IRS Provides Guidance on 20% Pass-Through Deduction

Co-Authors: Kent L. Schwarz, Esq. & Jay Soojian, CPA

Many companies are continually facing challenges in their industries as influences outside of their control may have negative effects on their profitability. In the trucking and transportation sectors this is especially true. For example, a shortage of qualified drivers is driving the cost of labor upwards. Increases in other costs such as fuel also increases expenses. As interest rates move upward, the cost of trucks and other equipment increases for those financing equipment purchases. Trade wars are also increasing equipment costs and even replacement parts. Read more...

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Passing the SALT – New Jersey SALT Cap Workaround

By Kent L. Schwarz, Esq. and Shefali M. Kotta, Esq. On January 13, 2020, Governor Murphy passed the Pass-Through Business Alternative Income Tax Act (“NJ PBAIT”) into law. In doing so, New Jersey join

Becker LLC Presents New Tax Law at Keller Williams

Livingston, NJ, March 2018 – On Friday, March 2, Becker LLC tax attorney and Partner, Kent Schwarz spoke in front of a full house of real estate agents, professionals and homeowners at the Keller Will

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