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  • Tax Issues with Divorce
    2024/12/16

    In episode 15 of How Tax Works, Matt Foreman discusses tax issues with divorce, from transfer between spouses, to splitting up businesses and the need for detailed documents to avoid problems. This episode is for anyone who knows anyone who has ever gotten divorced, which should be everyone in the known world at this point.

    Please also see Matt Foreman’s upcoming webinar! Link below:

    • Deducting Digital Asset Losses: Worthless Assets, Rev Proc 2024-28 Basis Safe Harbor, Theft and Casualty Losses
      January 15th, 2025 @ 1:00pm - 2:50pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    28 分
  • At Risk Limitations under IRC 465
    2024/12/09

    In episode 14 of How Tax Works, Matt Foreman discusses another signature change from the Tax Reform Act of 1986, section 465, which often prevents deductions from activities where the owner does not have capital subject to a risk of loss. This episode is for anyone who is using leverage or investing in a business that will produce initial losses without requiring an initial capital contribution.

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    21 分
  • Passive Activity Losses and Credit Limitations under IRC 469
    2024/11/25

    In episode 13 of How Tax Works, Matt Foreman discusses one of the signature changes from the Tax Reform Act of 1986, section 469, which often prevents passive losses from being used to offset income in from other activities. This episode is for anyone who is considering energy tax credits, buying real estate, or any other area of investment that will generate losses or tax benefits without necessarily requiring active participation.

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    23 分
  • Self-employment Tax on Partners, Net Investment Income Tax, and Soroban Capital Partners LP v. Comm’r (Part II)
    2024/11/12

    In this episode of How Tax Works, host Matt Foreman continues his discussion of self-employment taxes, the ongoing tax saga of a hedge fund’s partners trying to convince the IRS that they are “limited partners, as such”, and the somewhat-related Net Investment Income Tax. This episode is for anyone who is starting, operating, structuring, or wondering about how income tax structuring interplays with other kinds of taxes, especially if you listened to the first part.

    Please also see Matt Foreman’s upcoming webinar! Link below:

    • Tax Strategies for Limited Partner Investors in Private Investment Funds
      November 14th, 2024 @ 1:00pm – 2:30pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    26 分
  • Self-employment Tax on Partners, Net Investment Income Tax, and Soroban Capital Partners LP v. Comm’r (Part I)
    2024/10/28

    In this episode of How Tax Works, host Matt Foreman discusses self-employment taxes, the ongoing tax saga of a hedge fund’s partners trying to convince the IRS that they are “limited partners, as such”, and the somewhat-related Net Investment Income Tax. This episode is for anyone who is starting, operating, structuring, or wondering about how income tax structuring interplays with other kinds of taxes.

    Please also see Matt Foreman’s upcoming webinar! Link below:

    • Tax Strategies for Limited Partner Investors in Private Investment Funds
      November 14th, 2024 @ 1:00pm – 2:30pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    29 分
  • Tax Consequences of Forming, Selling, and Dissolving Partnerships and Disregarded Entities (Rev. Ruls. 99-5 and 99-6)
    2024/10/15

    In this episode of How Tax Works, host Matt Foreman discusses the tax consequences of going from a disregarded entity to a partnership (Rev. Rul. 99-5) and from a partnership to a disregarded entity (Rev. Rul. 99-6). From explaining when there is taxable income (and how to structure to avoid it), as well as capital accounts, inside basis, and outside basis, this episode is for anyone who is starting, selling, or investing in a business, whether alone or with a partner.

    Please also see Matt Foreman’s upcoming webinars! Links are below:

    • Positives and Negatives of S Corporations
      October 29th, 2024 @ 1:00pm – 2:00pm EDT
    • Tax Strategies for Limited Partner Investors in Private Investment Funds
      November 14th, 2024 @ 1:00pm – 2:30pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    22 分
  • Various State and Local Income Tax Issues
    2024/09/30

    In this episode of How Tax Works, host Matt Foreman discusses a variety of state and local income tax issues that commonly come up during sales/purchases, raising capital, and the general operation of a business that crosses state lines, such as sourcing, PTETs, and the quirks of local income taxes.

    Please also see Matt Foreman’s upcoming webinars! Links are below:

    • Positives and Negatives of S Corporations
      October 29th, 2024 @ 1:00pm – 2:00pm EDT
    • Tax Strategies for Limited Partner Investors in Private Investment Funds
      November 14th, 2024 @ 1:00pm – 2:30pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    26 分
  • Convertible Debt and SAFEs
    2024/09/16

    In this episode of How Tax Works, host Matt Foreman discusses the tax consequences of Convertible Debt and Simple Agreements for Future Equity (SAFE). From explaining what it means to use Convertible Debt and SAFEs, to the tax consequences of each, this episode is for anyone who is investing in a business in anything that is not strictly equity or debt.

    Please also see Matt Foreman's upcoming webinars! Links are below:

    • Positives and Negatives of S Corporations
      October 29th, 2024 @ 1:00pm - 2:00pm EDT
    • Tax Strategies for Limited Partner Investors in Private Investment Funds
      November 14th, 2024 @ 1:00pm - 2:30pm EST

    How Tax Works, hosted by FRB Partner Matthew E. Foreman, Esq., LL.M. at Falcon Rappaport & Berkman LLP, delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

    Follow us on Twitter:
    @HowTaxWorks

    This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.

    This Podcast is Hosted by:
    Falcon Rappaport & Berkman LLP
    1185 Avenue of the Americas, Third Floor
    New York, NY 10036
    (212) 203 -3255
    info@frblaw.com

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    23 分