Estate Planning Tips

This article discusses how the COVID-19 pandemic has resulted in low interest rates and depressed asset values, creating a very unique opportunity for estate planners. Specifically, this article outlines five different strategies to consider utilizing during this time. For example, annual gift tax exclusion, gifting interest, annuity trusts, and intra-family loans are all topics that […]

Farkouh, Furman & Faccio (“FF&F”) and Alliott Global Alliance (“AGA”), the international alliance of law and accounting firms of which FF&F is the New York member accountancy firm, recently partnered with BritishAmerican Business to host a webinar for the leading transatlantic trade association’s business community. Against the backdrop of the disruptions brought on by COVID-19, [...]
PPP loan
This article discusses and addresses the uncertain times that businesses are living through right now due to the coronavirus pandemic. With the passing of the Paycheck Protection Program, there are many things to consider when applying for this government aid. For example, knowing the guidelines are not set in stone, tax burdens, tax-deductibility, and a [...]
Farkouh, Furman & Faccio, LLP (“FF&F”), a leading boutique accounting and advisory firm, is pleased to announce the promotion of Hunter Norton to Partner. Norton joined FF&F in 2013 as Tax Director. He has extensive expertise in tax planning for international businesses and individuals. Additionally, he is FF&F’s primary expert on issues involving tax planning [...]
Succession Planning Trends

This article discusses some of the basics that you can capitalize on to ensure that the succession of your business is as easy and efficient as possible. For example, tips such as communicating early, defining goals, and establishing a talent development program are all important things to consider when handing your business over. Be sure […]

Main Street Lending

This article discusses the most recent announcement from the Federal Reserve Board. This is significant for small businesses because the minimum loan amount went from $250,000 to $100,000 on three Main Street loan facilities. Additionally, they published a frequently asked clarification document that answers questions concerning the paycheck protection program. Be sure to check out […]