Insightsstream of knowledge
Join Anchin for our twelfth annual State of the Construction Industry event on Tuesday, September 26, 2017. Read More
Valuable tax breaks for New York City businesses and developers were extended as part of New York State Assembly Bill 40001, enacted into law on June 29, 2017. The State's new omnibus bill renewed and extended programs that provide attractive financial incentives for businesses to remain in or relocate to Lower Manhattan and the outer boroughs. Read More
- Anchin is Proud to be a Top Donor of City Harvest Skip Lunch Fight Hunger7/11/2017
Anchin is proud to expand its charitable initiatives through City Harvest's Skip Lunch Fight Hunger Campaign.
- Soup Giant Campbells Enters Plant-Milk Market With $700 Million Purchase Of Pacific Foods7/11/2017
Greg Wank, Leader of Anchin's Food and Beverage Industry Practice, highlights the growing trend toward organic and plant-based foods.
- Proposed Carried Interest Bills Still Alive7/10/2017
Earlier this year, we shared information with you about several proposed bills that would increase taxes due on investment performance allocations, commonly known as carried interest. Carried interest is the share of profits that fund managers receive in exchange for managing investments. The controversy over carried interest arises because the current tax rules allow managers to pay taxes on portions of the carried interest allocation at the (long term) capital gains rate rather than the higher tax rate that normally applies to ordinary income.
- Arbitrator’s Award Over Gas Sensors Sold During ‘Earn Out’ Period Confirmed7/6/2017
Although arbitration awards can be challenged in court, these awards will only be overturned by the court in rare and limited cases. Courts will vacate or refuse to confirm an arbitration award if the award is the product of fraud, corruption, or serious misconduct by the arbitrator.
- It’s Not Too Late to Amend Your 2016 Tax Return for the R&D Tax Credit7/5/2017
Recently, the IRS issued interim guidance on how eligible small businesses can benefit from a new provision that enables them to apply their Section 41, Research and Development tax credit against their payroll tax liability instead of their income tax liability, allowing qualified companies to start using the credits before becoming profitable.
- Utilizing a Roth IRA in Your Estate Plan6/30/2017
Roth IRAs have long been a popular tool for individuals to save for retirement, but how many people are aware that they can also be used as a key component of an estate plan?
- How to Minimize Estate Issues6/30/2017
In recent years, the passing of pop culture icons has brought attention to the issue of estate matters. Michael Jackson’s death in 2009 posed an interesting estate valuation issue.
- How to Protect Your Digital Life After You’re Gone6/30/2017
With so much personal information stored online, it is crucial that families organize a coordinated and consistent strategy to ensure that their legacy and assets are preserved and handled as intended.
- Anchin Announces Winners of 2017 New York Construction Awards6/22/2017
Anchin Block & Anchin LLP, host of the annual New York Construction Awards, awarded innovators, leaders and rising stars in the construction, architecture and engineering industries on June 14, 2017. This year’s winners were announced at an elegant ceremony at Bloomberg L.P. in New York City.
- How Other Grocers Must Respond To Amazon Acquisition Of Whole Foods6/16/2017
Greg Wank, Leader of Anchin's Food and Beverage Industry Practice, explains what the takeover means for other brick-and-mortar grocers.