list.

Read More »

Congratulations to Lori A. Roth! Recognized in Los Angeles Business Journal’s 2022 Leaders of Influence: Women in Accounting list2022-11-09T10:22:10-05:00

Meet the 2022 Notable Leaders in Accounting and Consulting

Prager Metis extends a warm congratulations to Glenn L Friedman, Lori A. Roth, Craig Michaelson, Steven L. Topal, Stuart H. Mayer, Dawn M. Bergen, and Fernando R. Lopez for being named to Crain’s New York Business' 2022 Notable Leaders in Accounting and Consulting List.

Read More »

Meet the 2022 Notable Leaders in Accounting and Consulting2022-09-12T16:30:48-04:00
Events
Aug 30, 2022
|Prager Metis
|

Music Mudder 2022

Events
| Aug 30, 2022

Prager Metis is proud to be a sponsor of Music Mudder 2022, a music-inspired endurance event that sees teams from across the music industry take on an adrenaline-pumping obstacle course.

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Music Mudder 20222022-08-30T14:04:56-04:00

Bethel Woods Center for the Arts 2022 Pavilion Season

Entertainment and Music
| Jul 19, 2022

Prager Metis is proud to sponsor the Bethel Woods Center for the Arts 2022 Pavilion Season. Bethel Woods is a non-profit cultural organization located at the historic site of the 1969 Woodstock festival, inspiring many new artists, and providing lively entertainment to the community.

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Bethel Woods Center for the Arts 2022 Pavilion Season2022-07-26T09:51:46-04:00

Tax compliance controversies on the rise

Many of the suspensions and extensions that were put in place during the pandemic relating to tax notices and collection efforts have been lifted.  Robbin Caruso offered her insight regarding what this means for individuals and businesses who owe taxes to the IRS in this Accounting Today article

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Tax compliance controversies on the rise2022-06-23T14:45:12-04:00
business manager, entertainment business manager, business management metaverse, music business manager, billboard business manager, variety business manager, business manager cpa, tax business manager, accountant digital assets, digital assets ,cryptocurrency blockchain tax xpa, cryptocurrency blockchain accounting, blockchain, nfts metaverse
Events
Jun 16, 2022
| Jay Levine, CPA, CGMA
|

Financial Statement Challenges for Private Entities and Practitioners

Events | Jun 16, 2022

Please join Jay L. Levine, Partner of Prager Metis, for this informative session at the NJCPA Convention, where he will be a panelist speaker on “Financial Statement Challenges for Private Entities and Practitioners”

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Financial Statement Challenges for Private Entities and Practitioners2022-06-16T12:08:13-04:00

Prager Metis is Proud to Sponsor the Platinum Minds “Leading The Way” Fundraising Dinner

Prager Metis is proud to sponsor the Platinum Minds “Leading The Way" fundraising dinner on May 16, 2022, at The Olde Mill Inn and Grain House Restaurant in Basking Ridge, New Jersey.

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Prager Metis is Proud to Sponsor the Platinum Minds “Leading The Way” Fundraising Dinner2022-05-11T12:38:16-04:00
Events
May 10, 2022
|Prager Metis
|

Swing for a Cure

Events
| May 10, 2022

The Prager Metis’s Charitable Foundation is pleased to sponsor Swing for a Cure, our 2nd Annual Golf Classic, along with a Silent Auction, in support of the Alzheimer’s Association.

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Swing for a Cure2022-05-10T12:27:40-04:00
Financial Services, LEADERS OF INFLUENCE: MINORITY CPAS 2022, Hedge Funds accounting , Funds-of-Funds, prager metis financial services, prager metis bank
Advisory
May 09, 2022
| Kayo M. Elkner, CPA
|

LEADERS OF INFLUENCE: MINORITY CPAS 2022

Advisory | May 09, 2022

Prager Metis extends a warm congratulations to Kayo M. Elkner, Director, for being recognized in the Los Angeles Business Journal’s Leaders of Influence: Minority CPAs 2022. The special recognition profiles a cross-section of outstanding professionals for their accomplishments and dedication to their clients, company, community, and the accounting

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LEADERS OF INFLUENCE: MINORITY CPAS 20222022-05-09T17:41:09-04:00

Selling Real Estate with IRS Liens: What are the Rules & Processes to Completing the Sale

Don't miss E. Martin Davidoff, Partner-in-Charge, National Tax Controversy, and Alison Gadoua, Tax Controversy Specialist, along with Guy Esposito, IRS Manager as they speak at the Middlesex County Bar Association's Tax Law/Real Estate Law CLE Program on May 2, 2022. They will be discussing Selling Real Estate with IRS Liens.

