By: Matthew E. Foreman, Esq., LL.M. and Tonya L. Hurd It’s probably safe to say that anyone with a cell phone or an email account has been the target of a scam, such as phishing, smishing, or quishing.[1] The scammers,...
IRS Releases Revenue Procedure 2025-28 Providing Guidance on Electing to Accelerate Deduct R&E Under Section 174
Oct 01, 2025
By: Matthew E. Foreman, Esq., LL.M. and Joelle M. Vilinsky On August 28, 2025, the Internal Revenue Service (IRS) issued Revenue Procedure 2025-28, providing procedural guidance for taxpayers on the treatment of research and...
Join Matthew E. Foreman, Esq., LL.M., Co-Chair of FRB’s Taxation Practice Group, for the Advanced Tax Strategy Series, a four-part webinar program designed for professionals seeking deeper insights into sophisticated tax...
As the One Big Beautiful Bill Act ushers in significant tax changes, it’s crucial to stay informed and prepared. At Falcon Rappaport & Berkman LLP, our experienced tax team is closely monitoring these updates and is...
Join Matthew E. Rappaport, Esq., LL.M., Vice Managing Partner at Falcon Rappaport & Berkman LLP, for Dime Community Bank’s in-person CLE event on Wednesday, April 23, 2025, from 8:30 am – 10:30 am at One Grand Central...
Join FRB partner Matthew E. Foreman, Esq., LL.M. for “Bobbleheads, Baseballs, and Beanie Babies: The Taxation of Collectibles” (1.0 Credit CPE/CE for IRS Enrolled Agents) on Thursday, April 24, from 1:00 PM...
As prediction markets gain popularity, especially during major events like the Super Bowl or presidential elections, it’s crucial to understand the tax responsibilities associated with any winnings. The IRS considers income...
By: Megan E. Wilson, Esq., LL.M. and Matthew E. Foreman, Esq., LL.M. Recently, both major-party presidential candidates have come out in favor of a “no tax on tips” proposal, though neither candidate has indicated how to...
We are excited to announce that FRB Founding Partner Michele Schlereth, Esq., CPA, MST has been awarded the Long Island Business News 2024 Leaders in Business & Finance Independent CPA Award. This recognition highlights...
By: Matthew E. Foreman, Esq., LL.M. and Samuel J. Brady, Esq.[1] A question of burning relevance to certain taxpayers and their advisors is whether losses incurred in cryptocurrency trading can (a) be deducted generally and...