Mark Schneider, CPA, is a tax partner as well as a member of Anchin's Real Estate Industry Group. Mark has spent more than 20 years servicing corporations, partnerships, individuals, and other pass-through entities. His practice includes a deep focus on servicing clients in the real estate industry including owners, developers, real estate managers and other real estate firms. Mark’s real estate client base is diverse and includes multi-family residential properties, commercial office buildings, shopping centers and real estate brokers.
Mark has extensive knowledge of multi-state taxation and has clients with properties located throughout the United States. He also has tremendous experience in providing tax strategies in addition to consulting related to acquisitions, sales, reorganizations and structuring complex deals. His practice also includes helping clients secure financing, estate planning, budgeting, and developing cash flow strategies.
Mark is a member of the American Institute of Certified Public Accountants (AICPA), the New York State Society of Certified Public Accountants (NYSSCPA) and the National Realty Club.
- Tax Planning and Compliance
- Real Estate
- Proposed “Pass Through” Deduction Regulations - What does It mean for My Business?August 14, 2018
The Pass Through deduction established as part of the Tax Cuts and Jobs Act (TCJA) allows sole proprietors and non-corporate owners of pass-through entities a maximum deduction up to 20% of their Qualified Business Income (QBI). The deduction is limited to the lesser of 20% of the QBI or the greater of 50% of the amount of wages paid to employees or 25% of wages paid to employees plus 2.5% of the unadjusted cost of qualified property. It may be further limited by taxable income at the taxpayer (individual) level.