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Selling Real Estate with IRS Liens: What are the Rules & Processes to Completing the Sale2022-04-26T14:37:41-04:00

Important Tax Benefits of Real Estate Investing and Tax Saving Strategies for Investors

Robbin Caruso was recently featured in Real Estate Bees "5 Important Tax Benefits of Real Estate Investing and Tax Saving Strategies for Investors". Robbin discusses how an investor may be able to avoid capital gains on real estate and rental income.

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Important Tax Benefits of Real Estate Investing and Tax Saving Strategies for Investors2022-04-25T13:19:07-04:00
Company News
Apr 22, 2022
|Prager Metis
|

Prager Metis is proud to announce MetaMission One (MM1)

Company News
| Apr 22, 2022

Prager Metis is proud to announce MetaMission One (MM1)! In conjunction with SPACEONE Industries and Banquet Labs, this project is a special collaboration on a first-ever limited-edition Astro Chip NFTs and digital wearables that are activated to mint by an Application Programming Interface (API) from space.

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Prager Metis is proud to announce MetaMission One (MM1)2022-04-22T16:39:11-04:00
career in public accounting, public accounting

The Real Story of What a Career in Public Accounting Can Provide

In his most recent article, CEO Glenn L. Friedman discusses the value of a career in public accounting. Many people have an outdated idea of what a public accountant does, their work/life balance, and how this career can change others' lives and your own. Read "The Real Story of What a Career in Public Accounting Can Provide" and find out how a car

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The Real Story of What a Career in Public Accounting Can Provide2022-09-22T18:18:38-04:00
leadership lessons

Lessons in Leadership Strategic Leadership: “Connecting the Dots”

Recently featured in New Jersey Business Magazine, CEO Glenn Friedman, CPA, CGMA, and Global Managing Partner Lori A. Roth, CPA/ABV, CFF sat down for an interview on Steve Adubato's Lessons in Leadership with co-host Mary Gamba.

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Lessons in Leadership Strategic Leadership: “Connecting the Dots”2023-07-03T08:30:48-04:00

How to Make Tax Filing Easier

Robbin E. Caruso was recently featured in Sound Dollars "How to Make Tax Filing Easier". Robbin discusses how to efficiently prepare for this year's tax deadline by being organized, setting aside the appropriate time to do your taxes and that tax rules have changed since previous years

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How to Make Tax Filing Easier2022-04-07T11:43:11-04:00
Company News
Mar 29, 2022
| Jerry Eitel, CPA
|

Prager Metis Appoints Jerry Eitel as Chief Metaverse Officer Oversee Metaverse Strategy

Company News | Mar 29, 2022

NEW YORK, March 28, 2022 – Prager Metis, a leading international advisory and accounting firm, appointed Jerry Eitel as Chief Metaverse Officer (CMVO) to oversee the firm’s Metaverse strategy and operations.

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Prager Metis Appoints Jerry Eitel as Chief Metaverse Officer Oversee Metaverse Strategy2022-04-03T14:25:34-04:00

We Lead in the Metaverse Because of People, Not Technology

In January, Prager Metis became the first CPA firm to set up shop in the Metaverse. In partnership with Banquet LLC, we opened our three-story digital structure in the Decentraland metaverse platform, where we’re offering real-world accounting, tax, and advisory services.

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We Lead in the Metaverse Because of People, Not Technology2022-04-03T14:26:29-04:00
In The News
Mar 10, 2022
|Prager Metis
|

Alzheimer’s Association recognized Prager Metis for making “Big Strides in Walk to End Alzheimer’s”

In The News
| Mar 10, 2022

In a recent press release, the Alzheimer’s Association recognized Prager Metis for making "Big Strides in Walk to End Alzheimer’s". The article highlights our firm’s fundraising efforts to raise funds and awareness for Alzheimer’s care, support and research.

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Alzheimer’s Association recognized Prager Metis for making “Big Strides in Walk to End Alzheimer’s”2022-04-03T14:28:07-04:00

We congratulate CEO, Glenn L. Friedman, CPA, CGMA, and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF on their recognition in the ROI Influencers: Power List 2022!

We congratulate CEO, Glenn L. Friedman, CPA, CGMA, and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF on their recognition in the ROI Influencers: Power List 2022! ROI quoted, "Ahead of the curve? Prager Metis became the first CPA firm to officially open a headquarters in the metaverse."

