Nov 28, 2017 | Firm Updates, Individual Tax, Tax Tips
We’re entering the giving season, and if making financial gifts to your loved ones is part of your plans—or if you’d simply like to reduce your capital gains tax—consider giving appreciated stock instead of cash this year. Doing so might allow you to eliminate all...
Nov 28, 2017 | Firm Updates, Individual Tax, Small Business
The New York State Paid Family Leave (PFL) Program will take effect on January 1, 2018. Any employer in New York State that has at least one employee and currently offers disability insurance will now be mandated to offer Paid Family Leave to its eligible employees....
Nov 14, 2017 | Firm Updates, Individual Tax, Tax Tips
Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer tax, which usually is beneficial. Prepaying property tax may be especially beneficial this year, because proposed tax legislation...
Nov 3, 2017 | Firm Updates, Individual Tax, Tax Tips
Many investors, especially more risk-averse ones, hold much of their portfolios in “income investments”—those that pay interest or dividends, with less emphasis on growth in value. But all income investments aren’t alike when it comes to taxes. So it is important to...
Oct 30, 2017 | Firm Updates, Individual Tax, International Tax
Boo! That’s pretty scary, but you’re probably much expecting some scares this time of year. IRS notice! Now that’s even scarier. An IRS notice can sneak up on you and be a big, scary surprise. Before you run off screaming, though, let’s look at some of the different...