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In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax years beginning in 2018. Taxpayers…read more
Not-for-profit organizations may operate under the assumption that their missions and their board members’ good intentions protect them from litigation. Sometimes, this assumption is proven…read more
The IRS has published new regulations relevant to taxpayers subject to the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or other defined…read more
If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you…read more
EFPR Group serves some of the largest public authorities in New York State, and several more throughout the country. The Firm has …read more
You are invited to join us for breakfast and an educational seminar on strategies to help protect and potentially grow your retirement assets. It’s no…read more
The pass-through-entity tax (PTET) program election due date has been extended by New York State from March 15 to September 15 for 2022 only. This…read more
Even businesses with the most growth potential will encounter challenges and have difficult decisions to make on the way to success. What’s the difference between…read more
One outcome of the Tax Cuts and Jobs Act (TCJA) is the increased scrutiny by the IRS of S corporations and their shareholders with regard…read more
Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s considered…read more
FOR IMMEDIATE RELEASE January, 2023 – EFPR Group, LLP is proud to announce 3 individuals with the Firm have been promoted to partner: Gina Bliss,…read more
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is…read more
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