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We congratulate CEO, Glenn L. Friedman, CPA, CGMA, and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF on their recognition in the ROI Influencers: Power List 2022!2022-04-03T14:40:38-04:00
Prager Metis, Metaverse, CPA, Metaverse accounting, Decentraland, Virtual accounting, digital assets
Advisory
Feb 17, 2022
|Prager Metis
|

Businesses Opportunities in the Metaverse

Advisory
| Feb 17, 2022

The Metaverse is an ever-growing space for businesses to build opportunities. From real estate, music venues, fashion shows, virtual reality, clothing stores, and so much more! Traditional opportunities are changing, business models are changing, networking is changing, and Prager Metis is at the forefront of it all.

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Businesses Opportunities in the Metaverse2023-05-04T09:28:03-04:00

Please hold: Pricey way to jump IRS phone line at tax time

With calls to the IRS reaching record levels during tax season, excessively long hold times have become the norm. This can create real issues for tax professionals who need regular access to IRS services. Marty offers his views on businesses which offer an alternative and help tax practitioners better serve their clients.

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Please hold: Pricey way to jump IRS phone line at tax time2022-04-03T14:50:17-04:00

The $8,000 Child Tax Credit That Many Parents May Not Know About

Robbin Caruso, Prager Metis Partner and Co-leader of the firm's National Tax Controversy practice, weighs in on the expansion of the Child and Dependent Care Credit and benefits it can afford eligible taxpayers in this CBS News article

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The $8,000 Child Tax Credit That Many Parents May Not Know About2022-04-03T14:51:49-04:00

5 Things To Know About How the Stimulus Checks Can Affect Your Taxes

If you did not receive the full amount of the 3rd stimulus payment you were entitled to in 2021 and are requesting a Recovery Rebate Credit, it's important to correctly report the stimulus payment you received.

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5 Things To Know About How the Stimulus Checks Can Affect Your Taxes2022-04-03T14:52:15-04:00

87% of People Plan To File Their Taxes Early — Here’s Why You Should Be One of Them

Robbin Caruso, Partner and Co-leader of Prager Metis’ National Tax Controversy practice offers some guidance in “87% of People Plan To File Their Taxes Early — Here’s Why You Should Be One of Them,” published by GoBankingRates.

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87% of People Plan To File Their Taxes Early — Here’s Why You Should Be One of Them2022-04-03T14:52:57-04:00

Surviving Tax Season

Don't miss this! Recently E. Martin Davidoff, CPA, Esq., Partner of Prager Metis, was featured on Accounting Today's podcast "Surviving Tax Season." E. Martin Davidoff talks about why you can't manage all interactions with the IRS on your own and the major issues practitioners should be aware of for the rest of the season.

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Surviving Tax Season2022-04-03T14:54:08-04:00

Tax Pros See Social Impact From Work-Tax Compliance Issues for Telecommuters & Remote Workers

Robbin Caruso, CPA, CGMA, Partner and Co-leader of Prager Metis’ Tax Controversy Services, weighs in on possible tax implications for telecommuters and remote workers who work from a state which is different from where they normally work in this Accounting Today article.

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Tax Pros See Social Impact From Work-Tax Compliance Issues for Telecommuters & Remote Workers2022-04-03T14:57:58-04:00

Warner Music Group Partners With The Sandbox for Virtual Concert Venues

Recently Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis, was quoted in Digital Music News' article "Warner Music Group Partners With The Sandbox for Virtual Concert Venues". The article discusses virtual theme parks, venues, concerts, and so much more, including digital real estate and virtual business meetings in the metaverse.

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Warner Music Group Partners With The Sandbox for Virtual Concert Venues2022-04-15T15:47:38-04:00

Prager Metis Names Stuart H. Mayer Regional Managing Partner – New York Metro

January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulate Stuart H. Mayer on his promotion to Regional Managing Partner - New York Metro, effective January 1, 2022.

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Prager Metis Names Stuart H. Mayer Regional Managing Partner – New York Metro2022-04-03T14:51:33-04:00
Tax
Jan 28, 2022
|Prager Metis
|

NJ Business Alternative Income Tax (BAIT) By Michael Brown, CPA

Tax
| Jan 28, 2022

When Governor Murphy signed the Pass-Through Business Alternative Income Tax (“BAIT”) into law, it allowed pass-through entities to elect to pay tax on behalf of the owner’s share of distributive proceeds. The owner may then claim a refundable tax credit on their return for the amount of tax paid by the pass-through entity on their share of distrib

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NJ Business Alternative Income Tax (BAIT) By Michael Brown, CPA2022-04-03T14:53:42-04:00