December 02, 2019 | Daily Business Review
Final IRS Guidance for Rental Deduction Still Leaves Triple Net Leases Out in the ColdMany real estate investors hoping for clarity on whether they will be eligible for the tax break for pass-through entities under the Tax Cuts and Jobs Act (TCJA) will be disappointed that guidance from the Internal Revenue Service (IRS) will not help much for projects leased on a triple-net basis.
By Marvin Kirsner
8 minute read
August 12, 2019 | Daily Business Review
Is the 2017 Tax Law the Reason Home Sales Are Not Booming?Many blame rising home prices, construction and land costs, and a lack of inventory, but a large part of the reason for this disconnect between home sales and the economy may be due to changes in the 2017 Tax Cuts and Jobs Act (TCJA) that either reduced or eliminated the tax advantage of purchasing a house rather than renting one.
By Marvin Kirsner
5 minute read
October 02, 2018 | Daily Business Review
Rules Clarifying Small Business Tax Break—the Good, the Bad and the UnansweredOne of the most talked about components of the Tax Cuts and Jobs Act passed by Congress last year is a 20 percent deduction for operating profits earned by certain sole proprietors and pass-through entities (LLCs, partnerships, S corporations and REITs).
By Marvin Kirsner
6 minute read
August 01, 2016 | Corporate Counsel
Tax Reporting Laws Raise Privacy Claim Risks for Online CompaniesThere is an emerging trend: States are passing legislation that requires online companies to file information reports to help the states in getting its residents to pay the sales tax themselves.
By Marvin Kirsner and Elizabeth Rogers
20 minute read
August 18, 2015 | Daily Business Review
Online Travel Industry's Tax Victory a Big Win for FloridaA Florida Supreme Court decision limiting county taxes on online hotel deals is a boost for Sunshine State tourism, writes attorney Marvin Kirsner.
By Marvin Kirsner
5 minute read
August 18, 2015 | Daily Business Review
Online Travel Industry's Tax Victory a Big Win for FloridaA Florida Supreme Court decision limiting county taxes on online hotel deals is a boost for Sunshine State tourism, writes attorney Marvin Kirsner.
By Marvin Kirsner
5 minute read
May 13, 2014 | Daily Business Review
Board Of Contributors: IRS Notice May Be Obstacle for Bitcoin InvestorsAn IRS notice stating it will classify Bitcoin and other virtual currencies as property rather than as a foreign currency may be good news for investors who hold Bitcoin for long-term investments, but the reporting burdens on Bitcoin users might reduce its use in consumer transactions--dimming its prospects for future appreciation—writes Marvin Kirsner of Greenberg Traurig.
By Marvin Kirsner
4 minute read
February 13, 2014 | Daily Business Review
Board Of Contributors: Sales Tax Guidance Issued On Leasehold ImprovementsLandlords and tenants in the process of negotiating leases where the tenant will pay for leasehold improvements need to take new guidelines into consideration, writes Marvin Kirsner of Greenberg Traurig.
By Marvin Kirsner
5 minute read
November 02, 2011 | Daily Business Review
Board of Contributors: IRS worker classification compliance program offers rewards, risksMarvin Kirsner, a shareholder in the tax department with Miami-based Greenberg Traurig, says South Florida businesses that have been incorrectly classifying workers as independent contractors should consider filing under a voluntary compliance program.
By Marvin Kirsner
5 minute read
September 06, 2013 | Daily Business Review
IRS Ruling Offers Mixed Results for Same-Sex Married CouplesMarried same-sex couples should consult with their tax advisers promptly to determine the impact of new IRS guidance on their overall federal tax exposure.
By Marvin Kirsner
5 minute read