Every sophisticated enterprise, from a mid-sized company to an international corporation, from a major record label to the “loan out” company of a rock star or professional athlete, needs a Chief Financial Officer (CFO). This top-level executive supervises and coordinates the efforts of the accounting team, attorneys, and everyone else involved in the organization’s finances. Read more about The Personal CFO and Why You May Need One[…]
Harvey is quoted in Forbes regarding New York City workers now working from home. This is a tricky and confusing topic which Harvey has mastered and is available to consult with. Contact our office with any questions. In the meantime, please enjoy this wonderful article, written by Liz Famer of Forbes, entitled “Teleworking? Your Income Read more about In the News: Forbes[…]
Prince Harry and Megan Markle are now residents of the ultra-upscale Montecito neighborhood in Santa Barbara County, California. The price tag for their palatial estate (Oprah Winfrey and Ariana Grande live nearby) was $14.65 million and they secured a $9 million mortgage which equates to a monthly mortgage payment of approximately $45,000. The Santa Barbara Read more about In the News: DailyMail[…]
Harvey quoted prominently on his tax debt resolution expertise by Alan Goodman of the Washington Free Beacon. The expeditious release of Hunter Biden’s recent DC tax lien is a sign that he made substantial income in 2017 and 2018, owed the respective $453,890 in taxes, and immediately made arrangements to pay off said tax balance. Read more about In the News: The Washington Free Beacon[…]
It’s hard to tell whether or not Maxwell’s finances are part of an intelligently planned and thoughtfully engineered blueprint. I would imagine that the family inheritance / trust was constructed by a highly competent estate tax attorney. Harvey Is quoted by Bloomberg in this fascinating article entitled: “Mystery of Ghislaine Maxwell’s Wealth Hangs Over Sex-Abuse Read more about In the News: Bloomberg[…]
As the COVID-19 pandemic rages on, America continues to struggle with the dual questions of how to safeguard public health, and how to revive an economy that has been put on emergency hold. As a way to both ease suffering and stimulate economic growth, President Trump and others have suggested declaring a payroll tax holiday Read more about Can a 2020 Payroll Tax Cut Save the Economy? Here Are the Pros and Cons[…]
It is crystal clear to me that people who work in New York State, and commute into the state from surrounding Connecticut, New Jersey, and Pennsylvania, who now are forced to work remotely, are doing so out of necessity because of the government mandated shutdowns. These folks should have a clear case for allocating their Read more about In the News: Bloomberg[…]
We are awaiting Congress for appropriate clarification regarding expense deductibility when Covid-19 SBA PPP loans are forgiven and the usual taxable income from debt forgiveness pursuant to Internal Revenue Code (IRC) Section 61(a)(12) is determined to be tax-free income. Harvey is asked by Bloomberg Tax to quote on this hot topic in the attached article Read more about In the News: Bloomberg Tax & Accounting[…]
Are you a business leader who has questions about free SBA money available to your business? Harvey has been rigorously studying these tricky, ever-changing rules, and is quoted by payroll company Gusto due his industry leading expertise on this subject. Enjoy the article “5 Ways Small Businesses Are Coping With the COVID-19 Crisis”, and contact Read more about In the News: Gusto[…]
In this age of slow-motion replays, we often see a championship determined by whether a single toe or seam of a ball grazes a few millimeters of chalk. Yet for many athletes, such a game-changing moment is just the beginning of a lifetime spent tiptoeing the fine line separating financial well-being from monetary distress. To Read more about How Do Some Star Athletes Build Wealth While Others Lose It All?[…]