Bob Morrison elected to serve on Board of Trustees for The Appraisal Foundation

Orlando, FL, January 5, 2021– Accounting firm Rosenfield and Company, PLLC’s Partner and Firm Leader of Business Advisory Services, Robert B. Morrison, ASA, BV/IA, has been elected to The Appraisal Foundation’s Board of Trustees. Bob will be serving the board for an initial three-year term, beginning January 1st, 2021. “I am honored to have been […]

Rosenfield and Company Expands Consulting Services

Firm Expands their Dealer Services Team with Debra Hogan Metro Park, NJ, January 4, 2021– Accounting firm Rosenfield and Company, PLLC has expanded its Consulting practice to include their newest team member Debra Hogan. As their current client base has expanded, the need for additional staff with specific expertise in the automotive industry has been […]

Consolidated Appropriations Act 2021

by Jennifer Kobylarz, CPA, MST After months of uncertainty and an ostensibly endless back and forth between the Democrats and the Republicans, Congress finally worked together to pass the Consolidated Appropriations Act, 2021 (The Act) on December 21, 2020. Portions of this Bill have been widely discussed over the past few months as business organizations, […]

New York – Corporate Income Tax: MTA Surcharge Rate Increased for 2021, Deriving Receipts Thresholds Unchanged (Dec. 18, 2020)

by Jennifer Kobylarz, CPA, MST The New York corporate franchise tax MTA surcharge rate will increase from 29.4% to 30% for tax year 2021. The rate will remain the same for future tax years, unless the Commissioner of Taxation and Finance confirms a new rate. Taxpayers should consider the 30% MTA surcharge rate when deciding on the amount of the second, third, and […]