Focus Editorial Committee

The Focus - Our Tax E-Newsletter

The “Tax Cuts and Jobs Act” and its Impact on Income Taxation of Estates and Trusts

Paula Ellenberg, CPA, CVA, MST (Nov, 2018)

For tax years beginning in 2018-2025, estates and trusts are subject to four tax brackets:  10%, 24%, 35% and 37%.New Rates and Thresholds - (2018 – 2025)10% - $0 - $2,55024% - $2,551 - $9,15035...

An Update on the Qualified Business Income Deduction Under IRC §199A

Kristi Jeffres, CPA (Nov, 2018)

The qualified business income (“QBI”) deduction has been one of the most talked about aspects of the Tax Cuts and Jobs Act. In our May Focus article, we took a look at how to calculate the 20%...

Beyond the Numbers: Nick Marinelli

(Nov, 2018)

Nick Marinelli recently joined Dermody, Burke & Brown as an Associate in the Syracuse office.  He works in the Auditing and Accounting department at the firm.Nick received a Bachelor of...

Beyond the 100th Issue: The Focus Newsletter

(Oct, 2018)

As we celebrate over 100 issues of The Focus, we are sharing some of the history behind of our monthly newsletter. The Focus was created in June 2009 as a way to connect and...

Business Year-End Tax Planning in Light of the 2018 Tax Reform Act

Thomas R. Tartaglia, CPA (Oct, 2018)

The Tax Cuts and Jobs Act (TCJA) has made some major changes to the tax provisions effective in 2018. Some of the major provisions include:Lowering the corporate tax rate to 21%Eliminating...

Maximizing Charitable Deductions Using Your IRA

Kurt K. Ohliger, Jr., CPA (Oct, 2018)

Many provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) have received controversial reporting, perhaps none more so than the changes and limitations applicable to various itemized deductions....