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Marks Paneth in the News

The Stoler Report: Opportunity Zones


January 15, 2019

Watch Abe Schlisselfeld, Co-Partner-in-Charge of the Real Estate Group at Marks Paneth, as he appears on The Stoler Report to discuss Opportunity Zones.  Read More +

Abe Schlisselfeld featured in Crain’s New York Business


January 11, 2019

Abe Schlisselfeld, Co-Partner-in-Charge of our Real Estate Group, provided Crain's New York Business with his insights into some the latest trends in the accounting industry.  Read More +

How the tax cuts and jobs act is changing tax strategies


By Mordecai Lerer  |  January 4, 2019

Marks Paneth was recently featured in Crain’s New York Business’s “Ask the Expert” series. The Q&A with Tax Partner Mordecai Lerer covered tax strategies that business owners should consider as they adjust to changes brought by the Tax Cuts and Jobs Act and the U.S. Supreme Court’s Wayfair decision.  Read More +

When to consolidate a not-for-profit’s interest in low-income housing projects


By Joseph J. Kanjamala  |  January 3, 2019

It is very common these days for not-for-profit (NFP) entities to sponsor affordable housing programs for the needs of the low-income community and the constituents the NFP serves. Among the various models of affordable housing programs available, the most common one is the Low-Income Housing Tax Credit (LIHTC) program, created by the Tax Credit Reform Act of 1986.  Read More +

Is it a Grant or a Contribution? FASB Has Now Made It Clearer


By John D'Amico  |  January 3, 2019

There has been a long-standing diversity in practice on how nonprofits accounted for grants, especially government grants. FASB has now effectively ended this diversity and clarified its guidance with the issuance of Accounting Standards Update (ASU) 2018-08, “Clarifying the Scope and Accounting Guidance for Contributions Received and Made.”  Read More +

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