Ellin & Tucker Offices
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Recommended By: Carl Kampel

This article includes a comprehensive analysis on the subject of why privately held & family owned businesses should have an independent board of directors, as well as good references to other related information.  Here is the link: http://sararickover.wordpress.com/2013/08/26/why-have-an-independent-board-of-directors-in-a-privately-held-corporation/ Carl Kampel,... Continue Reading
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By: Zachary Reichenbach, CPA/ABV Ben Bernanke, Chairman of the Federal Reserve, addressing the public after a two-day meeting with the Federal Open Markets Committee (FOMC), signaled to the markets an optimistic and expansionary shift in monetary policy. Economists eagerly awaited... Continue Reading
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In January, Congress extended some depreciation-related tax breaks that can benefit owners of leasehold, restaurant and retail properties: 50% bonus depreciation. Congress extended this additional first-year depreciation allowance to qualifying leasehold improvements made in 2013. Section 179 expensing. Congress revived... Continue Reading
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By: Carl Kampel

The Financial Accounting Standards Board (FASB) issued three Private Company Council (PCC) proposals to allow private companies to apply alternatives under US GAAP when accounting for intangible assets in a business combination, goodwill and certain hedges involving interest rate swaps. ... Continue Reading
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By: Jared A. Rosen, CPA Employee Benefit plans in general and specifically 401(k) plans have become our most significant retirement vehicle, with over 60 million people participating in approximately 500,000 plans throughout the U.S.  Their importance has led the IRS to focus on... Continue Reading
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