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The Future of Bonus Depreciation in Real Estate

  The tax and accounting experts at bgr CPAs explain the importance of bonus depreciation for commercial and residential real estate owners. Bonus depreciation is often used to incentivize real estate and business owners to purchase capital assets. This accelerated method of depreciation allows owners to make an additional deduction on the cost of qualifying…

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4 Things That All Restaurants Should Consider: Part One

  The hospitality industry leader at bgr CPAs explains four practices that all restaurant owners should consider implementing to help combat financial challenges that are common within the hospitality industry. The hospitality industry can be particularly demanding on managers and business owners—posing many financial challenges atypical of other industries. For restaurateurs, these challenges must be…

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bgr CPAs Collects Donations for Ellicott City Flood Disaster Victims

Columbia, Md. (August 23, 2016) – Immediately following the devastating flood disaster in Ellicott City, the Social Committee at Berman Goldman & Ribakow LLP (bgr CPAs) teamed together to brainstorm how we could help. Ellicott City’s Main Street is near and dear to all at bgr CPAs, Howard County and beyond. Monetary donations were collected…

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Marc Rubin Named 2016 Center of Influence Award Honoree by SmartCEO

Columbia, Md. (August 15, 2016) – Marc Rubin, Managing Partner of Berman Goldman & Ribakow LLP (bgr CPAs), has been recognized by Baltimore SmartCEO as a 2016 Center of Influence Award honoree. Marc began his career with bgr CPAs and celebrated 40 years with the firm this year. His clients benefit from his broad knowledge…

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Stephen Wolf Appointed to Treasurer of Howard County Chamber of Commerce

Columbia, Md. (August 11, 2016) – Stephen Wolf, Partner at Berman Goldman & Ribakow LLP (bgr CPAs), has been appointed to the Executive Committee as Treasurer of the Howard County Chamber of Commerce. The Chamber is comprised of many individuals whose efforts enable the services, programs and resources that Howard County business professionals rely upon.…

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Doing Business Out of State? State Tax Nexus Explained

  If you are a business owner operating in multiple states, you could face tax obligations without even knowing it.  Determining whether these states have a legal right to tax your out-of-state business depends on whether your business has “nexus” with the state.  For state tax purposes, the term “nexus” describes the amount and degree…

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Real Estate Investments: Maximizing Your After-Tax Gains

  Real estate investors consider several factors when buying and selling land to secure maximum possible gains, but often neglect to include taxes in their plans. Taxes on gains can be one of the largest costs of the transaction and since the spread between ordinary income tax rates and capital gain tax rates can be…

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IRS Alerts Payroll and HR Professionals to Phishing Scheme Involving W-2s

  The Internal Revenue Service today issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme that purports to be from company executives and requests personal information on employees. The IRS has learned this scheme — part of the surge in phishing emails seen this year — already…

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Angela Pueschel Joins Berman Goldman & Ribakow LLP as Director of Marketing

Angela Pueschel has joined Berman Goldman & Ribakow LLP (bgr CPAs), a Mid-Atlantic regional accounting, audit, tax and consulting firm as Director of Marketing. Angela will lead the firm’s marketing strategy and execution. She has spent the majority of her career developing deep expertise in all areas of marketing, including strategic planning, branding, internal and…

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