Jonathan Gold

Tax related identity theft is an issue that began several years ago and has been steadily increasing as each year passes.  We see this most often when electronically filed tax returns are rejected by the IRS with the most common reason for the rejections being due to previously filed fraudulent returns.  Fraudsters can file tax returns using a taxpayer’s (or dependent’s) social security number in order to generate fraudulent refunds without the taxpayer’s knowledge.

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On March 31, 2021, President Biden unveiled the “Made in America Tax Plan” as part of the $2 trillion infrastructure “American Jobs Plan”. The American Jobs Plan is an ambitious infrastructure plan primarily targeting roadways, bridges

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In this era of Congressional contentiousness, any legislation that comes out of those chambers with bipartisan support deserves note. Such is the case with the SECURE Act, an acronym for “Setting Every Community Up for Retirement Enhancement,” which was passed last July by a near-unanimous vote in the House of Representatives. But the SECURE Act also warrants a note of caution for those heavily invested in IRAs and/or 401(k) plans because it truly is a “game-changer,” and not for the better, when it comes to the distribution and taxation of withdrawals from inherited plans.

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On March 31, 2020, the Treasury Department and the IRS issued IR-2020-62.  This notice describes the procedure for obtaining advanced payment of the Employee Retention Credit under the CARES Act

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November 6, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is very proud to announce that Principal Jonathan Gold has been named the leader of our National Tax Practice, effective November 1, 2019. In this role, Jonathan will have full oversight of Prager Metis’ tax department. "Jonathan has shown his tax expertise along with his impeccable client service and business development skills since joining us in 2018," Joseph Cain, Managing Partner of the Westchester office and former partner in charge of the tax department. "I warmly congratulate Jonathan for his promotion and thank him for his strong commitment to our firm.

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As the CORONA VIRUS Pandemic spread across the United States at the end of March, much of the Country was required to shut down business operations because of governmental stay-at-home orders.

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