2020 Election

September 18th, 2020

Year-End Estate Planning Considerations in Light of a Possible Change in Administration

With election day just around the corner, many are wondering how a Joe Biden presidency might affect their estate planning. Although Biden has not provided many details, his economic plan calls for, among other things,…

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September 9th, 2020

Tax Considerations When Living or Working in Israel or Abroad

Online Form – Tax Considerations When Living or Working in Israel or Abroad

Statue of Liberty

August 19th, 2020

Coming to America – A U.S. Law Primer for Israelis Moving to the United States

After years of telling everyone your quitting the Middle East balagan, you’ve finally got your visa to America!  Your friends and family are already calling to tell you what they want you to bring back…

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2020 Election

August 18th, 2020

Tax Planning for a Possible Joe Biden Presidency

With Election Day just over two months away and the end of 2020 following two months later, it’s not too soon to consider the landscape of the tax law in the event of a Joe…

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Payroll tax

August 10th, 2020

Executive Order Suspends Collection of Certain Employee Payroll Taxes

President Trump issued an Executive Order on August 8, 2020, purporting to postpone the withholding, deposit and payment of the employee portion of Social Security and Medicare taxes from September 1, 2020 until after yearend…

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July 16th, 2020

Moving to Israel (Aliyah) – A U.S. Law Primer

You are a U.S. citizen, your bags are packed, your documents are in order, and you are about to boardyour flight on El‐Al. A few hours from now you will be touching down, ready to…

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June 8th, 2020

Paycheck Protection Program Flexibility Act of 2020

On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (“Act”), which amends key provisions of the Small Business Act and the CARES Act that relate to the…

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IRS Building

June 4th, 2020

IRS Grants Further Relief – Extends People First Initiative

In light of continued economic hardship facing Americans, the IRS has extended its People’s First Initiative, effectively granting continued tax collection relief beyond the previously identified July 15th deadline. Key benefits to the People’s First…

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Deadline

May 22nd, 2020

Flexible Spending Arrangements Become Even More Flexible

To assist in recovery from COVID-19, IRS announced in Notice 2020-29 that unused amounts from 2019 for medical costs or dependent care in a cafeteria plan may be utilized for expenses incurred through December 31,…

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Maryland State Flag Laws

May 22nd, 2020

Maryland Enacts a “Work-around” to Increase the Deduction for Taxes

Maryland has become the seventh state to allow pass-through entities such as partnerships, limited liability companies and S-corporations to elect to be taxed at the entity level as a “work-around” to the $10,000 cap on…

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