A new law which significantly changes the way partnerships will be audited by the IRS has gone into effect for taxable years beginning after December 31, 2017. This new law impacts every partnership and limited liability company (“LLC”) taxed as a partnership. TAX EQUITY AND FISCAL RESPONSIBILITY ACT (“TEFRA”) Under the previous law (Tax Equity […]
On December 22, 2017, President Trump signed tax reform legislation that represents the most significant changes to the Internal Code since 1986. The tax reform bill affects both individual and business taxpayers; below please find a summary of the provisions we expect to most directly affect the majority of our business clients. Please note that the legislation […]
On December 22, 2017, President Trump signed tax reform legislation that represents the most significant changes to the Internal Code since 1986. The tax reform bill affects both individual and business taxpayers; below please find a summary of the provisions we expect to most directly affect the majority of our clients. Please note that the legislation […]
NEW YORK, New York – December 11, 2017. Farkouh, Furman & Faccio LLP (“FF&F”), a leading boutique accounting and advisory firm, today announced that it will be joining forces with CPI Associates Inc. (“CPI”), an established tax advisory firm in Manhattan. CPI brings nearly five decades of experience serving high net worth individuals, trusts, and […]
In her article “How to Get Younger People and Emerging Leaders More Engaged in Bringing Business Into the Firm,” Sue-Ella Prodonovich–a business development advisor for professional service firms, and a speaker at the 2017 Alliott Group Worldwide Conference–explains several ways through which firms can get their junior-level professionals to be more engaged and motivated to bring in […]
New York, NY, October 18 2017 – Representatives from Farkouh, Furman & Faccio (“FF&F”) will be present at the Alliott Group 2017 Worldwide Conference in Sydney this week (18-21 October). Membership of Alliott Group and participation in the international association’s conferences form an integral part of our firm’s international strategy to ensure our clients have […]
ALLIOTT GROUP INTRODUCES NEW INTERNATIONAL NEWSLETTER ON CROSS-BORDER TAX FF&F is proud to join Alliott Group in announcing its publication of Tax Express International, a newsletter for businesses and individuals with interest and involvement in cross-border tax issues. In our dynamic landscape of international tax, there is an abundance of challenges and opportunities to discuss across the global […]
The term “millennial” refers to those born between the early 1980’s and early 2000’s. According to Deloitte’s Millennial Survey, it is estimated that by 2025, millennials will account for 75% of the global workforce; and a 2016 Forbes article stated that 40% of companies were currently employing 50 or more millennials. While much has been […]
Farkouh, Furman & Faccio has been featured in a membership case study by Alliott Group, an international alliance of accounting and law firms operating across over 70 countries. FF&F has been a proud member since 2012. Click here to read the full case study. For a PDF download, click here.
EXPATRIATION: THE TAX IMPLICATIONS U.S. TAXPAYERS NEED TO BE AWARE OF In alignment with its Global Mobility Services initiative, Alliott Group recently featured thought leadership from FF&F’s Hunter Norton on the topic of expatriation and its tax implications for U.S. taxpayers. To read more, click here. Alliott Group is an independent global alliance of accounting and law firms […]