Firm News

Announcing Managing Partner – James S. Pellen

We are honored to announce the appointment of James S. Pellen as Managing Partner effective January 1, 2019.

Tax Cuts and Jobs Act of 2017 Summary for Businesses and Individuals

On December 22, 2017, the president signed into law the Tax Cuts and Jobs Act of 2017 (the “Act”), which represents one of the most extensive modifications to the tax code in recent history, significantly modifying the U.S. taxation for individuals and businesses.  Most of the provisions went into effect January 1, 2018. We have enclosed a comprehensive summary of all material provisions of the Act for your reference and review.  While this is a highly complex and voluminous law, we hope this will help highlight the items of importance for planning purposes. Please do not hesitate to contact us…

Landmark Tax Reform Bill Passes

The new tax reform law — commonly referred to as the “Tax Cuts and Jobs Act” (TCJA) — is the most significant tax legislation in decades. Now businesses and individuals are trying to digest the details and evaluate how the changes will impact their tax situation. Fortunately, your tax advisors can help you figure things out. Let’s start with a basic overview of what’s covered in the new law. (Except where noted, these changes are effective for tax years beginning after December 31, 2017.) For Businesses  In general, the law significantly reduces the income tax rate for corporations and eliminates the corporate alternative minimum tax…

Hertz Herson New Partner Announcement

We are honored to announce the appointment of John Cuccinello, Vince Oliva and Eli Perl as new Partners to the firm effective January 1, 2016. With a combined 55 years of experience in public accounting, John having joined us two years ago after 13 years with Andersen and PwC, Vince having over 7 years with us during his 30 years of experience and Eli having grown with the Hertz Herson family for 10 years, they bring a wide range of skills, both technically and managerially to our team. John provides extensive technical support and guidance to our audit clients and HH team…

Happy New Year from Hertz Herson LLP

Wishing you a joyous New Year from our family to yours! Cheers, Hertz Herson LLP