This article is relevant for U.S. tax resident individuals who may hold either an interest in, or signature authority over a non-U.S. financial account. Abstract:…read more

Even when they’re nonprofits, trade associations and chambers of commerce generally qualify for a tax exemption under Section 501(c)(6) of the Internal Revenue Code, not…read more

Multinational corporations are waiting to find out how each state will decide to tax their foreign earnings as tax legislation shifts to accommodate the current…read more

This article applies to U.S. taxpayers that utilize or have utilized the Foreign Earned Income Exclusion (FEIE) . The IRS recently allowed a taxpayer to…read more

If your top executive were to step down tomorrow, would your not-for-profit know how to make a smooth leadership transition or would your boat suddenly…read more

Our experience in affordable housing allows us to successfully navigate the sea of complex issues surrounding the affordable housing industry. Our services …read more

Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that,…read more

In its latest report, the National Association of Realtors (NAR) announced that July 2022 existing home sales were down but prices were up nationwide, compared…read more

The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will…read more

Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major reason is…read more

UPDATE:  This event has concluded.  If you have questions about Paid Family leave, please contact us at 585.427.8900 or info@EFPRgroup.com EFPR Group and EFPR Solutions…read more

It’s no secret that this is a challenging time for charitable fundraising. In its annual Giving USA 2019 report, the Giving USA Foundation noted a…read more