Focus Editorial Committee

The Focus - Our Tax E-Newsletter

Like-Kind Exchange Updates

Gregory Smith, CPA, MBA (Jan, 2019)

As many business owners are aware, taxable income can be generated from activities outside the normal day-to-day operations of the business. For very successful business entities, investment income...

Should I Convert to a C Corporation?

Melissa Lanigan, CPA (Jan, 2019)

Since the Tax Cuts and Jobs Act (TCJA) passed on December 22, 2017 word has spread about the new, significantly lower, permanent, corporate flat tax rate of 21%.  The question that went through...

Beyond the Numbers: Nirissa Miller

(Jan, 2019)

Nirissa Miller, MBA recently joined Dermody, Burke & Brown as an Associate in the Syracuse office.  She works in the Auditing and Accounting department at the firm. Nirissa received an...

Tax Reform Impact on the Standard Deduction & Itemized Deductions

Brittany Becker (Dec, 2018)

The Tax Cuts and Jobs Act (TCJA) has changed some tax provisions, effective in 2018. Several of the individual tax provisions are temporary. Also, many of the provisions expire at the end of 2025 at...

Tax Cuts and Jobs Act Effect on Meals and Entertainment

James F. Sikora, II (Dec, 2018)

The Tax Cuts and Jobs Act (TCJA) passed into law on December 22, 2017 affected Section 274 of the Internal Revenue Code (IRC) for meals and entertainment expenses. Under pre-TCJA law expenses for...

Beyond the Numbers: Alyssa Hansen

(Dec, 2018)

Alyssa Hansen, MBA recently joined Dermody, Burke & Brown as an Associate in the Syracuse office.  She works in the Auditing and Accounting department at the firm. Alyssa received a...